FOR IMMEDIATE RELEASE
Contact: Herman Bulls, President & CEO
+1 (202) 256-1814
herman.bulls@bullscapitalpartners.com

Fannie Mae DUS® Lender Bulls Capital Partners Appoints Mary Ann Jones as Chief Underwriter

Vienna, VA July 8, 2008 – Bulls Capital Partners, LLC, a multifamily financial service provider and Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, announced the appointment of Mary Ann Jones as Senior Vice President and  Chief Underwriter. As Chief Underwriter, Ms. Jones is responsible for all underwriting activities, credit policy, risk management and asset management.  Ms. Jones’ hire comes shortly after Goldman Sachs’ minority investment in Bulls Capital Partners.

An experienced real estate and finance industry veteran, Mary Ann Jones most recently served as Director of Originations for CIT Group (NYSE: CIT), a global commercial finance company.  Prior, Ms. Jones served at Centerline Capital Group as Senior Vice President for Strategic Originations as well as five years as Chief Underwriter.  As Chief Underwriter she was responsible for underwriting and approval of over $1.2 billion in annual Fannie Mae DUS loan production.

Herman Bulls, President and CEO of Bulls Capital Partners said, “Mary Ann Jones adds depth to our senior management team as we execute strategies to expand our portfolio.  Our senior management team, combined with Goldman Sachs as an investment partner, positions Bulls Capital Partners for growth in volume and market share over the next several years.”

Ms. Jones stated, “I am excited about the opportunity to join the vibrant and growing team at Bulls Capital Partners.”

Mark Van Kirk, Co-Founder and COO added, “Mary Ann Jones brings an excellent reputation for creative problem solving and helping borrowers resolve financing challenges with thorough knowledge of underwriting and loan documentation processes.  Ms Jones joins us in providing our existing borrowers, prospective customers and our partner, Fannie Mae, leading product execution.”

About Bulls Capital Partners, LLC

Bulls Capital Partners is a joint venture of Goldman Sachs Commercial Mortgage Capital and Bulls Multifamily, LLC, a minority-controlled firm headed by President and CEO Herman Bulls.  Bulls previously ran a successful DUS lending operation, and has extensive commercial real estate experience with one of the world’s leading real estate service providers. Co-founding Bulls Capital Partners with Bulls is Mark Van Kirk, Chief Operating Officer. Van Kirk previously served as Director of Counterparty Risk at Fannie Mae.

Bulls Capital Partners, LLC is a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender that offers a full array of financing solutions to owners of multifamily property. Bulls Capital Partners’ key capabilities under the DUS program include small loan solutions, affordable housing solutions, student housing, market-rate multifamily mortgages, and credit facilities, among other offerings.

Website: http:// www.bullscapitalpartners.com

Goldman Sachs Commercial Mortgage Capital, L.P., a wholly-owned subsidiary of Goldman, Sachs & Co., is a leading full-service commercial mortgage lender, providing non-recourse, first mortgage and mezzanine financing for stabilized properties as well as for the renovation and lease-up of properties nationwide.

 

 

DUS is a registered mark of Fannie Mae.