Bethesda, MD, July 2, 2019 –
Phillips Realty Capital announced that it has hired Malcolm Shaw as a managing director in its Bethesda, Maryland headquarters. He will be part of the production team, structuring debt and equity financing for the privately-owned mortgage banking firm’s commercial real estate clients.
Prior to joining PRC, Shaw served as a director at Ladder Capital Corp where he was responsible for the origination of both balance sheet and fixed rate securitized loans.
Mr. Shaw started June 3, 2019 and reports to David C. Foulk, principal.
“We’re thrilled to have attracted Malcolm away from Manhattan to join our team in the Washington Metropolitan Area,” Foulk said. “As we continue to embark on our growth strategy, Malcolm brings great experience to our team. He’s been immersed in the capital markets and brings fresh perspective from the investor side of the industry. He also exemplifies the work ethic and personal commitment that continue to be hallmarks of Phillips Realty Capital’s reputation.”
Talking about joining the firm, Shaw said, “This is a really exciting time in the history of Phillips. I am at a point in my career where I know I can add real value as we pursue growth opportunities in different markets. I see how clients benefit from working with a firm that still operates like a family-run business, and I am proud to be a part of the next generation of Phillips Realty Capital.”