MCAP - Key Persons
Job Titles:
- Business Development Manager, GTA and Northern Ontario
Job Titles:
- Vice President of Investment Management in MCAP 's Commercial Mortgages Group
- Vice President, Investment Management
Brenda Brockbank is the Vice President of Investment Management in MCAP's Commercial Mortgages Group. Brenda joined MCAP in 2019 and is responsible for credit policy, underwriting, and adjudication across Canada. In addition, Brenda is responsible for investment management and assisting in the sale of MCAP's mortgages to its commercial investors. Having previously worked at TD Bank and CMHC, she brings a wealth of experience to this position having been active in real estate finance for over 25 years. Brenda's previous roles have included working with public and private partnerships to develop social housing, managing client relations, originating new mortgage business, and adjudicating credit.
Job Titles:
- Broker Relationship Manager
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- Chief Operating Officer
- Executive Vice - President
- Executive Vice - President & Chief Operating Officer of MCAP Commercial L.P. Brian
- Executive Vice - President & Chief Operating Officer, Toronto, on
Brian Carey is Executive Vice-President & Chief Operating Officer of MCAP Commercial L.P. Brian is responsible for overseeing the planning, direction, and overall profitability of all operations across our lines of business, including Single Family, Commercial Mortgages, and Development Finance. Brian is a member of the Executive Management Committee and is responsible for optimizing MCAP's long-term sustainable earnings within Board approved risk parameters, creating long term value and preserving its assets, capital and reputation.
A Chartered Professional Accountant (CA), Brian joined MCAP in 2007 as Vice President and Controller. He was subsequently promoted to Senior Vice President Finance & Treasury in 2012 and then to Executive Vice-President and Chief Financial Officer in 2013.
Prior to MCAP, Brian was a Public Accountant at Arthur Andersen and worked in the Credit Risk Management Group at the Office of the Superintendent of Financial Institutions. He has a Bachelor of Business Administration from Wilfrid Laurier University, and an MBA from the University of Toronto's Rotman School of Management.
Job Titles:
- Business Development Manager, Greater Vancouver Area and Interior B.C.
Job Titles:
- Business Development Manager, GTA
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- Business Development Manager, Calgary, Southern Alberta
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- Business Development Manager, Barrie & North
Job Titles:
- Co - Managing Partner, Commercial Mortgages
- Managing Partner for the
David Boyle is the Co-Managing Partner for the CMG team. David joined MCAP in 2013, and is responsible for leading and managing the origination team in addition to developing new investor programs to support the targeted growth of CMG. In his previous role David was responsible for all aspects of investment management and credit policy at MCAP CMG. In addition to leading the underwriting team, David was also responsible for national credit adjudication. David has over 19 years' experience in the financial services industry including commercial term, corporate cash-flow and development finance across a variety of sectors and locations. Prior to joining MCAP, David worked with three of the largest financial institutions in Ireland. In his various roles, he has originated, adjudicated and managed a diverse portfolio of loans in Europe and the U.S. David holds an MBA from Bangor University (UK), in addition to a multitude of professional banking and finance qualifications awarded by the Institute of Bankers in Ireland and the Dublin Institute of Technology. David believes in creating an environment of continued service excellence at MCAP, with a proven track record of delivering promptly and professionally. He believes it is this consistent quality delivery, coupled with forming successful investor partnerships that creates a meaningful distinction between MCAP and its competitors.
Job Titles:
- Executive Vice President
- Executive Vice President - Corporate Strategic Initiatives, Toronto, on
Don Ross is Executive Vice President, Corporate Strategic Initiatives, and has held several senior positions during his 20-plus years at MCAP. Over that span, Don has been involved in commercial asset management, loan servicing, investor relations, commercial lending, investment management, capital markets and structured finance. He has originated loans, been a member of MCAP's investment committee, and been instrumental in several corporate acquisitions. Currently, he provides clients with investment opportunities in MCAP's product lines, from managed mortgage funds to loan syndications to securitization structures. Don's vast experience in the real estate industry has allowed him to forge key business relationships with Canada's major financial institutions. He has an Honours Bachelor of Business Administration degree from Wilfrid Laurier University.
