Plano-based Legacy Capital announced the appointment of a new CEO and president this month: Jerry Abrahams.
Abrahams comes to Legacy Capital with 30 years of financial services experience in mortgages for multifamily commercial real estate, banking and investment banking.
“The addition of Jerry to our Legacy Capital team reflects the company’s continued commitment to the growth and success of this business,” said John Everett, chair of the Board of Directors at Legacy Capital. “Legacy Capital is an important part of our vision to better serve our multi-family customers. Legacy Bank and Trust is a leader in construction and permanent lending for affordable and market rate borrowers, and Legacy Capital provides additional financing capabilities for our customers. Jerry will help us realize this vision.”
Abrahams’ resume includes 10 years at Citi and administrative and C-suite positions at Boston Financial Investment Management, ORIX USA Corporation, ORIX Commercial Mortgage Servicing and, most recently, as head of corporate strategy of Legacy Bank and Trust, the sister company to Legacy Capital.
Legacy Capital is a community development financial institution that provides multifamily development and refinancing loans. The company’s headquarters are located at 437 Coit Road near North Texas Food Bank in West Plano.