B2R Finance, a provider of residential buy-to-rent mortgages for property investors, announced the addition of Evan Lorch as the company’s new chief financial officer.

In the newly created position, Lorch will report directly to B2R Finance President John Beacham, and will "utilize his strong background in operations, mergers and acquisitions and emerging markets to lay the groundwork to support the company’s substantial growth trajectory,” the company said in a release.

Lorch joins B2R from CoreOne Technologies, where was also CFO. At CoreOne, Lorch oversaw all financial and accounting functions across CoreOne’s centers in North America, Europe and Asia.

“In the CFO position, Evan is poised to build and diversify our business to meet the growing demand for residential investment properties,” Beacham said.

“Evan’s extensive experience in financial services, combined with his experience with companies at all stages of growth, is an ideal fit to help us quickly scale our business and move us toward our long-term goal of creating an efficient and dependable financing vehicle for a new set of investors.”

Earlier in his career, Lorch also served as CFO at the international trading company BIDS Trading LP, where he was responsible for all financial operations and administrative functions. Lorch started his career at PricewaterhouseCoopers.

“B2R is a leader in a new field of investing, led by a team that really knows the industry,” Lorch said.

“The company is in a prime position to expand and diversify, and as the company’s first CFO, my goal is to help B2R become a national leader in efficient financing options for the residential rental property investor.”

About the Author

Most Popular Articles

Housing market flashing recession signal

The housing market is signaling there will be an economic recession by the 2020 election, according to Benn Steil, director of international economics at the Council on Foreign Relations.

Oct 11, 2019 By

Latest Articles

MBA: U.S. refinance activity triples on low rates

Last week, the 30-year fixed-rate mortgage fell, spurring another uptick in refinance demand, resulting in mortgage applications rising by 0.5%, according to the Mortgage Bankers Association. The organization indicates that on an unadjusted basis, the index crawled forward 1% for the week ending on October 11, 2019. Despite this increase, Joel Kan, MBA’s vice president of economic and industry forecasting, said the ongoing interest rate volatility is impacting a borrowers’ ability to lock in the lowest rate possible.

Oct 16, 2019 By