Cheryl Renn Email and Phone Number

Provided business development, relationship management and procedural development for Jacksonville-based small business (sole proprietorship). Also performed duties related to real estate acquisition, risk management and long-range planning as well as provided accounting oversight and supervision.

Performed underwriting, portfolio and risk management duties for a lending consortium comprised of 30 Member Banks. Lending activity primarily consisted of construction/permanent loans to developers of affordable multifamily rental projects utilizing Low Income Housing Tax Credit ("LIHTC") equity. Other lending activities included loans for community development projects utilizing New Markets Tax Credit ("NMTC") equity, Small Business Administration ("SBA") loans and lines of credit for… Show more Performed underwriting, portfolio and risk management duties for a lending consortium comprised of 30 Member Banks. Lending activity primarily consisted of construction/permanent loans to developers of affordable multifamily rental projects utilizing Low Income Housing Tax Credit ("LIHTC") equity. Other lending activities included loans for community development projects utilizing New Markets Tax Credit ("NMTC") equity, Small Business Administration ("SBA") loans and lines of credit for development of single-family and multifamily for-sale housing. Evaluated financing requests and prepared formal credit approval packages including in-depth analysis of property income/expenses and project sponsorship. Prepared annual reviews, loan modifications and renewals. Monitored relationship exposure limits and reported to the Board of Directors on all matters of credit risk associated with the $100 million portfolio. Prepared or reviewed third-party underwriting for local government entities involving Home Rental, SHIP or CDFI funding. Reviewed and approved appraisals and environmental reports for closing, trained credit analysts, developed policies and procedures for underwriting and portfolio management. Provided oversight for the Access database. Show less

Managed client relationships in Community Development Banking Group, a core business unit of Commercial Real Estate Banking. Developed and implemented market strategies to cultivate new business opportunities and led the client team in delivering an array of bank services including credit facilities, derivative products, public finance executions, investment options, treasury management solutions, group banking services, and merchant card services. Evaluated client’s requests for credit… Show more Managed client relationships in Community Development Banking Group, a core business unit of Commercial Real Estate Banking. Developed and implemented market strategies to cultivate new business opportunities and led the client team in delivering an array of bank services including credit facilities, derivative products, public finance executions, investment options, treasury management solutions, group banking services, and merchant card services. Evaluated client’s requests for credit, primarily consisting of multifamily rental projects with complex financing structures involving governmental financing sources (Multifamily Mortgage Revenue Bonds, LIHTC). Interacted with government agencies, tax credit syndicators, equity investors and real estate attorneys to successfully close and manage a $300 million portfolio of credit facilities. Served as the Bank’s representative on various committees, and held board positions at local community-based organizations and lending consortia. Show less

Served as liaison to Florida Housing Finance Corporation (FHFC) under AmeriNational's contractual obligation as an Underwriter/Servicer of affordable multifamily housing developments. Underwrote real estate projects seeking funding from the Multifamily Mortgage Revenue Bond Program, State Apartment Incentive Loan Program, Federal HOME Rental Program, Pre-development Loan Program, Low Income Housing Tax Credit Program as well as the Guarantee Fund credit enhancement program for bond financed… Show more Served as liaison to Florida Housing Finance Corporation (FHFC) under AmeriNational's contractual obligation as an Underwriter/Servicer of affordable multifamily housing developments. Underwrote real estate projects seeking funding from the Multifamily Mortgage Revenue Bond Program, State Apartment Incentive Loan Program, Federal HOME Rental Program, Pre-development Loan Program, Low Income Housing Tax Credit Program as well as the Guarantee Fund credit enhancement program for bond financed projects. Developed internal policies and procedures for underwriting, compliance monitoring, financial monitoring, construction loan administration and permanent loan servicing. Trained junior underwriters and supervised all credit undrwriting activities. Show less