Real Estate Banking/Fund Manager with Investment Management, Risk Management, Capital Markets, and Origination experience. Successful career in Hedge Fund investing, Banking, and Property Development. Expertise includes the successful restructuring and disposition of a portfolio of $3 Billion of non-performing assets and origination of a multi-billion dollar portfolio of loan assets for a major multinational bank. Transactional experience in the United States, Asia, Australia and Europe. Expertise in Special Situation acquisitions and dispositions.
SBZ SELECT INVESTMENTS, LLC, Greenwich, CT 2008 ? 2010
Real Estate Investments
? Invest for this Hedge Fund in distressed and value investments in real estate and corporate securities.
? Special Situation/Alternative Investments and Restructuring/Workouts.
? Developed strategies to invest in distressed assets, REIT equities and bonds, senior and subordinate bank mortgage loans, cmbs, and franchise finance securities.
CIT CAPITAL MARKETS, New York, NY 2006 ? 2008
Managing Director, Real Estate Capital Markets
? Responsible for structuring and pricing commercial mortgage loans for sale to institutional and fund investors, and sourcing/acquiring senior and subordinated loans for CIT?s Commercial Real Estate portfolio. Annual production approximately $250,000,000.
? Responsible for directing workouts of syndicated real estate loans. Directed the Credit/Agency team in the successful restructure/repayment of a $700 Million syndicated credit facility.
GE CAPITAL MARKETS GROUP, INC., New York, NY 2000 - 2006
Senior Vice President, Real Estate Capital Markets Team Leader
? Syndications Leader in charge of a team of professionals for commercial mortgage loan structuring, pricing and sales. Sold over $ 2.5 Billion in pari passu, subordinated, and distressed loans to foreign and domestic institutional investors.
? Managed the warehousing and sale of all B-Note and Mezz loans in floating and fixed rate loans.
? Sourced $500 Million in commercial mortgage loans for the internal portfolio and an affiliated joint venture fund.
FIELD HOTEL ASSOCIATES, King of Prussia, PA 1999
E.V.P. ? Finance
? Responsible for directing the finance functions of this private hotel owner-operator with properties in New York and Pennsylvania. Annual revenues over $ 75 Million. Handled all creditor negotiations and developed new capital sources. Refinanced existing properties, and arranged $75 Million project finance for new JFK-area hotel.
BANQUE INDOSUEZ, New York, NY 1989 1997
First Vice President, Manager of Real Estate and Commercial Banking Departments
? Member of the Management and Credit Committees for Indosuez North America.
? Managed key components of the Bank?s P & L in North America including Equity and Debt Platforms.
? Directed all Commercial Banking Workout/Restructuring Activities from 1991-1997, including Real Estate, Energy, HealthCare, Corporate Lending, and Commodities/Trade Finance. Total Portfolio $ 3 Billion. Coordinated all Troubled Asset interaction and discussions with Bank Regulators and External Auditors.
? Managing Board Director (1993 1996) and Chief Executive of IPNA 2 N.V. and IPNA 3 N.V., equity funds based in Amsterdam, the Netherlands which owned commercial properties in the U.S.
? President and chief executive of several affiliate entities involved in direct commercial Real Estate investments in Retail, Office, and Hotel activities on behalf of third-party clients and the Bank. This included directing all Asset Management and Property Management functions of over 1,000 rooms and 1 Million square feet.
SOCIETE GENERALE, New York, NY 1987 1989
Vice President, Real Estate Finance
? Responsible for developing Real Estate debt originations and building relationships with developers and institutional finance sources. Doubled the size of the existing portfolio to approximately $ 500 MM.
? Managed Real Estate loan Workouts, including restructuring of an affiliated bank loan portfolio (European-American Bank) of over $1 Billion.
THE CHASE MANHATTAN BANK 1979 1987
New York, NY (1986-1987)
Vice President, Real Estate Investment Banking
? Arranged loan syndications exceeding $ 1 billion with institutional investors for national clients, including construction loans, permanent loans, revolving credits and mortgage warehousing lines. Investors included large institutional investors, including multinational banks and insurance companies.
Sydney, NSW, AUSTRALIA (1983-1986) Vice President & Regional Representative
? Represented Chase Manhattan in multiple functions in Australia and New Zealand. Managed a multi-billion dollar portfolio of Project Finance and Corporate Finance relationships. Arranged over $ 750 Million in successful project financings in Energy, Minerals, Commodities, and Real Estate.
? Promoted to Country Representative for Chase for New Zealand, managing Credit and Capital Markets relationships with government and corporate clientele.
? Managed Workouts of troubled bank investments and Loan Syndications in Australia and New Zealand.
Team Leader & Branch Manager, Corporate Banking
? Responsible for development and expansion of multinational Corporate and Project Finance banking business in Singapore and Southeast Asia. Managed a team of local and expatriate staff in selling credit, capital markets, and information products in target markets. Arranged over $ 300 million in successful Project Finance, Export Credit financing and oil/gas related transactions.
New York, NY (1979-1980)
Assistant Treasurer -Analyst
? Credit Training and Development Program; Analyst in Global Petroleum Division.
? GARVIN SCHOOL OF INTERNATIONAL MANAGEMENT/AGSIM - THUNDERBIRD, M.B.A., 1978
? COLGATE UNIVERSITY, B.A., 1976
? Adjunct Lecturer, New York University Shack Institute of Real Estate
? NASD Series 24 Licensed Principal; Series 7 & Series 63 Licenses
? Former Board Director, Association of Foreign Investors in US Real Estate (AFIRE)
? Author of Numerous Articles in Industry Publications
? Speaker and Panelist at Industry Conferences