Red Oak Financial, a Michigan-based commercial real estate finance company, added Nicolas “Nick” Jans to the firm’s growing team. He was named regional manager and will be based in Texas.
Jans contributes more than 36 years of industry experience encompassing the origination and closing of in excess of $2.5 billion in commercial real estate financings. He will hold responsibility for originating and processing commercial real estate bridge loans on income producing property across several asset classes. Additional responsibilities involve cultivating and building deal relationships within the mortgage banking and broker community across a multi-state region in the U.S.’s Central Region.
“The toolsets and skills Nick has amassed over the years will serve him well in this new position at Red Oak as we continue to expand our footprint across the country,” said Red Oak’s Gary Bechtel. “His skills in cultivating internal and external relationships, resolving complex negotiations and ability to communicate with his team make him a force on our team.”
Prior to joining Red Oak, Jans served as the Southwest regional director for Money360, where he sourced and closed in excess of $140 million in new bridge loans over 30 months. Prior to that, Jans served in leadership positions at Willow Bend Commercial Capital, New York Life Investment Management and Massachusetts Mutual Life Insurance Co (now Barings Real Estate Advisers), with all positions based in Dallas.
“This is the perfect time to join Red Oak because the company’s institutional approach to small balance lending aligns well with my background and skill set,” Jans said. “I plan to apply a deep knowledge of commercial real estate financing products and markets to the process of loan origination, underwriting, portfolio management, asset/loan workouts and valuation for the benefit of Red Oak borrowers. Much of this is a result of the longstanding loan broker relationships I am fortunate to have built over the years.”
Jans earned the CCIM designation, is a former chairman of the Dallas Mortgage Bankers Association’s commercial lending committee and earned a bachelor’s degree in business administration at Saint Louis University.