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JORDAN C. PAUL, Chairman
and CEO
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Mr. Paul is the Chairman
and CEO of
Aquila Property Company, Inc. He has extensive experience in building,
financing and operating real estate investment and asset management
companies and is recognized as a leader in the field of commercial
real estate acquisitions and turnarounds. Mr. Paul has raised in
excess of $1 billion in capital for both private and public companies
he has run via public equity offerings, debt securitizations and
privately negotiated credit lines.
Mr. Paul
previously served as a Managing Director for Allied Capital, a $4
billion publicly traded investment company that was one of the United
States leading purchasers of CMBS “B-Pieces”. Mr. Paul served as a
member of Allied’s real estate investment committee and was directly
responsible for overseeing all Special Servicing and Asset Management
activities related to Allied’s commercial real estate portfolio which
included subordinate positions in approximately $55 billion of
securitized commercial real estate loans. Prior to joining Allied, Mr,
Paul was the President of Llama
Capital Mortgage Company, a $250 million real estate finance company.
Prior to joining Llama, Mr. Paul was an Executive Vice President at
Ocwen Financial Corporation where he founded Ocwen’s REIT, commercial
asset management and commercial distressed debt investment
businesses. Mr. Paul developed a 100-person operation for Ocwen that
originated and acquired over $2.5 billion of commercial real estate
investments, including: office buildings, retail centers, apartment
complexes, distressed debt, mezzanine loans, and subordinated
commercial mortgage backed securities. During Mr. Paul’s tenure,
Ocwen was ranked by Real Estate Alert as the top purchaser of
distressed assets in the United States. Additionally, Mr. Paul
developed a commercial special servicing division that became, at the
time, one of just five groups nationwide to receive Standard & Poor's
highest ranking as a Strong Special Servicer.
From 1990 until 1993, Mr.
Paul was an associate with the Philadelphia law firm of Wolf, Block,
Schorr & Solis-Cohen where he specialized in real estate and
bankruptcy law. Prior to joining Wolf, Block, Mr. Paul ran the
Philadelphia office of the Travelers Insurance Company’s Real Estate
Investment Division.
Mr.
Paul holds a BS in Finance and Management from the Wharton School of
the University of Pennsylvania and a JD (Cum Laude) from the
University of Pennsylvania Law School where he served as Editor of the
Law Review.
Contact:
jordpaul@msn.com |
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THOMAS P. WEBER, President
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Mr. Weber is a principal at Aquila. He has extensive
experience in real estate acquisitions, finance, valuations, due
diligence, management,
leasing and dispositions. Mr. Weber recently held the elected
position of Chairperson of the Council of Executive Officers
(CEO) in Coral Springs Florida. He is also an elected Board
Director of the Palm Beach County Business Development Board (BDB).
The CEO and BDB Groups both interact with local and out of state
businesses and government entities to promote a healthy business
environment.
Mr. Weber is also the President of Aquila Commercial
Realty Corp., a Florida Real Estate Brokerage firm.
Prior to forming Aquila, Mr. Weber served as Vice
President in charge of Underwriting for Llama Capital Mortgage
Company, a subsidiary of
Llama Company, an Arkansas-based investment bank.
From 1993 to 1998, Mr. Weber served as Vice
President for Ocwen Financial Corporation where he was one of
the founders of its commercial
real estate asset acquisition unit. Mr. Weber had primary
responsibility for underwriting, designing computer models and
negotiating over $1.5 billion of transactions that helped make
Ocwen one of the United States’ leading purchasers of distressed
assets during that period.
Mr. Weber was also given primary responsibility for
identifying and analyzing international distressed real estate
opportunities including those in Canada, Asia and Europe. From 1989 to 1993, Mr. Weber
worked at Preferred Realty where he had primary responsibility
for valuing, negotiating, acquiring and managing commercial real
estate projects for private investors. From 1984 to 1989, Mr. Weber
worked for financial institutions in Florida where his primary
focus was analyzing and underwriting construction and permanent
loans for commercial real estate.
Mr. Weber is highly proficient in the Argus Cash
Flow modeling system and Excel. He received his BA Degree in
Finance from Texas State
University and holds a degree in Electrical Engineering from the
Florida Institute of Technology. Mr. Weber holds a Real Estate
Brokerage License and a Mortgage Brokerage License in the State
of Florida.
Contact:
tweber@aquilaproperty.com
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PATRICK TOOMEY, Vice
President
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Mr. Toomey overseas
the Acquisition and Property Management Departments. He has
held several positions in the corporate real estate industry,
including Vice President of Acquisitions, Director of
International Project Management and Director of Research.
Prior to joining
Aquila, Mr. Toomey was the co-founder and Managing Partner of
Sovereign Advisors, LLC. Sovereign was a US-based domestic and
Caribbean real estate advisor and due diligence company focused
on loan underwriting, pre securitization file due diligence and
servicing systems support.
While at Sovereign, Mr. Toomey worked with the luxury
golf course community developer, Medallist Developments.
Medallist is a joint venture between legend golfer Greg Norman’s
Great White Shark Enterprises and Macquarie Bank, Australia’s
largest investment bank.
Mr. Toomey was responsible for golf course and residential land
acquisitions, golf course community feasibility analysis and
financial modeling.
Between 1994 and
1999, Mr. Toomey developed and managed the Real Estate Research
Department for Ocwen Financial Corporation. During this time
period, his department directed the research on more than $5
billion in commercial and residential market research. Mr.
Toomey’s economic models were used to determine the market risk
associated with the fifty largest metropolitan areas in the
U.S. Such models were then used as a guideline for Ocwen’s loan
acquisition program. From 1999 to 2001, Mr. Toomey served both
as Director of Portfolio Surveillance and Director of
International Project Management. During this period, he
managed the sale of a $1 billion non-performing loan portfolio
for the Jamaican government. To date, this is the largest loan
sale transacted in the Caribbean.
Mr. Toomey has
authored numerous publications on topics including sub-prime
loan acquisitions, economic research and market analysis. His
international experience includes work in the Caribbean, Latin
America, Canada, Mexico and Korea. He holds Bachelors Degrees in
Economics and Finance from the University of Michigan and a
Masters of Business Administration from the University of Miami.
Contact:
ptoomey@aquilaproperty.com
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