Published: Thursday, January 12, 2012, 12:38 PM     Updated: Thursday, January 12, 2012, 12:53 PM
By Stan Diel -- The Birmingham News
John "Chip" Moore and Susan Moore Hall (Special)
BIRMINGHAM, Alabama -- The Birmingham staff of Berkadia Commercial Mortgage -- a Berkshire Hathaway subsidiary with Birmingham roots -- has left that company to open Highland Commercial Mortgage, the new lender announced today.
John O. "Chip" Moore and Susan Moore Hall, previously senior vice presidents at Berkadia, are partners in the new Highland Commercial and have been joined by the entire Berkadia staff in the new venture, the company said in a prepared statement.
Moore and Hall are brother and sister and the children of John Moore, who was a co-founder of Highland Mortgage Co. in 1979. That company was sold to GMAC Commercial Mortgage in 2005 and subsequently became Berkadia Commercial Mortgage.
Highland Commercial will specialize in construction, refinance, acquisition, and redevelopment loan programs for multifamily, affordable housing and health care, Moore and Hall said in a prepared statement.
Pete Hodo III, a new addition, will serve as chief operating officer. The company's offices are located at 33 Inverness Parkway, Suite 140, in Birmingham.
© 2012 al.com. All rights reserved.
www.CommercialPropertyDirectory.com