Real Estate Management

CRAIG H. HAMILTON

*** **** ********** ****

Livingston, New Jersey 07039

973-***-**** Cell: 973-***-****

[********.*****@*******.***]

SUMMARY:

Experienced in Debt Restructurings/Loan Recovery/Credit Risk Administration/Stress Testing/Acquisitions/Mergers/Finance/ Real Estate, Property Management, Architecture/ Planning, Economic/ Market Research. Intuitive, knowledgeable, decisively focused and professional. Demonstrated ability to turn around/manage successful operations. Track record of achieving positive results for companies with expertise to clarify inter-connected complex subjects.

CAREER HIGHLIGHTS:

• Performed portfolio credit risk-laying analyses and evaluated credit risk of high volatility transactions.

• Implemented Credit Polices and Procedures for an institution under a regulatory enforcement order.

• Effectively worked w/ regulatory agencies w/ FRB/FDIC/OCC approval. Bank’s C&D Order terminated and Bank was returned to normalized regulatory status.

• Implemented growth strategies for New Jersey’s fourth largest credit union. Sr. Management seat on B of D.

• Restructured North American real estate mortgage portfolio for a $50 billion US/Taiwanese bank.

• Expanded regional commercial real estate mortgage portfolio in excess of $80 million.

• Developed Real Estate Business Practice for international valuation firm. Increased revenues by $1/4 million.

• Established International Real Estate Portfolio & Staff of 40 for $1/4 billion US based financial corporation.

• Organized acquisition program for Integrated Resources; acquired numerous organizations.

• Set up and completed a $200 million Planned Unit Development operation.

• Started up a real estate finance & economic research firm; serviced & advised institutions on debt restructuring, loan workouts, yield analysis, valuations, and market investment analysis.

• Directed the design and construction of residential and commercial real estate projects.

PROFESSIONAL EXPERIENCE:

TruFund Financial Services, Inc. 2017- Present

Chief Credit Officer (Commercial Business Lending)

Recruited to reorganize a CDFI’s (Community Development Financial Institutions- a 501(c) organization) Lending/ Credit operations in NYC, Louisiana, and Alabama Regional Markets. Organization was subject to significant Grant Funding cutbacks due to public policy changes in Grant Funding Programs promulgated from Washington.

• Performed quarterly Analyses and Board Reports for Allowance/ Loss Reserves and Loan Portfolio Performance tracking.

• Reviewed and approved new credit underwritings and modified and restructured existing loans to favorable repayment terms.

• Automated Credit Scoring Platform for business C&I lending (Mirador) and integrated the closing process with automated legal documentation (Laser Pro).

• Implemented extensive training of staff on the Organization’s Loan Operating System (Nortridge) which significantly improved data reporting for grant funding programs.

BankUnited (Midsize Bank) 2015- 2017

Portfolio Management Executive (CRE Lending)

Restructured $833 million loan portfolio management operations that were subject to an OCC “MRA” examination order.

• Performed annual credit reviews and analysis of portfolio risk-layering/re-finance risk and FDIC high volatility transactions (HVCRE).

• Credit risk audit analyses included CRE loans structured as interest only, repositioning loans, acquisition/ development/construction loans (ADC) and cap-rate erosion due to vacancy creep, as well as, C&I loans with focus upon leverage ratios and total debt load.

• Performed Bank’s DFAST Portfolio Stress Testing (bottom-up methodology). OCC due to review Bank’s progress for termination of MRA’s.

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BNB Hana Bank, NA (Community Banking) 2015- 2015

Senior Vice President/Portfolio Management (Commercial Real Estate/Commercial & Industrial)

Recruited to develop portfolio management and enhanced credit procedures for a nationalized community bank with a Korean Holding Company parent under a regulatory “Formal Agreement” enforcement order with the OCC since 2010. Bank was subject to a mandatory workforce reduction by its Federal Regulator in anticipation of consolidation.

• Audit oversight for internal Portfolio Credit Risk analyses.

Carver Federal Savings Bank (Community Banking) 2013 –2015

Chief Credit Officer (Commercial Real Estate/Commercial & Industrial)

Implemented credit procedures for a NYC Savings Bank with assets of 3/4 billion. Functions were full spectrum from ALLL/Concentration/Peer Group/Loans-to-One Borrower/Impairment Analyses, and Credit Underwriting & Approval.

