Frank Luzzi Email & Phone Number

New York, NY, US

US

Tokyo, JP

Greenwich, Connecticut, US

Serve as primary customer liaison for closings, funding and disbursements. Develop positive working relationships with internal and external stakeholders, including origination, sales, finance, servicing, underwriting, capital providers, property owners, attorneys, engineers, vendors and contractorsCoordinate as needed with all parties involved in the.

US

• Prepare sources and uses statement for CMBS and balance sheet closings by reviewing ASR and Credit Memo’s.
• Work with deal teams, external counsel and third party vendors to collect all invoices due at closing.
• Communicate with external and internal counsel to ensure closing docs are accurate and correct.
• Manage the expectations of internal groups on timing of closings and when to transfer capital.
• Prepare closed loans to be warehoused onto multiple warehouse lines.
• Ensure all custodial docs are sent to the custodian in a timely manner.

Purchase, New York, US

• Execute all day-to-day loan servicing and collection activities for each real estate lending product. This includes completing member requests, research, delinquency monitoring and all collection activities.
• Closely monitor delinquency including compiling frequent updates on internally and externally serviced loans, evaluating financial impact to the Credit Union, and providing weekly updates to Management.
• Process all requests for modifications and workout. This includes gathering and reviewing all documents, evaluating collateral, evaluating cash flow and ability to pay, recommending action to Management, coordinating.
• Accurate and timely completion of all analysis and reporting needs.
• Continually track and analyze all market activity to assess collateral value and conduct alternate analysis/estimates as needed. This includes ongoing testing of the impact of current valuations to the existing.
• Identifies and implements process improvements to streamline operations and maintain adequate controls across the organization.

New York, NY, US

• Perform post-closing QC of loan documents and settlement process
• Coordinate delivery of original loan documents to third party custodians and servicers
• Monitor loan cash management including lock boxes on a daily basis
• Review monthly cash flow waterfalls
• Review and approve monthly servicer and remittance reports
• Coordinate the delivery and transfer of loans onto FirstKey’s warehouse lending facilities

• Assistant Business Manager overseeing the operations for the Commercial Real Estate Finance group in Connecticut as well as satellite offices
• Support more than 30 professionals including Managing Directors, senior and junior loan originators underwriting staff and analysts
• Participate in all rate lock calls with borrower, originator and trade desk
• Prepare funding packages for all closings and send to operations and servicer
• Organize and deliver all documents relating to loan originations and assignments to accountants, rating agencies, B-piece Investors, sub-debt buyers and syndicate bank groups for both fixed-rate and floating-rate loan.
• Assist in troubleshooting all IT hardware and software issues including vendor negotiations.

Zurich, CH

• Verified borrowing requests, loan renewals, term rates, margin changes, calculation and billing of commitment, unutilized, letter of credit and breakage fees
• Monitored and assist in rectifying cash breaks
• Worked closely with secondary loan trading, agency services, finance and operations on daily activities
• Identified procedural efficiencies while training and supporting new and existing team members

Gogarburn, GB

• Communicated daily with residential and commercial trade desks to execute new trades
• Performed daily trade and position reconciliations to ensure previous day trades were executed correctly along with examining any clearing differences of trades
• Coordinated with internal groups and external third parties to obtain necessary documentation to settle trades and disburse funds accordingly
• Prepared inventory for product securitization to third party lenders

Boston, MA, US

• Responsible for administration of a $543 MM loan portfolio, ensured timely and accurate disbursement and collection of funds from 60 commercial finance, communication and healthcare customers
• Updated borrowing base and daily collateral activity for assigned accounts, validated the accuracy of customer documentation, reviewed collateral positions, investigated early signs of deterioration and assisted the.
• Performed loan administration activities related to participant settlements, letters of credit, set-up and settlement of LIBOR loans, customer monthly billing, monthly statement preparation and distribution

• Solicited financial services to executives of Fortune 1000 companies while managing pipeline
• Responsible for one-third of company's funding while managing profit margins for daily business
• Developed and maintained marketing materials for departure program and managed all sales asp