Los Angeles-based Karlin Real Estate recently appointed Michael Hurst co-managing director of real estate lending.
Hurst brings nearly 15 years of real estate finance experience to Karlin's growing debt platform, which is ‘in response to the evolving capital markets,’ notes Matthew Schwab, managing director.
Hurst comes to Karlin after more than seven years with Buchanan Street Partners, a Newport Beach, Calif.-based real estate investment and management firm. As the head of Buchanan's principal lending platform, Hurst oversaw the origination of approximately $1 billion across the company's advisory, debt, and equity disciplines. He also was responsible for sourcing and structuring the financing for equity investments through Buchanan's commingled funds and separate accounts.
Previously, Hurst spent seven years with LaSalle Bank in Chicago, where as vice president, institutional commercial real estate, he originated a loan portfolio of approximately $1.2 billion.