17 Rogers Street, Gloucester, MA. 01930
(T) 978.283.9208
(F) 978.283.1227

 

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About Rockport Mortgage

 

Our People

 

George F. Lieser | Joseph J. Mueller | Daniel P. Lyons | Eric Lubershane | Chip Smith
Robert T. Milanette | Linda Pellegrino | Richard Fischer | Ryan Mueller | Michael Byrnes
Dirk Falardeau
| John Dromey | Diane Souza | Rozanne Santuccio | Meagan Marrone

 

 
Joseph J. Mueller
President

Joseph Mueller is the C.E.O. and co-founder of Rockport Mortgage Company together with Mr. Lieser. An industry veteran, Joe is well known to HUD offices nationally.

Joe began his career with the U.S. Government in 1975 as an Economist for the Department of Commerce in Gloucester, Massachusetts. By 1981, he was President of a company that designed and implemented financial and credit analysis systems for money center banks and Fortune 500 companies. The company's success can be measured by the fact that the National Association of Corporate Credit Managers adopted this analytical systems the industry standard. This 45,000 member association now markets this system under the Association's name to its members.

In 1985, Joe joined the GMAC Mortgage Corporation in St. Louis, Missouri as a Vice President. Joe was responsible for the origination of FHA, FNMA, and GMAC securitized loans. He also directed major hardware and software acquisitions and development programs for GMAC's 16 income property offices.

Coincidentally with George, Joe moved to Reinlein/Lieser/Mcgee as a Vice President in 1988 where he continued to build his lending expertise. He worked with a wide variety of loan structures including conventional, tax-exempt, credit enhancements, and participating loans.

Joe attended St. Louis University and has a BS in Economics and achieved a MS in Economics at Cornell University in 1973. He completed an MBA at Suffolk University in 1979. Joe is a member of the Mortgage Bankers Association, the National Multifamily Housing Council, the National Housing & Rehabilitation Association, and the National Apartment Association.

He has published several articles in economics and operations research journals.

In Rockport, Massachusetts where Joe lives, he is the chairman of the St Joachim's Parish Finance Committee, is a member of the Town of Rockport's Affordable Housing Committee, and is a member of the Town of Rockport's Housing Partnership. Joe is married and has three children.

 
Daniel P. Lyons
Executive Vice President

Dan brings to the business over 15 years of combined HUD and mortgage lending experience. Mr. Lyons joined Rockport Mortgage Company in 1996 and is now a principal. He participates in all phases of deal structuring, loan origination, underwriting, processing and closing. Dan has closed over fifty transactions and $400M worth of business for RMC since joining the team. Dan specializes in recapitalizing HUD's assisted portfolio, but also has financed market-rate housing, nursing homes and market-rate and affordable assisted living facilities.

Having begun his career at the U.S. Department of Housing and Urban Development (HUD) in Boston, Massachusetts, he has direct insight into the issues and processes associated with successfully closing multi-family loans. His responsibilities at HUD as a multifamily housing representative included advising and coordinating of participants of the Federal housing programs for new and rehabilitated properties and assurance of compliance with HUD regulations. At Rockport Mortgage his is currently managing a pipeline of pending loans in excess of 200 million dollars.

Mr. Lyons holds a BA in Political Science from Assumption College, Worcester, MA and an MA in Community and Economic Development from New Hampshire College, Manchester, NH.

Mr. Lyons resides in Rowley MA with his wife and two children.

 
Eric Lubershane
Senior Vice President

Eric began his career in 1976 and has been a real estate appraiser and counselor over the last 30 years. He has specialized in multifamily residential properties, with a particular concentration in affordable and senior housing options. Having worked for Dolben Appraisal and Consulting in the Boston area since 1978, he founded Lubershane Associates, Inc. in 1995 with the purpose of expanding the counseling aspect of his practice. His appraisal and counseling assignments have encompassed over 500 multifamily properties with a valuation of over $3,000,000,000. Eric is a member of the Appraisal Institute (MAI) as well as a member of the Counselors of Real Estate (CRE).

