Mike Susi was born and raised in Portland, Maine. He attended Lasell College in Newton, Massachusetts, graduating in 2019 with a bachelor’s degree in Fitness Management. While attending Lasell, his interest in real estate grew, and he began networking with professionals in the industry. Immediately after graduation, Mike found his way into private lending. Mike quickly began building and managing a portfolio of performing, short-term private lender loans secured by real estate in Maine, New Hampshire, and Massachusetts.

Mike was responsible for the portfolio management for the small private lending firm he worked for, managing approximately $10 million at any given time. Mike’s experience managing a portfolio of private loans provided him with knowledge of numerous aspects of the private lending business. Mike has originated loans for the purpose of new construction, hospitality repositioning, condo conversions, residential fix & flips, along with commercial and multifamily value-add projects. The wide array of different loan types and purposes Mike has worked on has given him invaluable experience underwriting potential new investments across a variety of product types.

Through his time in private lending, Mike has been diligent in his underwriting, understanding of the characteristics of a good borrower and good collateral, and importantly, his presence and communication with borrowers throughout the loan term. This has resulted in the fortunate result of not having to foreclose on a borrower or take a property back as an REO. Mike hopes to continue this experience into the future as long as possible.

In addition to his private lending experience, Mike has purchased and sold investment property of his own and is a principal in two apartment complex deals located in Georgia, totaling 63 residential apartments. These two projects are similar in nature, and were purchased in poor condition, in need of repair and repositioning. Mike’s role in these deals has consisted of organization of financing, financial modeling, deal structure (investor and debt), and creation of the value-add business plan and implementation of the business plan in conjunction with his property manager. He has also consulted on the acquisition of one other similar residential apartment complex purchase. This “hands-on” experience and management of such deals allows him to look at deals from a perspective different than many lenders and loan brokers, offering additional value to our clients.

In his free time, Mike enjoys playing golf, mountain biking, boxing, and checking out new hiking spots with his dog, a bernedoodle named Enzo.