Principal and Founder, Broadsword Investors, LLC
Prior to co-founding Broadsword Investors, Paul Smyth served as the Global Chief Credit Officer for the Commercial Real Estate group at Credit Suisse. He was responsible for the vetting of all CRE loans through credit committee in the U.S. and Europe. This included interfacing with B-piece buyers, internal underwriting and credit operations, and interfacing with federal regulators. Mr. Smyth has extensive B-piece investment and related workout experience, having managed over $55 billion in loan resolutions in various portfolios dating back to the mid-1980s. Additionally, Mr. Smyth has been involved in over 165+ B piece/mezzanine acquisitions dating back to the 1990s. Mr. Smyth formed the CRE origination platform at ARCap, and was part of executive team for the restart of Credit Suisse CRE lending group in 2014 which encompassed conduit, mezzanine and floating rate loans.
Prior to Credit Suisse, from 2002-2013, Mr. Smyth held several Executive roles, which included President, CEO, and COO in various entities of ARCap REIT and its successor companies Centerline Capital and C-III (n/k/a Greystone Special Servicing). During this time, he oversaw operations that provided all aspects of asset management. This included originations, CDO Management, and CMBS investments for a $120 billion of portfolio, along with over $6 Billion in debt and equity transactions from 2002-2006, heavily weighted in construction projects.
Mr. Smyth held various origination and asset management roles within Banc One Corp from 1986-02. The last role being Managing Director for Banc One Mortgage Capital Markets/ORIX Capital Markets. In this role, he oversaw the CMBS asset management platform nationwide. Through the late ’80’s and 90’s, he served as Senior Portfolio Manager, which included construction and development lending. He also managed various contracts and asset pools in conjunction with the FDIC and RTC throughout the US. Mr. Smyth has been a panelist and participated in various industry CRE initiatives where he has served in numerous roles within CREFC, CMSA, and the MBA organizations. Mr. Smyth received his BBA degree in Finance and Real Estate from Baylor University. Mr. Smyth holds Series 7 and 63 licenses under FINRA.
Principal and Founder, Broadsword Investors, LLC
Cary Williams started his career at Merrill Lynch Capital Markets in 1987 where he focused on balance sheet management for financial institutions. During the late 80’s and early 90’s, he was active with bank restructuring and various activities with the RTC. Mr. Williams has been involved in the CMBS market since its creation in the early 90’s. Over the last 30 years Mr. Williams has focused on the placement of CMBS B pieces, B notes, mezzanine loans, and whole loans. Mr. Williams spent 25 years at Merrill Lynch/Bank of America as a senior executive in structured products finance. In 2012, Mr. Williams joined Royal Bank of Canada as a Managing Director in Structure Products. He continued to serve clients with a heavy emphasis on CRE and structured products. Mr. Williams joined Credit Suisse in 2014 as a senior executive in their structured products group where he continued to focus on CRE and the origination of CRE assets. Mr. Williams received an MBA from Southern Methodist University in Finance and Real Estate and a BBA from the University of Oklahoma in Finance and Accounting. Mr. Williams serves as a member on the Trinity River Authority Board of Directors appointed by the Governor of Texas. Mr. Williams holds Series 7,63 and 3 licenses under FINRA.
President, Broadsword CRE Brokerage LLC
Marc Wedding is a strategic senior leader in the commercial real estate industry with over 30 years of experience specializing in acquisitions, brokerage, financing and property development primarily in the Texas and Florida markets. Marc has assembled over 300 completed commercial real estate transactions in his career that has comprised virtually all types of commercial real estate properties as well as land transactions, including single-family lot development, multi-family and commercial land transactions. Prior to joining Broadsword, Marc led TY Commercial Group’s Acquisition and Sales team for over twenty years where he implemented the strategy to accumulate value-added commercial assets recognizing additional value either through lease up or redevelopment of multi-tenant properties with a focus on unanchored strip retail properties. At TY, Marc directed the growth as a startup real estate investment firm to a peak of owning over 125 commercial real estate assets.
