Nick Sanchez serves as the Senior Vice President and Commercial Real Estate Construction Officer at Zions Bank, where he leverages his extensive experience in commercial real estate (CRE) and commercial and industrial (C&I) lending to manage a robust portfolio exceeding $200 million. With a strong...
Nick Sanchez serves as the Senior Vice President and Commercial Real Estate Construction Officer at Zions Bank, where he leverages his extensive experience in commercial real estate (CRE) and commercial and industrial (C&I) lending to manage a robust portfolio exceeding $200 million. With a strong foundation in underwriting, portfolio management, and business development, Nick has established himself as a key player in the bank's strategic initiatives, particularly in the realm of owner-occupied commercial construction loans across Utah and Idaho.
In 2020, Nick successfully closed $75.2 million in new construction loans, with an average loan size of $10.7 million, demonstrating his adeptness in navigating complex financial landscapes. His performance surged in 2021, culminating in an impressive $141.6 million in closed loans, with an average loan size of $11.8 million. This remarkable growth underscores his ability to identify and capitalize on market opportunities while maintaining rigorous underwriting standards.
Nick's military background, including 18 months of deployment in Iraq, has instilled in him a profound sense of leadership and management that he applies to his role at Zions Bank. His skills in negotiation and sales management, combined with a strong command of financial analysis and accounting, enable him to foster strong relationships with clients and stakeholders alike. As he continues to drive growth within the commercial construction sector, Nick remains committed to delivering exceptional service and innovative financing solutions that meet the evolving needs of the market.