Category Archives: Promotions
Please join us in congratulating Rey Robles, who was recently promoted to Vice President – Commercial Lending.
Rey specializes in commercial real estate lending, with a focus on construction, but his duties encompass all types of commercial loans and lines of credit. He also provides general banking services and manages client relationships.
Rey has 20 years of banking experience in Arizona, where he earned his bachelor’s degree in both Accounting and Finance from the University of Arizona and his MBA from University of Phoenix.
“Rey is an asset to our clients and to our bank,” said Mike Hannley, President of Bank of Tucson. “He genuinely enjoys the challenge of putting together a commercial loan deal unique to each client and situation.”
With a strong commitment to community service, Rey currently serves as a board member of both the Pima County Community Land Trust—which helps lower-income buyers purchase rehabbed homes—and the Arts Foundation for Tucson and Southern Arizona. He is a Pima County native who currently resides in Oro Valley with his wife and two teenage daughters.
His discipline and commitment extend to his personal life as well. For over seven years, Rey has been training in martial arts.
Congratulations to Karen McGuire, manager of Grandpoint Bank’s Construction Lending Department, who just earned a well-deserved promotion to Executive Vice President.
Karen is responsible for helping Grandpoint Bank and our divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, expand our construction lending loan portfolio. She is based at Grandpoint’s Irvine office and oversees a seasoned and talented construction lending staff. Her duties include analyzing and underwriting all of the bank’s construction loan requests. This includes evaluating both standard and complex construction loan transactions, interfacing with clients, handling the construction loan disbursements once a loan is approved and visiting project sites.
According to Karen, currently, the demand for construction lending for multifamily properties is especially strong throughout the nation. In the markets that Grandpoint Bank and our divisions serve, Karen says the strongest demand is coming from Los Angeles and the Portland, Oregon/ Vancouver, Washington market. Karen’s team is also currently seeing a lot of lending activity and demand from the hospitality and single family real estate sectors in many of the bank’s existing markets.
Karen’s best advice for would-be loan applicants? If you’re looking for construction financing, start the loan application process sooner rather than later. Assuming your loan application is complete, the approval process can be as short as 60 days, but compiling a complete loan application can take longer than many people anticipate due to the additional amounts of information and analysis required.
Your local relationship manager, along with Karen and her staff, will work with you to help you understand what is needed and what to include in your application. You’ll also benefit from the incredible depth of experience our loan underwriters have and can contribute to your construction project and process. You can depend on our team to bring a sophisticated understanding to your objectives and the business of construction.
“My team and I don’t consider our work done once a loan is approved,” says Karen. “Someone from our construction lending team will go to the building site once every two to three months so that we continue to understand not only the project but also our clients’ needs and achievements.”
Karen counts the AC Hotel Tucson by Marriott (currently under construction) as one of her most notable construction loans to date. Though it was a complex project, involving two different loans and some required environmental remediation, the loan was ultimately closed based in large part on the entire team’s “can-do” attitude. The 136-room hotel with 5,000-square-feet of ground floor retail will soon give new life to the intersection of Fifth Avenue and Broadway in downtown Tucson.
“We are very fortunate to have Karen and her staff, all of whom have considerable previous experience in complex structured financing,” said Mark Phillips, Executive Vice President & Chief Credit Officer of Grandpoint Capital. “When Karen started with us, we had one construction loan on the books. Now we’re making construction loans in three states, with loans amounts up to $40 million and greater.”
For more information about construction loans, please contact your local banking office, your relationship manager or Karen McGuire at 949-483-8388.
Please join us in congratulating two of our team members who just earned promotions based on their hard work and dedication to our bank and our clients.
Jennifer Schock, Customer Service Officer (Northwest Branch)
Jennifer started with Bank of Tucson as a teller at our main branch in 2011, getting to know many of our clients. She then assisted the Operations Department before moving into a Financial Service Representative position. Her recent promotion to Customer Service Officer at the Northwest Branch has her supervising tellers and their daily tasks, working on bank reports and assisting customers with banking transactions and new accounts. It’s a perfect fit for someone who enjoys interacting with customers on a daily basis and learning new avenues of the banking process.
As a Tucson resident for more than 20 years and a graduate from the University of Arizona, she’s also well connected the community.
Andie Milligan, Financial Service Representative
Andie also started with our bank in 2011. She began as a loan file clerk straight out of high school and made her way up to receptionist, teller and now to working with new accounts. Her current job duties include helping customers determine what type of account is most beneficial for them according to their account history and usage. She also is responsible for opening and managing accounts and assisting with basic online banking and debit cards. Above all else, Andie takes pride in building relationships with our clients and making sure we’re taking care of their needs.
A go-getter who is always eager to learn new skills, Andie is also balancing career and school, attending classes at night and online to earn a business degree. She’s a native Tucsonian who dedicates some of her free time to drawing and mixed media. She also loves to swim and cook.
At Bank of Tuscon, we are proud of these two hard workers and our entire Bank family for unwavering commitment to providing exceptional service to our clients.
Making loans to local businesses is one of the most important things we do at Bank of Tucson. Providing the capital our clients need to expand, increase their work product and create jobs means we are helping to support a healthy economy throughout Tucson, our state and beyond.
It is our mission to recruit and promote top talent at our bank to help our clients. A skilled banking team can help you understand and navigate the loan application process, know how to most effectively use credit and provide other valuable information. Additionally, the Bank of Tucson team members work together to ensure that everyone who services clients is kept informed of each client’s specific needs.
Toward this objective, Bank of Tucson recently promoted Assistant Vice President and commercial lender Mark Davis to the role of Vice President of Commercial Lending. He was originally hired on as a Senior Credit Analyst. In his new role, Mark will structure, tailor and negotiate loan applications on behalf of our clients. Mark’s previous role as a credit analyst taught him what details to look for on a loan application and how to assess what a customer can truly afford to borrow.
With these skills, Mark will offer valuable advice to our customers well before they submit their application, providing expert insight that comes essentially for free with the customer’s banking relationship with Bank of Tucson.
As Vice President of Commercial Lending, Mark’s direct interaction with our clients will increase – a change he welcomes. After nearly 20 years in banking, working first in operations before transitioning to lending, Mark understands not just the diverse facets of banking, but also the many ways in which a business relies upon its bank. He looks forward to sharing his experience and advice to help our clients access the capital they need.
Outside of his nine-to-five job, this home-grown, University of Arizona grad also helps our community by serving on the boards of two nonprofit organizations: Aviva Children’s Services and Global Children’s Fund.
For Aviva, which offers a range of child protection services, Mark serves as treasurer and chairman of the finance committee. For Global Children’s Fund, Mark serves as the co-director of community events. The foundation helps children from impoverished communities gain access to education and resources, first in Ghana and now expanding to the U.S.
When Mark thought about where to direct his charitable efforts, he was motivated by his own children, now 11 and 18-years old, and his long history of coaching youth sports. He says that through coaching (both football and boxing), he came across many troubled kids and appreciated being able to participate in activities that made a positive difference in children’s lives. Whether it’s coaching or providing the valuable services of Aviva and Global Children’s Fund, Mark knows that the time and resources he expends create noticeable change.
Mark’s family is his motivation for everything, and he’s pleased to have the opportunity to help other families as well. We hope you have the opportunity to meet Mark soon.
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