Job Titles:
- Broker Relationship Manager Atlantic
Job Titles:
- Broker Relationship Manager
Job Titles:
- Associate Director, Commercial Mortgages / Toronto, on
With over eight years in the commercial lending industry, Hasnain brings a high level of professionalism and positivity to his role as Associate Director for the CMG Origination Team. After receiving his Honours Bachelor of Commerce degree, specializing in Business and Financial Economics, he went on to work for Royal Bank of Canada (RBC) where he progressed through various roles, such as a Credit Adjudicator and Commercial Mortgage Analyst. In 2020, he joined the MCAP Commercial Origination team as an Analyst before being promoted to his current role in March of 2023.
Hasnain thrives on establishing positive human connections and elevating the experience for clients and team members. It's through those relationships that he has been able to successfully work with high-net-worth borrowers and assist them in executing complicated deals. A well-rounded individual, he enjoys playing competitive squash and ten-pin bowling and participating in theatre and improv.
Job Titles:
- Executive Vice President, Corporate Services, Toronto, on
Heather Baker joined MCAP in 2002 and is currently responsible for overseeing corporate functions: Information Technology, Human Resources, Facilities and Marketing & Communications. In her role, she is accountable for the planning and direction of all corporate service activities that support the development of a highly successful and efficient organization. During her tenure at MCAP, Heather has held progressively senior positions in the Finance and Internal Audit departments and prior to this role was most recently SVP, Finance. Heather holds a Bachelor of Business Administration from Wilfrid Laurier University and is a Chartered Professional Accountant (CPA, CA).
Job Titles:
- Director of MCAP 's Commercial Mortgages Group
- Director, Commercial Mortgages
Jacques Pelletier is a Director of MCAP's Commercial Mortgages Group in the Montreal office. He is responsible for originating, structuring, and closing commercial real estate debt transactions for CMG's investor accounts. Jacques joined MCAP in January 2018 to develop the commercial business line in the province of Quebec. He has over 30 years' experience covering many facets of the commercial real estate industry. Most recently, Jacques retired after 28 years with CMHC where he has held different roles with increased responsibilities. In the last 5 years at CMHC, Jacques worked as a regional manager of multi-unit underwriting, where he lead a team of 40 employees responsible for loan approval for the Quebec Region. Jacques has developed extensive knowledge on the products and policies of mortgage loan insurance, CMHC underwriting practices and risk tolerance levels. Jacques has also been a lecturer at the École des Hautes Études Commerciaux, where he taught macroeconomics for 15 years. Jacques holds a M.A. in Economics from Queens University; he is fully bilingual and works out of MCAP's Montreal Office. Jacques believes "the client deserves nothing but the best service" and he "works with enthusiasm and passion to deliver professional services and results to the clients".
Job Titles:
- Director, Commercial Mortgages / Toronto, on
Over the last nine years, Jan Kim has taken on progressively more challenging roles within the mortgage industry. Having started as an Associate at a Schedule I bank, she developed a stellar reputation at other financial institutions with a focus on construction financing. Prior to joining MCAP, she led a team responsible for underwriting and funding over $1 billion of loans for CMHC's Rental Construction Financing Initiative (RCFI) affordable housing program. Today, as a Director with MCAP's Commercial Mortgages Group, Jan's goal is to understand her clients' needs and help them achieve their goals over the long-term. Jan is a graduate from the University of Toronto with a Bachelor of Arts in Economics and a Master of Business Administration from Queen's University. Outside of work, she enjoys doing HIIT workouts, spending time with friends and family, and can be found in the garden trying to grow some green thumbs.
Job Titles:
- Executive Vice President, Capital Markets, Toronto, on
Jason Wright joined MCAP in 1999 and is responsible for funding and securitization activities relating to MCAP's single-family and commercial mortgage originations. He leads the Capital Markets Group which is responsible for: interest rate risk management activities, third-party mortgage sales, executing various securitization transactions including ABCP, CMB and NHA-MBS, developing and managing certain third-party investor relationships and related reporting and compliance activities. Jason earned his Bachelor of Business Administration (Honours) at Wilfrid Laurier University and is also a Chartered Financial Analyst.
