Glenn GrimaldiCEO at Naftali Credit PartnersSpeaker
Profile
As CEO of Naftali Credit Partners, Glenn Grimaldi will oversee credit investments for Naftali Group’s lending subsidiaries, including Naftali Shaked Partners II. In this role, Mr. Grimaldi will oversee originations, operations, asset management and manage the in-house credit team. He will also serve on the NSP II’s credit committee.
Prior to this role, Mr. Grimaldi was the Executive Vice President and Head of U.S. Commercial Real Estate for HSBC Bank, one of the world’s largest financial institutions. Mr. Grimaldi managed a portfolio of over $20 billion of mortgage investments in over 45 states across the U.S. In addition to his direct involvement in originations and approval of real estate investments, he oversaw a team of over 65 mortgage professionals in all the U.S. gateway markets.
Mr. Grimaldi has over 35 years of experience in commercial real estate finance and during that time has overseen or participated in the financing of over $100 billion of transactions in commercial real estate. He also oversaw the syndication of over $50 billion in commercial real estate financings with over 75 U.S. and international institutional partners. Mr. Grimaldi has a track record in setting risk strategy, underwriting and due diligence standards, and establishing and maintaining strong regulatory discipline with U.S. and other regulatory authorities.
Mr. Grimaldi has expertise in all mortgage products and property types including acquisition loans, bridge and construction financing, permanent financing, note-on-note financings and secured and unsecured credit facilities for: apartment buildings, office buildings, for-sale condominiums, hotels, retail centers and large mixed-use project finance.
Throughout his career, Mr. Grimaldi has built long term relationships with the brokerage community, international real estate owners, sovereign wealth funds, family offices, U.S. national and regional owners, and developers of commercial real estate.
Mr. Grimaldi holds an MBA from Indiana University’s Kelley School of Business.