LDCRE is excited to welcome Paul Cronin to join its growing Commercial Real Estate MarketPlace. “Paul’s experience and thought process are a unique blend of entrepreneurial with formal lending experience from some of the top banks. It’s hard to find people that have that blend they are either one or the other, said Brendan Hotchkiss LDCRE CEO.
LDCRE streamlines commercial real estate acquisitions and financing via its MarketPlace which hosts over $1 Trillion in “for sale” Commercial Real Estate properties. Over 7,000 brokerage firms submit their listings to LDCRE.
Paul will head LDCRE’s Capital Markets team, which manages lender relationships, identifying new credit/investment opportunities, and transaction management on all financing engagements.
Most recently Paul was Executive Vice President and Head of Asset Based Lending & Restructuring at Santander Bank. Paul has held senior positions at Key Bank, First Niagara Financial Group, HSBC Bank, RBS Citizens, ABN AMRO Bank/LaSalle Bank, KPMG and EMO Oil.
Education: Paul has a Masters in Finance from University College Dublin, D.P.A. Accounting & Finance from University College Dublin, and B.Comm, Finance from University College Dublin.
As many much smarter ‘guys’ than me (and smarter women, too) are reviewing the last year; and struggling with Forecasts for 2019, at this time, there has been a lot of discussion about Fed Policy on rates and their impact.
We think some useful language, is to characterize ‘asset bubbles’ or the asset inflation that these policies may have created as a real thing. Actually, many are referring to this period as the ‘Bernanke-Yellen Asset Inflation’ period.
Mike Marmis is the Managing Director of YAM Capital, a Commercial Real Estate bridge lender. YAM Capital is a privately held bridge lending firm with a focus on lending to Arizona Commercial Real Estate. It offers structured and funded bridge loans from $2M to $50MM and prides itself in expediency and certainty of execution. YAM Capital is part of American entrepreneur and philanthropist Bob Parson’s YAM Worldwide group of companies.
LD: What career path did you want to take when you were in college?
LDCRE.com website hosts three separate companies that work together to best serve our community. LDCRE owns and manages the technologies and code powering the online marketplace. LDCRE Investments is a commercial real estate brokerage firm focusing solely on buy-side referral brokerage, connecting its registered investors to listing agents on matching investments. Leavitt Capital is real estate investment banking firm facilitating debt and equity capital for commercial real estate.