Job Titles:
- Chief Financial Officer
- Executive Vice - President
- Executive Vice - President & Chief Financial Officer, Toronto, on
Jebon Lok is Executive Vice-President & Chief Financial Officer at MCAP. He is responsible for managing MCAP's corporate and trust assets and liabilities, ensuring the company is in compliance with all its obligations regarding funding and hedging programs, and preparing the financial reporting for all its entities. This includes ensuring that financial controls are in place to safeguard the assets of MCAP and its clients, as well as adhering to regulatory financial reporting requirements and corporate governance. Jebon is a member of the Executive Management Committee and advises the Board of Directors on MCAP's financial affairs and results. Having joined the organization in 2008 as an Assistant Controller, Jebon has earned progressively senior roles over the last 15 years with MCAP to his current role leading the Finance, Treasury, and Middle Office groups. Having worked on a diverse portfolio of projects for MCAP throughout the years, Jebon thrives on the variety that comes with leading the financial side of corporate initiatives that contribute to the company's growth and continued success.
Job Titles:
- Senior Director, Commercial Mortgages / Vancouver, BC
Jonathan Matthews has an exceptional track record of success and leadership in construction and commercial term real estate finance. Currently the Senior Director of Origination with MCAP's Commercial Mortgages Group, Jonathan has spent over 15 years in commercial origination, portfolio management and investment management roles. A licensed mortgage broker, Jonathan holds a BCom from UBC, is a certified appraiser holding his AACI designation and is a CFA charterholder. He draws on his experience, education and robust industry expertise to successfully manage a multi-billion-dollar commercial mortgage portfolio and reach his annual goal of originating over $550 million in commercial mortgages. Jonathan is a firm believer in giving back to the community, donating 10% of his gross income every year.
Job Titles:
- Associate Director, Sales, Western Region
Job Titles:
- Senior Director
- Senior Director, Commercial Mortgages
Leo St. Germain is a Senior Director in the Commercial Mortgages Group. He is responsible for originating, structuring, and closing commercial real estate debt transactions including CMHC insured financing for a variety of real estate owners, investors, developers, brokers, and not-for-profit organizations. Leo was successful in having MCAP selected to be one of two lenders by the Province of Ontario for its Wave 1 Affordable Housing Program. Leo has over 25 years of experience in construction and commercial term real estate finance. Prior to joining MCAP in 1991, he held management positions with a Schedule 1 bank in corporate and real estate finance followed by a life company owned real estate finance subsidiary. His tenure with MCAP included several years with a mortgage brokerage subsidiary. Leo believes knowledge, integrity, honesty, accountability, and trust are the keys to being successful in this profession. Leo holds an MBA from the University of Toronto Rotman School Of Management. Leo is an avid road bike racer, and spent several years fundraising for the Heart and Stroke Foundation principally through its annual Ride for Heart held in Toronto. In addition, he has participated in other fundraising initiatives, mostly involving cycling, such as the Ride for Karen, Cedars Cancer Foundation (Montreal), and Rethink Breast Cancer.
Job Titles:
- Business Development Manager, Greater Vancouver Area and Island
Job Titles:
- Senior Business Development Manager, GTA
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- Account Manager, Inside Sales
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- Business Development Manager, Quebec
Job Titles:
- Chief Executive Officer
- President
- President and Chief Executive Officer, Toronto, on
Mark Aldridge was appointed as MCAP's President & Chief Executive Officer on July 5, 2018. Mark is responsible for the planning, direction and overall profitability of all activities relating to the operations of MCAP's lines of business: Capital Markets, Single Family, Commercial Mortgages, Investor Relations and Development Finance. In this role, Mark prepares, executes and oversees MCAP's annual business plan and long term strategic plan in order to optimize MCAP's long-term sustainable earnings and value, while preserving its assets, capital and reputation. Prior to becoming President and Chief Executive Officer, Mark was MCAP's President and Chief Operating Officer since 2013. He was Executive Vice President and Chief Financial Officer from 2006 to 2013. He was responsible for all aspects of the enterprise's financial affairs including financial reporting, treasury and capital markets. Mark also advised the Executive Management Committee and the Board of Directors on strategic initiatives, acquisitions and distribution of assets. Mark joined MCAP in 2001 as Vice President and Corporate Controller. Mark is a Chartered Professional Accountant. He earned his Chartered Accountant designation at Ernst and Young. He has a Bachelor of Commerce, Honours from McMaster University.
