Jon Winick Email & Phone Number

Chicago, Il, Us

Clark Street Capital is a full-service bank advisory and asset disposition firm specializing in loan sales, loan due diligence and valuation, and specialty asset management. Managed by seasoned professionals with extensive “buy-side” experience, Clark Street Capital offers intrinsic knowledge and expertise on a wide range of assets from bank portfolio loans to securitized assets.Our primary business is the sale of complex loan portfolios and single relationships. The Bank Asset Network ("The BAN") is a proprietary loan sale platform leveraging the largest database of buyers and sellers in the industry, a superior understanding of our portfolios, and a best-in-class sales process. Recently, we launched the Accelerated BAN, which allows us to close loan sales in as little as two weeks!Additionally, we provide due diligence and valuation of loan portfolios, and contract management of loan portfolios. Our clients are predominantly community and regional banks that embrace our customized product offering. On many of our offerings, we complete deals that no other loan sale advisor could entertain. We are proud to be a contractor for the FDIC as well. Our expertise includes all aspects of consumer and commercial loan portfolios, ranging from performing loans sold at a premium to par to portfolios of mixed credit quality. Areas of expertise include loans on Multi-Family, Office, Hospitality, Senior Housing, CRE, as well as 1-4 1st mortgages, HELOCs, indirect auto, RV, and marine loans, and charge offs. If you want us to provide a confidential review of a portfolio or a single relationship, don’t hesitate to call!The Company was founded in 2008 by Jon Winick. Since its founding, the Company has underwritten, valued, and or sold several billions in assets.

Chicago, Illinois, Us

After serving as Chairman of the Board on two occassions over an approximate 14-year period, I am now Chairman Emeritus, Director, and Chair of the Compensation Committee. The Company recently finished its most successful year of originations in its history and I continue to be its biggest cheerleader and advocate for the important work its does for the City of Chicago and the State of Illinois.

Chicago, Illinois, Us

SomerCor is one of the largest non-profit SBA lenders in the Midwest and consistently ranks in the top 15 of CDCs nationwide. We are a mission-based, nonprofit corporation certified by the Small Business Administration. Our mission is accomplished through SBA loans in partnership with lenders, and through the administration of grant funds through economic development organizations.Since 1992, SomerCor has deployed $1.65 billion in SBA loans to 3,696 businesses in 1,649 communities, leading to the creation of 45,774 jobs throughout Illinois. SomerCor also administers small business grants on behalf of the City of Chicago to promote new economic development in underserved neighborhoods. Between the Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF), more than $123 million has been invested back into the community.

Beginning in 2004, my partner and I acquired and stabilized a distressed student housing portfolio in one of the best student housing markets in the country featuring a favorable tax and pro-landlord environment, strong growth prospects, low unemployment, and significant barriers to entry. In June 2017, I exited the business, achieving a double-digit after-tax IRR, which well-exceeded the S&P 500 and other indices. I expect to redeploy the capital within the next 24 months.

Salt Lake City, Utah, Us

Mr. Winick was National Marketing Director for Zions Bank, a $53 billion bank headquartered in Salt Lake City. Working for the Zions National Real Estate division, a wholesale acquirer of commercial real estate mortgages primarily from financial institutions, Mr. Winick was responsible for acquisitions in the Midwest and national marketing efforts. In 2007, Zions National Real Estate funded over 1,400 transactions totaling $1.3 billion in new originations.

Norwalk, Ct, Us

Mr. Winick served as Vice President at GE Capital from 2000-2003. Jon created a syndication platform to sell whole real estate loans originated by a nationwide lending team to leading institutional buyers, which was the first group at GE to sell real estate loans.

Mba

Education record

B.A., History