• Performed quarterly Analyses and Board Reports for Allowance and Loss Reserves, Loan Concentration Limits for both asset class and geography compliance, reviewed and approved new and existing credit underwritings, and performed Bank’s DFAST Portfolio Stress Testing (top-down methodology). Worked with the Institution’s Regulator (Office of The Comptroller of the Currency-OCC) to update Credit Policies, Procedures, and Credit Risk Analyses. Office of The Comptroller of the Currency (OCC) and Federal Reserve Board (FRB) issued “non-object” to position appointment. Bank’s C&D Order terminated with operations returned to normalized regulatory status.

Brooklyn Federal Savings Bank (Community Banking) 2010 –2013*

Senior Executive Portfolio Credit Restructuring/Workout Officer (Commercial Real Estate)

Restructured a $208 million loan portfolio with syndicates for a regional Savings Bank with assets of 1/2 billion. Strategies included note sales, DIL, foreclosure, PG deficiency recovery, and REO disposition management plans.

• Performed global portfolio file review and impairment analyses on criticized loan portfolio and restructured underperforming assets to acceptable repayment terms. Assisted in the development of Business Plan capital rebuilding structure.

• Effectuated merger w/o FDIC Loss Share Agreement. Office of Thrift Supervision (OTS)/Office of The Comptroller of the Currency (OCC) issued “non-object” to position appointment. Bank was successfully merged with no cost to the FDIC Insurance Fund.

*(Included a period of post merger consulting).

Paragon Federal (Commercial/Business/Residential/Consumer/Corporate Banking) 2007 –2010

Chief Lending Officer-CLO/VP (Residential/Consumer/Commercial/ Business Lending)

Developed and implemented growth strategies for New Jersey’s fourth largest credit union with assets of $1/2 billon. Restructured loan portfolio and increased loan reallocations to reduce prior asset concentrations and bring institution in parity with its Asset Liability Management (ALM) policies. Senior Management seat on board meetings. Institution was successfully merged with a Regional Credit Union with no cost to the NCUIF Insurance Fund.

• Responsible for developing lending pipeline increase of 200% from $25M in six months with team support and effort. Engineered successful acquisition due diligence of $27 million dollar Nabisco Foods Credit Union.

• Private Banking Officer to Zeke Mowatt and Jim Burt.

Chinatrust Bank, USA (Corporate/Community Banking) 2004 –2007

Senior Vice President/Chief Credit/Chief Lending Officer (Eastern Region, NA/Commercial Real Estate & C&I)

Restructured North American/New York Eastern Region real estate mortgage portfolio for a $50 billion bancorp.

• Successfully increased region’s pipeline from $35 million to $332 million and engineered $75 million loan assumption acquisition from affiliates and banks. Oversaw warehouse lending backed by receivable inventory.

The Trust Company Bank/North Fork Bank/Capital One Bank (Real Estate Banking) 2001 – 2004

Vice President (Real Estate Finance & Commercial Mortgage Division)

Expanded regional commercial real estate mortgage portfolio for a $4.3 billion commercial bank comprised of shopping centers, apartment properties, warehouses, office buildings, and mixed use projects.

• Responsible for expanding initial commercial loan portfolio from $25 million to more than $80 million. Functions were full spectrum from business development, to credit analysis, to underwriting, to Officers & Senior Credit Committee presentations and, thereafter, to maintaining file documentation for FDIC review.

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Taipei Bank, New York Agency Office (Real Estate Investments & Banking) 2001 - 2001

First Vice President (Real Estate Mortgage Division)

Increased domestic commercial real estate mortgage portfolio for Taiwanese banking institution with assets in excess of $2 billion. Bank was subject to economic impact of 9/11/01 in which US operations were located in 1 WTC.

Marshall & Stevens, Incorporated (Real Estate Business Development, Mergers & Acquisitions) 1999 - 2001

Vice President (Head of National Real Estate Valuation Practice- New York)

Developed national valuation and advisory practice for international real estate firm with national offices located in New York, Chicago, Los Angles, Dallas, Tampa, and Atlanta.

• Successfully brought in on time/within budget client's $12 million merger valuation assignment.

• Negotiated business merger valuation "Fairness Opinion" assignment for $700 million public company.

• Executed business valuation assignment for L&M cigarettes JV with Russian cigarette manufacturer Duggat to establish asset valuation for the US Department of Justice “Master Settlement Agreement.

Taroco Enterprises, Inc. (Real Estate Investment Management)

Managing Director/Partner (Chief Real Estate Investment Officer) 1994 - 1999

Organized and maximized investment return strategy for international real estate portfolio located in the United States, Moscow, Russia, and Taiwan/Hong Kong. Established overseas revenue generating property management & market research consultancy utilizing existing staff increased overall portfolio asset values and equity returns by 66%.