Job Titles:
- Managing Partner - Commercial Mortgages, Toronto, on
- Managing Partner of MCAP 's Commercial Mortgages Group
- Managing Partner, Commercial Mortgages
Mark Yhap is the Managing Partner of MCAP's Commercial Mortgages Group and is responsible for growing MCAP's commercial platform on a national basis. Mark leads a team of professionals dedicated to originating, underwriting and servicing commercial mortgages across Canada. The commercial group's growth can be attributed to the high trust relationships it enjoys with its customers and investors that was built upon delivering on its commitments. Mark joined MCAP in 1989, and has held a variety of positions encompassing loan origination, underwriting, investor relations, structured finance and fundraising. As seen through his different roles, Mark's greatest passion in life is growth through continuing education and experience while being in alignment with his core values of integrity, accountability and servant leadership. Mark graduated from Wilfrid Laurier University receiving his Bachelor of Business Administration and is a Chartered Financial Analyst.
Mark Yhap is the Managing Partner of MCAP's Commercial Mortgages Group and is responsible for growing MCAP's commercial platform on a national basis. Mark's key contributions to the Commercial Mortgages Group (CMG) are identifying opportunities, setting strategic direction, and acquiring the required resources to expand CMG's presence in the conventional and CMHC Insured term lending markets, and providing commercial subservicing to MCAP's clients. Mark joined MCAP in 1989, and has held a variety of positions including loan origination, underwriting, investor relations, structured finance and fund raising. As seen through his different roles; Marks greatest passion in life is growth as an individual through continuing education and experience. Mark graduated, with Distinction, from Sir Wilfred Laurier University receiving his Bachelor of Business Administration and is a Chartered Financial Analyst. Mark believes long term success is based upon trusting relations with MCAP's borrowers, brokers, investors, regulators, insurers and internal partners. Trust is developed by meeting your commitments with integrity and competency leading to a track record of successful results.
Martin Nel - Chief Risk Officer, EVP
Job Titles:
- Chief Risk Officer
- Executive Vice President
- Executive Vice President & Chief Risk Officer, Toronto, on
Martin Nel is Executive Vice President & Chief Risk Officer. In his role, he is accountable for MCAP's enterprise-wide risk management programs, focusing on creating risk alignment within all lines of business. With over two decades of experience in financial services in Canada and Europe, Martin has a wealth of knowledge and experience in risk management, data and analytics and leading successful banking operations. Prior to joining MCAP, Martin spent over ten years as a senior executive at BMO, leading their personal and small business banking line of business. In this role, from 2009 to 2012, when BMO held an equity stake in MCAP Service Corporation, he served as a member of the board of MCAP Mortgage Corporation and then as the Chair. Over his career, he has also held advisory positions with regulatory bodies such as the CMHC and First Canadian Title. Prior to working for BMO Martin spent seven years with McKinsey & Co in France, serving financial institutions across Europe, Africa and the Middle East. Most recently Martin worked as Chief Commercial Officer for Smart Data Foundry, a subsidiary of the University of Edinburgh, specialising in deriving insights from large private sector financial datasets. Martin has a Bachelor of Commerce and Honours Accounting degree from Stellenbosch University (South Africa). As a Rhodes Scholar, he also obtained an Honours degree in Politics, Philosophy and Economics from Oxford University.
Job Titles:
- Senior Vice President, Single Family Sales
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- Business Development Manager, Southwest Ontario
Job Titles:
- Director of Origination With MCAP 's Commercial Mortgage Group
- Director, Commercial Mortgages
As Director of Origination with MCAP's Commercial Mortgage Group, Michael Green has a rich and varied professional history in the fields of real estate lending, servicing, and underwriting. Although he began his career in accounting, he gained experience in treasury, commercial lending, hospitality, development finance, supportive housing, and more. Today, Michael is excited to be part of a lending program that is focused on providing affordable housing in Canada and is looking forward to keeping up strong momentum in this area in the coming years. Michael is a graduate of the University of Victoria and Camosun College and loves living in close proximity to the Rockies, where he takes full advantage of the environment by mountain biking, cross-country skiing and hiking - depending on the season. He is also a regular volunteer at the shelter, food bank and veteran's food bank.
