Donald R. Brown
Alpharetta, Georgia 30022
******.******@*******.***
Summary of Experience
Extensive experience in commercial real estate banking primarily related to
interim real estate business development, underwriting, portfolio
management, and asset disposition and resolution. Other experience
includes project management, business pro-forma development and
presentation, budget development, and financial performance preparation and
reporting.
The Corvus Group, Inc. Senior Asset Manager September 2010 - Present
Sub Servicer for KeyCorp Capital Real Estate Markets, Inc.
Responsible for non-performing commercial real estate portfolio from failed
FDIC institutions including management of inherited litigation actions,
extensive credit and collateral review, site review, borrower negotiation,
asset rehabilitation assessment, presentation of resolution recommendation
to appropriate credit committee level, and management of post
recommendation approval action.
Serve as a resource for Asset Managers on collateral or credit issues,
asset condition, or recommended resolution action.
RSM McGladrey, Inc., Senior Asset Servicing Professional 2009 - 2010
Contractor for the FDIC as Receiver for FirstBank Financial Services
. Managed disposition of a part of the failed bank's commercial real estate
portfolio.
. Communicated intended recovery strategies to customer base; responded to
and acted on customer inquiries or proposals for asset disposition that
included negotiated solutions to ensure the greatest recovery to the
FDIC.
. Prepared and presented case memorandum recommending various actions
including obligation repudiations, asset compromise and settlement, asset
collateral release, asset protection, and initiation of legal action.
All actions required
. Created multiple interactive tracking systems that reported asset
assignments, collateral type, status, intended disposition action, and
third party support status. Created related systems for unfunded
commitment analysis and required delinquent notifications.
. Interacted with FDIC Investigation, Office of Inspector General, and
Outside Counsel on assets of concern related to former director and other
identified trouble assets that resulted in successful D&O Claim recovery
of $1,700,000.
Alpha Bank & Trust, Senior Vice President 2006 - 2008
. Commercial lender at de-novo institution responsible for commercial real
estate loan origination and portfolio management.
. Supported executive management with reporting and portfolio management.
. Identified problem assets and resolution and disposition strategies
including assessment of asset condition, stabilization and
rehabilitation, marketing strategy and ongoing management of owned
assets.
Bank of North Georgia, Senior Vice President 2003 - 2006
Commercial lender at established in-market institution responsible for
originating and underwriting residential construction, land acquisition and
development and lateral inventory product and resulting portfolio
administration.
Average loan production exceeded $100,000,000 annually; managed portfolio
averaging $130,000,000.
Re-habilitated rated asset portfolio through various strategies that
improved portfolio profitability.
IronStone Bank, Senior Vice President 1997 - 2003
Started first interim residential real estate loan origination operation
for subsidiary of 100 year-old regional bank.
Established product specific policies and procedures outlining structure
and concentrations of various type of loan product.
Designed operating and reporting systems unique to portfolio.
Originations ultimately exceeded $100,000,000 per year generating more than
$1,000,000 in non-interest income.
Worked with other geographic loan production centers to ensure consistency
in loan structure, concentration and reporting.
First Liberty Bank, Vice President 1994 - 1997
. Residential construction loan originator and underwriting at small
regional commercial bank.
. Restructured operations and procedures to increase production and
improve reporting without adding staff.
Coopers & Lybrand, Senior Associate - Process Management 1991- 1994
. Supported national partner in Process Management line of business that
included coordinating firm's response to government solicitation of
services for various subcontracting opportunities primarily related to
the Resolution Trust Corporation (RTC); participated in resolution of
failed thrifts, and managed due diligence reviews for RTC mortgage back
securitizations.
Windmill Harbour Company, Controller 1988 - 1991
. Served as Controller for a small real estate development/property
management company. Primary asset was a 350 lot gated community with 12
acre tide free marina and related amenities and a 100,000 sf shopping
center. Responsibilities included cashflow reporting and management,
budget development and implementation, and property management.
Rust Enterprises 1987 - 1988
. Supported principal with land development opportunities including
planning, financial analysis, and rezoning efforts for various real
estate projects in the Northern Virginia market area.
Executive Office of the President - Office of Management and Budget, Budget
Officer 1986 - 1987
. Supported Deputy Associate Director of Administration with internal
budget for Office of Management and Budget (OMB).
Education: James Madison University, BBA - Accounting
Family: Married, three children
Hobbies: Fly Fishing, tennis, skiing