Connolly Resume

Michael K. Connolly

see above for contact info

QUALIFICATION SUMMARY

A seasoned and energetic professional with 20+ years of commercial real estate investment and leadership experience with both institutional and private financial companies; experienced in a variety of lending and investment capacities, encompassing all property types and transaction structures, including construction/development.

Summary of Past Capacities

• Strategic Planning and Budgeting

• Program & Process Management

• Sales & Marketing Management

• Deal Structuring & Negotiation

• Loan & Investment Origination

• Loan Modification/Restructuring

• REO Management/Disposition

• Asset & Portfolio Management

• Underwriting & Due Diligence Analysis

• Appraisals, Market & Feasibility Studies

ACCOMPLISHMENTS

Leadership/Management

• Developed sales & marketing strategies, compensation plans, budgets and facility management for five regional production offices.

• Provided special projects support including strategic planning, organizational structuring & compensation planning.

• Developed and implemented long-term financial planning and consultation to a high-growth local development company including budgeting, cash flow management and investor reporting; portfolio in excess of $150 million.

• Managed national CMBS loan production for 5 regional offices, providing marketing support, program guidance and deal qualification assistance.

• Deliberated on over $750MM in commercial mortgage opportunities as a member of Loan Committee over a 2½ year period.

• Provided guidance and mentoring to junior team members throughout professional career.

Portfolio Management/Underwriting

• Managed an $85 million portfolio of commercial real estate loans and REO properties, including the modification of numerous pre-existent troubled loans.

• Managed all aspects of REO holdings from foreclosure to disposition; contributed to development of REO Policy & Procedure Manual.

• Managed key commercial real estate lending relationships while with Fifth Third Bank with a total portfolio size in excess of $150MM; including construction and term loans as well as lines and letters of credit; transaction sizes ranging from $1 to $40 million.

• Developed and managed underwriting and origination programs and processes to ensure high credit standards as well as efficient transaction flow; managed and mentored underwriters, originators and analysts in the nuances of these programs/processes.

• Automated and maintained books and financial records for over 20 affiliated entities of local retail property developer, including cash-flowing properties, construction projects and land holdings.

Business Development/Origination

• Continually exceeded origination goals for commercial banks, credit/finance companies and CMBS lenders.

• Generated over $1.5B in loan opportunities and have closed $40MM in loans over the last 15 months with First Bank Illinois.

• Originated, structured and presented $50+ million in loans during first year with Fifth Third Bank’s commercial real estate division, including both construction and term loans.

• Managed all aspects of transaction capitalization for a local retail property developer including placement of over $60 million in acquisition and construction financing over 2 years; deal sizes ranged from $1–20+ million.

• Originated over $160MM in CMBS loan production through mortgage bankers, brokers & direct borrowers over an 18 month period.

• Negotiated and originated in excess of $85MM in highly structured bridge loan production for national finance company.

• Coordinated the development of a joint lending program between ITT Real Estate Services and a sister company within ITT.

• Assisted in the sale of two portfolios of loans and REO totaling $200M in book value while at ITT Real Estate.

CHRONOLOGY OF EXPERIENCE

FIRST BANK & TRUST CO. of ILLINOIS, Palatine, Illinois (national lender) 2007 - Present

Senior Vice President – Loan Officer

TREMONT REALTY CAPITAL, Chicago, Illinois (direct lender – structured finance) 2005 - 2007

Senior Director

5th 3rd BANK, Chicago, Illinois (regional bank) 2004 - 2005

Vice President – Relationship Manager III

V-LAND CORPORATION, Chicago, Illinois (local retail developer) 2003 - 2004

Chief Financial Officer/Director of Finance

COSMOPOLITAN BANK AND TRUST, Chicago, Illinois (community bank) 2001 - 2003

Vice President – Loan Officer

FIRST SECURITY COMMERCIAL MORTGAGE, Chicago, Illinois (CMBS lender) 1996 - 2001

SVP - Program Manager – Commercial Loan Origination

ITT REAL ESTATE SERVICES, Hoffman Estates, Illinois (national credit company) 1990 - 1995

Business Development Manager

Senior Investment Analyst

VMS REALTY PARTNERS, Chicago, Illinois (syndicator/developer) 1985 - 1990

Due Diligence Analyst

EDUCATION & AFFILIATIONS

DePaul University, Chicago, Illinois

Masters in Business Administration - Finance/Real Estate - 1994

Bachelor of Science in Commerce - Finance/Real Estate - 1982

Appraisal Institute, Chicago, Illinois

Various Real Estate Appraisal Courses

Licensed Illinois Real Estate Broker

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