Michael Smith Email & Phone Number

Newport Beach, California

Santa Ana, California

La Mesa, Ca

18300 Von Karman Ave, Irvine, Ca 92612

Responsible for the review, approval, and administration of ground-up and tenant improvement projects for the Bank's Business Banking clients and commercial real estate loan portfolio. Provide input and guidance to the credit underwriting team on proposed construction budgets, plans/specs for the proposed development and/or improvements, and financing metrics.Compile and analyze CBSA market data for commercial real estate property situated in the Bank's current lending footprints… Show more Responsible for the review, approval, and administration of ground-up and tenant improvement projects for the Bank's Business Banking clients and commercial real estate loan portfolio. Provide input and guidance to the credit underwriting team on proposed construction budgets, plans/specs for the proposed development and/or improvements, and financing metrics.Compile and analyze CBSA market data for commercial real estate property situated in the Bank's current lending footprints (Washington, Oregon, and California). Assist the Business Credit Center's Portfolio Management Group in the preparation of one-off comp and market analysis on "specialty" real estate assets. Show less

Irvine, Ca

Engaged as independent contractor to perform due diligence, underwriting, and Basel II risk rating analysis on acquired portfolio of commercial real estate loans and related collateral.Prepared documentation and led a WebEx presentation for Special Assets and Portfolio Management officers on guidelines for successfully working with Risk Analyst program, as well as preparing a troubleshooting guide for common challenges associated with the program and subject asset types.

Led team of eight loan workout officers handling 500 commercial non-performing loans with an aggregate UPB of approx. $277 million, securing real property collateral in 42 states. Primary focus was the workout and resolution of small-balance commercial ($5 million and under) securitized loan portfolio, serviced on behalf of Lehman Brothers Holding Company, Waterfall Asset Management Company, and U.S. Bank, as trustee for multiple securitized commercla loan portfolios.

Responsible for the management, marketing and disposition of all Bank-owned real property.Responsible for the resolution and/or liquidation of approximately $50 million in non-performing loans secured by real property and business receivables/inventory. Individually achieved a monetary recovery of approximately $5 million on defaulted, non-performing real estate loans.Active member of the company's Major Loan Committee.Managed the Orange County office, formerly the construction… Show more Responsible for the management, marketing and disposition of all Bank-owned real property.Responsible for the resolution and/or liquidation of approximately $50 million in non-performing loans secured by real property and business receivables/inventory. Individually achieved a monetary recovery of approximately $5 million on defaulted, non-performing real estate loans.Active member of the company's Major Loan Committee.Managed the Orange County office, formerly the construction lending division. Corrdinated the auction and liquidation of approx. 60 commmercial and residential tract development loans with an outstanding UPB of approx. $200 million, through a public sale of the debt. Show less

Underwrote and closed $172MM in commercial construction, bridge, participation and term financing in 2007. Projects financed or modified included a 50,000 SF spec office construction project, waterfront office/retail complex with boat slips, 4th phase of a 900+ unit apartment project, and restructuring of construction loan for a 272-room/12-story/415,000 SF Embassy Suites Hotel.Modified eleven (11) existing commercial loan commitments totaling approx. $75 million resulting in the… Show more Underwrote and closed $172MM in commercial construction, bridge, participation and term financing in 2007. Projects financed or modified included a 50,000 SF spec office construction project, waterfront office/retail complex with boat slips, 4th phase of a 900+ unit apartment project, and restructuring of construction loan for a 272-room/12-story/415,000 SF Embassy Suites Hotel.Modified eleven (11) existing commercial loan commitments totaling approx. $75 million resulting in the successful completion of construction projects and timely retirement of debt.Responsible for the seamless coordination and closing of each transaction. Show less

Resolved complex, troubled commercial real estate loans and managed and disposed of bank-owned REO asssets, maximizing return and exceeding targeted sales volume. Reviewed, negotiated and documenting modifications on commercial transactions securitized in REMIC and CMBS loan pools.

Responsible for the marketing, leasing, rehab and disposition of residential, multi-family and commercial property with an aggregate market value estimated at $45-50 million, as part of a team of 5 asset officers.Worked with corporate counsel and outside counsel to successfully resolve various litigations matters concerning title defect, environmental remediation, and rent control issues

Mba - Real Estate Studies

B.S., Business Administration - Finance Concentration

Graduate Work In Law, Finance And Economics