Berkadia has announced the addition of Managing Directors Tom Genetti and Scott Wilkie to its Mortgage Banking Team. Genetti will be based out of the firm’s Birmingham, Ala. office, reporting to Senior Managing Director Richard Levine, while Wilkie will be based out of the firm’s Columbus, Ohio office, reporting to Senior Managing Director Matt Napoleon.
Genetti joins Berkadia from BBVA Compass, where he most recently served as a Senior Vice President and was responsible for originating commercial mortgage loans for multifamily, student housing, office, retail and industrial properties in Alabama; Mississippi; Louisiana; Washington, D.C.; Northern Virginia; and Maryland. During his tenure at BBVA, Genetti successfully originated in excess of $1 billion in mortgage loan originations.
“The Southeast remains one of the strongest multifamily markets,” said Levine. “In Birmingham in particular, strong job growth and sustained rental demand have kept occupancy rates and effective rents high, making it especially attractive. Tom’s knowledge of Birmingham and the entire Southeast, and his origination experience, make him an invaluable addition to Berkadia and an established resource for clients looking to finance projects in the region.”
Wilkie joins Berkadia from Nationwide Insurance, where he most recently served as a Senior Investment Professional and was responsible for originating commercial mortgage loans for Nationwide’s general account portfolio and for its third-party partners through a national network of correspondent mortgage bankers in select markets across the United States. Wilkie managed both the internal teams and external partners responsible for the origination and portfolio management of commercial mortgage loans and was directly responsible for the origination of over $3.7 billion of loans for Nationwide.
“Over my 18-year career at Nationwide, I had the opportunity to experience all sides of the commercial mortgage loan business while working within all property types in markets across the country,” said Wilkie. “Columbus has a very strong and dynamic commercial real estate market with plenty of opportunity. I’m eager to join Berkadia’s incredibly strong mortgage financing platform and to expand our presence here in Columbus and across the region.”