While Eric participates in all phases of deal structuring, he is predominantly focused on maintaining a responsive, high quality and efficient underwriting process as our firm continues to grow.

Eric has a BS in psychology from the University of Illinois and has attended numerous seminars and educational programs including those at the Harvard University School of Design and Professional Development and the Lincoln Institute of Land Policy. He has been a faculty member in real estate appraising for the Appraisal Institute and a faculty member at the Bentley College Real Estate Program. In addition, he has served on the Advisory Board of the Appraisal Journal.

 

George F. Lieser

Chairman

George Lieser is a twenty-five year veteran of the Real Estate industry and has been the President of Rockport Mortgage Corporation (RMC) since its inception in 1992. Having served in all facets of the business, George has contributed a depth of industry experience to the success of RMC. His superb business management skills are reflected in the profitable track record of the firm and the continuity of its personnel. Rockport Mortgage has closed approximately $1 Billion in mortgage transactions.

George began his career in St. Louis, Missouri at the Pantheon Corporation where he was responsible for Multifamily Real Estate Development and Property Management. While in St. Louis, he broadened his experience to include public housing and urban redevelopment with his next two employers - Midtown Medical Center Redevelopment Corp where he specialized in Federal Block Grant Applications and Mercantile Mortgage Company where, as a Vice-President, his responsibilities included origination of HUD insured project loans for apartments and healthcare properties on a national basis. From 1979 to 1983, George was Mercantile's leading production officer.

A move to GMAC Mortgage Corporation in 1983 prompted a personal move to the Northeast. George opened the GMAC office in Boston, Massachusetts as a Senior Vice-President and managed the National Finance Department's Boston, St. Louis, and San Francisco offices. In 1988, George and two partners raised $2.15M in capital and formed a company that acquired the HUD Lending Division of GMAC. As a managing partner of Reinlein/Lieser/McGee, George managed the company's loan production and marketing activities that produced $400M in loans for apartments and healthcare properties. In this capacity, he shared responsibility for the operations of the company including underwriting and loan servicing. His skill set also includes extensive work in Market Analysis and Economic Feasibility for Assisted Living facilities, Nursing Homes, and Apartment properties. George has personally closed over $1.5 Billion in mortgage transactions.

George maintains a full schedule in his professional affiliations and his community service. He is an active member of the Mortgage Banking Association. He is a dedicated Member of the Board of the Cape Ann YMCA where he has recently completed a 3-year Presidency and led the effort to develop Teen Centers in Gloucester and Rockport. He is also the First VP and Board Member of the North Shore Regional YMCA. Mr. Lieser was recently given a recognition award for his outstanding service to the YMCA.

George attended Boston College and has a BA in Political Science and MA in Urban Affairs from St. Louis University. He is married and has two children.

 
   
Chip Smith
Vice President

Vice President, joined Rockport Mortgage Corporation in 1999. Chip specializes in the financing of healthcare facilities including skilled and intermediate level nursing homes, assisted living facilities, and other senior housing for both profit-motivated and non-profit owners and operators. Chip participates in all phases of loan origination and loan processing.

Prior to joining Rockport Mortgage, Chip's experience included six years with Arthur Andersen as a Certified Public Accountant in their Audit and Business Advisory division where he advanced to the level of Manager. He also spent 2 years as the Corporate Controller of a software company. Other employment included direct experience in the origination of single-family mortgages and custody accounting at a large custodian bank based out of Boston.

Chip holds a BA in Management from Assumption College, Worcester, MA and an MBA/MS in Accounting from Northeastern University, Boston, MA. He earned his C.P.A. license in 1994.

Chip resides in Gloucester, MA with his wife and two children.

 
   
Robert T. Milanette, Esq.
Vice President

Rob Milanette joined Rockport Mortgage Corporation in 2005, and now participates in the structuring, origination, underwriting, processing and closing of a wide range of commercial real estate transactions, with a particular focus on multifamily and affordable housing projects.

