Greenville mortgage lender expands to West Coast: Business notes | Greenville Business
A Greenville-based mortgage lender announced an expansion to the West Coast on July 12.
Lima One Capital, a lender for real estate investors established in 2011, will open an operations center in Irvine, Calif. It will allow the lender to stretch its working hours and to share its underwriting and origination knowledge with the western United States.
The company has a range of focuses, from financing fix-and-flip properties, rentals and portfolios, to multifamily units and new construction.
Shahin Ilbeig has been named the Director of West Coast Operations. Ilbeig joined the lender in December 2021 and had previously worked at other private lenders.
Lima One Capital has over $5 billion in origination, the process of creating a home loan or mortgage, since its inception. An additional $2 billion is anticipated for 2022.
Greenville-based developer names CEO

Dan Klausner was named CEO of Verdae Development, Inc., the developer of the 1,100-acre planned development in Greenville called Verdae. Provided/CompletePR
The developer for Verdae, an 1,100-acre planned development in Greenville, announced a new CEO on July 12, weeks after announcing its major, decade-away upgrade slated for 90 acres on Laurens Road.
Dan Klausner joins Verdae Development, Inc., from San Diego-based Newland Real Estate Group where he served as Vice President of Commercial Real Estate over the East Coast. In that role, he was responsible for development and disposition of millions of square feet of commercial entitlements and thousands of multifamily and rental units in planned communities.
In late May, the Hollingsworth Fund and its real estate subsidiary Verdae Development, Inc. announced plans to transform a two-mile stretch along Laurens Road in Greenville, currently dotted with retail stores, into a mixed-use development with offices, residences, retail and green space.
Other Upstate personnel changes
- United Community Bank added litigation attorney Cashida Okeke as its employment counsel. She joins the Greenville-based bank from the law firm Jackson Lewis P.C. where she provided employment law advice and counsel on workplace training and investigations, pay equity issues and revisions to employee handbooks. Okeke received her Juris Doctor from the University of South Carolina School of Law in 2014.
- Michelin North America, headquartered in Greenville, named Jason Anzalone as director of motorsports, replacing Tony Ménard, who will return to Michelin headquarters in France after three years at the North American office. Anzalone has worked at Michelin for more than a decade, serving in a number of roles including his most recent as a strategic account director for Discount Tire and Tire Rack. He has worked with the motorsport team since May to prepare for the role.

Spartanburg Community Indicators Project has named Midas Hampton as its first executive director. In his previous role, Hampton was the national director of research and evaluation at Urban Alliance in Washington, D.C. Provided/Mitch Kennedy
- The Greenville Airport Commission elected Michael J. Gutta to the Member-at-Large position, replacing Harold Carey who served in the role for six years. Matthew C. Alexander was elected the commission’s chair and Kevin P. Brady was elected vice-chairman. Carey is a mechanical engineer at General Electric, a pilot and the Aircraft’s Owner and Pilots Association representative for the Greenville Downtown Airport. The commission owns and operates the downtown airport (GMU), and does not rely on local taxpayer funding.
- The Spartanburg Community Indicators Project has hired its first executive director, Midas Hampton. Hampton is a South Carolina native and graduated from USC Upstate. In his previous role, Hampton was the national director of research and evaluation at Urban Alliance in Washington, D.C. Spartanburg Indicators is a collaboration of nine sponsoring partners whose goal is to report on data and community initiatives and create dialogue and strategies that lead to community improvements.
Landrum Legends’ new home

From left, Joyce Boyd, Frances Moore, Judy Wyatt and Geraldine Ford working on crafts at the Anne Regan Aging Well Center in Landrum, S.C. Asia Rollins/staff
The Anne Regan Aging Well Center officially opened on June 28 to the Landrum Legends, a part of Spartanburg County Parks Department’s more than 50 Wellness groups that meet throughout the week. Cities throughout the county have wellness groups for seniors.
Money for the center was donated by the late Anne Regan, who had a passion for giving back to senior citizens in her community. The City of Landrum matched Regan’s donation to the center on 503 S. Randolph Ave., which was previously a church.
Before meeting at the new center, the group met at the Landrum Depot.
Landrum Legends meet from 8:30 a.m. to 2 p.m. every Tuesday and Thursday. There is no cost to join and participate in programming. To join the group, you have to be at least 60 years old.
That’s all for this week. Email your thoughts, tips, releases and newsy bits to [email protected].
Follow Stephanie Mirah on Twitter @stephaniemirah