Synovus Enters Senior Housing Finance Field

Synovus, a bank holding company in Columbus, Ga., has created a Senior Housing Group to serve the financing needs of owners of such properties as convalescent and assisted-living care facilities and nursing homes. William E. Shine joins Synovus as director of corporate banking for specialized healthcare lending.

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Most recently he was executive vice president and manager of the seniors housing and healthcare finance group at Capmark Finance Inc.

Other members of the team, all of whom are also previously worked at Capmark, are Sarah S. Duggan; Malana C. Bryant; John W. Tyson; and Donna C. Phillips.

Curtis Perry, Synovus, chief commercial officer, said this business fits with the commercial banking growth efforts. "This group is well known in this business segment for their deep knowledge and understanding of the needs" of these property owners, Perry said. "With this group in place, we are confident Synovus will quickly become the senior housing lender of choice in the southeast."


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