Mr. Luciano is responsible for managing all aspects of the Fund's loan processing and underwriting. Mr. Luciano oversees all originations, underwritings, and closings for CFA's bridge, mezzanine, joint venture, and preferred equity investments. In addition, he also presides over the CFAs loan committee meetings and chairs the CFA's risk management committee. Since March 2006, Mr. Luciano has been the Chief Underwriter and Executive Vice President of a high yield real estate private lending fund, Prime Equity Group. In the past year with Prime Equity Group and one of its affiliated companies Mr. Luciano has underwritten and closed in excess of $100,000,000 in commercial real estate transactions. Mr. Luciano presides over all loan committees and serves on Prime Equity Groups Risk Management Committee. Mr. Luciano began his career in 1980 with Mark Shron & Company, a Long Island based accounting firm primarily serving the real estate industry. From there he moved onto to work for one of that firm's largest clients, Harbor Management Company. While at Harbor Management, he directed 25 property managers and staff overseeing the operations for approximately 2,000 residential units, and other income producing properties in and around the New York Metropolitan area. After Harbor Management, Mr. Luciano worked at Pierce Urstadt Meyer & Greer as a commercial leasing broker in New York City. In 1987, Mr. Luciano joined Dorman & Wilson, Inc., a White Plains based mortgage banking company as their Manager of Portfolio Administration, which was later acquired by Legg Mason Real Estate Services. Mr. Luciano's managed and oversaw the operations of a $5.2 Billion mortgage portfolio, while supervising a staff of 10 loan administrators. He was also responsible for all aspects of asset management including underwriting, loan workouts, collateral reviews, escrow fund releases, cash management, accounting reports for third party private lenders, and borrowers, and insurance compliance. Mr. Luciano earned a BA from State University of New York at Brockport School of Business. |