Berkeley Point Capital LLC announced the addition of Ron Steffenino as the senior managing director of servicing, Asset Management and Special Asset Management (Loss Mitigation).
In this role, he will manage a rapidly growing servicing portfolio of $53 billion, representing more than 2,900 loans in 49 states. Steffenino has more than 28 years of experience in the commercial real estate industry. Berkeley Point will leverage his extensive expertise to lead the firm’s efforts in expanding its Servicing and Asset Management platform.
Steffenino spent the last 19 years with Berkadia Commercial Mortgage, most recently as the SVP of Operations and Special Servicing/Default Management. Throughout his tenure, he was responsible for more than 250 employees in the US and at their offshore operation in India. Previously, he held various management positions in both the residential and commercial servicing operations for Fidelity Bond & Mortgage Company.