RED Mortgage Capital appoints president, national head of production

by Francis Monfort14 Dec 2017
RED Mortgage Capital has hired Trent Brooks to serve as president and national head of production.

Brooks joined the mortgage banking arm of RED Capital Group on Dec. 11. He brings more than 30 years of executive leadership experience in the multifamily housing industry. With his support of affordable, workforce, conventional, green, and small balance housing finance programs, Brooks has built long-term relationships with Fannie Mae, Freddie Mac, and the Federal Housing Administration.

According to the company, Brooks brings expertise in business development, investor relations, strategic planning, and product development. He will have offices in both Newport Beach, Calif., and Columbus, Ohio.

“We are excited to have Trent join RED to lead the growth and product diversification efforts of our national multifamily production platform,” RED Capital Group Chairman and CEO Ted Meylor said. “With his combination of vast industry experience and creative thinking, he is the perfect fit to help grow RED’s market share, enhance customer service, and lead our Agency relationships. I am confident in Trent’s ability to build upon our already strong connections with Fannie Mae, Freddie Mac, FHA, and HUD.”

“I am very pleased to be joining RED to lead this team of outstanding industry professionals,” Brooks said. “With RED’s refreshingly strong entrepreneurial spirit, proprietary products, and market agility, we are ideally positioned for strategic growth as we serve the full spectrum of multifamily housing on a national scale. I look forward to working with the entire RED team to become the #1 multifamily finance platform in the industry.”

Brooks was most recently executive vice president and director for the Western region at Bellwether Enterprise Real Estate Capital. He is also the co-founder of Sierra Capital Partners and GlenBrook Capital Advisors. Additionally, Brooks was previously the COO at Lyon Communities as well as president of Bankers Mutual, where he served for more than 15 years.

Related stories:
Multifamily confidence hits 6-year low
Commercial, multifamily originations increase in Q3


Should CFPB have more supervision over credit agencies?