David Croskery, now managing director, replaced William Wheaton, a six-year HFF employee who is continuing with the department, but transitioning to a new role. Nancy O. Goodson, HFF's COO, said in a press release that Wheaton "had been a part of the tremendous growth in HFF's servicing portfolio."
Croskery previously was asset manager for Shell Real Estate Services. He also worked as real estate director for American General Investment Management, where his duties included oversight for loan servicing and the REO portfolio.
"David came to us highly recommended," Goodson said. "His experience in loan servicing and asset management will ensure HFF's loan servicing capabilities remain at the highest level of service."
HFF recently subcontracted with Bank of America to handle payment processing, tax and insurance escrow service, UCC filings and investor reporting. HFF will continue to handle portfolio management responsibilities such as borrower requests, operating statement reviews, inspections and borrower/lender contact functions.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
