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Real Estate Vice President

Location:
Memphis, TN, 38117
Posted:
February 22, 2011

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Resume:

Harold G. (Pete) Hammond

(Email) abhteu@r.postjobfree.com

*** *. ***** **** ****

(C) 901-***-****

Memphis, TN 38117

(H) 901-***-****

Professional Profile

CMBS Acquisition . Asset Management . Investment Real Estate . SCO .

Special Assets . Commercial Real Estate Lending

Professional abilities and attributes:

. Underwriting complex credit transactions

. Identifying critical risks and mitigants

. Making credit decisions in a timely manner

. Implementing senior management strategies

. Attaining corporate goals in a team environment

Functional areas with verifiable results:

. Acquiring non-investment grade CMBS

. Meeting corporate profit and capital deployment goals

. Managing assets for private equity clients and institutional investors

. Underwriting and credit approval of commercial real estate loans for a

large regional bank and a super-regional bank

. Negotiating the acquisition of investment real estate

. Management of distressed commercial real estate portfolios leading to

improved asset quality

. Direct portfolio lending to commercial real estate developers

Professional Experience

Duncan-Williams, Inc., Memphis, TN

4/2009-Present

Account Executive. Responsibilities include marketing fixed income and

equity securities to high net worth individuals, evaluating existing

investment portfolios, and recommending a mix of investments to improve

yield and return for clients and prospects.

Accomplishments:

. Passed licensing exams to be a Registered Representatives and a

Investment Advisor Representative in July 2009

. Ranked among the firm's top 15 producers in the firm's Private Client

Group for 2010

Centerline Capital Group (formerly known as ARCap REIT, Inc.), Dallas, TX

2/2002-11/2008

Senior Vice President. Invested in the non-investment grade tranches of

Commercial Mortgage-Backed Securities (CMBS) transactions. Acquired bonds

in over 80 CMBS issuances totaling $114 billion and involving 14,759

properties, initially for the company's balance sheet and later for

investors in its three high yield CMBS funds.

Accomplishments:

. Underwrote the purchases of CMBS issuances resulting in the deployment

of approximately $1.5 billion in committed investor equity

. Evaluated 991 assets totaling more than $9.4 billion backed by 1,206

properties

. Enabled the company as part of its acquisition team to become the

largest B-Piece buyer of CMBS issuances for 2007 ($46 billion of

issuances in 18 transactions) and to report delinquencies well below

industry norms (48 bps vs. 70 bps)

. Produced comprehensive analysis templates on own initiative which became

standard use for the due diligence team

. Executed effective strategies for three REO properties that resulted in

above budgeted cash flows and lower than budgeted equity fundings

Real Estate Financial Advisory Services, Memphis, TN

1/2001-1/2002

Principal. Provided fee-based due diligence for institutional investors

and asset management services for private clients.

Accomplishments:

. Evaluated assets totaling more than $1.4 billion backed by 245

properties

. Assisted a Memphis-based commercial business in selecting a developer

for a 500,000 SF distribution center in Utah and a 75,000 SF office

building in Memphis

KeyBank, N. A., Cleveland, OH

10/1999-12/2000

Senior Vice President. Approved all non-recourse commercial mortgages

acquired from third-party originators or originated by relationship

managers. Managed a staff of 4 market managers and 6 underwriters and

analysts. Enhanced earnings through profitable loan sales and CMBS

issuance.

Accomplishments:

. Sold over $75 million in whole loans at profit targets established by

executive management

. Managed the due-diligence portion of KeyBank's acquisition of National

Realty Funding's $400 million real estate portfolio

. Approved approximately $600 million in mortgages originated in 2000 at,

or exceeding, established profitability targets

. Securitized approximately $880 million in real estate loans, which at the

time exceeded all previous efforts

Prior Positions:

Central Park Capital, L. P., Memphis, TN - Senior Vice President

2/1998-10/1999

Real Estate Financial Advisory Services, Memphis, TN - Principal

1/1997-2/1998

First Tennessee Bank, N.A., Memphis, TN - Senior Vice President/SCO

11/1989-12/1996

First City National Bank, Houston, TX - Vice President /Group Manager

1/1982-10/1989

Education

M.S. - Louisiana State University, Master of Science - Finance

B.A. - Louisiana State University, Bachelor of Arts - Major in History and

Minor in English Literature

Professional Training/Licensing

Series 7 License - General Securities Representative

Series 66 License - Registered Investment Advisor

Fannie Mae/Freddie Mac Risk Assessment and Inspection Training

Low Income Housing Tax Credit Comprehensive Training



Contact this candidate