Experience

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  Nuvision Federal Credit Union

  • United States
  • Banking
  • 300 - 400 Employee

  • Senior Special Assets and Commercial Lending Officer

    • Jan 2022 - Oct 2023

    Retired as of October 2023

  • Senior Commercial Underwriter

    • Jan 2018 - Dec 2021

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  Financial Partners Credit Union

  • Greater Los Angeles Area

  • Vice President, Commercial Lending & Business Banking

    • Apr 2017 - Oct 2017
    • Greater Los Angeles Area

    Responsible for the Commercial Lending Department including loan origination, pricing/program review and recommendations, processing, documentation, underwriting, asset management, reporting, loan committee presentations, in-participation and out-participations, regulatory compliance examinations, audits, third party portfolio reviews, identification/use of external contractors, hiring and evaluation of staff, risk ratings, reserve estimations, and development/revision/implementation of strategic plan, budget, policies, guidelines, and templates.• Generated annualized origination pace of $90 million per year with small CRE loans and significant out-participations.• Managed regulatory examination, external audit, and third-party portfolio reviews; received highly positive results.• Resolved material loan review backlog.• Handled problem loans and established necessary reserves.

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  California Credit Union

  • Greater Los Angeles Area

  • Senior Vice President, Commercial Lending

    • 2009 - 2017
    • Greater Los Angeles Area

    Hired to resolve problem loan issues associated with a large, nationwide CRE loan portfolio. Addressed concerns of regulators, senior management, Board of Directors, and loan participants. Progressively become responsible for the entire CRE department.• Created special assets department and oversaw dramatic reduction in number of problem loans, loan reserves, delinquencies, and REOs. • Effectively dealt with challenges associated with very diverse property types in a nationwide portfolio having an extensive number of participants (up to ten per loan) as well as a Master Loan Agreement that required a high degree of consensus. • Developed and implemented comprehensive policies and procedures, adding needed structure, oversight, efficiencies, and automation. • Thrived in face of frequent, comprehensive regulatory scrutiny and third-party reviews. • Took responsibility for the CRE Asset Management department in 2012 and the Servicing department in 2013, thereby taking charge of the consolidated CRE department. Obtained consistent, highly positive regulatory examination results during resolution of problem loan issues, leading to support of regulators, senior management, and Board of Directors in re-establishing a CRE loan program. Regulatory and third-party portfolio reviews during this origination period were all positive.• Implemented new, Southern California-focused CRE loan program in 2013 after no CRE loans were originated between 2009 and 2012. • Joined loan committee (with veto authority) at request of regulators.• Achieved steady growth in CRE program. Calendar year 2016 loan activity included closings of $115 million in CRE loans in which CCU was lead lender, purchases of $13 million in CRE loans originated by other lenders, and participation sales for almost all production. • Initiated non-recourse lending program (with carve-out guarantees) in 2016, following new NCUA regulations and resulting in ongoing new source of business.

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  Capmark Financial Group Inc.

  • Senior Vice President

    • 1999 - 2009

    Provided underwriting and intensive portfolio asset management and surveillance services for debt investments (whole loans, B-notes, mezzanine loans, participations, and credit tenant leases). Demonstrated leadership, team building, and teamwork skills. Oversaw servicers and special servicers. Effectively guided actions and negotiations. Minimized liabilities and maximized recoveries for investors. Achieved best possible resolutions and real estate loan workouts.• Managed loan surveillance process on CDOs and funds to proactively identify potential problems and preferred courses of action. • Took swift, anticipatory actions to protect investments. o Considered pre-negotiation agreements, note sales, forbearances, modifications, foreclosures, property sales, receivers, guarantor recovery, and SPEs. • Addressed complicated debt structures. o Managed large number of loans on non-stabilized properties. o Effectively worked out numerous failed performance hurdles and actual or anticipated balloon defaults.• Managed sizable portfolio of office, industrial, retail, apartment, hotel, condo, land, and golf loans. • Spearheaded proprietary loan surveillance software revisions to improve functionality and productivity.• Prepared or reviewed individually or as part of team, underwriting or screening on over $2.5 billion in debt; investments were added to CDOs/funds, increasing fee revenue. • Completed $5 billion in loan underwriting for CMBS “B” piece acquisitions, resulting in additional fee revenue.

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  California State University, Fullerton

  • Adjunct Professor

    • 2000 - 2006

    Taught evening, semester-long commercial real estate investment analysis and principles courses to undergraduate-level and graduate-level students. Achieved high student ratings for expertise.

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  American Realty Advisors

  • Assistant Vice President - Asset Management

    • 1995 - 1999

    Provided high-quality, hands-on asset management for varied institutional real estate properties. Conducted and coordinated due diligence for nationwide acquisitions of institutional quality properties.

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  Pacific West Realty Associates

  • President/Owner

    • 1997 - 1998

    Provided diverse real estate consulting services to American Realty Advisors.

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  The Hanford/Healy Companies

  • Project Manager

    • 1991 - 1995

    Completed high volume of comprehensive narrative appraisals of institutional quality real estate.

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  Kenneth Leventhal & Company

  • Manager

    • 1984 - 1991

    Managed and conducted consulting engagements: property and portfolio appraisals, litigation support work, feasibility studies, organization/operations improvement projects, due diligence services, and market studies. Kenneth Leventhal & Company merged with Ernst & Young in 6/95.

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  Harold Davidson & Associates, Inc.

  • Research Associate

    • 1984 - 1984

    Prepared numerous real estate appraisal reports.