Prior to joining Rockport, Rob was a practicing attorney for more than seven years at two of Boston’s premier law firms. In three years of practice as a corporate lawyer with Foley Hoag LLP, Rob’s experience included representing public and private companies with respect to a wide range of business transactions; counseling companies on ongoing corporate matters, including compliance with corporate law and securities laws; drafting and negotiating operative mergers and acquisition documents; and drafting and negotiating term sheets and operative documents for multiple rounds of private equity financing and bridge financing. In addition, during his more than four years as a litigation associate with the law firm of Kirkpatrick & Lockhart Nicholson Graham LLP, Rob broadened his legal experience through his representation of a diverse group of companies and individual clients in complex commercial litigation matters, including lawsuits involving intellectual property, contract, securities law, and complex product liability disputes. Rob remains a current member of the Massachusetts Bar Association and the Real Estate Bar Association for Massachusetts, and is admitted to practice in the Commonwealth of Massachusetts and the United States District Court, District of Massachusetts.

Rob holds a Bachelor of Arts in Political Science from The College of the Holy Cross in Worcester, Massachusetts (’94), and a Juris Doctor from Boston College Law School in Newton, Massachusetts (cum laude; ’98). He is presently enrolled in The Boston University Certificate Program for Real Estate, where he is pursuing a Certificate in Real Estate Finance.

Rob presently resides in Charlestown, Massachusetts, a neighborhood of Boston.

 
   
Linda A. Pellegrino
Vice President

Prior to joining Rockport Mortgage in February 2002, Linda was Vice President at Recapitalization Advisors, an affordable housing consulting firm located in Boston, MA. She specializes in developing, negotiating, and implementing complicated recapitalizations, usually of HUD-regulated and HUD-subsidized properties. These transactions typically involve new initiatives to renovate properties and extend their affordability using preservation tools such as Mark Up to Market (MUM), Mark Up to Budget (MUB), Flexible Subsidy Use Agreement renegotiation, Mark to Market restructurings, Section 236 IRP Decoupling and Section 202 recapitalization – all in combination with new FHA financing. Having served as Recap’s principal policy advocate on HUD regulatory and administrative initiatives, Linda continues in that capacity at Rockport. Since joining Rockport, Linda has completed recapitalizations on 27 properties resulting in refinancing proceeds of over $178 million.


Before joining Recap Advisors in 1998, Linda was a Senior Asset Manager in the Boston HUD Office, where she asset-managed a large portfolio of properties assisted by project-based Section 8 and/or financed under Sections 221(d)(3), 236, 221(d)(4), 207, 220, 241(a), 241(f), 202, 811, 223(f) and 232. With particular responsibility for troubled properties – HUD’s most difficult cases – Linda designed, negotiated, and closed innovative workout strategies involving debt restructurings, secondary financings, sales and acquisitions, recapitalizations, refinancings, prepayments and substantial rehabilitation. Beyond workouts, Linda was also a HUD specialist in preserving properties under ELIHPA and LIHPRHA and continues to use that expertise in recapitalizing these properties under FHA insurance programs.


A 1991 honors graduate of the University of Massachusetts at Dartmouth, Linda participated in a HUD national training program requiring six hundred hours of technical training in housing finance and management. She completed additional course work in finance, management, community development, and housing policy at the University of Maryland, Boston University, and Harvard’s JFK School of Government.

Linda lives in Danvers, Massachusetts with her husband and son.

 
 
Richard Fischer
Vice President, Underwriting

Richard W. Fischer, Vice President and Underwriter, joined Rockport Mortgage from previous positions at the Federal Deposit Insurance Corporation (FDIC). Most recently, as a Case Manager for the Boston Regional office, Rich served as the lead Federal Regulator for a portfolio of forty (40) banks in New Hampshire and Maine with assets totaling $35B. In this role, Rich was responsible for analyzing the financial condition and trends of these banks, as well as approving various types of banking applications.

