Ryan McBride has joined Colony American Finance as chief operating officer, according to a company press release.
In the newly created position, McBride will be responsible for daily operations of the company, reporting to President Beth O’Brien. “This is a natural transition for Ryan and we are delighted to welcome him to an official role at CAF,” said O’Brien. “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.”
Colony American Finance provides acquisition financing and loans for investor-owned single-family rental portfolios. CAF is the single-family lending unit of Colony American Homes, which leases and manages single-family residential homes in the U.S. CAH has issued two securitizations backed by its portfolio of homes.
McBride joins Colony American Finance after spending the last two years at CAH where he was responsible for leading CAH acquisition efforts as well as overall operational activities in his role as executive vice president-acquisitions.
Prior to joining CAH, he was a senior managing director at Carrington Investment Services from 2010 to 2012, responsible for directing the firm's single-family residential rental strategy, capital formation and evaluating merger and acquisition opportunities.