Experience

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  Grandbridge Real Estate Capital

  • United States
  • Capital Markets
  • 200 - 300 Employee

  • Senior Vice President

    • Apr 2020 - Present

  • Vice President

    • Dec 1993 - Feb 2022

    For Collateral Real Estate Capital, managed portfolio of 1,000+ commercial mortgages (multi-family, manufactured housing communities, senior living projects, hotels, retail, and office) with principal balance of $5.9B. Portfolio included properties in 46 states with diverse investors such as Freddie Mac, Fannie Mae, HUD, Bank of America, J.P. Morgan, GMAC, Key Commercial, LaSalle, Lehman Brothers, Nationwide, NetBank, ORIX, Prudential and Wachovia.Led management of Fannie Mae portfolio for Grandbridge Real Estate Capital, over 670 loans with principal balance exceeding $5.4B.Oversaw the foreclosure process, special borrower requests, resolution of numerous non-monetary defaults, negotiating modification and/or workouts for loans and assumptions. Developed procedures for inspections and managed all reporting for each investor, managing a staff of 12 associates.

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  Salomon Brothers, Inc

  • Greater New York City Area

  • Real Estate Specialist

    • Jan 1992 - Dec 1993
    • Greater New York City Area

    For Salomon Brothers, Inc., managed portfolio of residential and commercial Real Estate Owned properties, reducing the portfolio by 46% for a total of $15M. Led all marketing and sales as well as direct coordination with trading desk. Reduced holding period of properties by 35% and increased profitability by 21%.

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  Gould Capital Corporation

  • Greater New York City Area

  • Vice President

    • Jan 1990 - Jul 1991
    • Greater New York City Area

    Created and marketed loan packages including market studies and cash flow analyses for lending instituations. Properties included multi-tenant office buildings, multi-family residential complexes, resorts, full-service hotels, casinos, restuarants and neighborhood retail centers. Responsible for closing 12 mortgage loans throughout the United States.Team leader for foreclosure of a portfolio of 107 properties in New York City, including office, retail, and residential buildings. Prepared analyses of the porfolio including long-term feasibility and cash flow projections.

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  EastGroup Real Estate

  • Jackson, Mississippi Area

  • Asset Manager

    • May 1984 - Dec 1988
    • Jackson, Mississippi Area

    Monitored a portfolio of REO properties obtained from mortgage foreclosures. Prepared & implemented annual budgets, business plans & financial forecasts. Recommend dispositions of foreclosed real estate & marketed the properties for sale. Responsible for daily operations of a major office building located in CBD Jackson, MS. Managed a staff of ten on-site personnel. Supervised building renovation & tenant build-out. Negotiated leases maintaining a 95% occupancy. Responsible for servicing 600 mortgages located in 30 states including multi-tenant offices, multi-family residential complexes, hotels & undeveloped land. Improved collection rate from 86% to 98% by creating & implementing standardizing collection policies. Negotiated workouts & modifications. Conducted annual property inspections & enforced mortgage covenants.