First Foundation, a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, appointed Tim Cody senior vice president and managing director of construction lending.
In his new role, Cody will help build out the construction lending offerings of First Foundation Bank. Cody will be responsible for identifying and growing construction loan relationships with both new and existing clients. He will also be responsible for assessing and structuring the terms for prospective loans.
“We are very pleased to have Tim join our team,” Robert Noble, chief lending officer of First Foundation Bank, said. “As First Foundation continues to expand across new regions, we see the importance in diversifying our offering to provide clients with a full relationship banking experience. Tim’s expertise in construction lending will complement our offering perfectly.”
Cody has more than 30 years of banking experience, with 20 of those years focused in construction and commercial real estate lending. Prior to joining First Foundation, he was the senior vice president and director of construction and CRE lending at Pacific Premier Bank, where he developed the construction loan program. He previously held roles as the vice president and manager of construction and CRE lending at Fullerton Community Bank and Orange County regional loan manager at La Jolla Bank.
He will be building out his team and is being joined by Stephanie Begody, who is a vice president and construction lending officer. She will help to grow construction loans for the bank by cultivating new and existing relationships.
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