CREF Advisors, Inc.

FINANCED

Grocery Anchored Shopping Center
4.08% fixed for 10 yrs - 75% LTV
$25,000,000 cash out refinance
Mahwah, NJ

FINANCED

4 property Walgreens Portfolio
5.24% fixed-24 yr self amortizing loans
$27,600,000 - 90%+ LTV
NY, TN, LA, and MN

FINANCED

Country Meadows Apartments
33 year fixed rate term
$32,400,000 - 408 units
Laurel, MDG

FINANCED

2 store Grocery Portfolio
Waldbaums and Giant Eagle
$19,500,000 - 10 year fixed rate
Long Island, NY & Macedonia, OH

Principals

Principals

Seth Grossman started his career on Wall Street as a financial analyst for Bankers Trust - which became Deutsche Bank. He worked there for more than four years and it was there where he got his first exposure to debt instruments. From there he moved into the commercial mortgage business in which he has excelled for the last 17 years. As the head underwriter and director of placement for Meridian Capital Group, LLC a commercial mortgage brokerage firm based in New York, Seth grew the company's Florida branch from a two man operation to a 40+ person corporation. Despite all his responsibilities, he managed to produce in excess of 40% of the office's revenue on an annual basis.

In 2007, Seth personally originated and closed over 50 transactions averaging more than $10,000,000 each. His success lead him to start his own commercial mortgage company, CREF Advisors, Inc. In a short time frame, Seth had been successful in positioning CREF as a leading Florida mortgage company that has arranged financing across the country for a variety of property types including Multi-family apartments, retail strip centers, big box shopping centers, office buildings, and even land. Over the last 17 years Seth has secured close to $5 billion of loans in almost every state and on almost any property type. Seth also is, and often has been, a principal in numerous real estate ventures, which gives him a unique understanding of a client's perspectives.

On a personal level, Seth has a BS in Accounting and an MBA in Finance. He has a wife and five kids and is involved in numerous community work and charity organizations both in Florida and in Israel.