Worked with an European commercial bank who was attempting to re-establish its property lending business in the U.S. The bank has been in the property lending business, but exited it after experiencing some troubling loans in its portfolio. The bank wanted to resurrect the property lending business.
After preparing a risk tolerance analysis through interviews with senior management, we outlined a strategic plan addressing targeted geographies and property types, and the structure of the bank’s internal staffing needs and qualifications. The bank subsequently grew its property loan portfolio to USD4 billion from zero in about three years.