Michael Castelli serves as a pivotal figure in the realm of commercial real estate (CRE) structured debt and underwriting at Blooma, Inc., where his expertise is instrumental in navigating the complexities of debt originations and portfolio management. With a strong foundation in cash flow modeling...
Michael Castelli serves as a pivotal figure in the realm of commercial real estate (CRE) structured debt and underwriting at Blooma, Inc., where his expertise is instrumental in navigating the complexities of debt originations and portfolio management. With a strong foundation in cash flow modeling and loan structuring across a diverse array of CRE asset types, Michael adeptly formulates risk identification and market research strategies that enhance the efficiency of analytics consumption. His role involves the meticulous development of complex financial underwriting models in Excel, which are essential for structuring loan offerings and accurately forecasting financials related to cash flows, project costs, tenant improvements (TIs), leasing commissions (LCs), and replacement reserves.
Michael's commitment to due diligence is evident in his thorough performance evaluations of third-party reports, loan documents, sponsor credit, collateral, and market conditions. His ability to compose comprehensive ASR and investment memos provides invaluable insights to credit teams and investors, highlighting key findings and mitigation strategies that inform lending decisions. His strong interpersonal communication skills and attention to detail facilitate effective collaboration with stakeholders, ensuring that all parties are aligned on project objectives and risk assessments.
In an ever-evolving market landscape, Michael's expertise in projection modeling and comparative market analysis empowers Blooma, Inc. to remain competitive and responsive to client needs. His proficiency in Argus modeling further enhances his analytical capabilities, allowing for a nuanced understanding of market dynamics and financial performance. As he continues to drive innovative lending credit strategies, Michael Castelli is a key asset to Blooma, Inc., contributing to the company's mission of delivering tailored financial solutions in the commercial real estate sector.
