This episode has been sponsored by the well-regarded Property Management and Construction team at Pan American Properties. If you have Property Management or Construction needs, visit their website at https://papinc.com/.
This episode has also been sponsored by Neema Ahadian at The Neema Group. Neema is an exceptional investment sales professional in Los Angeles. Reach out to Neema directly at https://www.theneemagroup.com/.
Steven Ludwig has been actively involved in many facets of the real estate industry since 1994. He has significant experience in real estate acquisitions, dispositions, asset management, development, property management and capital sourcing for both public and private companies. Since 2003, he has founded a family of real estate companies, including Coastline Real Estate Advisors, Inc, Tasoro Products, Turnaround Solutions, and Veleta Capital, focused on real estate investment, property management, general contracting, building materials and real estate finance. Prior to founding Coastline, he worked for Colony Capital, a premiere, international real estate investment firm. At Colony, he focused on sourcing and underwriting new property acquisitions while maintaining asset management responsibilities across a wide variety of asset types. He received his Bachelor’s Degree in Business Administration with concentrations in finance and marketing from The Roberto C. Goizueta Business School at Emory University. In addition, he has been a “Big Brother” with Jewish Big Brother Big Sisters of Los Angeles for eight years and is an active participant and fundraiser for the Challenged Athletes Foundation.
Michael Derk is an Executive Managing Director at MMCC. Michael is responsible for securing commercial debt and equity financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources including, but not limited to agency lenders (e.g. Fannie Mae, Freddie Mac), commercial banks, CMBS lenders, life insurance companies, private and public funds and bridge lenders. Michael has more than 22 years of commercial real estate finance experience and has closed more than $4 billion in transactions. He specializes in structuring multifamily, retail and industrial products as well as other special purpose properties. During his career with MMCC, he has been honored with the firm’s National Achievement Award every year since 2005. He was also featured in Southern California Real Estate Magazine’s "40 Under 40" in 2004 and 2010. Mr. Derk achieved the highest revenue of all MMCC loan originators in California in 2004 through 2006, 2008 and 2009. He is a graduate of St. Bonaventure University, where he earned a bachelor's degree in accounting and finance. He also earned a master’s degree in real estate from the University of California, Los Angeles and studied abroad at Oxford University in England. He holds a sales license from the California Department of Real Estate and is a member of the Mortgage Bankers Association (MBA).
Links to people and organizations mentioned in the video:
Michael Derk Bio: https://www.marcusmillichap.com/advisors/michael-g-derk
Connect with Michael on LinkedIn: https://www.linkedin.com/in/michael-derk-307628148/
Contact Michael directly at [email protected]
Connect with Danny on LinkedIn: https://www.linkedin.com/in/steven-ludwig-16a346/