Summary
Overview
Work History
Education
Skills
Accomplishments
Affiliations
Timeline
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JAMES SOTOS

Long Grove,IL

Summary

Highly motivated and experienced commercial mortgage professional with over 30 years of sales experience with a proven track record of meeting and exceeding targeted goals.

Overview

38
38
years of professional experience

Work History

Director - Small Balance Loan Originations

Red Capital Group
Chicago, IL
09.2017 - 07.2019


Responsible for both FMAC, FNMA SBL Originations for the Midwest Region.

  • Cultivated and maintained close relationships with multifamily investment sales agents along with the brokerage community to create new opportunities for Red Capital's SBL platform.
  • Managed an extensive database of multifamily owners.
  • Communicated weekly with potential clients with direct calls and email updates.
  • Worked closely with processing and underwriting staff along with the closing coordinators in order to provide a seamless and timely closing process.
  • Executed Correspondent agreements with Essex Realty and Draper & Kramer Mortgage Bankers.
  • Attended various networking functions through professional and business organizations to promote and market Red Capital's SBL platform.

First Vice President Capital Markets

Marcus & Millichap Capital Corporation
Chicago Illinois
04.2005 - 08.2017

Responsible for training the investment sales brokers and assisting them with reliable and competitive financing for their clients.

  • Managed an extensive database of lenders across the state, including agency lenders, cmbs, life companies, single tenant, and local and national banks.
  • Origination experience includes extensive knowledge base of all lenders underwriting guidelines and cash flow analysis.
  • Developed and maintained relationships with local real estate agents.
  • Developed prospects for new loans by conducting 150 cold calls weekly.
  • Maintained professional customer interactions.

Vice President

Market Street Mortgage (Division of Net Bank)
Chicago Illinois
04.2001 - 04.2005

Head of Chicago Mortgage Division.

Platinum Award Winner: 2002, 2003, 2004

Vice President

Draper and Kramer Mortgage Corporation
Chicago Illinois
03.1984 - 04.2001

Multiple Award Winning Professional.

Top Producing Originator: 1985, 1986, 1987, 1988, 1989, 1990, 1991, 2000

Vice President National Loan Originations

READY CAPITAL LLC
Chicago , IL
11.2019 - 08.2022

Managed an extensive database of multi family owners and brokers in originating Freddie Mac SBL loans under the Ready Cap SBL License.

Communicated weekly with potential clients and brokers regarding all 4 lending platforms under the Ready Cap platform, SBL-Bridge-CMBS-FIXED RATE

2022 TOP PRODUCER WITH 100M IN LOAN ORIGINATIONS



Education

Bachelor of Science - Finance and Management

DePaul University
Chicago, IL

Skills

  • Extensive underwriting knowledge of all asset types, including multifamily, retail, single tenant, office and industrial
  • Extremely driven with a strong sense of urgency and accountability
  • Excellent time management and organizational skills in order to meet financing deadlines in a timely manner
  • Excellent ability and knowledge base to structure loans in a manner that is mutually beneficial to the customer and organization
  • Superior communication and relationship building skills
  • Extremely strong ability to work independently and efficiently
  • Ability to engage in self appraisal and seek continuous learning
  • Ability to maintain complete confidentiality and discretion in business relationships and exercise sound business judgement

Accomplishments

Marcus & Millichap Sales Achievement Award: 2008, 2013, 2014

Top 10 originator: 2010

Affiliations

Illinois Licensed sales person

Member of the International Counsel of Shopping centers

Member of the Rogers Park Builders Group

Member of the Lincoln Park Builders Group

Timeline

Vice President National Loan Originations

READY CAPITAL LLC
11.2019 - 08.2022

Director - Small Balance Loan Originations

Red Capital Group
09.2017 - 07.2019

First Vice President Capital Markets

Marcus & Millichap Capital Corporation
04.2005 - 08.2017

Vice President

Market Street Mortgage (Division of Net Bank)
04.2001 - 04.2005

Vice President

Draper and Kramer Mortgage Corporation
03.1984 - 04.2001

Bachelor of Science - Finance and Management

DePaul University
JAMES SOTOS