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Jan. 17, 2013

Velocity Hires Industry Veteran for Loan Acquisitions

Westlake Village, Calif.—Velocity Commercial Capital, a specialty finance firm focusing on originating, acquiring and securitizing small balance commercial loans, announced the addition of Craig Kolasinski to its Capital Markets team. In his role as director of loan acquisitions, Kolasinski will lead Velocity’s business development efforts acquiring pools of commercial mortgage loans nationwide in the secondary market.

Kolasinski brings more than 20 years banking and loan acquisitions experience to the position. Prior to his appointment, Kolasinski was director of acquisitions for Onward Investors LLC and previously held a senior management role at First Bank of Beverly Hills.

Kolasinksi holds a Bachelor’s degree in Business Administration from Kent State University.