One of the pillars of Wilshire Finance Partners, our CEO Donald Pelgrim, is a high achiever who brings both a valuable legal and analytical perspective to trust deed investing and is the perfect complement to the real estate background and marketing skills of co-partner Kevin DeMeritt.
Donald Pelgrim has been a practicing attorney and a chief-level executive officer in the banking and financial services industry for several years now. He holds a Juris Doctorate from Loyola Law School of Los Angeles, a Bachelors of Business Administration from Hofstra University and has maintained his California Real Estate License since 1986. In addition to running banks, Don has been engaged in real estate finance, the acquisition and disposition of real estate, loan workouts and the resolution of problem assets. From a broader perspective, his experience also extends to finance, mergers and acquisitions, capital markets, corporate governance and regulatory issues affecting public and privately held financial institutions.
A much sought-after speaker and consultant, Don has also been an advisor to directors and CEOs at banks experiencing financial, regulatory and other challenges. He has consulted for large national lenders regarding the development and positioning of their residential mortgage programs in Southern California. In connection with his banking and bank advisory services, Don has received regulatory “non-disapproval” from the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System and the Office of Thrift Supervision to serve as a Chief –Level member of executive management teams in federally insured financial institutions.
Additionally…Don has spoken at the Western Independent Bankers Association and Independent Bankers Association conferences regarding challenges facing banks, boards and management. He has established secondary marketing programs for loan sales and participations providing increased liquidity and additional interest income. And Don has represented clients in:
Complex real estate acquisition and developmental projects involving hundreds of millions of dollars
Direct and syndicated loan transactions that concerned loans involving hundreds of millions of dollars
Mezzanine financing including debt and equity
Bank mergers and acquisitions
The recipe for business success includes a generous dose of experience, accomplishment, skill, motivation and leadership — all of it coming together at precisely the right time. That’s what Donald Pelgrim brings to Wilshire Finance Partners and to you…our investors.