Lima One Capital Appoints Dave Hughes as Senior Director

News Summary

Lima One Capital has appointed Dave Hughes as its new Senior Director of Core Servicing. Bringing over 20 years of experience, Hughes aims to enhance servicing operations and improve portfolio management. His prior accomplishments include leading a significant loan transfer and reducing delinquency rates. The company is also transitioning its headquarters to accommodate growth, promising new amenities in its work environment. With this new leadership, Lima One Capital looks to strengthen its position as a premier lender for real estate investors.

Lima One Capital Welcomes Dave Hughes as Senior Director of Core Servicing

In a thrilling development for the financial landscape in *Greenville, South Carolina*, Lima One Capital has welcomed Dave Hughes as the new Senior Director of Core Servicing. With more than 20 years of extensive experience under his belt, Hughes is stepping in to lead the servicing team responsible for managing Lima One’s impressive multibillion-dollar portfolio of loans.

A Seasoned Professional in Mortgage Servicing

Hughes joins Lima One after a successful 12-year stint at RoundPoint Mortgage Servicing, where he culminated his career as the Executive Vice President of servicing operations. His track record demonstrates a capacity for growth and efficiency that is hard to match. For instance, he has previously overseen the transfer of a staggering 800,000 loans within a 16-month window, all while remarkably increasing the portfolio eightfold without a rise in loan complaints. Impressive, right?

With a focus on fostering excellent servicing operations designed for scalability, Hughes is determined to enhance Lima One’s servicing mechanisms to provide an exceptional experience for real estate investors. His adeptness at lowering Serious Delinquency Quality by 100 basis points within just 120 days in previous roles illustrates his commitment to maintaining high operational standards.

Looking Forward

Hughes’ excitement about joining the Valencia-based lender is palpable. He recognizes the company’s strong culture and abundant growth opportunities, which likely played a significant role in his decision to join. This passion for improvement aligns perfectly with Lima One Capital’s goals, as they aspire to solidify their status as the premier lender for real estate investors nationwide.

Transitioning Headquarters

The County Square project remains under construction, with its recent developments including new offices and a parking garage. Lima One’s future headquarters will be over 65,000 square feet, more than doubling its current office space. This move indicates a significant growth trajectory, especially with plans to add another 300 employees in the near future.

Exciting New Amenities

The upcoming new office space won’t just be any typical workplace; it will boast some exciting features aimed at enhancing employee experience. With a planned outdoor balcony space, a cozy café, and a top-notch fitness center, the new environment is designed to keep the team’s spirits high and productivity even higher.

The shift in headquarters represents a strategic initiative as Lima One prepares for future challenges and opportunities. Chief of Staff Bill McDonald noted that the decision to move to a new redevelopment location with Prisma Health stemmed from the need for agility amidst construction delays. This spirit of adaptation mirrors the ethos of Dave Hughes, who is stepping into his role with the same nimbleness that Lima One is exhibiting during its transition.

Wrapping Up

As Lima One Capital continues to evolve, the company’s leadership believes Hughes is a perfect fit for steering the servicing team toward excellence. With the right strategies in place and an overall vision that encourages innovation, there’s no limit to where this company can go. Keep an eye on Lima One Capital; big things are on the horizon!

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Additional Resources

• Post and Courier: Lima One Capital Hires Dave Hughes
• Greenville Online: Lima One Capital Terminates County Square Lease
• Fox Carolina: Lima One Capital’s New Headquarters Move
• Greenville Online: Lima One Announces New Move in 2025
• Encyclopedia Britannica: Lima One Capital