RED BANK, NJ - Besen Special Assets is proud to announce the hiring of Daniel Kole as Managing Director of the residential (1-4 family) whole loan desk. With over 20 years of experience, Kole brings a unique blend of financial advisory expertise. Prior to joining Besen he served as a Vice President of investment services with some of the largest financial firms including UBS, Wells Fargo, Merrill Lynch, and Santander Investment Services.

He holds his series 7, 63, 65, life, health and variable insurance licenses and is also a Certified Retirement Counselor.

Given the continued growth in total trade volume within the residential (1-4 family) whole loan space and steady rise in investor demand, Besen Special Assets capitalized on the opportunity to add Daniel to the team. “His experience in the financial markets and whole loan debt space makes him a great asset,” states Jonathan Horn, Managing Partner of the New Jersey based firm, “We are very excited that Daniel decided to join our team as the amount of residential loan sales our firm is executing has grown by 30% over the last few quarters”.

Kole will be managing the residential (1-4 family) whole loan desk where he will be responsible for overseeing day to day operations, which include working exclusively on behalf of community, regional and national banks as well as private equity funds and hedge funds in the disposition of residential (1-4 family) whole loans to private, corporate and institutional investors. “I’m very excited to join the Besen Special Assets team,” said Kole, “And I look forward to working with such a talented group of loan sale advisors.”

Kole completed the Certified Financial Planner Program at Fairleigh Dickenson University. He is the proud father of four and lives in Navesink, NJ with his wife and children.

 

About Besen Special Assets

The Besen Special Assets group is the market’s preeminent full-service advisory platform providing a comprehensive range of business lines related to the valuation and disposition of small balance commercial and residential mortgage loans and REO assets in the secondary market secured by all asset types across all performance classes.

For more information about Besen Special Assets, please visit www.besengroup.com.