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Duscany Financial Group is a boutique commercial finance company focusing on commercial mortgage lending and acquisition of shopping centers / retail malls. Carry out key responsibilities associated with underwriting multi-family, office, retail, industrial, mixed-use, self-storage, and construction loans. Hire and train loan officers. Create and implement strategies consistent with organizational goals and objectives. Interact with conduits and life insurance companies on commercial loan placements. Develop and implement marketing campaigns to expand company presence and drive business development. Formulate processes and incentives to ensure high performance standards.Selected accomplishments:• Developed company brochure and redesigned Web site. • Designed marketing material and executed a campaign to raise assets for a hedge fund dedicated to private lending.• Responsible for all underwriting guidelines and developing lender relationships.
Duscany Financial Group
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Executive Vice PresidentDuscany Financial Group
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Managing DirectorEmpire Equity Group 2005 - 2006Empire Equity is a full service broker specializing in FHA/VA streamline refinancing, first and second mortgages, conventional refinancing, debt consolidation loans, commercial and investment property funding and construction/rehabilitation loans.Directed the day-to-day operations of offices in New Jersey, New York, California, and Georgia, with responsibility for coordinating strategic planning and business development. Developed and facilitated training procedures for all loan officers. Selected accomplishments:• Slashed overhead costs 40% by closing non-performing offices and divisions.• Restructured compensation plans for managers and loan officers.• Utilized telemarketing and direct mail sources to generate revenues.• Streamlined accounting procedures to ensure that loan officers were paid on time and invoices were paid only once. -
Branch Manager And Vp Of Business DevelopmentFairmont Funding 2003 - 2005Fairmont Funding, Ltd. is a Fairmont Group subsidiary and mortgage lending company offering a broad range of residential and commercial loans.Directed a team of sales professionals responsible for marketing and selling wholesale and retail loans. Ensured understanding and adherence to policies and procedures throughout new branch offices. Recruited and trained loan officers. Hired and developed new sales personnel. Coordinated and facilitated company sales meetings. Negotiated leases for office space.Selected accomplishments:• Developed “hard money” lending streams by networking with foreclosure attorneys and CPAs, resulting in an increase in loan originations and a pool of end loans.• Designed and furnished new office space for expansion.
Steven Lax Skills
Frequently Asked Questions about Steven Lax
What company does Steven Lax work for?
Steven Lax works for Duscany Financial Group
What is Steven Lax's role at the current company?
Steven Lax's current role is Executive Vice President at Duscany Financial Group.
What is Steven Lax's email address?
Steven Lax's email address is steven.lax@gs.com
What is Steven Lax's direct phone number?
Steven Lax's direct phone number is +121290*****
What skills is Steven Lax known for?
Steven Lax has skills like Autosys, Sybase, Solaris, Disaster Recovery, Perl, Unix Shell Scripting, Unix, Data Center, Linux, Integration, Aix, Shell Scripting.
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