National Underwriter - Old Capital Lending
Paul Peebles has been arranging real estate financing for borrowers and institutional clients since 1987. Mr. Peebles, our National Underwriter at Old Capital, underwrites and structures all transactions handled by Old Capital through an array of sources including conduits, banks, life companies, Fannie Mae, Freddie Mac, HUD and private money lenders. His knowledge of the capital markets and his long term and deep relationships with the decision makers at the various capital sources is a competitive advantage for the client. He has closed over a $1 billion in real estate transactions. Mr. Peebles is a "deal maker." Prior to Old Capital, Mr. Peebles was affiliated with Merrill Lynch Capital Markets, World Savings Bank and ITT Commercial Real Estate. He is a graduate of University of Iowa. He is originally from Western Springs, Illinois. He is married and has one daughter.
Principal - SPI Advisory LLC
Senior Director - Old Capital Lending
Michael Becker has two roles in commercial real estate. He is affiliated with Old Capital Lending as a Senior Director of Mortgage Origination and a Principal at SPI Advisory LLC. SPI Advisory LLC owns and manages over 3000 apartment units in Texas. Mr. Becker heads SPI's Frisco, Texas office where he oversees all aspects of property operations, including asset management, property management oversight, accounting and taxation, capital improvement and renovation projects and investor relations. Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance. He is married and has two young children. Michael is a 15 year veteran Commercial Real Estate Banker and has originated and managed numerous portfolios of permanent and bridge loans in all major asset classes. Over the last 5 years of his banking tenure, Michael focused exclusively on multi-family properties, where he was the number one loan producer for his division at a Top 3 National lender for his last 3 consecutive years.
As a Portfolio Manager, Michael directly oversaw the management and financial performance of the countless C & B class Multi-Family properties he originated loans for. As a result, he accumulated an exceedingly diverse network of suppliers, contractors, consultants and service providers during his tenure. This gives him the ability to quickly and efficiently implement a breadth of value-added strategies for a fraction of the typical cost.