Monday, October 31, 2011

Griggs Selected to Serve on MBA Board

NBS Financial Services President Ken Griggs has accepted a nomination to serve on the Mortgage Bankers Association (MBA) Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG).

COMBOG is comprised of MBA member executives from around the nation representing all aspects of the commercial/multifamily real estate finance industry. COMBOG leads the strategic development of MBA's commercial/multifamily policy, and initiatives as well as best practices and standards. It represents the diverse interests of MBA's member companies through standing councils, which are led by industry leaders and supported by expert staff, and special work groups and task forces.

Griggs has served as a finance officer with NBS Financial since 1993. He has originated over $1 billion in finance transactions for a wide variety of property types throughout the Northwest and around the country. He has been recognized as NBS Financial’s Top Producer many times, and became the company’s President in June.

Wednesday, October 12, 2011

Espy Joins NBS Financial as Manager of Loan Servicing

Jan Espy, a longtime property manager in Portland, has joined NBS Financial Services as Manager of Loan Administration.

In this position, Espy oversees loan closings, payment collection, escrow and financial analysis, property inspections, assumptions and acquisitions, payoffs, maturities, lease analysis, insurance requirements, investor reporting and customer service, while supervising the loan administration staff.

Espy has extensive experience in the commercial real estate industry, and has managed more than 6 million square feet of retail, office and industrial properties in the Portland metro area during her career. She has expertise in budget preparation, monthly financial reporting, construction and service contract supervision, capital and tenant improvements, tenant and owner relations, monthly and quarterly investment reporting, and working closely with institutional investors. Prior to joining NBS Financial, she was a Senior Property Manager at Portland’s Kidder Matthews office.

Espy earned a BA in sociology from Washington State University, and studied accounting and business administration at Portland State University. She is a Real Property Administrator (RPA) and licensed Oregon real estate broker.