Insights From Over $2 Billion in CRE Loans Closed | Jon Gitman on The Lender’s Perspective

Partner of BridgeInvest since 2013. Jon oversees loan origination, underwriting and structuring at the firm in addition to oversight of the firm’s existing portfolio. In his role, Jon led the firm’s expansion into a nationwide debt platform with capabilities across the development and bridge lifecycles of transactions. While at BridgeInvest, Jon has closed over $2 billion of commercial real estate loans. Prior to BridgeInvest, Jon focused on acquisitions with Resource Real Estate (acquired by Blackstone) where he was charged with the deployment of a $1 billion private REIT focused on the acquisition and work-out of non-performing commercial real estate and real estate related debt throughout the United States. Jon is a graduate of the Wharton School at the University of Pennsylvania with concentrations in both finance and real estate.

TIMESTAMPS:
0:00 - Trailer
0:28 - What does BridgeInvest do?
6:38 - Jon’s journey into real estate
13:07 - Buying, selling, and financing notes
17:49 - How Jon landed at BridgeInvest
25:24 - Scaling and building BridgeInvest
30:02 - Biggest loan: Wake Biscayne Bay
38:12 - Current market conditions
50:52 - Insights for loans that are struggling
55:49 - Advice for young professionals
59:33 - Closing thoughts on Miami

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