Michael W. O'Connor Email & Phone Number

Charlotte, Us

Manage a $500MM portfolio of highly structured commercial mortgage loans originated in-house. Work with the borrower to confirm tracking of property tenancy and cash flows. Inspect the collateral annually to confirm asset condition is maintained. Present quarterly and annually to various committees with updates on the loan and collateral performance. Track internal Fannie & Freddie Forward loans to confirm construction loan performance and leasing are in line with plan.

Chicago, Illinois, Us

Managed a staff of eighteen asset managers and analysts who serviced over 2,500 commercial real estate loans totaling $30B for private equity clients. Oversaw the Non-Performing and Special Service loan portfolios that handle all defaulted collateral and REO properties. Reviewed and approved client’s borrower requests, including construction and reserve draws, quarterly reviews, loan assumptions, defeasance and loan modifications. Was a voting member of the Watchlist Committee. Mentored the asset managers and analysts through advisory and training meetings. Had constant communication with clients and attorneys to ensure satisfactory service levels and reporting. ● Structured and processed over 500 forbearance loan forbearance requests due to Covid-19● Decreased the average resolution period for defaulted and special service loans from 15 to 9 months ● Implemented new procedures that improved turnaround time on client portfolio requests

Managed a staff of ten and oversaw the portfolio management of over 1,000 commercial real estate loans. Originated and implemented the policy and procedures for the Portfolio Management Department. Monitored the loan portfolio for delinquencies, risk rating impairment and upcoming maturities. Provided updated reporting and projections on a monthly basis. Worked closely with borrowers and attorneys on loan modifications. Sat on the committee for loan approvals. Engaged, reviewed and approved all third party reports for loan modifications. Worked with the lending teams to structure potential financing opportunities. Provided credit training to junior staff. Recruited and interviewed candidates for hire. ● Implemented the loan monitoring and reporting process that lowered delinquencies by 67%● Created the loan review program that improved the annual risk rating reviews from auditors● Structured and executed A/B/F loan modifications approved by the FDIC’s Loss Share Program

Bruxelles, Paris, Be

Managed an underwriting team of ten people for Dexia’s CMBS loan program on all commercial property types. Managed a portfolio management team of twelve people that monitored Dexia’s construction, bridge and portfolio loans. Oversaw the loan process from the beginning introductions up through the loan closing and monitoring. Worked with the origination teams in structuring potential financing opportunities. Sat on the loan approval and risk rating committees. Worked closely with attorneys on loan documentation. Visited collateral sites and provided market updates. Reviewed and approved all third-party vendors and reports. Provided feedback to rating agencies and CMBS B-buyers during loan securitizations. • Oversaw the underwriting of $2B in securitized CMBS loans on all approved property types• Successfully managed a troubled portfolio of construction loans down from $1.2B to $300MM• Implemented plan that lowered the loan approval & closing process from 68 days to 43 days

New York, Ny, Us

Extensive experience underwriting fixed, floating, bridge and mezzanine loans. Worked daily with the lending department to structure potential loan opportunities. Inspected collateral sites and analyzed markets. Worked with attorneys on loan documentation. Provided feedback to rating agencies and CMBS B-buyers during loan securitizations. Managed the hiring of underwriters and analysts for the Chicago office. • Underwrote over 180 conduit loans totaling over $2.8B on all securitized property types• Supervised the underwriting team of seven people by reviewing work and providing feedback

Mba, Finance, Economics, Strategic Management

B.S., Finance/Real Estate