As part of its efforts to jump-start commercial lending, Synovus Financial Corp. of Columbus, Ga., said Thursday it had hired four bankers from units of Capmark Financial Group Inc. to help establish a senior housing group. The group aims to lend to operators of nursing homes and Alzheimer's, convalescent and assisted-living facilities.
The leader of the group is William E. Shine, who joined Synovus last year from guess where? Capmark Finance Inc. His title is director of corporate banking for specialized health care lending.
Joining him are Sarah S. Duggan and John W. Tyson of Capmark Finance, and Malana C. Bryant and Donna C. Phillips of Capmark Bank.
Capmark, which filed for Chapter 11 bankruptcy protection in 2009, submitted a reorganization plan in April to reemerge as a smaller company.