David Silver Email & Phone Number

Sourced, underwrote, performed due diligence, and arranged financing for property acquisitions.Developed and implemented commercial real estate loan workout plans and monitored loans on watch list.Managed a loan portfolio and evaluated loans to determine a disposition/hold strategy to minimize risk and achieve the greatest profit. Conducted due diligence reviews of real estate portfolios and loan portfolios.Examined loan files to determine if lending practices were in compliance with lending policies, if collateral was sufficient, if loan documentation was adequate and if the borrower had the financial ability to repay the loan.Audited national financial institution's foreclosed property files for OCC compliance.Traced funds from loans looking for fraud through bribery, kickbacks and diversion. Provided litigation support to Special Counsel in building cases for public hearings.Underwrote over $1 billion of commercial real estate loans for conduits, Fannie Mae, institutional investors and RTC seller financing, which included loan portfolios, conventional and LIHTC multifamily residential, office, single family subdivision, warehouse, retail, hotel, golf course and land.Originated permanent fixed rate loans and floating rate bridge loans, which included creating relationships with clients, negotiating terms, structuring loans, and monitoring loan and property performance.Managed and closed seven CMBS transactions exceeding $1.4 billion in collateral value, which included coordinating rating agencies, partners, investors, counsel, underwriters, trustees, servicers, and accountants. Negotiated to achieve optimal execution while minimizing risk to company.Managed financial aspects of development projects and a real estate investment portfolio.Coordinated financing, design and marketing of a two million square foot mixed use project. Directed design consultants and engineers to ensure an efficient and functional project.Specialties: Designed underwriting models and investor summaries for commercial and multifamily properties. Designed computer programs for monitoring and controlling energy costs and calculating rent escalations and pass-throughs.Designed customized financial models for retail, office, residential and hotel ventures, which project cash flow from development through completion and a ten-year holding period.

Listed skills include Real Estate Investment, Bridge Loans, Underwriting, Commercial Mortgages, and 28 others.

• Executive Vice President

  Silver Realty Advisors

  2006 - Present