MILWAUKEE – August 19, 2019 – Berkadia today announced the addition of Managing Director James Boris to its Milwaukee mortgage banking team. In this role, Boris will focus on originating HUD-insured financing for seniors housing and multifamily apartments. He will report to Senior Managing Director Mark Dellonte.
“James has a tremendous amount of experience in commercial real estate financing, both on the mortgage banking and the senior housing development side, which affords him a unique perspective and an invaluable skillset,” said Dellonte. “We’re thrilled to add him to the HUD team, and to our Milwaukee office, to continue providing the best in class insight, experience and service which our clients in the Midwest and across the country have come to expect.”
“Berkadia is an industry leader in HUD financing and has been dynamic in the seniors housing market,” said Boris. “I’m eager to marry my experience to that of the Milwaukee office and Berkadia’s broader HUD team to continue to advance the great work that has Berkadia routinely ranked among HUD’s top originating lenders.”
Boris is the most recent addition to Berkadia’s newly established Milwaukee office. Senior Managing Director Mark Dellonte and Director of Operations Amy Barry launched the office in May 2019 and Senior Analyst Bill O’Connor joined the team in July of this year.
Boris has successfully arranged more than $800 million in FHA-insured and related conventional healthcare and multifamily financings for both for-profit and not-for-profit borrowers, representing more than 15,000 units located throughout the U.S. He has also developed, financed, owned, operated and sold numerous seniors housing and assisted living and memory care communities. He has worked in partnership with multiple real estate development and investment companies as well as independently.
Boris previously served as Founder and CEO of American Mortgage Solutions, LLC, originating and funding FHA-insured loans nationwide and as Vice President–FHA Lending for Arbor Commercial Mortgage, LLC, where he supervised Arbor’s national FHA multifamily apartment and healthcare financing division. Prior to that he was, Vice President and Manager–Insured Loans at GMAC Commercial Mortgage Corporation, where he specialized in arranging and closing FHA-insured financing throughout the U.S.
Boris earned his Bachelor of Business Administration, with a double major in Real Estate and Finance from Eastern New Mexico University.