• Underwrite & close bridge loans nationally including multifamily, office, retail, industrial, mixed-use, hospitality & self-storage.• Screen bridge & mezzanine loans expanding property types to co-living, student/mobile/senior housing, data centers and hotels.• Lead the complete loan process including screening new deals (sizing/pricing/structuring), negotiating business & legal terms/docs with clients, drafting term sheets, performing valuations, writing credit memos, presenting deals to committee, performing due diligence including site tours, corresponding with warehouse lenders/securitization counsel/rating agencies/CRE CLO investors and assisting portfolio management.• Created from scratch the underwriting Excel model used by the entire group to this day.• Experience with tenant buyouts, 1031 (including reverse), crowd funding, TIC structures, ground/billboard leases, collateral releases, earnouts, dark tenants, co-tenancy clauses, condo structures, easements, historical tax credits, single tenants, letter of credit collateral, preferred equity, cash flow sweeps, tenant termination options, walkaway provisions, leasing hurdles, springing structures, rate burndowns, interest rate caps, affordable housing, bankruptcy, environmental issues, zoning, air rights and hybrid fixed/floating rate notes.

• Performed underwriting of all the major commercial property types leveraging the income approach (discounted cash flows and capitalization), sales comparison approach and replacement cost approach.• Valued $2.3B of assets comprised of $641M hospitality, $58M industrial, $80M multifamily, $114M office, $56M retail and $1.3B senior housing facilities.• Assessed pro forma financials, waterfalls, intangible assets and liabilities, capital expenditures, cap rates, fair value, purchase price allocations, impairment testing and market conditions.• Analyzed a small public hotel group for a PE client looking to make a takeover bid.

• Analyzed real estate in the $40B Lehman Estate including funding needs and property decisions.• Advised a European bank on a $3.8B real estate portfolio including lodging, multifamily, office and retail.• Performed buy-side due diligence for a special situations hedge fund on a $650M real estate mortgage portfolio of a regional bank with a focus on collateral sufficiency to support refinancing and potential shortfalls.• Analyzed commercial real estate portfolios focusing on cash flows, comparable transactions, collateral values, capital structures, funding needs and recovery scenarios. Undertook property level due diligence concentrating on NOI, capital expenditures, cap rates and market conditions.• Forecasted cash shortfalls for Residential Capital’s $450B mortgage servicing portfolio.