• Engineered purchase of 1 million square feet of NY/NJ Hudson River Waterfront mixed use real estate for $2 million and increased asset's market value by $4.6 million.

• Acquired from the Moscow City Government a $20 million residential project marketed to Fortune 500 Corporate

Users. Transaction generated $1 million sale profit with $1/4 million of initial equity.

The Stalcom Group PC (Real Estate Research/Banking/Restructurings) 1987 - 1994

Principal 1989 - 1994

Vice President 1987 - 1989

Organized a capital asset financial analysis and asset management firm to serve institutions and corporations. Services included: asset management, loan workouts, economic valuations (DCF), market investment analysis for new loan commitments, yield analysis (IRR), private placement memoranda, and management of non-performing REO portfolios.

• Personally qualified organization as an asset management advisor to the Resolution Trust Corporation (RTC).

• Negotiated payoff structure for several problem loans totaling $10 million for institutional portfolio.

Prior to 1987:

Lanid Corporation (Real Estate Development)

Director

Implemented start-up of a Planned Unit Development comprised of commercial, retail, residential and recreational land uses.

Responsible for project budgeting and cost control for all projects.

• Started up and managed $200 million Planned Unit Development (PUD).

• Directed asset management of existing PGA rated country club owned in joint venture.

• Corporate Analyst on real estate taxation and financial structuring of acquisitions and dispositions.

Integrated Resources Incorporated (Real Estate Finance & Syndication) Assistant Vice President

Recruited to organize acquisition procedures and analysis of a $2.6 billion national real estate property portfolio. Managed the physical operation developed maintenance and capital improvement programs approved major contracts and expenditures.

• Performed acquisition analysis and purchase negotiation of a $300 million Minneapolis City Center complex investment acquired for public offering.

• Evaluated, negotiated and executed pre-closing "due diligence" on the Amfac Twin Towers in Honolulu, Hawaii in five days.

• Developed capital asset improvement programs and implemented cost savings which generated increased asset yield .

DiLullo, Clauss, Ostroski & Partners (Real Estate Design/Construction/Engineering) Associate

Managed and directed the design and construction of multi-million dollar residential and commercial real estate projects. Completed on time with no cost overrun. Responsible for budget development and contract administration.

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• Projects included New Jersey's "Giants Stadium" and Meadowlands "Izod Center Sports Arena".

T.W. Moule - Staff Architect Township of Denville - City Planning Consultant

EDUCATION:

Montclair State University, NJ Newark College of Engineering (SOA), NJ Rutgers University, NJ

Graduate Studies Undergraduate Studies (NJIT) Non-Matriculated JD Studies

MA, Urban Studies and Policy Analysis BS, Architecture- 5 Year Degree Program Courses in Taxation

[Macro Economics- Grad Major] [Structural Engineering- Undergrad Major] [Intellectual Property]

CERTIFICATIONS: PROFESSIONAL AFFILIATIONS:

Licensed Professional Planner (Urban)- State of New Jersey #33LI00311400 American Institute of Architects

Registered Architect - State of New Jersey #21A0088990 NJ Society of Architects

Registered Architect- State of New York #019930-1 NCARB #36484

Registered Architect- State of Pennsylvania #RA012018B

NYC Department of Buildings Professional License # A13298

Chase (Manhattan) Credit Trained (Global Credit Class IX)-Integrated Resources 1980

OTHER SKILLS/EXPERIENCES:

Banking & Finance: Miser/OSI/Jack Henry/Fiserv/Signature/Moody’s/Sageworks ALLL/Basel Cecil Systems/Stress Testing (top-down & bottom-up), Yardi/Argus/Dynamis/Dynalease Software.

Investment Analysis: Quantitative Analysis: Linear/Multiple Regression and Optimization Cross-Tabulation Analyses

Software Analysis: Word/Excel/Powerpoint/Wordperfect/Lotus/Basic Machine Program-Flow Charting Language, Structural beam & column Moment/Shear Analysis/Soil Mechanics/Environmental Impacts.

Publications: “The Economic Impact of the Rockaway Townsquare Mall on the Urban Structure of Northern NJ.

Credit Training: Chase Manhattan Bank/Integrated Resources, Inc- Chase Global Credit Class IX (1980) – Chase created the first and only formal credit training program in the Country for Bankers which was instituted on June 22, 1970. The principles acquired from this training in “today’s investment terminology” were about investing; and about “return of capital invested (Loan Principal)” and “return on capital invested (Interest Income from Loan Principal Invested)”.

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