B2R Finance, which is a subsidiary of private equity firm Blackstone (BX), has added Jason Hogg as the company’s first chief executive officer.
The addition of Hogg continues B2R’s efforts to bolster its executive team. In the last few months, B2R, a provider of buy-to-rent mortgages for single-family property investors, has added several to its executive team.
Now, B2R has added Hogg to lead its executive team as CEO. In this position, Hogg will provide strategic direction to support B2R’s expansion, building out a platform of products and services that meet the demands of residential investors, the company said.
Hogg brings substantial finance and technology experience to B2R, having spent nearly 20 years in entrepreneurial and leadership roles.
Earlier in his career, Hogg founded the alternative payment company Revolution Money. Hogg also invented a scalable, global platform that supports Bluebird by American Express, American Express Serve and Walmart.
“B2R is moving quickly to manage its rapid growth and maintain its first mover advantage,” said Nick Gould, executive chairman of B2R. “With Jason’s success turning great ideas into profitable companies, we know he will enhance stakeholder value and establish B2R as the preeminent provider of residential finance products and services.”
Hogg is also the former president of American Express Serve, chief operating officer of Medsite, and chief business development officer for MBNA Canada.
“Investors continue to focus on and target the single family rental market and B2R is uniquely positioned to meet the financing and other service needs of these investors,” Hogg said. “The company is poised for significant growth and I welcome the chance to work with B2R’s team of experienced professionals to leverage this opportunity.”