James Kress is a director on Lument’s mortgage banking services team, responsible for originating affordable and market-rate multifamily transactions across Lument’s FHA, Fannie Mae, Freddie Mac, and proprietary balance sheet platforms. He is also responsible for assisting in the operation of Lument’s FHA correspondent platform.
Prior to his current role, James served as a senior analyst with Lument predecessor RED Capital Group since 2013. His responsibilities included working with a robust pipeline of prospects and completing the preliminary loan analyses to determine the most efficient loan execution to meet clients’ business plans and goals for the asset. James also assisted in managing existing clients’ mortgage portfolios to ensure they were kept knowledgeable of the market and of changes in loan programs that could assist in optimizing the performance of the property.
James is a graduate of The Ohio State University with a Business Administration degree from the Fisher College of Business.