In 1996, Rich was appointed to a Supervisory Examiner in the Boston North Field Office. He obtained over 10 years of credit review experience on commercial real estate, commercial, and construction loans ranging in size of $10K to $100M. He has an extensive background in analyzing complex financial statements, real estate appraisals, and environmental reports. As a bank examiner, Rich was also responsible evaluating the banks' lending policies, underwriting policies, and loan review programs. He also implemented the FDIC Performance Management Program and simultaneously authored a thesis on this topic for the Stonier Graduate School of Banking at the University of Delaware.

Rich holds a BS in Business Administration from the University of New Hampshire, Durham, NH. and graduated from the Stonier Graduate School of Banking, Executive Management Program at the University of Delaware in 1999. He has supplemented his banking knowledge through numerous training programs at the FDIC, including Real Estate Appraisal School; Community Development Lending; Loan Analysis School; and Financial Institution Analysis School.

Rich resides in Reading, MA where is serves as a Reading Town Committee Member. He is married and has four children.

 
Ryan Mueller
Vice President

Ryan Mueller, Vice President, joined Rockport Mortgage Corp. in 2004. He participates in all phases of deal structuring, loan origination, processing and closing for commercial real estate transactions centered on multifamily and affordable housing projects.

Prior to joining Rockport Mortgage, Ryan spent several years focusing on the analysis and development of new markets for emerging healthcare and technology companies. He also co-founded a healthcare-based software company that was sold in 2005.

Ryan holds his Bachelor’s Degree in Political Science from Boston College in Chestnut Hill, MA, where he was a member of the Varsity Football Team.

Ryan currently resides in Rockport, Ma.

 
Michael Byrnes
Vice President

Michael Byrnes is a Vice President with more than 30 years of extensive experience in financial management and advisory services. Michael recently joined Rockport Mortgage and is focusing on the origination and underwriting of healthcare financings. Michael is an approved HUD MAP underwriter.

Michael has specialized much of his work experience around health care finance, capital finance, and restructuring for both for profit and non-profit owners of skilled nursing, assisted living and, independent living facilities. Before joining RMC, Michael was the owner and principal of Aberdeen HealthCare Advisors. Prior to Aberdeen, Michael was a Director at Formation Capital and ZA Consulting, two of the premier and fastest growing independent health care finance and consulting firms in the nation. Michael was the Vice President for Development and Chief Financial Officer at Oasis Healthcare, where he was responsible for the acquisition and financing of long term care facilities. As a Partner with Coopers & Lybrand, he was responsible for financial advisory and healthcare reimbursement services to the Firm’s clients in the Northeast Region. Michael worked for several years as the Director of Government Programs at Blue Cross & Blue Shield of Massachusetts and began his career as a staff accountant at Peat, Marwick, Mitchell & Co, in Boston. Michael graduated from Merrimack College in 1969 with a Bachelor’s degree in Accounting

 
Dirk Falardeau
Vice President

Dirk Falardeau, Vice President, joined Rockport Mortgage Corporation in early 2006. Dirk has an extensive background in commercial mortgage finance spanning over 10 years and is experienced in practically all major commercial mortgage products, including Fannie, Freddie, HUD, Commercial Conduits/CMBS, Mezzanine and Bridge loan financing. At RMC, Dirk contributes to the development of strategic initiatives and participates in the structuring, origination, underwriting, processing and closing of a wide range of commercial real estate transactions.

Prior to joining RMC, Dirk’s most recent experience includes almost seven years as an Associate Vice President with CW Capital, LLC. During that time Dirk closed hundreds of loans ranging in product type from tax and bond credit enhancements for affordable housing to bridge and mezzanine loans. Dirk has developed a reputation for creative financing solutions and quick closing timelines.

Dirk holds a BA in Legal Studies from Quinnipiac University in Hamden, CT and has attended MIT’s commercial real-estate program for professional development in Boston.

Dirk, his wife, son and daughter live in Marblehead, MA.

