Joe Seroke Joins Sunwest Bank As EVP For Commercial Real Estate Division

Sunwest Bank Welcomes Joe Seroke as EVP and Managing Director

Sunwest Bank is excited to announce the appointment of Joe Seroke as the Executive Vice President and Managing Director of its Commercial Real Estate Banking division. With over two decades of financial industry experience under his belt, Seroke is poised to bring significant expertise to the bank’s real estate operations.

Carson Lappetito, President of Sunwest Bank, expressed their enthusiasm about Seroke joining the team, emphasizing his extensive background in commercial real estate (CRE). Lappetito stated, "His wealth of experience promises significant benefits for the bank and our clients." This move signals Sunwest Bank’s commitment to strengthening its position within the commercial real estate sector, a crucial area of growth for the financial institution.

Joe Seroke's Background

Before joining Sunwest Bank, Seroke held the role of Senior Vice President of Debt Capital Markets for Real Capital Solutions, a private equity family office focused on commercial real estate based in Boulder, Colorado. In this position, he was responsible for managing a nationwide portfolio of more than 75 loans, worth approximately $1.8 billion. His experience extends to building and maintaining lender relationships, as well as overseeing debt transactions that covered a diverse range of financing needs across the industry.

Moreover, Seroke’s career includes a notable position at KeyBank, where he was responsible for the Colorado and Utah markets. His long-standing tenure at PNC Bank involved serving as Senior Vice President and Market Leader for the Pacific Northwest and Western Canada regions. There, he focused on commercial real estate banking and worked closely with sponsors across Texas and throughout other key markets in the United States.

Educational Credentials

Seroke's academic credentials are equally impressive. He earned a Bachelor of Arts degree from Marietta College in Ohio and his MBA from Pennsylvania State University. His dedication to professional development is further underscored by his active involvement in the Colorado Chapter of NAIOP, a leading organization representing commercial real estate developers and owners.

A New Chapter for Commercial Real Estate Banking at Sunwest

In his new role at Sunwest Bank, Seroke will be entrusted with overseeing all aspects of the Commercial Real Estate Banking team. His responsibilities will encompass sales, strategy, and overall portfolio management within this vital sector. With a focus on fostering relationships with private real estate sponsors, high-net-worth individuals (HNW), family offices, institutional groups, and publicly traded REITs, Seroke aims to enhance the services offered by Sunwest.

Seroke conveyed his excitement about joining Sunwest Bank by commenting, "Given the caliber of the team and technology at Sunwest Bank and combined with a strong entrepreneurial spirit not readily found in the financial services industry, I am excited to join such a growth-focused organization." This sentiment reflects both his enthusiasm for commercial real estate and his commitment to utilizing his skills to benefit the bank and its clientele.

A Tradition of Excellence and Innovation

Since its founding in 1969, Sunwest Bank has earned a reputable place in the banking industry as a privately held commercial bank, currently boasting over $3.5 billion in assets. The bank is headquartered in Sandy, Utah, and serves multiple states including California, Arizona, Idaho, Utah, and Florida. Renowned for exceptional service tailored to the needs of entrepreneurs, privately held corporations, and real estate developers, Sunwest continues to extend its influence across the western United States.

In summary, the addition of Joe Seroke to Sunwest Bank marks a significant step forward in the bank’s mission to capitalize on growth opportunities within the commercial real estate sector. With his deep understanding of the market and commitment to client service, Seroke stands to lead Sunwest toward a promising future.

To learn more about Sunwest Bank and its offerings, visit Sunwest Bank.