PETE PAKES,CFO, (since 2008):
Mr. Pakes has been in the real estate debt industry since 2005 when he was the CFO of Select Financial, based out of Arizona. In 2008, Pete partnered with Jim Stepanian and Adam Pakes to form Summerlin Asset Management, LLC. Mr. Pakes manages the day to day internal operations of Summerlin Asset Management. Pete continues to build and maintain the model of special servicing and equitable dispositions for Summerlin Asset Management, borrowers, and its investors.
Mr. Pakes has also managed and successfully developed land in Western Arizona to completion. In 1994, Mr. Pakes was hired by SBC Global Services and served for 15 years as Senior Executive AM covering the financial sector in the Midwestern United States.
- Ball State University, Muncie IN
- Bachelor of Science degree in International Finance and minor in Criminal Justice and Criminology.
ADAM PAKES,CEO (since 2008):
Mr. Pakes has over 8 years of experience in the mortgage industry. Since 2004, Mr. Pakes has held a Broker’s license in California, Arizona, Florida, and Washington. Adam’s expertise is overseeing the acquisition and disposition of all non performing and performing Mortgages. Mr. Pakes is responsible for specialty servicing including short payoff, short sale, loan modification, and final disposition of each mortgage asset. Through his experience, Mr. Pakes has grown SAM assets under management to over $50,000,000.
- California State University, Long Beach CA
- Bachelor of Science degree in Human Resource Management