Edward A. Busansky

Professional Experience:

2002 to present: Senior Vice President
First Housing, Tampa, Florida
Responsible for providing credit underwriting reports on affordable housing transactions for the State of Florida and other Housing Finance Authorities within the State of Florida. Other Responsibilities include underwriting loans for and managing a loan pool consisting of approximately 14 banks, which makes loans to developers who provide affordable housing.

2000 - 2002: Senior Vice President
Bank of America, Tampa, FL

Loan officer for Community Development Lending. Originated and closed affordable housing loans within the State of Florida. Typical loans consisted of multifamily properties eligible for tax-exempt bond financing, 9% tax credits and redevelopment. On a nationwide basis in 2001, was named the top producer of affordable housing loans for Bank of America's Community Development Lending Group.

1995 - 2000: Vice President
GMAC Commercial Mortgage, Tampa, FL
Production officer for West Coast of Florida since summer of 1997. During this time period, responsible for originating approximately $120,000,000 of loan volume with my partner. Approximately, 50% of loans originated through my contacts. The transactions have consisted of multi-family, retail, industrial and healthcare loans.

1991 - 1994: Senior Account Officer
Citicorp Real Estate, Inc., Tampa, FL

Managed a $60 million loan portfolio consisting of nine troubled properties. Portfolio consisted of seven bond financed apartment properties, one conventionally financed apartment property and a bond financed retail center. Negotiated and structured creative and innovative solutions for troubled loans and, if necessary, took title to the property.

1988 - 1991: Associate
The Boston Company, Boston, MA

Responsible for structuring and pricing equity purchases, joint ventures, and participating shared-appreciation mortgages in excess of $25 million for pension funds. Analyzed real estate investments in office, residential, retail, and industrial properties. Also, screened investment packages, participated in briefing clients and developed underwriting standards.

1986 - 1988: Real Estate Analyst
First Winthrop Corporation, Boston, MA

Real Estate Analyst - Responsible for operational review and financial analysis of syndicated residential properties. Conducted market research, performed variance and investment analysis and developed profit projections. Approved related operating and capital budgets. Made recommendations on future financial actions and participated in minimizing losses of depressed properties.

Education

The Wharton School, University of Pennsylvania
Graduated with a Bachelor of Science in Economics, May 1986. Majored in Finance.

Other Activities
Board Member of the Hillsborough County Housing Finance Authority



1715 N. Westshore Boulevard • Suite 700 • Tampa, Florida 33607
(813) 289-9410 • FAX (813) 289-5580
E-mail:
mail@firsthousingfl.com