Irvine, California–based Center Street Lending, a private-money lender for the real estate industry, has promoted Dan Baruch to CEO. Baruch previously served as president of the firm and will now oversee the day-to-day operations and strategic direction moving forward.
With more than 25 years in real estate lending, Baruch has held several executive positions including COO of W. J. Bradley Mortgage Capital, partner at Banc of Manhattan Capital, president of Banc of Manhattan Warehouse Lending and EVP of Countrywide Warehouse Lending. He earned an MBA in finance from the University of Southern California.
“In just a few short months, Dan has demonstrated his ability to lead and grow Center Street Lending into a leading lender for residential investors, built on premier customer service and attractive terms,” says Stephen Couig, founder of Center Street Lending. “We look forward to supporting and working with Dan for years to come.”
Center Street Lending provided more than $220 million in financing across 12 states in 2017 and $800 million since 2010.