David Beatty

David Beatty became a director upon completion of the initial public offering.
He began his 32-year career in finance and real estate development as head of marketing operations for George Kaufman real estate development group in 1972.
He was a founder of Essex Commercial Mortgage in 1987 and founder and President of CENIT Commercial Mortgage Corp.
in 1990.
In 2001, he founded TowneBank Commercial Mortgage, LLC, where he currently serves as President.
TowneBank Commercial Mortgage specializes in placing debt and equity for the lodging industry.
He has been President of Guest Quarters, Inc., Treasurer and CFO of Guest Quarters Development Group and President of mortgage financing for Lawson-Essex, Inc. He holds a B.A.
in Economics from Georgetown University and an M.B.A.
in Finance and Marketing from the Colgate Darden Graduate Business School at the University of Virginia.