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Real Estate Sales

Location:
Brooklyn, NY
Posted:
December 10, 2014

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Resume:

GREG E. SCHECHER

*** ******** ***** ****** *****, New Jersey 07724

561-***-**** acgz39@r.postjobfree.com

Achievements

Directly originated underwrote and closed CMBS bridge/interim, bank and loans totaling $2.1 billion.

Closed equity/preferred equity/mezzanine transactions totaling $700m.

Founded three successful CMBS wholesale lending platforms and established the first multi regional national

CMBS wholesale origination platform.

Raised capital, managed, staffed, and established a broker CMBS production network in partnership with a

publicly traded REIT.

Retained as lead consultant for loan workouts, distressed real estate and the marketing and pricing of performing

and non-performing commercial mortgage loans.

Founded and funded Westminster Capital a major Florida based CMBS/ floating rate wholesaler.

Experience

Liberty SBF (January 2014 – December 2014) Boca Raton/ Philadelphia -Senior Vice President, Loan Origination

Liberty SBF is a direct, balance sheet lender that provides financing for borrowers that require bridge loan financing for

pre-stabilized CRE, discounted loan payoffs and hard money situations as well as SBA 504 financing.

Sole and direct responsibility for loan originations in the metro NYC, south Florida region thus expanding the

correspondent/ broker affiliation network. Goal is to capitalize on long term relationships thus capturing increased market

share and loan volume. Personally oversee underwriting and presentation to the credit committee. Negotiate term sheets,

loan commitments, loan documents. Manage the closing process.

Lexington Capital Advisors, LLC (December 2012-January 2014) Tinton Falls, NJ/ Boca Raton, Fl. -Managing

Director

Key principal of Lexington Capital Advisors. Directly involved with the origination, underwriting of debt, investment sales

and equity transactions. Responsible for creating and maintaining relationships nationally with investment property sellers

and borrowers. Recruit and maintain affiliate relationships. Manage a viable transaction pipeline.

The core activity was to provide advice and counsel on a contingent fee basis to commercial real estate owners

concerning the sale financing recapitalization of CRE. The firm is also engaged in the representation of equity sources

and purchasers of investment grade CRE.

NAI Global (May 2011 – December 2012) New York City, NY -Senior Vice President CRE Finance

NAI Global is an affiliate of C-III Capital Partners. NAI is the world’s premier global network of more than 200 NAI

affiliates nationally and one of the largest real estate services providers worldwide. Lead the implementation of the first

NAI national commercial Mortgage Finance Group (MFG). Created the strategic plan; the basis for the mortgage

banking platform serving the national network. Supervised the origination of debt and equity transaction as a profit

center. Provided transaction management; assistance to all the NAI mortgage bankers nation-wide in originating and

completing CRE financing transactions. Initiated and established the framework for the origination of FNMA small loan

funding from the network as correspondent for Centerline Capital a C3 affiliate.

Lexington Capital Advisors LLC (April 2009 -May 2011) Boca Raton, FL and Tinton Falls, NJ -Managing Member

Founder of Lexington Capital Advisors LLC providing advice and counsel to comme rcial borrowers facing loan default.

Personally managed daily operations, assignment origination, underwriting, proposal presentation and assignment.

Developed capital provider relationships. The firm also provided capital required to facilitate the recapitalization of the

distressed asset. Lexington has completed the restructuring of 10 assignments totaling $100m of mortgage loans to date.

Additionally, Lexcap exclusively represents select capital sources in the acquisition of REO and CRE loans. The firm i s

engaged with commercial banks, CMBS special servicers, life insurance companies.

Johnson Capital (July 2005 -March 2009) Boca Raton, FL and New York City, NY -Senior Vice President New York

Office

Joined the NYC team in January 2009. Senior member of the New York team responsible for the origination of distressed

asset mortgage re-structuring and recapitalization, dispositions and loan sale origination. Seven major assignments under

agency agreement. Procured the assignment to re-structure the first mo rtgage encumbering the” Lipstick” building a

600,000 sf. office building located in mid-town Manhattan.

Boca Raton

Joined the firm in 2005 to establish the Boca Raton FL office, thus expanding the Johnson Capital brand in Florida.

Devised and launched the marketing campaign, utilizing my extensive list of client’s, institutions and contacts

gaining considerable traction in a short time span. Closed $70mm within the first twenty-four months. Primary focus on

investment sales, originating, structuring and closing permanent, interim, and mezzanine financing joint ventures.

David Cronheim Corporation (June 2002-July 2005) Chatham, NJ -Senior Vice President

Cronheim is the largest privately owned mortgage banker on the east coast. Proficient investment sales broker mortgage

producer and placer. Extended the firms market share to include South East Florida. Originated and closed debt sale and

mezzanine transactions generating in excess of $1.8mm of fee income within fifteen months.

Westminster Capital Company (July 1994-January 2002) Boca Raton, FL -Founder

Principal, Investor, Managing Director. The firm engaged in the origination, underwriting and sale of CMBS notes to CSFB,

UBS, Greenwich and other investment banks. One of the principals and founders and member of the board of the Bankers

Capital Group, a consortium of seven national independent CMBS lenders. Westminster Capital fun ded $900mm of CMBS

loans 1995-2000. Bankers Capital funded $500mm of CMBS loans in its first year of operations.

Prior to 1994 held VP, SVP positions with Cushman and Wakefield mortgage banking group in Boca Raton and

NYC as well as managing director for JDL enterprises in NJ. JDL was the sixth largest CRE brokerage firm in NJ.

PROFESSIONAL AFFILIATIONS, EDUCATION, LICENSES, ETC.:

o Course Instructor for ACI concerning continuing education courses for attorneys on the topic of CRE financing;

o Memberships: NAOIP, ICSC, Mortgage Bankers Association

o Licenses: New York real estate broker, Florida real estate sales, Florida mortgage broker

o Authored articles for: Commercial Mortgage Insight, the Daily Business Review, National Real Estate Investor,

Shopping Center News, Southeast Real Estate business, Globe Street and Rea l Estate Forum

Education: attended Monmouth College, New Jersey.

Frequent speaker, moderator and panelist at industry conferences: American Conference institute, CLE accredited.

Topics: “CMBS Financing”, “Alternative Financing,” “The Nuts and Bolts of R eal Estate Financing” Crittenden

Conferences and Real Share.

References upon request.



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