Commercial Mortgage Loan News

SEATTLE OFFICE

STEELHEAD CAPITAL OPENS FIRST SEATTLE, WASHINGTON OFFICE

Seattle, WA - November 7, 2001

Steelhead Capital is pleased to announce the opening of its Seattle office on November 1, 2001 by Mr. Rob Marshall. Mr. Marshall comes to Steelhead Capital with 15 years in the commercial real estate industry and has worked for many of the industry's top companies, including GE Capital, Pinnacle and GMAC Commercial Mortgage. Prior to opening the Seattle office, Mr. Marshall was a Vice President with American Property Financing.

Mr. Marshall will be responsible for originating and analyzing commercial loans for all property types as well as overseeing the growth and development of the Seattle office. Mr. Marshall believes that it is an opportune time to open a new office, even in the face of economic uncertainty. He said, "Steelhead Capital has been very successful because of its ability to get deals done. Now more than ever, borrowers need creative solutions to meet their financing needs and we are well-positioned to deliver those solutions."

The opening of the Seattle office represents a large step in the growth of Steelhead Capital by greatly increasing its presence in the Northwest. The firm's Principal, Peter Slaugh, had this to say about the addition of Mr. Marshall, "We're delighted to add Rob to our team. His expertise and familiarity with the Pacific Northwest markets coupled with our experience and lending sources will enable him to make an immediate impact on the market. We've seen a dramatic increase in market share over the last two years, so adding a local office is a natural step for us to take."

Steelhead Capital is a premier provider of creative financing solutions for commercial real estate loans. Steelhead Capital brings an extensive network of loan sources, structured finance experience with a focus on commercial real estate acquisitions, and a clear commitment to personalized customer service to investors financing properties in any of the 50 states. Steelhead Capital's corporate offices are located in San Francisco, CA.

Contact Information:
Steelhead Capital
415-397-2980 (phone)
415-397-2981 (fax)

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