New York, NY BHI, a full-service commercial bank, has appointed Doug Rutley as head of real estate, responsible for the bank’s commercial real estate loan portfolio, deposits and client base. Rutley joins BHI from MidFirst Bank.
With more than 30 years of CRE lending experience, Rutley has financed construction, bridge and term loans for apartment, office, industrial, retail, condo, hotel and self-storage properties.
“We look forward to Doug bringing his years of management and origination experience to BHI and are excited to have him on the team. He adds additional breadth to our platform as he is well-respected and known in our industry, and possesses strong market knowledge,” said Steven Caligor, BHI division executive who oversees lending and deposit-gathering teams for BHI’s CRE and Healthcare divisions.
“Doug will be responsible for driving business, team management, portfolio oversight, and further developing our client base. Over the next year, he will also assist as BHI launches a national CRE model to better service our clients and diversify the portfolio,” Caligor said.
At MidFirst Bank, he was responsible for establishing the bank’s NYC office in 2004 and served as managing director for Northeast originations for the past 14 years. Previously, he was managing director for Chicago-based LaSalle Bank where he helped launch the bank’s New York real estate office and was responsible for the origination of CMBS loans in the New York and Philadelphia markets. His experience also includes executive lending positions in commercial real estate at Chase, PNC Bank and Dime Savings Bank of New York.
Rutley earned a BS in business from the University of Richmond and has completed New York University’s Real Estate Diploma program.
He is a member of the Mortgage Bankers Association (MBA), where he has served on the senior executive council and the board of directors. He is also a member of the International Council of Shopping Centers (ICSC), National Association of Industrial and Office Properties (NAIOP), Real Estate Board of New York (REBNY), Real Estate Lenders Association (RELA), and Real Estate Network Trust (RENT).