CapStar Adds to Commercial Real Estate
November 29 2016 - 10:00AM
CapStar Bank (NASDAQ:CSTR) has expanded its credit production
capacity by adding a team that specializes in financing for owners
or purchasers of properties with triple-net lease agreements with
investment grade tenants. Chris Barham of Carmel, Ind., has been
hired to lead CapStar Tri-Net Funding for the bank. He will be
joined by Joyce Crowder, a 14-year banking veteran who will assist
with the administration associated with closing the loans.
“Chris and his team will broaden the capacity of our
Commercial Real Estate lending, enabling CapStar to originate loans
for property owners who have long-term net leases with investment
grade tenants,” said Dan W. Hogan, CapStar Bank CEO.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/9f6117c0-e10d-4b76-8119-3dfe4827eb93
Barham’s banking 30-year banking career is extensive. He was
most recently Senior Vice President and Founder of TriNet Direct in
Carmel, Indiana. Barham is a Cum Laude graduate of Butler
University in Indianapolis with a degree in Business
Administration. He also earned a graduate degree in Finance from
the Bank Administration Institute’s Graduate School of Banking at
the University of Wisconsin and Vanderbilt University. Barham said,
“Joyce and I are pleased to join the growing CapStar family, and we
appreciate CapStar’s commitment to establishing us as a leader in
the national net lease income property lending community.” At
present, Barham and Crowder will continue to operate from Carmel,
Ind.
About CapStar
CapStar Financial Holdings, Inc. is a bank holding company
headquartered in Nashville, Tennessee, and operates primarily
through its wholly owned subsidiary, CapStar Bank, a
Tennessee-chartered state bank.
Forward-Looking Statements
Certain statements in this press release are forward-looking
statements that reflect CapStar’s current views with respect to,
among other things, future events and CapStar’s financial
performance. These statements are often, but not always, made
through the use of words or phrases such as “may,” “should,”
“could,” “predict,” “potential,” “believe,” “will likely result,”
“expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,”
“intend,” “plan,” “project,” “projection,” “forecast,” “goal,”
“target,” “would,” and “outlook,” or the negative version of those
words or other comparable words of a future or forward-looking
nature. These forward-looking statements are not historical facts,
and are based upon current expectations, estimates and projections
about CapStar’s industry, management’s beliefs and certain
assumptions made by management, many of which, by their nature, are
inherently uncertain and beyond CapStar’s control. The inclusion of
these forward-looking statements should not be regarded as a
representation by CapStar or any other person that such
expectations, estimates and projections will be achieved.
Accordingly, CapStar cautions you that any such forward-looking
statements are not guarantees of future performance and are subject
to risks, assumptions and uncertainties that are difficult to
predict. Although CapStar believes that the expectations reflected
in these forward-looking statements are reasonable as of the date
made, actual results may prove to be materially different from the
results expressed or implied by the forward- looking statements.
There are or will be important factors that could cause
CapStar’s actual results to differ materially from those indicated
in these forward-looking statements, including, but are not limited
to, the risk factors previously disclosed in the “Risk Factors”
section included in CapStar’s prospectus filed with the SEC on
September 23, 2016 pursuant to Rule 424(b)(4) under the Securities
Act. If one or more events related to these or other
risks or uncertainties materialize, or if CapStar’s underlying
assumptions prove to be incorrect, actual results may differ
materially from our forward-looking statements. Accordingly, you
should not place undue reliance on any such forward-looking
statements. Any forward-looking statement speaks only as of the
date of this press release, and CapStar does not undertake any
obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as required by law. New risks and
uncertainties may emerge from time to time, and it is not possible
for CapStar to predict their occurrence or how they will affect
CapStar.
# 30 #CapStar Bank: We’re
listening.
For more information, contact:
Beth Alexander (615) 732-6424
balexander@capstarbank.com
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