Eric Smith Named Managing Director of Loan Value Group

Loan Value Group LLC (LVG) has announced the hiring of Eric Smith as a managing director. As a senior sales executive, Smith will be responsible for overseeing the development of strategic partnerships with lenders, servicers and hedge funds in the promotion of LVG’s Responsible Homeowner Reward (RH Reward) program. With more than 25 years of experience in investment banking and the real estate industry, Smith joins LVG from KBS Strategic Opportunity REIT Inc., a public, non-traded REIT, where he serves on their board of directors. Prior to KBS, Smith held various senior sales positions at Credit Suisse, most recently as a managing director of structured product sales. Earlier at Credit Suisse, he managed the fxed income group in the firm's San Francisco office, where he supervised a team of professionals with sales coverage responsibilities for the firm’s clients in the Western United States. "We are extremely delighted to have someone of Eric’s experience and caliber join the team," said LVG Managing Partner Frank Pallotta. "Eric will help cultivate and drive the development of important strategic alliances with leading industry players that can benefit from LVG’s incentive-based RH Reward program."