 |
presents
|
|
 |
REGISTER TODAY!
November 16, 2023
8:30 a.m. - 4 p.m. (check-in starts at 7:30 a.m.)
Embassy Suites Boulder
2601 Canyon Boulevard
Boulder, CO 80302
|
|
|
|
|
8 CE credits are available to attendees through BOLO REALTORS®. Attendance guidelines apply.
|
|
|
|
|
Commercial - Tightened Lending - 10:30-11:30 a.m.
|
|
|
Banks have been tightening standards for commercial real estate loans, with lower loan-to-value ratios and higher debt service coverage requirements. Banks also are building up reserves for CRE loan losses, especially
for loans backed by office properties. How will Boulder Valley property owners and investors navigate this new lending environment, both for new developments and loans that are maturing?
Dennis Paul, Vice President, Government Affairs & Strategic Partnerships, Elevations Credit Union (Moderator)
Joe Kalb, 1st Mortgage Officer, Blue Federal Credit Union
Aaron Spear, Boulder Market President, Bank of Colorado
Stephen Tebo, Owner, Tebo Properties
Gretchen Wahl, Managing Director, Community Banking, FNBO
|
|
|
|
|
Dennis PaulVP, Government
Affairs & Strategic Partnerships
Elevations Credit Union (Moderator)
Having worked in the credit union industry for more than 30 years, Dennis has been involved in all facets of retail delivery, lending, operations, marketing, community affairs and business development. Dennis’ current responsibilities include the oversight of Elevations Credit Union’s governmental affairs initiatives and strategic partnerships. He also is responsible for the leadership of the Elevations Foundation, an independent 501(c)3 nonprofit organization charged with carrying out the philanthropic endeavors of Elevations Credit Union. Dennis is charged with positioning Elevations as the go-to resource in the markets it serves. In addition to community relations, Dennis serves as a spokesperson for the credit union.
|
|
|
|
Joe Kalb1st Mortgage
Officer
Blue Federal Credit Union
Joe has worked in Lending for Blue Federal Credit Union since 2012. With a passion for helping members and providing sound financial advice, Joe’s success has relied on his knowledge of products and providing quality service and consultation. Having experience with Conventional, FHA, VA, and USDA loans, Joe can assist buyers with determining the best program for their needs and the ability to think outside the box to achieve their goals. Originally from Iowa and with a degree from Iowa State University, Joe fell in love with Colorado after spending vacations skiing and camping in the Rockies. When he’s not in the office, you’ll find Joe traveling with his wife and 2 boys, exploring in the mountains, playing music, or completing his latest
woodworking project.
|
|
|
Aaron SpearBoulder Market
President
Bank of Colorado
Aaron is the president of Bank of Colorado’s Boulder market and has 25+ years experience in banking and the financial services industry. Aaron takes pride in advising his clients and helping them meet their financial goals. Aaron is also very active in the community and has served as a board member of the Wild Bear Mountain Ecology Center, as an Advisory Board Member of the Fire Mountain Rehab Center as well as the Innovation HQ. He has also served as the chairman of the Boulder Distinguished Citizens Dinner, the president of the Boulder Masonic Association Inc., and as a board member and the secretary of the Emergency Family Assistance Association. He is a member of the Boulder Chamber’s Community Affairs Council and a contributing member of
Boulder Together. In his free time, Aaron enjoys spending time with his family, skiing, biking, hiking/backpacking, camping, fishing and barbecuing with friends.
|
|
|
Stephen TeboFounder &
Owner
Tebo Properties
Stephen Tebo is founder and owner of Tebo Properties and owns more than 225 properties comprising more than 3,500,000 square feet and leasing to more than 600 commercial tenants. Tebo was born in 1944 in Hill City, Kansas, the son of Lorene and John Tebo. He began his career shining shoes at a nearby barber shop at just 8 years old. At age 11, he discovered his passion for collecting coins, which led to him to launch a coin-collecting business. That led to the founding of Tebo Coin and Tebo Store Fixtures, which sold display fixtures throughout Colorado. The enormous success and growth of both Tebo Coin and Tebo Store Fixtures forced Tebo to find more space for his businesses. Needing 4,000 square feet for his two businesses, Tebo began looking
for available space in Boulder. He decided to build a 10,000-square-foot building, Tebo Square. Tebo leased the remaining 6,000 square feet to other tenants. That’s when Tebo realized that he enjoyed the idea of investing in commercial property. Tebo continues to pursue his passion for commercial real estate and establishing quality relationships with the local business community.
|
|
|
Gretchen WahlManaging
Director, Community Banking
FNBO
Gretchen leads a team of community relationship managers, fostering deep relationships in the regions she serves. In her role, she makes sure that her commercial clients have simple and efficient access to the services and financing they need to run a profitable operation. Gretchen brings more than 25 years of diverse banking experience to FNBO and her clients. She has accomplished executive roles in commercial banking with a prior emphasis on C&I lending. Gretchen has a Bachelor of Science degree in management from Penn State University and has completed the Stonier Graduate School of Banking through the American Bankers Association. Her dedication to her profession and her clients has been documented through the receipt of several honors,
including recognition as a 40 under Forty honoree and a Boulder County Regional Young Careerist. She is also a Leadership Boulder graduate and a member of the Boulder Chamber of Commerce.
|
|
|
|
|
|
|
|
|
|
|
