Michael Gaffney Email & Phone Number

Washington, Dc, Us

Bethesda, Maryland, Us

Responsible for leading the capital markets efforts for the Company focusing on raising debt and equity capital for new projects. Also responsible for overseeing the Accounting, IT, Human Resources, and Property Management divisions.

Bethesda, Maryland, Us

Assisted real estate owners and developers in understanding complex issues impacting secured financing and assisted in raising debt and equity capital for development projects. Projects included expert witness testimony, equity recapitalization and secured debt refinancing.

Member of the Executive team. Responsible for formulating and executing portfolio strategy and the capitalization of the company including raising debt and equity capital.Worked with the CEO and CFO to formulate the strategy to transition WPG to an independent company after its spin-off from Simon Property GroupOversaw the acquisition and financing of Glimcher Realty Trust, a $4.3 Billion retail REIT which combined with Washington Prime Group to become WP Glimcher.Developed and implemented WPG’s corporate investment strategyEstablished and maintained company relationships with major Rating Agencies, unsecured bond holders and a twenty-two institution bank groupDeveloped and managed the Company’s annual capital markets budget

Indianapolis, In, Us

Responsible for managing $21 billion secured debt portfolio Managed approximately 25 strategic lender relationships Managed internal underwriters and the loan diligence processNegotiated term sheets and loan documents for construction and permanent loansClosed over 50 loans totaling $8 billion of secured debt during tenure - Average loan size was approximately $150 MM

Us

Managed $7.4 billion secured debt portfolio and responsible for the Company’s unsecured credit facilityManaged a team responsible for the closing of over $6.7 billion in financing in 28 transactions. Coordinated the workout and repayment of the Mills corporate credit facility through the successful sale of the Company to a joint venture between Simon Property Group and Farallon Capital in 2007.

Birmingham, Al, Us

Opened the Washington loan-production office for Compass Bank, Birmingham, Alabama. Developed a market-wide calling program utilizing local brokers, bank syndication desks and local developers to generate new loan volume. Underwrote and presented new loan requests to Compass Bank Senior Loan Committee. Originated $39 million in new financings including hotel, multifamily and retail assets

Charlotte, Nc, Us

Responsible for managing a $20 million loan portfolio focusing on multi-family construction and redevelopment loans. Execution strategy focused on originating acquisition and construction loans to proven developers seeking value-add opportunities in nascent markets.

Mclean, Va, Us

Worked with the Director of Asset Management to develop and implement Freddie Mac’s nationwide multifamily REO seller financing program. Program was designed to stabilize asset values by reducing the number of all-cash sales in markets where institutional lenders were not active. Coordinated with asset sale team and local brokers to identify and qualify purchasers.Also negotiated loan modifications and extensions and coordinated note sales and foreclosures for a portfolio of up to 48 performing and non-performing mortgages.

Bethesda, Maryland, Us

Responsible for underwriting commercial mortgages for properties in the Washington Metropolitan market. Property types analyzed included office, retail, hotel, industrial, and multifamily.

Secured position through on-campus interviewSuccessfully completed Sovran’s Management Training program which included banking and finance classes as well as rotations in branch banking and real estate finance

Master Of Science - Ms, Real Estate

Education record