NJBIA Names John Beacham 2020 Executive of the Year
The New Jersey Business & Industry Association is proud to present the 2020 Awards for Excellence to four executives and 16 companies who have improved the quality of life in New Jersey in outstanding ways.
Executive of the Year
John Beacham, Founder and CEO, Toorak Capital Partners,
It wasn’t all that long ago when real estate investors were challenged to find affordable financing for single- and multi-family rental properties, mixed-use space, and residential bridge loans.
So in 2016, John Beacham founded Toorak Capital Partners for the main purpose of linking small balance mortgage originators with institutional capital. Since then, Toorak Capital, based in Summit, has provided more than $3.1 billion in loan funding to date through the acquisition of nearly 10,000 loans in 46 states.
By partnering with nearly 50 loan originators around the US, projects funded by Toorak Capital partners have renovated or stabilized housing for more than 9,000 families.
Highly regarded throughout his 20-year career in real estate finance, Beacham is known for inspiring his team on the path to expanding new products. Team Toorak, under Beacham’s leadership, continues to see lenders grow their businesses with high credit standards and low loss rates, while real estate investors establish their properties and flourish.