Mr. Ersoff is the President and Co-Founder of LMF. Mr. Ersoff has over 33 years of experience in the commercial real estate industry and mortgage lending business. Prior to the formation of LMF, Mr. Ersoff was the Global Co-head of the commercial mortgage group at UBS Securities LLC. While at UBS, the group originated approximately $10 billion of commercial mortgage loans, which included over $5 billion of conduit loans, stand alone large loans, balance sheet loans and mezzanine positions. Prior to joining UBS, Mr. Ersoff was a Managing Director at Credit Suisse where he was the Co-head of its commercial mortgage conduit group.
From 1996 to 2008, Mr. Ersoff was employed by Lehman Brothers as a Managing Director and was Co-founder and Co-head of its commercial mortgage conduit program. During his tenure at Lehman Brothers, the business was responsible for originating more than $34 billion dollars of commercial loans across 4,000 individual transactions that were packaged and sold in 46 separate pooled securitizations. Mr. Ersoff was directly responsible for the creation of the platform as well as the conception and implementation of the ongoing business strategy. He assembled an in-house team of direct originators and developed a national network of mortgage bankers and brokers. The group was one of the largest contributors of CMBS loans in the market by principal balance and the collateral still maintains one of the lowest levels of delinquency in the CMBS market to date. In 2006, Mr. Ersoff became the firm’s first real estate recipient of Lehman Brothers Chairman’s Award for Extraordinary Client Service.
Prior to Lehman Brothers, Mr. Ersoff was at Bear Stearns in its Real Estate Investment Banking Division. Mr. Ersoff began his career in commercial mortgage banking at the Mortgage Corporation of America. Mr. Ersoff graduated with a B.A. from George Washington University.
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