Joseph Savarese joined ACRES in June 2016 as Vice President of Asset Management where he co-manages ACRES’ commercial real estate loan portfolio. He has over 10 years of asset management and underwriting experience.
Prior to joining ACRES, he served as Vice President at Indigo Asset Management, where he underwrote complex bridge and mezzanine commercial real estate loans and the acquisition of distressed commercial real estate debt. He also co-managed Indigo’s commercial real estate loan portfolio with a focus on workouts and restructuring, compliance with loan documentation, and managing sponsor relationships. Prior to Indigo, Mr. Savarese spent five years at Sheridan Asset Management, where he served as Vice President of Underwriting with a focus on special situation lending to lower middle-market companies, commercial real estate projects, and the acquisition of distressed assets. Previously, he spent two years as a senior analyst with Virtua Research and a combined five years on the buy-side with Metropolitan West Asset Management and Western Asset Management, conducting fixed income portfolio analytics and valuations.
Mr. Savarese holds a Master of Science degree in Finance from Boston College’s Carroll School of Management and a Bachelor of Science degree in Finance from Bentley University. In addition, Mr. Savarese is a CFA charter holder.