Home Savings Hires Pair to Manage Commercial Real Estate
YOUNGSTOWN, Ohio -- Home Savings and Loan Co. has hired Kenneth M. Goetz and Gary L. Wimer as Managing Directors of Commercial Real Estate.
Goetz and Wimer were senior executives in the commercial real estate division of National City Corp. for many years.
Goetz was president of the national division and, prior to that, executive vice president and business line manager of commercial real estate. Wimer was executive vice president and division manager in the national division. Together, they managed a $10 billion commercial real estate lending business with numerous offices and client relationships across the United States.
In addition, Goetz and Wimer created and grew a mezzanine lending business unit to a level of "significant size and scope, and served as advisory committee members of a nationally known mezzanine fund," states the announcement of their hiring.
In 2008, Goetz and Wimer co-founded MV Management Company LLC, a commercial real estate company specializing in subordinated capital solutions for income-producing, investment-grade real estate assets.
“With more than 50 years of combined experience in commercial real estate lending on all property types throughout the continental United States, these men bring a wealth of experience and knowledge to Home Savings’ commercial lending team,” said Patrick Bevack, president and CEO of Home Savings. “We are very fortunate to have them on board.”
With assets of $1.8 billion, Home Savings operates 33 banking offices and nine loan production offices throughout Ohio and western Pennsylvania, and employs 500. It is a subsidiary of United Community Financial Corp.
Published by The Business Journal, Youngstown, Ohio.
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