Patrick Breen Email & Phone Number

Chicago, Il, Us

Chicago, Il, Us

· As a key member of the commercial real estate loan pricing team, helped Wells Fargo to originate, structure, close and securitize over 2,100 conduit loans (totaling over $40 billion) from 2017-2024, the most of any originator· Developed, refined and back-tested a multi-variable conduit loan pricing model used to determine precise capital structures for the accurate pricing of all Wells Fargo CMBS loans.· Researched and authored a 75-page rating agency process and underwriting… Show more · As a key member of the commercial real estate loan pricing team, helped Wells Fargo to originate, structure, close and securitize over 2,100 conduit loans (totaling over $40 billion) from 2017-2024, the most of any originator· Developed, refined and back-tested a multi-variable conduit loan pricing model used to determine precise capital structures for the accurate pricing of all Wells Fargo CMBS loans.· Researched and authored a 75-page rating agency process and underwriting guidelines tailored for a team of 80+ originators and underwriters while conducting dozens of in-person trainings on new methodology and new rating agency models, with additional focus on improving CMBS execution and efficiency while increasing the value of Wells Fargo’s commercial real estate loans· Acted as an early credit approval layer as the only licensed individual with a credit background and rating agency expertise on the CMBS loan pricing desk Show less

· As the day-to-day leader of the Wells Fargo Securitization team, led all mortgage loan due diligence and loan disclosure functions while originating and securitizing approximately 2,500 loans and $30 billion of collateral, often achieving superior AAA-rated pricing to competitive transactions (2-4 bps on avg. $1 billion deal equals over $6 million additional profit)· Managed a team of four analysts responsible for the delivery of all critical mortgage loan files and asset summary reports,… Show more · As the day-to-day leader of the Wells Fargo Securitization team, led all mortgage loan due diligence and loan disclosure functions while originating and securitizing approximately 2,500 loans and $30 billion of collateral, often achieving superior AAA-rated pricing to competitive transactions (2-4 bps on avg. $1 billion deal equals over $6 million additional profit)· Managed a team of four analysts responsible for the delivery of all critical mortgage loan files and asset summary reports, answering all investor Q&A and legal due diligence· Created a best in class term sheet, as voted on by senior investors in early 2015 and continuously praised for the information diclosed therein. Show less

· Twice secured the approximately $800 million sole assignment for Wells Fargo as the FDIC’s Lead Underwriter and Bookrunner, leading the inter-division RFP process participated in by all major investment banks. The sale of performing commercial mortgage loans from failed financial institutions was the first of its kind· Worked with the FDIC and master servicer to develop a loan modification plan and extension agreement for the workout of non-performing and defaulted loans.

· Worked in various key roles functions in underwriting, audit, data tape aggregation, warehouse management, investor Q&A and credit review. · Led five person team in the credit review, documentation and development of a surveillance process for the purchase of over $10 billion of CMBS bonds as the Great Financial Crisis approached, yielding the firm significant revenue at a time when the capital and lending markets were frozen. Consulted on loan workout and dispositions for the special… Show more · Worked in various key roles functions in underwriting, audit, data tape aggregation, warehouse management, investor Q&A and credit review. · Led five person team in the credit review, documentation and development of a surveillance process for the purchase of over $10 billion of CMBS bonds as the Great Financial Crisis approached, yielding the firm significant revenue at a time when the capital and lending markets were frozen. Consulted on loan workout and dispositions for the special servicers and b-buyers. Show less

Master Of Business Administration - Mba, Real Estate

Bachelor Of Business Administration - Bba, Finance, General

Bachelor, Business Administration, Finance

Master, Business Administration, Real Estate Finance & Investment

Real Estate Finance & Investment Concentration Relevant Coursework includes Financial Accounting for Managerial Decision Makers.