NEW YORK (Feb. 18, 2020) – Mortgage banking company Merchants Capital today announces the hiring of Evan Gibson as Vice President of Debt Strategies. Gibson brings with him a diverse background in capital markets and commercial real estate to Merchants Capital. Most recently, Gibson served as the head of a direct lending platform for a top HUD lender, with a focus on health care and multifamily asset classes, which included both value-add and stabilized properties. Gibson is a graduate of the University of Washington with a degree in mathematics. In his new position, Gibson will lead Merchants Capital’s Debt Strategies group, which will focus on developing both bridge and permanent debt solutions outside of the typical balance sheet and agency landscape. Based in the company’s New York City office, Gibson will work collaboratively with Merchants’ originations, credit and capital markets teams to roll out these new solutions to clients. “When we look around an increasingly competitive agency lending marketplace, our company needs to continue to find ways to deliver innovative products to our customers,” said Brian Sullivan, COO of Merchants Capital. “Evan’s deep experience and key contacts will support the growth of this new channel, giving our producers more tools in their kit to find industry leading solutions for their clients.” Gibson is also a veteran of the United States Marine Corps, where he was a Team Leader at 2nd Reconnaissance Battalion. In 2009 he deployed to Now Zad in Afghanistan’s Helmand Province as both a Reconnaissance Marine and Scout Sniper. “I’ve been fortunate to see all sides of multifamily and health care agency execution, which has taught me just how critical the need is for innovative approaches to these deals in the marketplace. I am looking forward to developing the unique alternatives that will be key to our growth,” Gibson said. “The team at Merchants shares my vision to lead the industry with the client’s needs first in mind.” To learn more about Merchants Capital and its services, visit www.merchantscapital.com or find Merchants Capital on Facebook, Twitter and LinkedIn.

We are thrilled to announce that Merchants Capital CEO Michael Dury has been named to the Indianapolis Business Journal’s 40 Under 40 list. This list consists of local business and professional leaders who have achieved success and excelled in their field before the age of 40. Those who have demonstrated leadership, initiative and dedication in pursuing their careers, and who are likely to continue such achievements in the future, all make up this prestigious group of recipients. Dury received his MBA from Indiana University’s Kelley School of Business and started working at Merchants Capital shortly after graduation. At just 35, Dury is one of the top loan originators nationwide. His personal loan production value is on par with some of the top lending firms in the U.S. Our CEO is a pillar in the Indianapolis community and the state as a whole. His efforts have been highly influential in the financing and creation of many notable market-rate and affordable multifamily properties around Indiana, including a recent first-of-its-kind loan to preserve and renovate affordable housing for the low-income residents of Carriage House, a Section 8 housing development in Evansville. A local powerhouse who has spent his entire career at Merchants Capital, Dury has helped grow the company from a humble team of eight to 100 employees across four offices (Carmel, New York City, St. Paul and Chicago), in addition to leading acquisitions and bringing in talent to establish those high-production locations. In September, we cut the ribbon on our $25 million, 120,000-square-foot headquarters in the City of Carmel’s Midtown district – a commitment to the long-term, sustainable growth in the state that Dury played a pivotal role in. One of his most notable triumphs was announcing that we were named No. 10 on the Top 25 U.S. Affordable Lenders of 2018 list by Affordable Housing Finance. Additionally, we have been named one of the Best Places to Work in Indiana four years in a row. Dury’s career in the Indianapolis market has been one of immense growth and leadership. From his first role overseeing a small team to helping Merchants Capital become the billion-dollar corporation it is today, he is unstoppable. Above all, his ability to build relationships with developers, keep promises to bring safe, new and affordable housing to low-income individuals around the nation, and seeing opportunity when others see obstacles separates our CEO from all others. Read his IBJ profile here. To see the full list of nominees, click here.