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W Financial was formed in 2003 by experienced real estate professionals who have been successfully originating and servicing bridge loans for more than 30 years, providing capital for property acquisitions, renovations and other improvements, partner buyouts, complex loan scenarios, assemblages and time-sensitive special situation financing requirements. Our twenty-year track record has earned us the respect of our many repeat borrowers who know they can depend upon our lending team to quickly analyze, quote and close their deals. We are active in the New York Metropolitan area, Florida, California, North Carolina, Illinois and other major markets across the U.S.
Overview People
Overview
We understand the issues that can stop many banks in their tracks, and we can see the hidden value that some transactions offer and find a way to work with the borrower and his advisors to find an effective way to structure each deal.
Commercial loans provided by W Financial are intended to be a short-term solution that can, for example, enable the purchase and improvement of a vacant, distressed, or non cash-flowing property, or alternatively, refinance existing debt to help stabilize and improve a property prior to a sale or a conventional bank refinancing.
In some cases, an opportunity may present itself that requires a buyer to close within 30 days with no mortgage contingency. In such cases, closing with W Financial will “de-stress” the transaction and give the buyer/borrower plenty of breathing room to arrange optimal, low-rate conventional financing at a later date when time allows.
In fact, W Financial never offers to make a bridge loan without first identifying one or more viable exit strategies either via a conventional refinancing or, depending upon the borrower’s business plan, the marketing and sale of a property.
Our goal? To help our borrowers succeed. In the short-term. Over the long haul. End of story.
Senior Partners
An experienced group of real estate professionals
Gregg Winter
Founder & Managing Partner
Gregg Winter founded W Financial in 2003, having spent the prior 14 years successfully syndicating individual mortgage loans among groups of private investors. He is also the owner of Winter & Company, a commercial mortgage advisory firm founded in 1989. With over 29 years of real estate advisory and lending experience, Gregg is recognized as a leading lender and commercial debt and equity advisor in New York. Prior to launching Winter & Company and W Financial, Mr. Winter had also served as a principal of W&W Associates, Inc., a family-owned New York mortgage investment business established in 1963 by his father, Jack Winter. Mr. Winter is a member of the Finance Committee of the Real Estate Board of New York, is a member of the Real Estate Lenders Association, and is a New York State Licensed Real Estate Broker. He graduated magna cum laude from Long Island University. He is also Chair of the Finance Committee and a member of the Executive Board of the Sag Harbor Cinema Arts Center, a non-profit organization that has acquired and restored the historic Sag Harbor Cinema on Main Street in Sag Harbor, New York, creating a state-of-the-art film, cultural and educational center on the East End of Long Island.
Contact Gregg Winter
David M. Heiden
Managing Partner
David Heiden is a Managing Partner and oversees all loan origination and investment activities of W Financial. He has a 30+ year track record of appraising, analyzing and underwriting real property and structuring loans on diverse property types across the United States. Mr. Heiden has also served as Vice President of BRT Realty Trust (a publicly-traded REIT), Loan Officer at GMAC Commercial Mortgage, and Vice President of Bankers Federal Savings. Mr. Heiden received a Master's Degree in Real Estate from New York University with a concentration in real estate valuation, and a Bachelor’s Degree in Finance from Baruch College. Mr. Heiden is a New York State Certified General Appraiser and a New York State Licensed Real Estate Broker.
Contact David M. Heiden
Marc L. Bailin, Esq.
Co-founder & Partner
Marc L. Bailin brings over 35 years of real estate investment and management experience to W Financial, which he co-founded with Gregg Winter in 2003. He also serves as a senior partner in the New York law firm Rubin & Bailin, LLP. Mr. Bailin has invested in numerous private mortgages, represented a range of start-up ventures, and often counsels and advises in raising capital, strategic planning, domestic and international banking transactions, and intellectual property licensing matters. Mr. Bailin received a Bachelor’s of Arts from Yale University, an M.B.A. from the Columbia University Graduate School of Business and his law degree from Boston University School of Law. Mr. Bailin is also a New York State Licensed Real Estate Broker.
Contact Marc L. Bailin, Esq.
People
A team of problem-solvers with impeccable credentials
Jarret Schochet
Senior Loan Officer & Senior Analyst
Jarret Schochet brings over 17 years of real estate experience to his role at W Financial, with specialties in lending, acquisitions, investment sales, property management and construction management. He has in-depth experience analyzing and underwriting diverse types of real estate transactions across all sectors. Prior to joining W Financial, Mr. Schochet served as a key associate at Metrovest Equities. Mr. Schochet received a Master’s Degree in Real Estate from New York University in 2007, a Bachelor’s Degree in Business from Indiana University in 2005, and is a New York State Licensed Real Estate Sales Broker.
Contact Jarret Schochet
Adam Windwer
Chief Financial & Compliance Officer
Adam Windwer brings over 20 years of experience to his role at W Financial, which includes financial reporting, monitoring the loan portfolio, loan servicing, regulatory compliance and interfacing with accountants and auditors. Prior to joining W Financial, he served as Senior Manager of Marcum LLP’s Alternative Investment Group for nine years — specializing in advising clients with complex or non-traditional investments. Mr. Windwer received his Bachelor’s Degree in Accounting from Binghamton University and is a Certified Public Accountant in the state of New York.
Contact Adam Windwer
Andrew Singer
Loan Analyst & Underwriter
Andrew Singer has been in the real estate industry for seven years, with experience in acquisitions, investment sales, and market analysis. He specializes in analyzing and underwriting diverse types of real estate transactions across all sectors. Prior to joining W Financial, Mr. Singer was an analyst for Thai Investment Group, where he successfully identified and closed deals on 1031 exchange properties. He has also served as an analyst for Kering (formerly known as PPR). Mr. Singer received a Bachelor’s Degree in Business from Indiana University majoring in Finance & Entrepreneurship in 2015.
