Uniondale, NY--- Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC and leader in the commercial real estate finance industry,announced the appointment of Louis Sarube (top right photo) to Vice President, Asset Management. Mr. Sarube is based out of the Company’s Uniondale office and reports to John Felletter, SVP, Asset Management.
As Vice President, Asset Management, Mr. Sarube is responsible for the overall analysis of Arbor Realty Trust’s (ART) loan portfolio. His primary responsibilities include loan valuation, restructure and workout of Senior, Mezzanine and Bridge loans. Other responsibilities include identifying and implementing value enhancement opportunities and coordinating loan activity with senior management, attorneys and outside auditors to ensure compliance with CDO requirements.
Prior to joining Arbor, he served as a Director, Real Estate Finance for UBS Investment Bank/Dillon Read Capital Management. In this role, he closed in excess of $1.2 billion in transactions and was responsible for originating, underwriting, structuring and closing commercial fixed rate, bridge and floating rate loans.
Before UBS Investment Bank/Dillon Read Capital Management, he served as President and Chief Executive Officer at LPS Real Estate Analyst Inc., where he performed complete underwriting due diligence for loans originated by UBS Investment Bank. He held positions previously with Parallel Commercial Capital, LLC and Aetna Life Insurance Company.
Mr. Sarube holds a B.S. in Accounting from Bryant University and resides in Tarrytown, NY.
Contact: Ingrid Principe, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/, Follow us on Twitter @ arbor1
No comments:
Post a Comment