Real Estate Asset Management

BJORN BORGENHARD

Chicago, IL *****

786-***-**** **********@*********.*** linkedin.com/in/BjornBorgenhard Team oriented commercial real estate professional who personally mentored the successful and rapid growth of many organizations; recognized for exceptional ability to scale and manage business units and companies, create and implement successful business strategies, and form synergistic business alliances. Core Competencies

Leadership Asset Management Underwriting Origination Credit Operations Investments Mentoring Due Diligence Workout Multi-lingual

Career Highlights

MANAGEMENT OPERATIONS

§ Supervised and managed departments and teams overseeing workout, special asset management, financing, underwriting, valuations, operations, and accounting.

§ Managed the first international conduit securitizations, requiring close coordination between various business units, rating agencies and investors, including presentations for road shows and conferences.

§ Founded underwriting/origination team to become Canada’s largest commercial mortgage lender in two years.

§ Team Lead on various system integration and data conversion projects.

§ Trained and mentored associates throughout career in finance, real estate, workout, and underwriting.

§ Extensive experience engaging and managing third party professionals including attorneys, property managers, leasing and sales brokers, appraisers, engineers, and environmental consultants. FINANCIAL PORTFOLIO MANAGEMENT

§ Worked out, restructured, and resolved $10+ billion in distressed commercial property loans.

§ Originated, underwrote, and structured over $4 billion in commercial mortgage loans throughout North America.

§ Valued 30+ insolvent S&Ls for the RTC with $10+ billion in assets within 5% of ultimate disposition proceeds.

§ Expert level attribution analysis of property operations and financial statements.

§ Headed asset/liability strategies, securities trading/hedging, and liquidity management for $6 billion institution.

§ Designed and programmed asset management and reporting systems. Experience

Pinpoint Venture LLC Boston, MA / Chicago, IL 04/2017-Present Managing Partner

• Commercial real estate consulting and mortgage brokerage firm.

• Charged with business development, restructuring, underwriting and daily operations.

• Consulted with start-up companies on strategic and financial planning. Capital One Chicago, IL 12/2020-04/2025

Director Special Assets

• Resolved criticized and delinquent assets for the bank’s largest commercial real estate relationships.

• Restructured bridge, unitranche, participation, permanent, unsecured and letter of credit loans often involving SWAPS and CAPS to mitigate risks and maximize recovery.

• Implemented strategic solutions to improve asset performance and enhance profitability. 1st Service Solutions, Inc. Boston, MA 03/2016-03/2017 Managing Partner

• Negotiated loan restructures and assumptions with Special Servicers in the CMBS space.

• Settled numerous large loans for clients, providing financial solutions and guidance.

• Advocated for borrowers on loan requests, ensuring fair and favorable outcomes. Bjorn Borgenhard Page 2

LNR Partners, LLC Miami Beach, FL / Boston, MA 06/2003-06/2015 Senior Vice President Special Servicing & Investment Management

• Directed team of eight professionals handling up to 200+ distressed large commercial mortgage loans and consents across the US.

• Supervised underwriting, due diligence, and negotiation of investment structures for all CMBS B-piece investments.

• Achieved successful workout of distressed assets, resulting in significant financial recovery for the investors.

• Top producer of fee income and assets resolved.

Merrill Lynch 06/1995-12/2002

Senior Investment Officer, Global Principal Investments London, UK 06/2001-12/2002

• Led successful completion of $100 million office redevelopment project in Germany, collaborating with architects, contractors, and vendors.

• Analyzed many large development opportunities across Europe. Chief Credit Officer, Canadian Commercial Mortgage Conduit Toronto, Canada 06/1997-05/2001

• Co-founded the Canadian CMBS market, revolutionizing Commercial Mortgage Lending in Canada.

• Hired, trained, and led a team of 10 in credit, origination, and underwriting, originating $1 billion annually.

• Established Merrill Lynch’s reputation in the market with a long-term goal of growth and success. Regional Manager, US Commercial Mortgage Conduit Jacksonville, FL 06/1996-05/1997

• Built $500 MM lending pipeline from Merrill Lynch’s private, high net worth client network.

• Trained and managed a small underwriting team to handle the high volume of financing requests. Underwriter, US Commercial Mortgage Conduit New York, NY 06/1995-05/1996

§ Shaped underwriting standards for the CMBS industry.

§ Underwrote and structured loans for properties of all types in Midwest and South US. Pillar Real Estate Services Dallas, TX 06/1989-05/1995 Vice President Chief Financial Officer

§ Managed accounting and reporting functions for this special asset management and consulting firm.

§ Supervised property management of REO properties including multi-family, office, industrial and self-storage.

§ Took teams of professionals on 30+ assignments valuing insolvent S&Ls under tight deadlines. Education

Master of Business Administration (MBA), Finance and Banking University of San Francisco, San Francisco, CA

Bachelor of Science (BS) in Business Administration, Summa Cum Laude University of San Francisco, San Francisco, CA

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