Responsible for originating CSG’s complete line of debt and equity products, including HUD, USDA-RD, forward rate lock commitments & construction loans, as well as 4% and 9% Low Income Housing & Historic Tax Credit Equity
CLEARWATER, FL, May 27, 2020 — Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the promotion of Alex Holverson to Vice President, Midwest Regional Production Officer.
Alex Holverson, MSRE and VP – Midwest Regional Production Officer: Alex, based in Chicago, Illinois, is responsible for originating CSG’s wide range of debt & equity products in the Midwest, including construction loans, forward rate lock commitments, HUD and USDA-RD 538 loans plus ancillary products such as bridge and land loans. CSG can also provide equity and bond financing. For the past five years, Alex was the Production Manager and VP of Production for CSG responsible for determining initial feasibility and structuring appropriate debt and equity on new financing opportunities. He was also the liaison for CSG’s warehouse relationships, as well as managing the terms and conditions of various debt and equity products. Prior to joining CSG, Alex was a commercial property claims adjuster for a nationally recognized insurance company. He received his Master’s in Real Estate from the University of South Florida, and a Bachelor of Science Degree in Finance with an emphasis on Real Estate from the University of Missouri.
“We are very pleased that Alex accepted the VP regional production officer role for the Midwest region. Alex has excellent knowledge of all of CSG’s debt & equity products and will undoubtedly continue to provide superior customer service to our existing and future clientele,” noted Keith Gloeckl, CEO of CSG.
“The addition of Alex to CSG’s Acquisitions and Originations team is significant as he brings a great deal of industry experience to the table,” stated Daniel Duda, Senior Vice President
National Director of Originations and Acquisitions. “In addition, Alex has valuable technical skills that allow him to effectively provide the best solution specific to our customer’s financial needs.”
About Churchill Stateside Group
Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $1 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors and pension funds. The company’s investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer.
For more information, please visit www.CSGfirst.com.