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December 11, 2017
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Banc of California Recruits James Weigandt as Managing Director, Commercial Real Estate and Multifamily Banking

12/01/17

Banc of California today announced it has hired James Wiegandt as Managing Director, Commercial Real Estate and Multifamily Banking. Wiegandt joins Banc of California from Luther Burbank Savings, where he most recently served as Director of Retail Income Property Lending. He has 24 years of banking experience, including considerable expertise in commercial real estate lending focused primarily in Southern California.

Wiegandt will lead Banc of California’s strategies focused on commercial real estate banking opportunities, with responsibility for commercial real estate and multifamily banking and lending products. Previously, he served as Executive Director, Commercial Lending at JPMorgan Chase for over 10 years.

Doug Bowers, President and Chief Executive Officer, commented, “We have substantial expertise and product capabilities in the commercial real estate and multifamily world today, and the expanded focus fits squarely with our intent to continue to add top banking talent to Banc of California. Jim joins us with substantial experience on the lending side, and just as importantly, brings a broader perspective to the greater banking and depository needs of borrowers. Alongside our recent addition in the deposit and treasury management space, we are building a more focused effort around full-service banking centered on an increased commitment on the depository needs of existing and prospective commercial real estate relationships.”

Additionally, the company announced the hiring of Warren Ramsey as Senior Director of Commercial Real Estate Lending. Ramsey also joins from Luther Burbank Savings, where he served as Income Property Loan Officer. Previously, he worked with JPMorgan Chase and Washington Mutual, and brings 13 years of experience in Commercial Real Estate Lending, focused on Multifamily Lending in Southern California.

Wiegandt and Ramsey join the firm’s existing team, which includes senior bankers, Tom Senske and David Ghannadi. Senske will continue to serve in business development and relationship management as Senior Director, Multifamily Commercial Real Estate Banking. Ghannadi, Senior Director, Commercial Real Estate Banking, continues to lead the efforts focused on Investor Commercial Real Estate Banking activities.




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