Private money lender CV3 Financial Services, LLC, recently appointed two
new executives to key positions on the company’s team – Robert Callaway as chief
financial officer and Ken Jacobson as senior vice president, capital markets.
On the heels of the company’s recent launch, the company explained the move as
a strategic one intended to reflect its commitment to bolstering its financial
leadership in the industry and drive sustainable growth, according to a press
release.
Callaway brings to CV3 more
than a decade of experience in leading financial operations at both public and
private companies in the real estate sector, in addition to substantial
expertise in financial oversight, forecasting, predictive analysis, business
intelligence, and overall corporate finance, the release states. He previously
served in financial executive roles for April Housing, Invitation Homes,
Wedgewood, Inc. and Kilroy Realty Corporation.
Jacobson brings deep-rooted
relationships from all sectors of the financial services industry and over $7
billion of secondary market transaction experience throughout his career. Prior
to joining CV3, he served as VP, Capital Markets at CIVIC Financial Services.
Previously he served on the Wedgewood capital markets team, having secured
numerous warehouse facilities, NPL and REO securitizations and NPL portfolio
acquisitions.
With CV3 quickly emerging as an
industry frontrunner, Callaway and Jacobson will each play pivotal roles in
guiding the company’s financial strategies, navigating complex financial
markets, and optimizing investor relations. Their extensive collective experience
in strategic financial management, product development, and active portfolio
management will be instrumental in leading CV3 toward its strategic goals.
“We are excited to welcome
Robert Callaway and Ken Jacobson to CV3’s executive team,” CV3 CEO and
President William Tessar said in the release. “Their extensive knowledge and
impressive track records in their respective fields will be invaluable as we
continue to expand our business, strengthen our financial performance, and
create long-term value for our capital partners and the real estate investing
community that we serve.”
Callaway and Jacobson expressed
their enthusiasm for joining CV3’s decorated leadership team and shared their
commitment to contributing to the company’s future success. The duo has already
been instrumental in the closing of CV3’s warehouse facility with ATLAS SP
Partners and will look to continue to onboard and diversify financing and
secondary counterparties.
Founded by Tessar, former president
of CIVIC Financial Services, CV3 provides financing for fix-and-flip and rental
properties to real estate investors in 25 states. This appointment underscores
CV3’s dedication to enhancing its financial stewardship, governance of lending
responsibilities, and capital strength, the release states.