Thaddeus Fields Email & Phone Number

Greater Pittsburgh Area

CreditVest, Inc. is a commercial real estate due diligence and underwriting firm serving investment banks, government agencies, and private investors. As an Underwriter, I am responsible for providing due diligence and underwriting services for our clients including operating statement analysis, lease reviews, site inspections and improvement analysis, and loan stress testing.

Greater Pittsburgh Area

This Group is tasked with providing loans to finance real estate projects in distressed or revitalizing areas serving a market previously underserved by development. The target communities are typically economically distressed and have populations earning low to moderate incomes. Developers and lenders in these markets face unique challenges, such as potential lower rents and increased development time. As a Credit Officer, I was tasked with structuring and underwriting loans enabling projects to successfully meet the challenges and fulfill the needs of the developers, the end users, and the stakeholders of the Bank. Underwrote, structured, and closed over 20 real estate loans with obligations exceeding $25 million. Developed an appropriate structure for each loan by analyzing the market demand for the asset type, the costs of the development, the reasonableness of the projected financial performance, and the experience and ability of the project developer.Structured alternate means of financing including, when appropriate, government grants and tax credits.Financed loans on residential homes, multifamily units, and commercial space in under served or revitalizing markets.

Greater Pittsburgh Area

This Group is tasked with providing loans to finance real estate projects serving as investment vehicles for preferred Bank clients not typically involved in the real estate industry. These clients are seeking to diversify and enhance their investment portfolios with real estate assets. As a Credit Officer, I structured and underwrote loans to these clients to meet their investment goals.Underwrote 10 new loans with obligations exceeding $10 million and managed a portfolio of 25 real estate loans with obligations in excess of $58.5 million.Developed an appropriate structure for each loan to meet the investment goals of the client and the profitability and risk requirements of the Bank.Educated clients on important aspects of real estate investing including assessing a landlord's costs and obligations and developing reasonable and consistent projections of financial performance including contingencies.

Greater Pittsburgh Area

This Team is tasked with managing troubled real estate loans to ensure collection of principal. As an Asset Manager, I was charged with the successful resolutions of a portfolio of troubled loans. Managed a nationwide portfolio of over 30 troubled real estate loans, mostly acquired via PNC's acquisition of National City Bank. Obligations ranged from $30,000 credit lines to $100 million syndicated transactions.Developed an appropriate strategy for each loan by analyzing underlying collateral, underwriting and restructuring loan agreements, and negotiating workout settlements/plans with borrowers.Responsible for over $30 million in principal recoveries during 2010.

Greater Pittsburgh Area

This Group provides loans to professional real estate developers for the construction of commercial real estate projects in excess of $10 million. As an Associate I was responsible for supporting relationship managers, underwriters, and credit officers serving clients with market analysis, structuring of credit products, capital markets financing, and other real estate financial products and services.Acquired a solid foundation and practical real estate experience by completing an 18-month rotational development program including assignments in Market Research, Loan Administration, Underwriting, and Loan Syndications.Completed PNC’s Credit Training Program - a selective six week training program that combines classroom instruction, lectures, and case work to integrate credit concepts across business segments.

Berkeley Heights, New Jersey

Connell Finance Company Connell Finance Company is a $2 billion company that provides structured finance advisory and real estate investment services. As an Assistant Vice President, I developed models to perform quantitative analyses, conducted due diligence, researched, and prepared reports and presentations for transactions ranging from small projects up to $500 million. Gained experience with cash flow and asset-based financings, synthetic leases, asset acquisitions, leveraged and single investor tax leases, first lien mortgage financings, and non-recourse debt financings.Supported the successful marketing of over $500 million in private equity and debt for Connell’s clients as well as asset-based equity investment transactions made directly by Connell.Contributed to the successful $140 million sale and leaseback of TXU, Inc.’s corporate headquarters building by reviewing financial information, developing pricing models, and preparing reports for management.

Houston, Texas Area

Acquisition Partners, Inc. acquired and integrated small water and waste water firms into a $350 million utility. As a Senior Financial Analyst, and one of the first 16 members of the firm, I performed due diligence on potential acquisitions and assigned value ranges by developing complex financial models. Performed due diligence on 40 companies with combined value of $60 million and supported corporate integration of 25 companies with total value of over $38 million.Reduced new-company integration time by three weeks by designing and implementing a comprehensive integration-information collection, reporting and filing system.

Mba, Commercial Real Estate

Activities and Societies: Member Real Estate ClubWinner of the University’s 2005 Owl Award (for academic excellence) recognizing my team.

B.S, Business Administration; Finance

Dean’s List every semester. Beta Alpha Phi Honorary Business Fraternity. Worked part time the entire four years to finance 100% of college.