Neischa Bazzey is an Director in the Business Technology Group, Commercial Mortgages, and is responsible for leading the Business Technology team in delivering business solutions focused on maximizing efficiencies for the Commercial Mortgages Group and Development Finance Group. She leads and fosters positive working relationships within her team and with the various parties that her unit supports. Neischa has over 15 years' experience in the financial services industry, primarily in senior business analysis and project management roles. She joined the MCAP Residential Mortgages group in 2013 as a Senior Business Analyst and then progressed to Project Manager/Team Lead for several IT teams. Neischa is very experienced with MCAP's Agile project methodology and is a Certified Disciplined Agilist and a Certified Scrum Master. Neischa holds undergraduate degrees in Mathematics and Economics from the University of Waterloo and an MBA from Wilfrid Laurier University.
Job Titles:
- Artist
- Associate Director, Commercial Funding / Toronto, on
As Associate Director, Commercial Funding, Nelly Eshraghi brings a unique combination of real estate experience and legal background to MCAP's Commercial Mortgages Team. She developed in-depth industry knowledge over seven years in commercial real estate roles in the government and financial sectors and was called to the Iranian Law Society Bar in 2006 following her bachelor's degree in Law and her master's degree in International Commerce Law.
In her role today, Nelly manages and oversees the financial operations related to commercial funding within the MCAP organization, such as developing and implementing funding strategies, fostering relationships with financial institutions, mitigating financial risks, providing leadership and guidance, and staying up to date on market changes. Recognized as a team leader who can be counted on to solve issues, secure funding deals and develop strategic partnerships, Nelly is known for her ability to mitigate risk, operate efficiently and expand funding options for clients.
Outside of work, Nelly is an artist specializing in watercolour and pastels. She also enjoys playing the piano and the tar (a Persian instrument).
Job Titles:
- Broker Relationship Manager
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- Broker Relationship Manager
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- Associate Director of Loan Administration As Part of MCAP 's Commercial Mortgages Team
- Associate Director, Loan Administration
Patricia Coelho is the Associate Director of Loan Administration as part of MCAP's Commercial Mortgages Team. With over 25 years of experience in mortgage administration, Patricia joined MCAP in 2015 following previous positions with banking and insurance organizations. Patricia draws from both her extensive experience and robust education to thrive in her role. Holding a Bachelor of Commerce degree with a specialization in accounting (earned in India), she has also completed the Mortgage Broker's Course from the University of British Columbia as well as her Certification in Real Estate Finance (CRF) from the Real Estate Institute of Canada (REIC). Patricia is currently a member of REIC.
Job Titles:
- Business Development Manager, Quebec
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- Executive Vice President - Single Family Residential, Toronto, on
Paul Bruce is responsible for the strategic direction of MCAP's Single Family Residential mortgage business. He joined the company in 1992. In his 25+ years at MCAP and its predecessor companies, Paul has held various senior positions and responsibilities including the oversight of Sales, Underwriting, Risk Management, Mortgage Servicing, Subservicing, Default Management and Mortgage Investigations. Paul is a key member of the leadership team responsible for Mergers and Acquisitions. In 2012, MCAP completed the acquisition of the ResMor mortgage portfolio (the 4th largest mortgage acquisition in Canada) and more recently, MCAP acted in an advisory capacity with RFA's acquisition of Street Bank (the second largest acquisition in Canada). As seasoned mortgage industry executive, Paul has successfully led MCAP through acquisitions, expansion and changing economic cycles.
Job Titles:
- Business Development Manager, Eastern Ontario and Atlantic
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- Senior Director, Portfolio Management / Toronto, on
A graduate of Ryerson University with a Bachelor of Commerce degree, Raymond Leong has been in the commercial real estate and mortgage industry for approximately 15 years. He has held various positions in funding, underwriting (including origination and portfolio management), default management and senior management and throughout his career Raymond has developed expertise in CMHC insured financing, conventional commercial mortgage financing and construction development financing.
