St. Paul, Minn.—Oak Grove Capital, a national provider of real estate financial services, has announced that Ken Bowen has joined the St. Paul-based lender as a senior vice president, focusing on new loan originations for the company’s market rate multifamily debt platform.
Prior to joining Oak Grove Capital, Bowen was president of Red Mortgage Capital, where he spent 18 years focused on multifamily and seniors housing production. His experience includes a wide variety of roles, including chief underwriter, head of multifamily production, and member of the Loan Committee and Asset Management Committee. Bowen has also served on Fannie Mae’s Affordable Housing Forum, Chief Underwriter’s Forum, and various working groups assisting Fannie Mae in new product developments and enhancements. Before moving to Columbus, Ohio in 1995, Bowen spent two years as chief lending officer of a savings bank in New York City that focused on commercial real estate lending, and 10 years in the fee appraisal business, earning the MAI designation in 1990.