Prior to joining Coseo Properties Inc. in 2010, Jeffrey D. Stites worked for 30 years in the real estate finance lending industry with the preeminent financial institutions of the Western United States including Wells Fargo, First Interstate Bank, San Diego Trust & Savings Bank, and First National Bank.
Jeff previously served as Senior Vice President and Regional Manager (San Diego, Orange County, and Las Vegas, NV) for the real estate division of City National Bank where he managed a $1.2 billion real estate portfolio. His structured transactions included: construction, mini-perm, mezzanine, and shared appreciation financing associated with all types of commercial and residential properties.
As Chief Operating Officer, Jeff is responsible for overseeing the full scope of CPI’s project development as well as the firm’s day-to-day operating activities, including: revenue and sales growth; expense, cost, and margin control; and monthly, quarterly, and annual financial goal management. Jeff provides essential leadership and mentorship within the firm, providing strategic guidance and leadership based on his high-level corporate experience. Jeff also manages CPI’s excellent lending relationships with Northern Trust, TCF Bank, Pacific Premier, Chemical Bank, CBRE Capital Markets, Rabobank, Berkadia, and many others.
Jeff, a former U.S. Olympian in water polo, maintains his passion for the sport and community service through his participation in a non-profit organization supporting boys and girls athletics.SEE FULL TEAM