Colony American Finance, the single-family lending unit of Colony American Homes, has named Ryan McBride to the newly created position of chief operating officer.
For the last two years, McBride was Colony American Homes’ executive vice president of acquisitions, where he focused on CAH’s acquisition efforts and overall operational activities.
In his new role, McBride will be responsible for the daily operations of the company, which focuses on providing acquisition financing and loans for investor-owned single-family rental portfolios. McBride will report to Beth O’Brien, the company’s president.
“This is a natural transition for Ryan and we are delighted to welcome him to an official role at CAF,” O’Brien said. “He has been actively involved with our activities since CAF was founded earlier this year, and the leadership and oversight he provided while helping to build and scale the acquisition efforts of CAH will prove equally valuable to the single family lending business.”
Prior to joining Colony American, McBride was senior managing director at Carrington Investment Services from 2010 to 2012. While at Carrington, McBride was responsible for the company’s single-family residential rental strategy, capital formation and evaluating merger and acquisition opportunities.
“I look forward to working with Beth and the team as we expand our efforts to provide acquisition capital and long term financing to investors in single family homes,” McBride said.