B2R Finance, which is backed by by Blackstone Tactical Opportunities, has hired Jason Hoggs as CEO. Hogg is a former president of American Express Serve Enterprise. B2R is a provider of residential buy-to-rent mortgages for single-family rental property investors.
NEW YORK–(BUSINESS WIRE)–B2R Finance, the leading provider of residential buy-to-rent mortgages for single-family rental (“SFR”) property investors, today announced that it has named Jason Hogg as Chief Executive Officer (CEO). Mr. Hogg brings substantial finance and technology experience to B2R, gleaned from nearly 20 years in entrepreneurial and leadership roles. In this newly created position, he will provide strategic direction to support B2R’s expansion, building out a platform of products and services that meet the demands of residential investors.
“Investors continue to focus on and target the single family rental market and B2R is uniquely positioned to meet the financing and other service needs of these investors,” said Hogg. “The company is poised for significant growth and I welcome the chance to work with B2R’s team of experienced professionals to leverage this opportunity.”
Mr. Hogg is most notable for founding the alternative payment company Revolution Money and being the first name inventor of a scalable, global platform that supports a number of businesses including Bluebird by American Express and Walmart, as well as American Express Serve. He previously served in a number of top leadership positions, including president of American Express Serve Enterprise, chief operating officer of Medsite, and chief business development officer for MBNA Canada.
“B2R is moving quickly to manage its rapid growth and maintain its first mover advantage,” said Nick Gould, Executive Chairman of B2R. “With Jason’s success turning great ideas into profitable companies, we know he will enhance stakeholder value and establish B2R as the preeminent provider of residential finance products and services.”
Mr. Hogg holds a MBA from Cornell University, where he is also a senior lecturer of entrepreneurship and innovation, and a bachelor’s degree from Colby College.
B2R is owned by funds managed by Blackstone Tactical Opportunities.
About B2R Finance
B2R Finance, America’s Buy to Rent Lender, is the leading provider of residential buy-to-rent mortgages for property investors, with offices in New York, Charlotte and Dallas. The Company offers effective and innovative lending solutions dedicated to residential rental property investors. B2R operates in partnership with the nation’s leading commercial and residential real estate experts to ensure that its loan products and customer service are in the forefront of the growing residential rental investment market. B2R can assist any size investor with a variety of lending products to enhance customer investment. Further information is available at www.b2rfinance.com or on Twitter @B2RFinance.
Blackstone’s Tactical Opportunities business employs an opportunistic, multi-asset class investment strategy focused on special situations investments and seeks to invest globally in opportunities throughout the capital structure. The strategy leverages the deep synergies and experience that exist across Blackstone’s leading alternative asset and advisory platform to generate attractive opportunities. Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with almost $300 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.