Mr. Steinmetz has decades of experience in real estate lending, finance, acquisitions, ownership, dispositions, workouts and restructuring. He has successfully closed several billion dollars of loans covering a full array of transaction types, including conventional financings, refinancing and assumptions, taxable and tax-exempt bonds, 1031 tax-free exchanges and forward commitments and conversions. He has also been integral to the growth of Arbor’s small balance lending programs and its industry-leading lender status. Throughout his career, he has performed real estate advisory and consulting services and directed work-outs, reorganizations and disposition strategies, including a transaction involving a large telecommunications company’s 5,000-property portfolio.
Prior to Arbor, Mr. Steinmetz was employed at Centerline Mortgage Capital where he served in a similar capacity and directly contributed to the growth in the company’s multifamily lending business, helping it progress from $500 million in annual production to close to $3 billion within five years.
Mr. Steinmetz has a Bachelor of Science in Accounting from Brooklyn College and a Juris Doctor from New York Law School.