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Press release content from PR Newswire. The AP news staff was not involved in its creation.
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Press release content from PR Newswire. The AP news staff was not involved in its creation.

Sharestates Welcomes New CFO Tina DelDonna to Lead Finance Operations

September 22, 2021 GMT
(PRNewsfoto/Sharestates)
(PRNewsfoto/Sharestates)
(PRNewsfoto/Sharestates)

GREAT NECK, N.Y., Sept. 22, 2021 /PRNewswire/ -- Sharestates, a leading real estate technology platform designed to support and accelerate the redevelopment of residential housing welcomes Christina (Tina) DelDonna as its new Chief Financial Officer (CFO) continuing its expansion of the executive leadership team. Ms. DelDonna is a multi-disciplinary CFO with more than 20 years of leadership in both public and private specialty finance and real estate lending organizations. Ms. DelDonna’s career in finance has positioned her as an experienced leader on compliance issues, finance and accounting intricacies, capital markets, investor reporting, and building out IT platforms for small business lenders.

Sharestates CEO, Allen Shayanfekr, said he’s excited to have Ms. DelDonna join Sharestates’ executive team, “Tina is an accomplished executive with over two decades of experience helping companies like Sharestates scale successfully. I am confident she will be a valuable partner in helping Sharestates build value and sharpen the company’s financial performance.”

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Ms. DelDonna’s specific expertise is in building and operating national business real estate lending and servicing platforms. This will be an asset to Sharestates as the company seeks to strengthen its market position. Ms. DelDonna has successfully developed cohesive teams across finance, accounting, and treasury operations and is looking forward to helping Sharestates continue to be a leading national real estate lending platform.

Ms. DelDonna added, “My expertise is well suited for working with Sharestates. The mission of Sharestates reflects my breadth of experience these past 20 years and I’m excited to build a world-class financial organization in support of Sharestates’ future growth.”

Before joining Sharestates, Ms. DelDonna was the Chief Operating Officer of Capital Crossing SBF, LLC (now Lendstream SBF, LLC), where she led the integration of financial operations and portfolio management as well as supervised capital markets reporting for small balance securitizations. Previously, she served as an operating partner with Ares Capital Corporation where she was CEO of the portfolio company, Ciena Capital LLC, and led the $1.6 billion small business commercial real estate portfolio and its financial operations out of bankruptcy while rebuilding and turning around the organization. Ms. DelDonna also served in leadership roles with a private equity investor and middle-market mezzanine lender for 18 years.

About Sharestates
Sharestates is one of the fastest-growing national private lenders focused on non-owner-occupied residential and commercial properties. The company creates customized lending solutions for real estate investors and developers. Sharestates has successfully funded over $3 billion in projects nationwide and has the broadest loan programs available in the market with competitive pricing.

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Sharestates funds loans from $100k to $20mm on residential (SFR 1-4), multi-family, mixed-use, and commercial properties. Its loan programs include residential bridge, fix & flip, new construction, portfolio, and rental loans. As a partner to its developers, Sharestates manages the servicing of all loans it originates through successful repayment to ensure the needs of our developers are met throughout the loan lifecycle.

Sharestates was founded by real estate veterans and its success is attributed to a strong leadership team, ease of use, sensible underwriting practices, and our relationship-focused lending strategy. Sharestates partners with direct borrowers and brokers.

Sharestates is one of many related real estate businesses managed by the executive team that exists to accelerate the redevelopment of residential housing. Collectively, the unique capability of each related business allows Sharestates to provide an end-to-end solution for its customers. In doing so, it creates a more positive borrower experience, better controls credit risk, and successfully monitors the loan through its entire lifecycle.

To learn more visit www.Sharestates.com.

CONTACT:
Justin Peterson
SVP of Marketing
212-201-0750
justin@sharestatesmail.com

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SOURCE Sharestates