Capital Bank, N.A. is excited to announce Lynn Hackney as the newest member of its Board of Directors. Hackney’s extensive real estate background and demonstrated leadership skills will bring valuable expertise to the Capital Bank board.
Hackney is a well-known entrepreneur and innovator in the Washington, DC multifamily real estate industry. Currently, she serves as President of Urban Pace, the leading condominium sales and marketing firm in Washington, DC (also serving urban Maryland and Virginia). Under Hackney’s leadership, Urban Pace has set a new standard for performance in its market sector through the use of state-of-the-art digital marketing techniques. Since Hackney founded Urban Pace in 2001, the company has orchestrated the disposition of more than $1.8 billion of real estate assets comprising more than 6,000 homes.
Hackney is also active in several charitable and business organizations including serving on the Executive Committee of the District of Columbia Building Industry Association, and as a founding member of the Washington ULI (Urban Land Institute) Women’s Leadership Initiative. Hackney holds a master’s degree in business administration from Johns Hopkins University, and a bachelor’s degree in economics and finance from Virginia Commonwealth University.
“Lynn Hackney is a great addition to our team. She brings a unique combination of business savvy and ability to embrace the latest innovations in marketing technology,” says Capital Bank CEO Ed Barry. “Her knowledge of the local real estate market ensures that Capital Bank will keep its finger on the pulse of the DC area housing market and is the perfect complement to our existing board.”
Capital Bank of Maryland is continuing to forge ahead as a leading private business bank known for providing integrated banking and lending solutions to small and medium sized businesses. With more than $550 million in assets, and return on equity of 17%, more than two times their peer group, Capital Bank was recently named among the top 100 best performing community banks with assets less than $1 billion by the American Bankers Association for 2013.
“Lynn is the epitome of what Capital Bank stands for, and she will be a great fit with her entrepreneurial spirit and leadership ability,” says Barry. “We could not be more excited about her arrival.”