Paul T. Vanderslice Appointed as New President and CEO of CREFC

CREFC Welcomes Paul T. Vanderslice as President and CEO

The CRE Finance Council (CREFC), a key player in the commercial real estate finance industry, has declared the appointment of Paul T. Vanderslice as its new President and Chief Executive Officer, effective September 30, 2026. Vanderslice’s extensive experience in the commercial real estate sector is expected to bolster CREFC's initiatives aimed at advocating for the industry and enhancing its market presence.

A Veteran in the Industry

With over 30 years of deep-rooted experience in commercial real estate financing, Vanderslice's career encompasses prominent leadership positions at major financial institutions, including his recent role as Head of CMBS at BMO Capital Markets. His responsibility there included overseeing the origination, securitization, and distribution of new issue transactions, reinforcing his hands-on expertise in commercial mortgage-backed securities (CMBS).

Vanderslice's long-standing relationship with CREFC—the organization he joined nearly three decades ago—has seen him participating in various leadership roles, including serving as Chair of CREFC's Executive Committee and Board of Governors from 2012 to 2013. His profound knowledge of CREFC’s operations and its mission positions him well to navigate the challenges and opportunities that lie ahead for the organization.

Industry Insights and Leadership Transition

Toby Cobb, Co-Founder and Co-Managing Partner of 3650 Capital, welcomed Vanderslice, highlighting his substantial industry insight and commitment to CREFC’s objectives. Cobb expressed the Council's eagerness to see how Vanderslice's seasoned leadership might enhance member engagement and advocacy efforts in the coming years.

CREFC also took this opportunity to express gratitude to Lisa Pendergast for her decade of remarkable service and leadership, as well as Ed DeAngelo’s guidance as Interim President and CEO during this transitional phase.

Looking Ahead

Focusing on CREFC’s mission, Vanderslice will champion the organization's goal to enhance advocacy, improve market intelligence, and advance education within the industry. His commitment to setting industry standards and engaging members through high-caliber events will be pivotal as CREFC navigates an evolving landscape influenced by both economic changes and regulatory developments.

In his words, Vanderslice reflects a dedication to the vision and objectives of CREFC: “I am honored to lead an organization that plays such a critical role in the commercial real estate finance ecosystem. I look forward to fostering collaboration and driving initiatives that benefit our members and the industry at large.”

Conclusion

As a Certified Public Accountant with significant financial credentials—a degree from Boston College and an M.B.A. from The Wharton School—Vanderslice’s leadership heralds a promising new phase for the CREFC as it continues its mission amidst the rapidly changing commercial real estate landscape. Stakeholders within the industry keenly await the fresh perspectives and strategies he will bring to the table, reinforcing CREFC’s pivotal role as a leader and advocate in commercial real estate finance.

With such a distinguished and committed figure at the helm, CREFC is poised to continue promoting liquidity, transparency, and efficiency across the real estate finance markets, ensuring that it remains at the forefront of this vital industry.