Episode 48: Signature’s Fall and the Future of Relationship Lending with Joseph E. Fingerman
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
Episode 48: Signature’s Fall and the Future of Relationship Lending with Joseph E. Fingerman
-
Narrated by:
-
By:
About this listen
Joe Koicim and Seth Glasser sit down with Joseph E. Fingerman, the former Senior VP of Commercial Real Estate Lending at Signature Bank and now President of Commercial Real Estate at Peapack Private Bank & Trust. Joe shares insights from his front-row view of Signature's sudden collapse in 2023, detailing the chaos of being caught in a "drive-by" seizure. He opens up about the experience of starting from scratch at a private debt fund before returning to traditional banking at Peapack, where he’s helping to build out a high-touch, relationship-driven lending platform in NYC.
This wide-ranging conversation dives into the risks of private debt, the challenges of today's rent-stabilized market, how relationship lending can still thrive, and the policy shifts needed to support multifamily owners. Joe unpacks where the lending market is headed and what borrowers must do to survive and adapt.
Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily
https://www.newyorkmultifamily.com
Reach out to us at: seth.glasser@marcusmillichap.com