Cathy Mc Donough
About Cathy Mc Donough
Cathy McDonough serves as Vice President at TowneBank, specializing in real estate lending with a focus on development financing. She has extensive experience in commercial lending and works closely with real estate investors in the Hampton Roads area.
Work at TowneBank
Cathy McDonough has served as Vice President in the Real Estate Lending (RE LO) division at TowneBank since 2016. In this role, she focuses on providing lending solutions tailored to the needs of real estate investors and developers. Her responsibilities include overseeing commercial office and retail lending, with a strong emphasis on development financing. TowneBank is located at 1435 Crossways Blvd, Chesapeake, VA 23320, where McDonough contributes to the bank's commitment to supporting the real estate market in the region.
Education and Expertise
Cathy McDonough earned a Bachelor of Science degree in Health and Physical Education from Old Dominion University, where she studied from 1975 to 1981. Her academic background includes specialized studies in Real Estate Lending, A&D Lending, Construction, and Investment Property Lending. This educational foundation supports her extensive expertise in the real estate sector, particularly in working with builders and developers in Virginia and North Carolina.
Background
Cathy McDonough has a diverse professional background that spans several years in the real estate lending industry. She has developed significant experience working with builders and developers, focusing on commercial office and retail lending. Her specialization includes assisting real estate investors in the Hampton Roads area, particularly those engaged in buying, renovating, selling, and renting properties. McDonough's practical knowledge in these areas enhances her effectiveness in her current role at TowneBank.
Personal Life
Cathy McDonough recently changed her last name to McDonough as a Christmas gift to her husband, with whom she has been married for over 18 years. This personal milestone reflects her commitment to family and her desire to honor her partnership. The change in her last name is a significant aspect of her personal life, complementing her professional achievements.