Introducing CSC SAM-3/30/20
Many financial institutions need resources to manage the surge of loan workouts unleashed by the COVID-19 pandemic. CSC Specialty Asset Management (“SAM”) provides a contract workout solution for lenders to prudently manage elevated problem assets. Our team of experienced professionals act as a seamless and integrated outsourced workout solution.
- Highly trained professionals with comprehensive loan workout experience
- Broad knowledge of multiple loan types, ranging from traditional CRE, hospitality, senior housing, churches, SBA, and C&I
- Our professionals join your team under your platform and your supervision
A subsidiary of Clark Street Capital, CSC Specialty Asset Management is led by James McCartney, who brings decades of management of complex portfolios.
Analytical and results-driven, Jim has a demonstrated track record of achievement in loan workouts, real estate debt, commercial and industrial (C&I) financing for both banks and finance companies.
Before joining Clark Street, Jim served in a variety of senior roles with Urban Partnership Bank in Chicago, a community development financial institution capitalized by a variety of Wall Street and regional institutions to acquire the assets of ShoreBank, subject to an FDIC loss share agreement on a highly distressed and complex $1.4 billion portfolio.