Anchor Loans, the Thousand Oaks, a California-based provider of financing to residential real estate developers, builders and entrepreneurs, has hired Jim Fraser as chief operating officer.
In his new job role, Fraser will be responsible for the customer experience that Anchor delivers as well as the day-to-day operations of the company. He will also coordinate the expansion of Anchor’s homebuilder and build-to-rent (BTR) finance programs.
Fraser joins Anchor from Built Technologies Inc, a provider of construction-finance software, where he was senior vice president for commercial real estate lending solutions. Prior to joining Built, he was an independent advisor to the platform’s co-founders and venture capital providers. Earlier in his career, he was executive vice president of commercial lending at Axos Bank and senior vice president at Banc of California.
“Over the course of his career, Jim has consistently demonstrated his ability to build relationships, grow and manage sustainable businesses, and create value through all economic cycles,” said Anchor Loans CEO Rayman Mathoda. “His deep experience within the construction and homebuilding sectors will further accelerate Anchor’s presence in those markets and particularly within the build to rent space which is experiencing significant growth … Having known Jim for almost 20 years at multiple phases of his career, I’m confident that he will be an excellent addition to our leadership team, helping advance our customer and people-focused culture so we can deliver an exceptional customer and employee experience – the best path to market leadership.”
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