Mike Elam Joins Partner to Enhance Risk Management in Residential Construction Lending

Mike Elam Joins Partner Residential Consultants

Partner Residential Consultants, a leading firm in the realm of construction risk management, is excited to announce the addition of Mike Elam as its new Relationship Manager. This strategic hire marks a significant step in the company's mission to expand its Residential Construction Services by enhancing client relationships and fostering new business opportunities. Mr. Elam will be instrumental in guiding clients through the intricacies of the construction lending process while utilizing the technical expertise from Partner Engineering and Science, Inc.

With over 25 years of experience in financial services, construction lending, and risk management, Mike Elam is poised to make a significant impact. His diverse background has not only enriched his understanding of the industry but has also equipped him with skills to help organizations grow on a national scale. His previous roles involved bolstering client relationships and supporting lenders at every stage of the construction lending lifecycle, from feasibility assessments to post-closing services, ensuring that clients effectively manage the associated risks.

Larry Manchester, the Director of Construction Services at Partner, expressed enthusiasm about Elam's arrival. He stated, "Mike brings a strong combination of residential construction lending expertise, operational knowledge, and industry relationships. His client-focused approach makes him an excellent addition to our team as we aim to enhance our Residential Construction Services practice."

Prior to joining Partner, Elam occupied leadership positions where he catered to financial institutions and government-backed lending programs. His achievements include developing robust programs for various lending categories such as single-family, multifamily, commercial, alongside ongoing projects supporting initiatives tied to Fannie Mae, Freddie Mac, and HUD. Throughout his career, he has overseen projects with up to $55 million in national operations, managing more than 165 national accounts and facilitating over 12,000 transactions monthly.

Moreover, Elam is credited with pioneering one of the earliest online mortgage marketplaces, supplemented by his support to residential construction programs completing an impressive number of projects each year.

He expressed his excitement about joining Partner: "What attracted me most was the opportunity to leverage our comprehensive service offerings to better assist clients through the entire construction lending lifecycle while building upon the relationships I've cultivated over the years."

Elam's academic qualifications include a Bachelor of Arts degree from Valdosta State University, alongside various professional certifications such as GE Certified Six Sigma Master Black Belt, SBA Certified Risk Management Professional, Certified Franchise Assessment Risk Professional (CFARP), and Construction Risk Management Specialist (CRMS).

For more information about Partner Residential Consultants and its comprehensive risk management services, you can visit their website. The firm prides itself on providing tailored solutions to meet the diverse needs of residential construction lenders, from pre-close evaluations to post-close monitoring.

To contact Partner for further inquiries or interviews, reach out to Gabriela Vicente, Senior Marketing Brand Manager, at 310-220-6260 or [email protected].