Randy Jenson Joins Berkadia as President and Chief Financial Officer

HORSHAM, Pa.--(BUSINESS WIRE)-- Berkadia announced today that Randy Jenson has joined the company as president and chief financial officer. As of July 25^th, Jenson is based in Berkadia’s Horsham office and reporting to CEO Hugh Frater. He will be overseeing the Finance & Accounting, Treasury, Process Improvement and Risk Divisions, as well as playing an important role in the company’s M&A activities.

“Randy’s expertise and years of experience as a financial executive and his strategic transaction skills met the high standards we were looking for in a CFO,” said Frater.

Prior to joining Berkadia, Jenson spent nine years with Ranch Capital, LLC in the role of co-founder and president. In that capacity he closed and managed over $2 billion in investments with special situation companies, assets and real estate projects. Jenson also worked at Hawaiian Holdings, Inc. as the chief financial officer and currently serves on the board of directors for Hawaiian Holdings and Hawaiian Airlines. Prior to that, he held the role of president and CEO of Banking and Lending Operations and other responsibilities for Leucadia National Corporation for more than five years. He is a graduate of the University of Utah and the Harvard University Graduate School of Business.

“I am eager to join Hugh Frater and the rest of the leadership team at Berkadia in their vision for growth over the course of this year and beyond,” said Jenson. “I look forward to contributing to the company’s goals and continuing the Berkadia tradition of solid financial performance.”

About Berkadia™:

Berkadia Commercial Mortgage LLC is one of the most prominent lenders in the commercial real estate industry and a highly rated special, master and primary servicer managing a portfolio of more than $207 billion as of June 28, 2011. As a correspondent for insurance companies and other institutional lenders and a leading approved lender for Fannie Mae, Freddie Mac and HUD/FHA, Berkadia offers clients access to capital for the acquisition, construction, rehabilitation or refinance of commercial real estate properties. The company also offers investment sales services nationwide.

To learn more about Berkadia, please visit www.berkadia.com.

©2011 Berkadia Commercial Mortgage LLC.All rights reserved.

Bliss, Gouverneur & AssociatesKelly Davis, 212-584-5486
[email protected]

Source: Berkadia Commercial Mortgage LLC