Real Estate Service

DANIEL R. EISENSTADT

*** ******* ****, ***. ** 516-***-****

Rockville Centre, New York 11570 *****@*******.*** SUMMARY

A Commercial Mortgage professional with an underwriting and appraisal background. Skilled in a variety of areas including rate locks, broker relations, loan review/asset management, and pipeline control.

EXPERIENCE

PEOPLE'S UNITED BANK, New York, NY 2013 to June 2016 Vice President/Commercial Real Estate

A member of an inaugural New York City multifamily team that closed $2 billion in 4 years.

• Prepare and execute interest rate lock agreements for new multifamily loan transactions, including negotiating interest rates with customers, securing rate locks with Bank’s treasury desk, and overseeing the receipt of fees associated with each transaction.

• Provide Relationship Managers, customers and mortgage brokers with live pricing.

• Production and distribution of daily interest rate sheet for New York CRE.

• Create and manage a $250MM New York City multifamily originations pipeline for all rate locked and closed loans; contained an average of 50 loans.

• Perform site inspections for annual loan reviews, includes preparing FNMA site inspection forms for each asset.

• Conduct weekly multifamily interest rate surveys from competing banks.

• Daily interaction with Market Managers, Relationship Managers, Underwriters, Treasury Desk, Customers, Mortgage Brokers and Bank’s outside counsel. SOVEREIGN BANK/ SANTANDER, New York, NY 2005 to 2013 Assistant Vice President/Commercial Real Estate

• Prepared and executed FNMA interest rate lock agreements for new multifamily loan transactions, including negotiating interest rates with customers, securing interest rate locks with FNMA treasury desk, and overseeing the receipt of fees associated with each transaction.

• Reviewed approved loans for compliance with FNMA underwriting guidelines.

• Updated and maintained loan pricing model/pipeline for rate-locked and closed loans.

• Conducted annual reviews on commercial real estate loan portfolio: analyze and review customer financial statements, rent rolls and leases, recommend loan risk /credit ratings to senior management based on loan/collateral performance reviews, and assessment of guarantor(s) financial information and credit.

• Preliminary underwriting of extension option modifications: analyzed for feasibility, included review of loan documentation for extension option criteria, analysis of rent roll and income & expense statements for debt service coverage and assessed loan status and payment history.

Daniel R. Eisenstadt *****@*******.*** Page Two

SOVEREIGN BANK/ SANTANDER (continued)

Commercial Underwriter – Independence Community Bank (Santander) 2001 to 2005

• Analyzed $1B in commercial real estate loans throughout the New York City market with an emphasis on multifamily properties.

• Preformed property valuation, cash flow analysis, financial statement analysis, credit investigation and environmental risk assessment on multifamily and commercial loans with an average size of $5,000,000.

• Interact with Mortgage Brokers, Relationship Managers, Customers, Senior Credit Managers, Review Appraisers and Environmental Consultants. Independence Community Bank - Staff Commercial Appraiser 1997 to 2001

• Prepared over 50 portfolio and FNMA form appraisal reports annually of income- producing Multifamily and Commercial properties for new loan originations. GOODMAN-MARKS ASSOCIATES, Mineola, NY 1993 to 1997 Staff Commercial Appraiser

• Prepared over 100 full narrative and preliminary appraisal reports annually of income- producing properties for real estate tax certiorari cases and mortgage purposes.

• Prepared appraisal reports submitted into evidence for real estate tax reduction court cases.

EDUCATION

Bachelor of Arts, Political Science, State University of New York at Fredonia PROFESSIONAL DEVELOPMENT

New York State Licensed Appraiser

COMMUNITY SERVICE

English Speaking Union & International Center, New York, NY. English conversation tutor.

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