Karen began her Loan Servicing career in 1994 when she helped launch Peter Wong Associates, Inc. a commercial mortgage banker specializing in correspondent relationships with Life Insurance Company lenders. Starting with just two correspondent lenders, over the next 10 years the number grew to over a dozen, significantly due to the company’s ability to provide quality loan servicing. These relationships provided access to nationwide funding sources of commercial real estate loans to property owners throughout the West.
Under her leadership, the company’s servicing reputation for excellence enabled Peter Wong Associates, Inc. to attract additional institutional lending sources and the company’s servicing portfolio grew to over 260 loans totaling some $800,000,000. Year-in and year-out, along with her staff, Karen worked closely with upwards of 13 different institutional lenders to continually perform all lender servicing requirements. More importantly, Karen built and maintained strong relationships with Borrower clients to provide first quality service to meet their diverse administrative needs.
Karen is excited to bring her years of experience and enthusiasm to the JS Coats team and is looking forward to developing a first class servicing department that aims to be highly respected in our marketplace long into the future.