BACKGROUND
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Argentia Group Inc. was formed as a third party commercial real estate due diligence and underwriting firm in 2006 specifically serving CMBS lenders in the origination underwriting of new loans. Argentia also worked on various B-Piece buyer teams in the reunderwriting of CMBS loans and collateral site inspections in association with the purchase of non-investment grade and unrated blonds in new issuance securitizations. With a decline in CMBS originations in 2008, Argentia transitioned to working with investors of distressed mortgage debt. Additional services during the mortgage downturn between 2008 and 2013 included loan reviews and risk ratings of bank loan portfolios, working with credit unions on new loan originations, and other special projects. In the current period, Argentia's business line is to support commercial real estate lenders, mortgage investors, and loan sale advisors with special projects tied to the purchase, sale, or special situations profile of a commercial real estate asset pool. New loan origination business is considered on a case-by-case basis.
WHERE WE WORK
Argentia works on all property types across the United States, Puerto Rico, and Mexico. Argentia's main office is in Los Angeles with a satellite office in Detroit and an affiliate office in New York City.
CONSULTANCY TEAM
Gina Marotta, Principal:
Ms. Marotta is a subject matter expert in mortgage finance, property ownership, and due diligence involving performing and non-performing loans and properties. Since 1995 she has held a variety of roles in pooled mortgage transactions that include the re-underwriting of $35 billion in legacy CMBS loans under the US Treasury’s PPIP program, managing the securitization process of commercial real estate loans, and loan re-underwriting and due diligence on behalf of high-yield investors (B-Piece buyers) in commercial real estate loans and assets. Between 2009 and 2012 Ms. Marotta worked with a major private equity firm in building a distressed debt platform to invest in small balance mortgage loans of failed community banks throughout the U.S. Since 2004 Ms. Marotta has held various senior consultant roles in Latin America that include social interest housing securitization transactions, enterprise risk assessments of social interest housing mortgage companies, distressed small balance mortgage loans, and operational assessments of regional mortgage and consumer finance companies. Ms. Marotta began her career in 1987 working in the urban mixed use development group of the Santa Fe and South Pacific Railroad (Santa Fe Pacific Realty). She transitioned from working on real estate development projects to real estate debt when the railroad pursued a poison pill strategy of leveraging its unleveraged property portfolio to thwart off a hostile takeover. Ms. Marotta holds an MBA from the University of San Diego and an MA degree in international human rights from Columbia University. She is the founder of the non-profit Human Strategies for Human Rights, which she ran from 2001 thru 2004 focusing on NGO capacity building and held consultancy positions at the United Nations in 2000 and 2001.
Jennifer Wong, Associate
Ms. Wong has worked with Gina Marotta since 1998 and has been with Argentia since its founding. Ms. Wong completes data entry, narrative write-ups, and third party report reviews on all property types. Ms. Wong holds a bachelor’s degree from California State University San Francisco in business communications and holds a California Real Estate Broker’s license.
Ricky Nikhomvan, Analyst:
Mr. Nikhomvan joined Argentia Group in 2017 as an analyst. His roles include Argus file updates, report generating, and input review, rent roll analysis and financial statement reporting analysis. Mr. Nikhomvan holds a bachelor's degree from Eastern Michigan University in accounting.
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Argentia Group Inc. was formed as a third party commercial real estate due diligence and underwriting firm in 2006 specifically serving CMBS lenders in the origination underwriting of new loans. Argentia also worked on various B-Piece buyer teams in the reunderwriting of CMBS loans and collateral site inspections in association with the purchase of non-investment grade and unrated blonds in new issuance securitizations. With a decline in CMBS originations in 2008, Argentia transitioned to working with investors of distressed mortgage debt. Additional services during the mortgage downturn between 2008 and 2013 included loan reviews and risk ratings of bank loan portfolios, working with credit unions on new loan originations, and other special projects. In the current period, Argentia's business line is to support commercial real estate lenders, mortgage investors, and loan sale advisors with special projects tied to the purchase, sale, or special situations profile of a commercial real estate asset pool. New loan origination business is considered on a case-by-case basis.
WHERE WE WORK
Argentia works on all property types across the United States, Puerto Rico, and Mexico. Argentia's main office is in Los Angeles with a satellite office in Detroit and an affiliate office in New York City.
CONSULTANCY TEAM
Gina Marotta, Principal:
Ms. Marotta is a subject matter expert in mortgage finance, property ownership, and due diligence involving performing and non-performing loans and properties. Since 1995 she has held a variety of roles in pooled mortgage transactions that include the re-underwriting of $35 billion in legacy CMBS loans under the US Treasury’s PPIP program, managing the securitization process of commercial real estate loans, and loan re-underwriting and due diligence on behalf of high-yield investors (B-Piece buyers) in commercial real estate loans and assets. Between 2009 and 2012 Ms. Marotta worked with a major private equity firm in building a distressed debt platform to invest in small balance mortgage loans of failed community banks throughout the U.S. Since 2004 Ms. Marotta has held various senior consultant roles in Latin America that include social interest housing securitization transactions, enterprise risk assessments of social interest housing mortgage companies, distressed small balance mortgage loans, and operational assessments of regional mortgage and consumer finance companies. Ms. Marotta began her career in 1987 working in the urban mixed use development group of the Santa Fe and South Pacific Railroad (Santa Fe Pacific Realty). She transitioned from working on real estate development projects to real estate debt when the railroad pursued a poison pill strategy of leveraging its unleveraged property portfolio to thwart off a hostile takeover. Ms. Marotta holds an MBA from the University of San Diego and an MA degree in international human rights from Columbia University. She is the founder of the non-profit Human Strategies for Human Rights, which she ran from 2001 thru 2004 focusing on NGO capacity building and held consultancy positions at the United Nations in 2000 and 2001.
Jennifer Wong, Associate
Ms. Wong has worked with Gina Marotta since 1998 and has been with Argentia since its founding. Ms. Wong completes data entry, narrative write-ups, and third party report reviews on all property types. Ms. Wong holds a bachelor’s degree from California State University San Francisco in business communications and holds a California Real Estate Broker’s license.
Ricky Nikhomvan, Analyst:
Mr. Nikhomvan joined Argentia Group in 2017 as an analyst. His roles include Argus file updates, report generating, and input review, rent roll analysis and financial statement reporting analysis. Mr. Nikhomvan holds a bachelor's degree from Eastern Michigan University in accounting.