NASHVILLE, Tenn., Nov. 29, 2016 (GLOBE NEWSWIRE) -- CapStar Bank (NASDAQ:CSTR) has expanded its credit production capacity by adding a team that specializes in financing for owners or purchasers of properties with triple-net lease agreements with investment grade tenants. Chris Barham of Carmel, Ind., has been hired to lead CapStar Tri-Net Funding for the bank. He will be joined by Joyce Crowder, a 14-year banking veteran who will assist with the administration associated with closing the loans. “Chris and his team will broaden the capacity of our Commercial Real Estate lending, enabling CapStar to originate loans for property owners who have long-term net leases with investment grade tenants,” said Dan W. Hogan, CapStar Bank CEO.
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Barham’s banking 30-year banking career is extensive. He was most recently Senior Vice President and Founder of TriNet Direct in Carmel, Indiana. Barham is a Cum Laude graduate of Butler University in Indianapolis with a degree in Business Administration. He also earned a graduate degree in Finance from the Bank Administration Institute’s Graduate School of Banking at the University of Wisconsin and Vanderbilt University. Barham said, “Joyce and I are pleased to join the growing CapStar family, and we appreciate CapStar’s commitment to establishing us as a leader in the national net lease income property lending community.” At present, Barham and Crowder will continue to operate from Carmel, Ind.
CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee, and operates primarily through its wholly owned subsidiary, CapStar Bank, a Tennessee-chartered state bank.
Certain statements in this press release are forward-looking statements that reflect CapStar’s current views with respect to, among other things, future events and CapStar’s financial performance. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “project,” “projection,” “forecast,” “goal,” “target,” “would,” and “outlook,” or the negative version of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections about CapStar’s industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond CapStar’s control. The inclusion of these forward-looking statements should not be regarded as a representation by CapStar or any other person that such expectations, estimates and projections will be achieved. Accordingly, CapStar cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although CapStar believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward- looking statements. There are or will be important factors that could cause CapStar’s actual results to differ materially from those indicated in these forward-looking statements, including, but are not limited to, the risk factors previously disclosed in the “Risk Factors” section included in CapStar’s prospectus filed with the SEC on September 23, 2016 pursuant to Rule 424(b)(4) under the Securities Act. If one or more events related to these or other risks or uncertainties materialize, or if CapStar’s underlying assumptions prove to be incorrect, actual results may differ materially from our forward-looking statements. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this press release, and CapStar does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for CapStar to predict their occurrence or how they will affect CapStar.
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Source:CapStar Financial Holdings, Inc.