Darren Hefez Email & Phone Number

Boston, Massachusetts, United States

Boston, Massachusetts, United States

Boston, Massachusetts

Key Highlights:Individually manage largest commercial portfolio at the Bank based on loan volume and dollar value (UPB).Responsibilities:Provide direct oversight and asset management for CRE loan acquisitions and originations (conventional, bridge, participated, and government guaranteed - SBA). Objective is to maximize returns and minimize losses for the subject credits.Conduct debt restructures, modifications, and extensions; in depth written asset reviews; credit underwriting; cash flow modeling; risk rating assessments; financial analysis for real estate collateral, operating companies, tenants, and corporate and personal sponsors.Ensure minimal delinquencies and strong borrower repayment ability; review loan structure; monitor covenant performance and compliance; calculate payoffs and prepayment penalties; and complete capital and reserve draws.Monitor collateral coverage, valuations, property leases and occupancy/stats, taxes, insurance, and perform site inspections for various asset types/classes.Work closely with senior management and loan investment committee. Serve as manager and mentor to analysts on Asset Management team.Interact directly with borrowers (and borrower team) and management companies, along with several in-house departments: legal/outside counsel, loan servicing, RE group, accounting, and credit risk management, etc, on a daily basis.Assisted, underwrote, and approved first and second round of PPP loan applications under the SBA CARES Act (11th largest round 2 PPP lender in dollar volume in the country).

Boston, Massachusetts

Boston, Massachusetts

Boston Financial is a national leader in the Low-Income Housing Tax Credit (LIHTC) industry, operating in syndication services as well as asset and portfolio management.Acted as lead reporting analyst for the Investment Management Resource Team with primary objective of supporting the Asset Management Department. Additionally managed a team of 10-12 contractors to assist with QE & YE reporting.Reviewed and analyzed budgeted and actual property level financial statements on a monthly, quarterly, and annual basis from company portfolio.Partnered with Stabilized and Development Risk Asset Managers to evaluate operating performance of various properties.Worked with Acquisitions Dept to review UW models and equity documents on newly acquired deals and present the Development Risk Team with an analysis of the same.Assisted Capital Transactions with the review of dispositions, loan refinances, debt documents, identification of key debt restrictions, and analysis on terminal debt projections.Applied payments toward Asset Management Fees and Surplus Cash/Waterfall distributions for all properties.Participated in compliance and internal audit related activities; evaluated team processes and applications to resolve inefficiencies and improve workflow.Presented senior management with corporate reports and key information on multiple ongoing projects and requests.

Waltham, Ma

Credit Quality Analyst and Document Administrator II roles were positioned within the Fulfillment Team to handle credit review, analysis, risk assessment, documentation, and closing functions for commercial based (secured) loans as assigned by Market Leaders. Additionally, interfaced with company vendors, legal counsel, business partners, and clients.

Waltham, Ma

Brockton, Massachusetts

Worked at HarborOne Stock Information Center analyzing and processing data; stock orders and allocation; and financial tasks to assist Sandler, O’Neill + Partners L.P. in the minority public offering of HarborOne.

Undergraduate, Finance

Minor, Accounting