Lance W. Haberin
Shelton, CT *****
Experienced Real Estate Industry Problem Solver
Commercial Loan Portfolio and REO Property Management Deliver Positive Bottom-line Results
Service-oriented executive solidly grounded in both accounting and investments. Effective team leader and persuasive communicator viewed as highly analytical, attentive to detail and committed to on-time delivery, while providing quality performance.
Areas of Expertise:
Legal Document Review and Negotiations Property Management Oversight
Real Estate Portfolio Monitoring Budgeting and Property Expense Control
Customer / Tenant Relations and Negotiations
Self Employed - Regina Mundi 2014 to Present
•Traveled to South Africa with a business partner to evaluate the financial viability of a cross boarder manufacturing joint venture and determine the hurdles in establishing a physical presence in the United States. Evaluated both production and financial controls of the manufacturing process and identified areas for improvement and implemented efficiencies to increase productivity with a positive impact to the financial bottom line and product delivery.
•Utilized my knowledge and experience to establish multiple partnerships for friends, family and other third party individuals. This included the formation of entities, establishment of accounting records with periodic review of financials, preparation of annual federal and state filings as well as preparation of annual tax return and partner K1 distribution.
•Guided a close friend through the winding up of a dairy farm operation and helped to identify Probate issue with his mothers death. Cared for this friend due to adverse reactions to medications while under treatment for his Kidney dialysis.
•Established a not-for-profit 501(c)(3) equine rescue entity, formation of corporation, file annual reports with federal and state governments, volunteer at the horse rescue.
THE ROYAL BANK OF SCOTLAND (RBS GREENWICH CAPITAL), Stamford, CT 2003 – 2013
Senior Vice President, Commercial Real Estate Finance
Negotiated $3B in commercial real estate financing facilities for 20 commercial structured finance funds, including following agreements: master repurchase, custodial, servicing and cash management. Led credit approval and collateral review process for each asset in financing facility, including underwriting, collateral structure, asset performance monitoring and collateral payoff. Oversaw all aspects of warehouse finance business from addition of new warehouse lines, client management, asset due diligence, underwriting, credit approval, pledging of individual assets and asset management / monitoring.
•Led asset / property management on real estate properties obtained through foreclosure.
oParticipated in negotiations of Deed in Lieu of Foreclosures and advised on internal legal structure, minimizing liability exposure and coordinating internal accounting and tax policies. Negotiated property purchase and sale agreements, transfer documentation and closing.
oIdentified and engaged 3rd party property managers depending on asset type, negotiating and documenting property management agreements. Interacted with property managers, resolving physical property issues for cost-effective solutions.
oReviewed monthly property financials, ensuring accuracy, approving annual operating and capital budgets, researching proposed leases and tenant improvement expenditure proposals, determining if accretive to property while approving all capital improvement expenditures and emergency repair costs.
THE ROYAL BANK OF SCOTLAND (Continued)
•Performed legal reviews of pledged collateral, ensuring proper assignments were obtained prior to financing.
oDelivered over 167 assets pledged on 20 financing facilities, totaling over $1.8B financed.
oManaged disposition of defaulted repurchase facilities with both sale of assets, negotiated settlements and foreclosures of repurchase lending facilities.
•Processed billing and collection for each financing facility, ensuring payments were made timely.
•Ensured borrowers’ compliance with reporting requirements under agreements, coordinated annual reviews of facilities with banks’ credit departments, prepared and reviewed quarterly asset performance of pledged assets, and made margin calls on borrowers based on terms of agreements.
oOversaw firms structured finance fund investments including documentation and review of investment documentation, subscription, partnership and pledge agreements, ensuring compliance with internal legal and credit committee approvals.
oReviewed fund investment / distribution on monthly / quarterly basis, maintaining compliance within respective documentation and proper internal accounting treatment.
oCoordinated transmission of investment fund information to credit, internal accounting, and tax departments, providing accurate documentation to internal and external auditors.
NOMURA ASSET CAPITAL CORPORATION (NACC), New York, NY 1994 – 2002
Director, Commercial Real Estate Finance
Managed commercial loan administration department, including loan funding, payment processing, equity investment accounting, and securitizations for company’s portfolio. Calculated dividend distributions of over $20M from subsidiaries on semi-annual basis.
•Contributed towards closings and securitizations during tenure:
oFirst Mortgage loans of 1,862, totaling $24.7B.
oConstruction / Renovation loans of 65, totaling $2.2B.
oPreferred Equity, Equity and Mezzanine transactions of 241, totaling $1.4B.
•Supported asset disposition activities by reviewing new and restructured agreements, including following agreements: loans, cash management accounts, and partnerships, ensuring final terms of loans, preferred equities and equity investments were properly accounted for.
•Reviewed and commented on draft legal documents prior to closing or funding of each transaction, verifying structure, terms and cash management procedures conformed to both company and rating agencies’ requirements.
•Partnered with accounting department, determining appropriate accounting treatment for equity transactions entered into by various subsidiaries.
•Designated as primary contact to 3rd party loan servicers, resolving questions regarding loan and cash management documentation.
Vice President, Real Estate Administration
Assistant Vice President, Real Estate Administration
Bachelor of Science in Business Administration (BSBA), Accounting,
American International College, Springfield, MA
Lance W. Haberin email@example.com Page Two