Advisor and counselor to borrowers and lenders in resolving asset management issues and problem loans

Advisor and counselor to borrowers and lenders in resolving problem assets.

RSM McGladrey, Inc; Project Manager● Project Manager ● Phase I Preplanning, ● Completed Contracts & Leases Terminations and Repudiations ● Pre-closing strategic planning and post-closing asset management ● Expertise in Commercial Real Estate, Commercial & Residential Construction lending, Unfunded Commitments, Subsidiaries and Syndications.● Worked in conjunction with the staff to ensure the completion of all tasks and compliance. ● Manage initial staff of 12 employees and 8 former bank employees involved in the gathering, sorting, and reviewing of all loans, contracts, leases and letters of credit and any and all other assets owned by the failed bank.● In close association with the Operations Asset Manager, oversaw the completion of reporting requirements ● Developed a Business Management Plan used for monitoring the disposition of loan assets, bank assets, contracts, leases, letters of credit and assets as may be required. ● Initiated the use of the Asset Management Disposition Plan (AMDP) in the initial file review. ● Oversight of all real estate, commercial, and consumer loans. ● Managed the disposition of OREO and remaining FF&E.

Management and resolution of underperforming construction and commerciaql real estate loans for financial institutions and borrowers.● Responsible for the restructure, resolution and disposition of non-performing commercial, acquisition, development and construction real estate and asset based loans.● Consultant services for real estate lenders and borrowers.

Asset Management and asset disposition of single tenant net leased properties and convenience store gas stations nationally.● Responsible for the analysis, negotiations and resolution of distressed and delinquent assets. Negotiations included bankruptcy, pre and post bankruptcy issues, cash collateral issues and reorganization plans. ● Responsible for the management, marketing and sale of vacant REO and company owned assets. Assets included single tenant net leased properties.

RTC asset management contractor managing $1.7 billion of underperforming savings and loan assets.● Directed Division Managers and 48 person staff responsible for the management of a $1.7 Billion non-performing savings and loan real estate loan portfolio.● Member of Resolution Trust Corporation SWAT Team. Major multi-institution default and litigation resolution team. ● Described by management as results oriented, extremely knowledgeable and effective communicator.Merabank, FSB; Contract Department Manager● Retained by RTC as contractor managing institution’s special asset department overseeing the workout staff of the Savings & Loan until RTC conservatashkip.● Member of Senior Loan Committee