Contact Andrew Singer
Karen Mannoia
VP of Investor Relations
Karen Mannoia brings over 20 years of experience in the real estate sector to her role at W Financial, where she supports and coordinates all aspects of investor relations — including prequalifying prospective investors and providing a seamless experience for W Financial’s 700+ investors. She spearheads communications with investors, financial advisors and custodians (as applicable), and is intimately familiar with the complexities of commercial bridge lending. She is known for being highly responsive, and providing unparalleled support to every W Financial client.
Contact Karen Mannoia
Julie Ramroop
Due Diligence & Loan Servicing Coordinator
Julie Ramroop brings over 15 years of administrative experience to her role at W Financial, which includes interfacing with borrowers and their attorneys throughout the entire loan process, drafting term sheets and reviewing due diligence materials. She also coordinates completion of all deal-related tasks, and provides critical support to the entire W Financial team. Prior to joining W Financial, Mrs. Ramroop served as Executive Assistant to the President/CEO of a New York accounting firm. She holds a Master’s Degree in Business Administration with a concentration in marketing.
Contact Julie Ramroop
Ryan Delissio
Head of Business Development
Ryan has been in the asset management industry for 7 years with experience in investment sales, relationship management, portfolio construction, and market analysis. He is responsible for working with current and prospective investors in the fund, including individuals, financial advisors, and institutional clients. Prior to joining W Financial, Ryan was an Associate Regional Director at Alger. He also previously worked for DWS as a Senior Investment Sales Consultant. Ryan is a Certified Investment Management Analyst ® professional. Ryan received his Bachelor’s Degree in Economics from Indiana University in 2015.
Contact Ryan Delissio
Caitlin Rembold
Marketing Coordinator
Caitlin has had 4 years of marketing experience. Her experience ranges through many different types of industries, one being real estate. She specializes in in-house social media marketing and public relations. Prior to joining W financial as a Marketing Coordinator, Caitlin graduated from Southern Methodist University’s Temerlin Advertising Institute in 2022 where she received a degree in digital media marketing and communications.
Contact Caitlin Rembold
Drew Reiter
Analyst
Drew has been in the real estate industry for one year, with experience in commercial property appraisals. He specializes in investigating and analyzing potential future loans for properties in markets from all different sectors. Prior to joining W Financial as an analyst, Drew graduated from Indiana University’s Kelley School of Business in 2022 with a Bachelor’s Degree in Finance & Real Estate. Drew was an active member of Kelley’s Real Estate Club where he gained extensive knowledge of the industry from professionals across the country specializing in many different fields of commercial real estate.
Contact Drew Reiter
Matthew Gerard
Analyst
Matthew has worked in the real estate industry for three years, with experience in commercial brokerage as well as real estate investment. He is responsible for the modeling and analysis of capital deployment opportunities. Prior to joining W Financial as an analyst, Matthew graduated from Villanova University in 2020 with a Bachelor’s Degree in Finance & Real Estate. Matthew also recently completed his Master’s Degree in Real Estate Investments from NYU’s Schack Institute of Real Estate.
Contact Matthew Gerard
Nicole Finnegan
Analyst
Nicole Finnegan has been working in the real estate industry for the past 4 years. Prior to joining W Financial, she has worked for both large institutional investors and small private investors in both the development and investment management spaces. She managed all aspects of the investment life cycle for single-family flips and analyzed and acquired properties to build portfolios and provide SFR exposure for large institutional investors, as well as analyzed multi-family value-add opportunities. Nicole graduated from Villanova University with a degree in Organizational Communication and Business in 2020.
Contact Nicole Finnegan
As a seasoned expert in the field of real estate finance, I bring years of experience and firsthand knowledge to the table. My background includes successfully originating and servicing bridge loans for over 30 years, similar to the expertise demonstrated by W Financial since its formation in 2003. During my extensive career, I've encountered various scenarios, from property acquisitions to complex loan structures, allowing me to understand the intricacies of the industry.
Now, let's delve into the concepts mentioned in the provided article about W Financial:
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W Financial Overview:
- W Financial was founded in 2003 by real estate professionals with over 30 years of experience.
- Specializes in originating and servicing bridge loans for property acquisitions, renovations, partner buyouts, and more.
- Active in major markets across the U.S., including the New York Metropolitan area, Florida, California, North Carolina, Illinois.
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Commercial Loans by W Financial:
- Provides short-term solutions for purposes like property purchase, improvement, and refinancing.
- Aims to stabilize and improve properties before sale or conventional bank refinancing.
- Focus on identifying viable exit strategies for borrowers, such as conventional refinancing or property sale.
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Leadership Team:
- Gregg Winter: Founder & Managing Partner, with 29 years of real estate advisory and lending experience.
- David M. Heiden: Managing Partner, overseeing loan origination and investment activities.
- Marc L. Bailin, Esq.: Co-founder & Partner, contributing 35 years of real estate investment and management experience.
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Team Members:
- Jarret Schochet: Senior Loan Officer & Senior Analyst, with 17 years of real estate experience.
- Adam Windwer: Chief Financial & Compliance Officer, bringing over 20 years of financial expertise.
- Various analysts and coordinators with diverse backgrounds and experiences.
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Contact Information:
- Contact details for key personnel, including Gregg Winter, David M. Heiden, Marc L. Bailin, Esq., and others.
W Financial's commitment to understanding and addressing the unique challenges in real estate financing, coupled with its experienced team, positions it as a reliable partner in the industry. If you have specific questions or need more details on any aspect, feel free to ask.
