Mr. Church serves as Chief Investment Officer for APRC. David
is also a managing director at Philadelphia Private Capital, LLC
('PPC'). Mr. Church has over 25 years of experience in construction &
permanent lending, underwriting, loan production and asset management.
Prior to joining APRC, Mr. Church devoted two years to CMBS work-outs
as an asset manager for a CMBS Special Servicer; asset types included
retail, office, industrial, hospitality and multifamily. He negotiated
with borrowers, engaged appraisers and brokers, generated valuations,
toured and evaluated properties, modeled investment returns for
bondholders and presented recommendations to investment committee.
Immediately prior to this experience, David modified and restructured
commercial real estate loans as a Senior Vice President at National
City Bank (PNC Financial Services).
Mr. Church's underwriting experience includes over four years
as the chief underwriter for a Fannie Mae DUS Lender where he led
the underwriting team and was instrumental in the approval of over
$2.5 billion in multifamily loans (conventional, age-restricted,
dedicated student housing, manufactured housing, Section 42 affordable,
independent living and assisted living). He coordinated with the
production, closing and asset management teams, presented loan opportunities
to investment committee, traveled nationally to meet brokers and
inspect properties, and engaged, reviewed and accepted third-party
David earned an undergraduate degree from Washington & Lee
University and a Master's degree from The University of Virginia.
He has served as a co-chair of the Southern NJ Committee for the
Urban Land Institute Philadelphia, a member of the Moorestown, NJ
Open Space Committee, president of the Washington & Lee University
Alumni Chapter in Philadelphia and is a member of the Washington &
Lee Alumni Admissions Committee. He earned the CCIM Designation
and holds a real estate sales license in the State of New Jersey.