CommLoan recently hired Paul Mogote as Vice President of Business Development. He will help the company expand its Commercial lending platform in northern Texas and surrounding markets.
As CommLoan’s Vice President of Business Development, Paul is responsible for building relationships with referral commercial brokerage partners and borrowers, as well as generating loan opportunities through conferences, networking events and on-site visits. Paul will be leveraging his extensive network of existing and past relationships developed over many years of experience in commercial real estate lending and development in order to build the CommLoan brand.
“I am very excited to join a company with such a great platform that capitalizes on today’s technology and brings a fresh approach to a well-established segment of commercial real estate”, said Paul. “The CommLoan technology was something that I had been searching for and I believe it will revolutionize commercial lending. Like all great companies, the true strength can be found in the team of dedicated people that have innovated with passion and continue to work hard to build, refine and expand the technology and relationships with referral partners and direct borrowers. I am grateful to be a part of the team and look forward to contributing to the growth of CommLoan.”
CommLoan’s CEO Mitch Ginsberg is excited about the new hire. He says, “I’m thrilled to have Paul on board in the north Texas market. Paul has had a long and distinguished career in commercial real estate lending, and he will be a valuable asset in helping grow this market.”
Mogote was chosen for this role because of his skills and experience. He has specialized in financing multifamily and healthcare projects nationally for more than 28 years. He began his career in the early 1990’s in Los Angeles, California, where he was a leader in the successful growth and development of numerous companies’ FHA-insured loan programs. Prior to joining CommLoan, Paul also formed his own private investment company with a focus on JV development of multifamily and mixed-use projects, structuring debt and preferred equity and raising equity. Between 2011 and 2017, he held national, executive-level positions with KeyBank Real Estate Capital and Berkeley Point Capital. Through various roles, he has worked with small start-up companies, as well as national, multi-billion-dollar brands. He has been successful at loan origination, mortgage banking, sales, equity syndication, debt structuring, underwriting, operating efficiency ,and team building. Over the course of his financing career, Paul has worked in a variety of positions within the industry and participated in the origination of more than $1.2 billion in project finance. Paul remains a managing partner in multiple projects in various stages of development in Texas and Arizona. He lives in Frisco, Texas and enjoys spending time with his wife Abigail and their four children as well as rock climbing, fitness, and networking.