Marc has extensive experience in market analysis, asset valuation, and underwriting and contract negotiation. He has directed each aspect of transaction management that encompasses the commercial real estate full life cycle together with securing the necessary financing for each transaction. Marc has developed a broad network of highly qualified and experienced brokers, owners and lending sources with whom he collaborates extensively. The financing sources utilized range from regional banks, life insurance companies to CMBS loans.
Mr. Wedding holds a Bachelor of Science degree in economics and marketing from Ohio State University and is a licensed commercial real estate broker in the state of Texas.
President, Broadsword Commercial Mortgage
Paul Jankovsky Jr, has over 35 years of capital markets, commercial banking and commercial real estate experience. He has been a regional manager and senior producer in the CMBS industry, originating in excess of $4B of securitized commercial real estate loans. Mr. Jankovsky has had successful tenures with Wall Street firms including Goldman Sachs, JP Morgan Chase and Merrill Lynch. Mr. Jankovsky founded and is currently Managing Principal of JM Advisors LLC, a firm which was formed to participate in the purchase of distressed CMBS bonds. JM Advisors has been an advisor to regional banks where Mr. Jankovsky has implemented successful CMBS platforms, mezzanine platforms and has focused on specialized debt placement. Mr. Jankovsky was also Co-Founder and EVP of BH Capital LLC, a Behringer Harvard related entity which focused on investments in distressed real estate debt. Mr. Jankovsky holds a BBA from Baylor University where he majored in Finance.
Managing Director — Equity & Asset Management
Robert Farrington most recently served as Director within ORIX Real Estate Americas’ Commercial Real Estate platform (“ORIX”), where he led the operations of the Primary/Special Servicing portfolios along with new business development. In that capacity he also served as the primary relationship manager with the Rating Agencies. Over his 18 year career with ORIX, Mr. Farrington has managed several teams responsible for Bond Analytics, Bond/Collateral, Asset Management and Property level Surveillance, and a wide variety of finance and loan / bond investment related functions.
Prior to joining ORIX, Mr. Farrington worked for two years at First USA Bank, N.A. as a Senior Analyst in the structured products group. He was responsible for the analytics of several Credit Card Master Trusts, Home Equity, and Home Equity Line of Credit securitizations, as well as other various consumer based structured products. Before that, he worked for Fidelity Financial Group as a Senior Analyst responsible for their Automobile structured products. Mr. Farrington earned a BBA in Accounting from the University of North Texas.
Cary Williams IV
Cary Williams most recently served as an associate at Greystone where he was primarily focused on REO disposition and securitized product due diligence and underwriting. Previously, Cary served as operations manager for a beverage industry startup conducting business throughout the United States and internationally. During this time Cary oversaw logistics, supply chain, pricing strategy, marketing and assisted in overall business development.
Cary received a BBA in Finance from the University of Oklahoma. As part of his responsibilities at Broadsword, he provides underwriting assistance on loan sizing, conducts market research, and develops models for capital stack structure for a variety of asset classes. Cary is a licensed Texas Real Estate Sales Agent under Broadsword CRE Brokerage, LLC.
Assistant Vice President
Luke Williams most recently worked as an associate for Greystone Servicing Company. His work included asset management on Greystone’s REO team as well as conducting due diligence and underwriting on securitized product. His current responsibilities include underwriting assistance on loan sizing and conducting market research.
Luke is a licensed Texas Real Estate Sales Agent under Broadsword CRE Brokerage, LLC. Luke received his BS in Business Communication from the University of Oklahoma.
Tiffany works as an Associate at Broadsword providing loan servicing / administrative support along with assistance in underwriting assistance on asset sales, loan sizing, market research, and loan committee presentations. Tiffany worked at Centerline Capital Group in Irving, Tx (f/k/a ARCap REIT) from 2009-2015 in the Loan servicing and Surveillance groups on both CMBS and CLO portfolios, as well as in the CMBS Due Diligence group. Tiffany has also worked in various roles as administrative assistant for various Medical offices and non-profit organizations across the DFW area. Mrs. Middlebrooks graduated from North Central Texas College in 2003 with a degree in Applied Science.