MARYLAND
BETHESDA
Walker & Dunlop Inc. promoted executive vice president and chief operating officer Howard Smith to president.
Smith has been with the company for 34 years, holding a number of different roles, most recently that of chief operating officer.
As president, he will be responsible for all loan origination activities of the company and will continue to serve on the Walker & Dunlop board.
NEW JERSEY
ISELIN
REMN Wholesale hired Damon Richardson in the newly created role of renovation lending specialist.
One of Richardson's main duties with REMN will be educating brokers across the country on how they can utilize renovation mortgages to their advantage.
In addition to face-to-face training seminars and events, he will manage REMN Wholesale's weekly renovation lending webinar programs, designed to educate brokers and mortgage loan originators on how to promote and better understand the current renovation mortgage products on the market today.
PARAMUS
Urban Edge Properties appointed Herbert Eilberg to the position of chief investment officer.
Eilberg was previously senior vice president, acquisitions at Acadia Realty Trust, where he served as a member of the acquisitions team and was responsible for sourcing, underwriting and closing core and value-add investments.
Before joining Acadia, he worked in the real estate acquisition departments of The Milestone Group, Perry Capital and Soros Real Estate Partners.
NEW YORK
NEW YORK
Steve Cho has joined Greystone as a managing director.
In his new role, Cho will focus on building Greystone's CMBS presence in the Central states through Texas.
Cho brings to Greystone over 17 years of real estate experience in CMBS originations, distressed loan restructurings and dispositions, and private equity acquisitions.
Just prior to joining Greystone, he was a managing director at Royal Bank of Scotland and the sole CMBS originator in the Central region.
OHIO
CLEVELAND
Safeguard Properties promoted Michael Greenbaum to chief operating officer.
Greenbaum, who had previously served as vice president of operations, joined Safeguard in 2010.
Before joining Safeguard, he held senior management and executive positions with Erico, Accel Inc. and McMaster-Carr, and served in the U.S. Army, Ordinance Branch, specializing in supply chain management.
PENNSYLVANIA
TREVOSE
LoanLogics has hired David O'Malley as director of loan quality solutions.
As director of loan quality solutions, he will help to guide the product roadmap, as well as spearhead and manage the technology evaluation stage of the sales process.
Prior to joining LoanLogics, O'Malley served as director of business development for quality assurance and quality control for Kroll Factual Data and was responsible for expanding the company's market share.
Prior to assuming his responsibilities at Kroll in 2012, he served as president of ACES Risk Management Corp., where he worked for 20 years.
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