David Schmidt
Seasoned commercial real estate executive with over 30 years of experience in mortgage origination, team leadership and strategic client relationship management
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About
Seasoned commercial real estate executive with over 30 years of experience in mortgage origination, team leadership and strategic client relationship management. Proven track record of generating over $3 billion of multifamily and senior housing transactions across FHA, Fannie Mae, Freddie Mac, Life Company and CMBS platforms. Proficient in MS Office (Word, Excel, PowerPoint) and Adobe Pro.
Experience
Senior Vice President - FHA Production Manager - Northmarq Capital - Dallas, Texas
(2015-01 - 2025-01)
- Managed the FHA mortgage origination team (6 individuals) which facilitated new transactions nationwide.
- Engaged in review and oversight of all FHA loans, including 221(d)(4), 223(f), 223(a)(7), among others.
- Responsible for the origination and screening of over $1.5 billion of FHA transactions.
- Assisted in the generation of new business which contributed over $40 million in revenue.
- Established critical relationships with production staff and clients across the country.
- Maintained strategic connections with FHA staff in regional production offices.
- Collaborated with the internal underwriting and closing groups to ensure optimum loan processing.
- Executed all Ginnie Mae security trades for the establishment of interest rates on transactions.
Senior Vice President - Walker & Dunlop - Dallas, Texas
(2013-01 - 2015-01)
- Responsible for direct origination of commercial mortgages with a focus on FHA, Fannie Mae and Freddie Mac.
- Senior level production member of a team of three originators focused on multifamily debt and equity deals.
- Originated a direct loan pipeline of over $115,000,000 of transactions.
- Established strong relationships with strategic clients in the Texas markets.
Senior Vice President - KeyBank Real Estate Capital - Dallas, Texas
(2009-01 - 2013-01)
- Led the multifamily permanent loan origination group for the central United States.
- Managed a team of six professionals with responsibility for all aspects of permanent loan production.
- Specialized in multifamily mortgage origination with primary emphasis on FHA, Fannie Mae and Freddie Mac.
- Served as FHA program manager from 2009-2011 growing the FHA mortgage production by 40% via teaming with originators throughout the entire KeyBank platform.
- Responsible for closing over $1 billion of multifamily permanent loans during my tenure.
Director - Red Mortgage Capital - Dallas, Texas
(2003-01 - 2009-01)
- Managed the Dallas regional office (5-7 individuals) for a prominent multifamily and senior housing lender.
- Specialized in originating multifamily and senior housing transactions via FHA and Fannie Mae.
- Originated and negotiated a relationship with a national brokerage company that led to a proprietary small loan program.
Principal - Lend Lease Mortgage Capital/AMRESO Capital - Dallas, Texas
(1995-01 - 2003-01)
- Led the Freddie Mac multifamily origination platform for a leading commercial mortgage lender.
- Responsible for managing the senior housing and affordable housing finance groups (8 individuals), with primary focus on FHA, Fannie Mae and Freddie Mac programs.
- Originated multifamily mortgage transactions via Fannie Mae, Freddie Mac, FHA and CMBS.
Vice President - Carey Kramer Company - Miami, Florida
(1987-01 - 1995-01)
- Originated commercial real estate loans in the southeast United States for a prominent mortgage banking firm.
- Provided financing solutions to clients utilizing Fannie Mae, Freddie Mac, CMBS and Life Company programs.
- Was instrumental in securing the Freddie Mac lender license and served as the primary Freddie Mac originator.
Education
University of Texas Austin, Texas
University of Texas at Arlington Arlington, Texas
