We are excited to have Ted Chien Vice President of California Bank and Trust's REO Department and Bert Haboucha Managing Principal at Bibaco Realty Advisors. Bibaco focuses on advisory and asset management work for Banks, Special Servicers and litigation firms.
The panel discussion will be discussing:
- What is happening with banks and their REO properties?
- How to best look for and put a deal together with the banks for their REO properties?
- What the banks are looking for from buyers and agents?
- How do banks dispose of REO Properties and how do the work with CRE Agents?
- And More!
Anyone looking to do business or doing business with bank REO departments should attend this breakfast!
Register Now For This Event
Speakers
Ted Chien - California Bank and Trust
Vice President REO Deparetment
Ted Chien is currently Vice President for California Bank & Trust’s REO department. Prior to this position, Ted was managing a portfolio of commercial loans for the Bank’s special asset division.
Ted had a brief stint at Alliance Bank, a local community bank as Vice President and Special Assets Officer working through commercial real estate loans, small business loans and REOs.
Prior to Alliance Bank, he was an Asset Manager at iStar Financial, a publicly-traded Wall Street lender managing subperforming and nonperforming loans collateralized by large residential developments, hotels, and commercial properties in CA and HI.
Prior to iStar Financial, Ted was Vice President and Commercial Lending Officer between 2003 thru 2006 at Commercial Capital Bank, a $5 billion full service California bank. Washington Mutual eventually purchased the Bank in 2006.
After graduating from UC Berkeley in the early 1990s, Ted started out as an associate at Hanford Healy Companies, a local real estate asset management, investment, consulting, and appraisal firm based in San Francisco. Later, he held several positions as a property manager at Voit Companies (now Voit Real Estate Services), a senior underwriter of construction loans at Finova Realty Capital, a subsidiary of Finova Capital Corporation, a national lender providing commercial and specialty financing to middle-market businesses and as an asset manager at GMAC Commercial Mortgage in Irvine, CA.
Bert D. Haboucha - Bibaco Realty Advisors
Principal
Bert Haboucha is Managing Principal at Bibaco Realty Advisors. Bibaco focuses on advisory and asset management work for Banks, Special Servicers and litigation firms. In addition, Bibaco handles DIP financing for entities restructuring through bankruptcy.
Bert Haboucha recently worked as a senior consultant at OneWest Bank, primarily involved in working through a portfolio of distressed hotel assets on the West Coast and Hawaii.
Prior to OneWest Bank, Haboucha was Senior Vice President and region head at iStar Financial, a leading publicly traded finance company focused on the commercial real estate industry, as well as a member of the firm’s special advisory committee. Haboucha was responsible for the asset management of a large portfolio of structured finance commercial real estate assets. In addition, as a member of the special advisory committee, he provided guidance and was overseeing the management of underperforming or stressed loans.
Prior to joining iStar, as a part of the company’s acquisition of the Commercial Real Estate Division of Fremont Investment & Loan in July of 2007, Haboucha held the position of vice president and national manager of special assets at Fremont. Throughout Haboucha’s tenure with Fremont, he supported the growth of the portfolio from $100 million in loans located in California to the nationwide $6.5 billion commercial real estate portfolio that Fremont held in 2007.
He began his career at CIBC in Montreal and later moved to California, where he gained experience in bank liquidation. Prior to Fremont, he was with AMRESCO, RTC, and other institutions and was responsible for a diverse portfolio of distressed loans and properties nationwide.
Haboucha holds an MBA in corporate, structured finance, and real estate finance. Is a graduate of McGill University and Loyola/Sir George Williams (now Concordia University) in Montreal. He is a member of the Urban Land Institute (ULI) and the International Council of Shopping Centers (ICSC) and is a licensed real estate broker.