Steve Feldman of Cleveland-based Bellwether Enterprise Real Estate Capital, LLC will move into the role of director of conventional production. Bellwether Enterprise also announced the hiring of John Powell, who will join the company as director of agency production effective August 12.
“We are very pleased to have John and Steve in these new roles. Over the past few months we have implemented organizational changes to focus on our long-term growth strategy and John and Steve will be instrumental in expanding our agency and conventional production platforms throughout the country,” said Lamar Seats, chief executive officer at Bellwether Enterprise, in a written statement.
Feldman co-founded Bellwether Real Estate Capital, LLC in 2008. He has 20 years of experience in commercial real estate finance, loan origination, law, tenant representation, underwriting and facilities operations.
Powell will be responsible for expanding the company’s Fannie Mae, Freddie Mac and FHA production platform and will open a new Bellwether Enterprise office in Chicago.
Before joining Bellwether Enterprise, Powell served as senior managing director at Red Capital Group in Chicago and previously as co-head of production. Preceding Red, he held a number of management positions at Fannie Mae.