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Sammy Greenwall

Co-Founder at Lev - We're hiring!lev.co/jobs

Sammy Greenwall is a realist with a sprinkle of pessimism, known for building things at Lev Capital. Sammy pursued a Bachelor's degree in Economics and Political Science at Swarthmore College and Economics and Politics at Pomona College. Prior to that, they attended Head-Royce School for high school. Sammy is the co-founder of Lev and has held roles as M&A and Capital Markets Associate at Toll Brothers, as well as in Venture Capital at Tuesday Capital and Blumberg Capital.

Highlights

Sep 9 · linkedin

Does cre finance actually benefit from tech? Check out an unedited email below from a real person at a real bank.

"Thank you for the additional information. And I hate to ask this at such short notice,….but after reviewing the report again, I realized had it mixed up with a different appraisal of a Grand Rapids area shopping center and the appraiser was not who I thought it was when we initially discussed it. As such, I have some concerns as well and have a meeting scheduled with the appraiser today in the afternoon. Would you mind if you allowed me to discuss my concerns with the appraiser (and I’ll provide him with your data), and then we circle back on early Monday and hopefully this matter will be finalized by noon on Monday."

This deal almost fell through because a lender used the wrong appraisal! Fortunately, Lev has built out a tech solution and in house valuation team exclusively focused on contesting appraisal issues (~50% of all financing transactions die in the closing stage because of an appraisal issue). Our in house underwriting machine identified the right comps and generated a compelling report to justify value.

We want to eventually offer this solution to the lender themselves so they can effectively execute across all their transactions (not just Lev deals). While you can't rely on a person to do their job you can build a scalable solution to do it on their behalf. More to come...

Sammy Greenwall
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Location

New York City Metropolitan Area