In his current role as Senior Director, Portfolio Management, Raymond's goal is to build a successful and efficient portfolio management team consisting of multi-faceted and skilled commercial mortgage underwriting professionals who can add value for internal and external clients alike. Motivated to help others achieve their personal, corporate and/or financial objectives, Raymond provides coaching, leadership and ongoing development opportunities to help his team thrive. A consistently high-performer, Raymond is known for exceeding corporate and financial objectives in all positions he has held. He has been recognized multiple times with corporate rewards and recognition awards, ultimately leading to his position as a highly respected member of senior management.
Job Titles:
- Managing Partner - Development Finance Group, Calgary
Robert (Bob) is responsible for the strategic direction and operations of the construction and development finance line of business for MCAP nationally. Development Finance services the Canadian real estate market focused on residential and commercial construction loans, value-added capital requirements (mezzanine and equity structures) and loan investment management. Operating from three offices regionally located in Vancouver, Calgary, Edmonton and Toronto; the Development Finance group contracts with its Developer/Borrower clients to arrange financing on a focused & targeted basis. MCAP's Development Finance group structures each investment transaction on its merits directing the origination to the investor clients best suited for the investment based upon product, location, pricing, capacity, developer history and experience. Bob has been with MCAP since 1994 and active in real estate finance since 1975. His real estate finance experience is extensive from direct lending, real estate brokerage (as owner principal) and mortgage banking with MCAP DFG. He is a licensed mortgage and real estate broker and is a past President of the Alberta Mortgage and Loans Association. Bob currently sits on a private Advisory Board , is a member of an executive peer mentor group and an active Rotarian.
Job Titles:
- Broker Relationship Manager
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- Business Development Manager, Saskatchewan & Manitoba
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- Business Development Manager, Edmonton
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- Business Development Manager, Calgary, Alberta
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- Broker Relationship Manager
Job Titles:
- Director, Broker Relations & Escalations
Job Titles:
- Director of MCAP 's Commercial Mortgages Group
- Senior Director, Commercial Mortgages / Calgary, AB
TJ Lee is a Director of MCAP's Commercial Mortgages Group in the Calgary office. He is responsible for originating, structuring, and closing commercial mortgages with emphasis on CMHC insured mortgage products. TJ has over 30 years of experience in real estate, financing and mortgage experience gained primarily with CMHC. Having held the position of Regional Manager/Director of Underwriting and Real Estate Default Management for over 15 years, and holding various positions at CMHC spanning over 25 years, TJ was responsible for managing and overseeing the real estate mortgage insurance operations in the Prairies and Territories Region- the largest geographical region in the country. In addition to annually overseeing multi-billion dollars of mortgage insurance and underwriting for both homeownership and multi-residential real estate, TJ's other responsibilities included the management and oversight of Real Estate Default Management and properties in distress. TJ holds a B.A. in Economics and Business Administration from the University of Winnipeg and holds professional designations of Certified Property Manager (CPM), and Certified Financial Administration (CFAdmin), as well as memberships in Mortgage Professionals Canada (MPC) and RECA. With his wealth of knowledge, expertise and experience in Real Estate Financing and mortgage insurance, TJ has participated and presented on numerous occasions to various panels and sessions. TJ believes in building trust, integrity, and respect over long-term relationships with clients, which has resulted in him being well regarded and respected by his industry peers.
Job Titles:
- Broker Relationship Manager
Job Titles:
- Senior Director in MCAP 's Commercial Mortgages Group
- Senior Director, Commercial Mortgages
Vito Campisi is a Senior Director in MCAP's Commercial Mortgages Group. He joined MCAP in 2011 after a 33 year career with CMHC. Vito is responsible for originating, structuring and closing commercial mortgages with emphasis on CMHC mortgage insured products that include: multi-family rental, retirement homes, not-for-profit housing and student housing. During his time at CMHC, Vito held various management positions in underwriting, finance, real estate, mortgage default management, non-profit housing delivery and housing agreements administration. Most notably, he managed the Ontario Region Multifamily and Homeowner Underwriting Departments from 1997 to 2011. Vito is a Licensed Mortgage Broker, an Accredited Mortgage Professional (AMP) and a Professional Accountant (CGA,CPA).