Post 200: Top D.C.-Area Businesses

CapitalSource Inc. / CSE

About CapitalSource Inc.

4445 Willard Ave., 12th Floor, Chevy Chase, Md. 20815
www.capitalsource.com | 800-370-9431 | Founded: 2000

Industry: Financial Services | Category: Top 100 Companies

CapitalSource last year turned itself into a real estate company, technically speaking. It converted to a real estate investment trust in September and has since built up a sizable portfolio of residential mortgage assets. The change in structure provides some tax savings and will give the company more flexibility to do larger, structured real estate transactions. For instance, earlier this year CapitalSource bought 37 skilled-nursing facilities and one assisted-living facility for $211 million and leased them back to the previous owners.
The core of the company remains its corporate lending business. The firm was started in 2000 by John Delaney and Jason Fish, and in five years has become one of the dominant players in middle-market leveraged buyout finance and specialty lending.

2007 Financial Data

Total employees: 520 | Local employees: 304

Company Leadership

Dean C. Graham President, COO
Michael C. Szwajkowski President, structured finance
Thomas A. Fink CFO
James J. Pieczynski Co-President, health-care and specialty finance
John K. Delaney Chairman and CEO

Source: S&P's Capital IQ

Dean C. Graham
President, COO
$8,345,550
Salary: $350,000
Michael C. Szwajkowski
President, structured finance
$5,883,036
Salary: $350,000
Thomas A. Fink
CFO
$5,840,818
Salary: $327,818
James J. Pieczynski
Co-President, health-care and specialty finance
$4,540,651
Salary: $272,651
John K. Delaney
Chairman and CEO
$404,400
Salary: $400,000

Did You Know

CapitalSource is a diversified corporate finance company, providing debt financing for corporate buyouts, real estate deals and other specialty debt products. The company offers 19 products, including distressed company debt investing, direct consumer finance, and health-care equipment financing.

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