 
John Dromey
Underwriter

John Dromey joined Rockport Mortgage in 2004 after working at the U.S. Department of Housing and Urban Development (HUD) for ten years. John was a Senior Multifamily Real Estate Appraiser in the Boston HUD office. Prior to working for HUD, John managed a real estate firm in Eastern Massachusetts that provided consulting and valuation services for commercial and residential mortgage lending, construction planning and feasibility.

In his ten years at HUD, John conducted valuation, underwriting and environmental review for over 300 projects valued at over one billion dollars. John specialized in healthcare projects processing over $650,000,000 of FHA insured healthcare loans comprised of over 8,700 nursing home beds and assisted living units. John also processed FHA insured loans and grants for over 4,700 rental housing units and 2,500 units of elderly and handicapped specific housing. John has extensive experience in the valuation and underwriting of FHA loans under sections 232, 223(f), 223(a)(7), 221(d)(4), 241(a) and 202.

John attended the University of Massachusetts at Amherst and holds Bachelor’s degrees in Finance and History as well as a Master of Education degree. John studied HUD environmental assessment procedures at the University of Illinois at Chicago, Great Lakes Center for Environmental Studies and has supplemented his real estate knowledge with over 400 hours of appraisal, real estate finance and commercial cost estimation coursework. John is a Certified General Real Estate Appraiser.

John lives in Hull, Massachusetts with his wife and two children.

 
Office Manager / Controller
commercial financing

Diane Souza is a key member of the support team at Rockport Mortgage. She is the company's office manager and controller who provides financial analysis support to the loan officers. Diane brought twenty-five years of office experience from her former positions with established companies in the region, including Gorton's of Gloucester and Tops Computer Company.

In her previous capacities, Diane managed a wide range of operational functions with a strong emphasis on accounting, sales support, and customer service. She has continually sought opportunities to grow in her various positions and has developed proficiency in database, bookkeeping and general office PC based programs.

At Rockport Mortgage Diane is adding to her experience a series of special initiatives that include web marketing. Through her efforts www.rockportmortgage.com has come to life and will be at the center of the company's future marketing, PR, and partnership development efforts.

Diane graduated with honors from North Shore Community College, Danvers, MA where she earned an Associates degree in Business Administration in 1989. She has continued her education and personal enrichment by taking evening classes and completing certificate programs through local college and Adult Education Programs. Diane is married with two children. She's a Gloucester native who enjoys the outdoors in her spare time.

 
 
Rozanne Santuccio
Loan Processor
commercial financing

Rozanne joined the RMC in June of 2004. She is an experienced project manager and has abilities in customization and implementation in operational standards. Her strengths include managing risks, negotiating skills, effective communications within all levels of the company. Rozanne is able to apply her project management skills in her role at RMC as a loan processor where she is responsible for executing the preliminary loan steps, monitoring pipeline reports, analyzing exhibit documents for accuracy, while keeping underwriters, originator and all 3rd parties informed of project timelines.

Prior to joining Rockport Mortgage Corporation, Rozanne’s experience includes six years with QRS Corporation, a software company that provides global solutions to the retail trading community. There she held positions in quality control, customer service and later promoted to Project Manager. She has extensive experience in overseeing timelines, tracking issues and handling risks while providing up-to-date communication to project and processing teams,

Rozanne and her husband reside in Gloucester, MA and have raised two children. She enjoys gardening, the beach, music and traveling.

 
 
Meagan Marrone
Executive Secretary
commercial mortgage loans
 

Meagan Marrone is an executive secretary and a key member of the support team at RMC. She is focuses on keeping the loan process in motion. She provides direct assistance to the loan originators and at the same time, assists in general office management so that Rockport Mortgage can respond to customers and partners in a timely manner.

Meagan completed her Associates Degree in Office Administration at Marian Court College in Swampscott, Ma in May of 1999. After completing her degree, she worked in a law office that was focused on Real Estate transactions and Estate Planning. Meagan then went on to receive her Paralegal Degree with a concentration in Real Estate from Marian Court College in December of 2002.

Meagan is a Gloucester native and now resides in Winchester, MA with her husband and new baby boy.

 
   
 
 
 
 

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