Expert Details
Commercial Real Estate Lending, Banking, Finance, Brokerage
ID: 736387
California, USA
Expert's company is licensed with the California Bureau of Real Estate and for over 10 years was a licensed California Finance Lender. He provides services to banks, non-banks, and individuals in need of creative financing solutions. With over 30 years of experience in banking and real estate, his market knowledge and transactional experience has allowed him to work in a consulting and expert witness capacity for many clients over the years. As an active lender in the industry, Expert stays updated on customs and practices and has transacted hundreds of real estate and non-real estate loan negotiations in times of economic growth as well as downturns in the economy. His extensive credit background arms him with the understanding of how banks and other lenders operate internally. Expert has over 15 years of expert witness experience with consultations, deposition, and courtroom testimony. At present, he has been designated over 250 times in 25 different states.
Areas of Expertise:
Lending Policies, Custom and Practice/Lender Liability
Broker Standards of Care and Fiduciary Responsibility
Loan Underwriting and Credit Administration
Loan Process and Bank Loan Restructure/Workout Process
Note Valuations/Collateral Review
Litigation and Discovery Consulting
Bank Operations
Construction RE Lending
Expert reports adherent to Federal Rule 26
Loan Syndication/Secondary Market Loan Sales
Title Insurance Cases
Hard Money Loans
SBA Loans
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1985 | Degree: BA | Subject: Philosophy Major with a minor in Economics and Accounting | Institution: Pomona College |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2020 to Present | Employer: Undisclosed | Title: Principal Expert | Department: Real Estate Expert Witness |
Responsibilities:Key Expert Witness in cases relating to Commercial Real estate: Bank’s and Regulatory Policies and Procedures, Standard of Care, Customs and Practices, Underwriting, Servicing and Liquidation, Interest Rates, Credit Scoring Impact on Lending, Hard Money Lending, Cross Collateral, Broker Qualifications and Fiduciary Responsibility, Interest Rates and Loan Availability, Predatory Lending, Standard of Care and Loan Administration, Construction Financing/Fund Control, Lender Liability, 7A Loan Liquidation, Loan Underwriting and Servicing, Impact of Guarantor on loan approval, SBA SOP & Customs and Practices in SBA Lending, Brokerage Customs and Practices, Real Estate Valuation, Asset Valuation, Acquisition and Disposition, Requirements of a Lender and Broker making loans, Mortgage Servicing, Covid related financing |
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| Years | Employer | Title | Department |
| Years: 2009 to 2020 | Employer: Market Street Consulting Group | Title: President and CEO | Department: Real Estate |
Responsibilities:Expert was the founding partner of a licensed and bonded California Finance company. The company's primary focus was to provide commercial real estate loans in all asset classes. The company also provided expert witness and consulting services in bank-related cases. These cases primarily involve commercial real estate transactions and SBA loans for both banks and non-bank clients. |
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| Years | Employer | Title | Department |
| Years: 2015 to 2020 | Employer: Market Street Homes | Title: Partner | Department: Acquisitions |
Responsibilities:The company's primary focus was residential redevelopment in San Diego, CA, and Portland, OR. |
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| Years | Employer | Title | Department |
| Years: 2015 to 2020 | Employer: Market Street Realty Group | Title: Principal Broker | Department: Acquisitions |
Responsibilities:Expert has was the Principal Broker at this full-service brokerage representing buyers, sellers and real estate investors. |
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| Years | Employer | Title | Department |
| Years: 2001 to 2009 | Employer: Regents Bank | Title: Senior Vice President | Department: Real Estate |
Responsibilities:Expert was a member of the founding team. He served the bank as a manager of the bank's Real Estate Department, in which capacity he leveraged expertise in construction lending, SBA 504 loan structuring, participation loans, and loan brokering. His responsibilities included portfolio management, real estate underwriting, monitoring, and disbursement/underwriting forconstruction and tenant improvement loans. |
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Career Accomplishments
| Associations / Societies |
|---|
| North San Diego County Association of Realtors Pacific Southwest Association of Realtors National Association of Realtors |
| Licenses / Certifications |
|---|
| California Department of Real Estate (DRE) Licensed California Real Estate Broker |
Additional Experience
| Expert Witness Experience |
|---|
| He has been retained as an expert over 250 times in 25 different states to date. Expert has undertaken deposition experience 78 times, arbitration 16 times, and court testimony 32 times to date. He is also involved in several pending cases expected to go to trial. He has been retained as an expert in the following areas: Commercial Real estate: Bank’s and Regulatory Policies and Procedures, Standard of Care, Customs and Practices, Underwriting, Servicing and Liquidation, Interest Rates, Credit Scoring Impact on Lending, Hard Money Lending, Cross Collateral, Broker Qualifications and Fiduciary Responsibility, Interest Rates and Loan Availability, Predatory Lending, Standard of Care and Loan Administration, Construction Financing/Fund Control, Lender Liability, 7A Loan Liquidation, Loan Underwriting and Servicing, Impact of Guarantor on loan approval, SBA SOP & Customs and Practices in SBA Lending, Brokerage Customs and Practices, Real Estate Valuation, Asset Valuation, Acquisition and Disposition, Requirements of a Lender and Broker making loans, Mortgage Servicing, and Covid related finance issues. Percentage of cases retained by the plaintiff: 60%; by the defendant: 40%. |
| Training / Seminars |
|---|
| Financial Management for Treasurer of non-profit organizations Expert panel member for “CPA Continuing Education Courses” (sponsored by RSM McGladrey) Fundamentals of financial accounting Expert panel member for “What Every Small Business Owner Should Know to Improve Their Banking Relationship” Expert panel member for a seminar regarding bankers' criteria for construction companies as clients Guest presenter for commercial brokerage companies in the area of finance and investment opportunities in commercial real estate |
Fields of Expertise
SBA Lending, Hard Money Lending, construction lending, broker standard of care, broker ethics, commercial loan, loan underwriting, Collateral Review, banking, commercial banking, Banking Operations, title insurance, expert report, real estate acquisition, real estate finance, banking regulation, predatory lending practice, loan, mortgage lending, lending policy, real estate brokering, real estate syndication, real estate, commercial real estate economics, commercial real estate practice, commercial real estate, corporate banking