Berkeley Point Capital Appoints New Senior Managing Director

This new role includes managing a rapidly growing servicing portfolio of $54.2 billion representing over 2,900 loans in 49 states.

Bethesda, Md.Berkeley Point Capital LLC has announced the addition of Ron Steffenino as senior managing director for servicing, asset management and special asset management. This new role includes managing a rapidly growing servicing portfolio of $54.2 billion representing over 2,900 loans in 49 states.

Ron Steffenino

Ron Steffenino

“I’m privileged and thrilled to be joining Berkeley Point with their extensive history and foundation of exceptional people, culture and work,” stated Steffenino. “I believe we have an extraordinary opportunity to expand our capabilities and services and do great things for years to come.”

Throughout his tenure at Berkadia Commercial Mortgage as the senior vice president of operations and special servicing and default management, Steffenino was responsible for more than 250 employees in the U.S. and at their offshore operation in India.

“The rapid growth and diversification of our asset management and servicing portfolio has created a need to supplement the existing management team with an individual who has experience with larger portfolios and a broader spectrum of asset classes and loan types,” added Jeff Day, CEO of Berkeley Point. “Ron’s superior expertise and rich background makes him a great asset.  We’re delighted to have him on board.”

Steffenino is seen as an industry leader, is a member of the Freddie Mac Advisory Council and a frequent speaker at various industry conferences. He has a B.S. in Operations Management and Marketing form LaSalle University.

Image Courtesy of Berkeley Point Capital