Commercial Real Estate Finance Council Inc
To provide a platform for members of the commercial real estate finance industry to develop best practices and policies.
Commercial Real Estate Finance Council Inc at a glance
- Total assets
- $30,309,490
- +3.5% vs 2023
- Revenue (2024)
- $17,711,098
- +0.8% vs 2023
- Net investment income (2024)
- $814,327
- +15.3% vs 2023
- Expenses (2024)
- $16,825,270
- +6.6% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Commercial Real Estate Finance Council Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 4 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New York University New York, NY | Research and Studies | $1,500,000 |
| New York University New York, NY | Crefc center for real estate finance at the schack institute | $65,000 |
| Good Plus Foundation Inc New York, NY | General Support | $50,000 |
| Direct Relief Santa Barbara, CA | Covid-19 Relief | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $30,309,490 | $17,711,098 | $16,825,270 | — | — | $814,327 |
| 2023 | $29,295,036 | $17,561,967 | $15,780,343 | — | — | $706,108 |
| 2022 | $27,756,273 | $15,246,700 | $13,574,780 | — | — | $131,830 |
| 2021 | $15,641,619 | $8,091,268 | $9,001,746 | — | — | $-275,008 |
| 2020 | $12,476,264 | $10,529,359 | $11,114,823 | $1,665,000 | 4 | $57,692 |
About Commercial Real Estate Finance Council Inc
Based on IRS filings
Commercial Real Estate Finance Council Inc is a public charity, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30.3M in total assets. Net investment income was $814K.
Leadership & Key People
Officers and directors from IRS filings
Commercial Real Estate Finance Council Inc is led by Lisa Pendegast, Executive Director on every filing since 2020; 7 of 61 officers listed in 2024 are compensated.
Officers on the 2024 filing
Lisa Pendegast
Executive Director
On filings since 2020
40 hrs/week
$758K (2020) → $1.2M (2024)
Daniel Olsen
Long Range Planning & Inv. Committee Chair
Governor → Long Range Planning & Investment Committee Chair, 2021
Long Range Planning & Investment Committee Chair → Long Range Planning & Inv. Committee Chair, 2022
On filings since 2020
1 hr/week
No compensation reported
Lissette Riverapauley
Secretary & Program Committee Chair
Governor → Secretary & Program Committee Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Richard Jones
Policy Committee Chair
Pac Co-Chair → Policy Committee Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Zanda Lynn
Membership Committe Chair
Membership Committee Chair → Governor, 2021
Governor → Membership Committe Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Gregory A. Cross
Policy Committee Chair
On filings since 2021
1 hr/week
No compensation reported
Robert R. Foley
Chair
Secretary → Chair, 2024
On filings since 2021
1 hr/week
No compensation reported
David McCarthy
Managing Director & Head of
Managing Director & Head of Policy → Managing Director & Head of, 2024
On filings since 2020
40 hrs/week
$205K (2020) → $478K (2024)
Edward W. Deangelo
Senior Managing Director
Senior Managing Director → Senior Managing Director & COO, 2023
Senior Managing Director & COO → Senior Managing Director, 2024
On filings since 2020
40 hrs/week
$395K (2020) → $586K (2024)
Rajesh Aidasani
Managing Director & Researc
Senior Director & Research → Managing Director & Research, 2022
Managing Director & Research → Managing Director & Researc, 2024
On filings since 2020
40 hrs/week
$278K (2020) → $395K (2024)
Sairah Bruki
Managing Director & Regulat
Managing Director & Regulatory Policy → Managing Director & Regulat, 2024
On filings since 2023
40 hrs/week
$427K (2023) → $477K (2024)
Catlin Adams
Director, Meetings & Member
Senior Manager, Meetings & Events → Director, Meetings & Membership, 2022
Director, Meetings & Membership → Director, Meetings & Member, 2024
On filings since 2020
40 hrs/week
$153K (2020) → $265K (2024)
Luigi Pulice
Senior Director of Marketing
New on the 2024 filing
40 hrs/week
$269K (2024)
Abigail Franchot Borok
Governor
On filings since 2020
1 hr/week
No compensation reported
Adam A. Behlman
Treasurer
Chair → Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Annemarie G. Dicola
Governor
On filings since 2020
1 hr/week
No compensation reported
Brendan D. McCormick
Governor
On filings since 2020
1 hr/week
No compensation reported
Craig A. Welin
Governor
On filings since 2020
1 hr/week
No compensation reported
Elaine McKay
Vice Chair
Governor → Vice Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Francisco Paez
Governor
On filings since 2020
1 hr/week
No compensation reported
Gerard T. Sansosti
Governor
On filings since 2020
1 hr/week
No compensation reported
Jan Sternin
Pac Co-Chair
Pac Co-Chair → Vice Chair, 2021
Vice Chair → Pac Co-Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Kathleen Corton
Governor
On filings since 2020
1 hr/week
No compensation reported
Kelly M. Wrenn
Governor
On filings since 2020
1 hr/week
No compensation reported
Leland Bunch
Chair-Elect
Governor → Chair-Elect, 2024
On filings since 2020
1 hr/week
No compensation reported
Libby Kislak
Governor
On filings since 2020
1 hr/week
No compensation reported
Lisa Pauquette
Governor
On filings since 2020
1 hr/week
No compensation reported
Matthew Cohen
Governor
On filings since 2020
1 hr/week
No compensation reported
Michael D. Mesard
Governor
On filings since 2020
1 hr/week
No compensation reported
Paul Hughson
Governor
On filings since 2020
1 hr/week
No compensation reported
Paul T. Vanderslice
Governor
Program Committee Chair → Governor, 2021
On filings since 2020
1 hr/week
No compensation reported
Peter P. Cosmetatos
Governor
On filings since 2020
1 hr/week
No compensation reported
Richard Highfield
Governor
On filings since 2020
1 hr/week
No compensation reported
Robert J. Koontz
Governor
On filings since 2020
1 hr/week
No compensation reported
Steve Schwartz
Governor
On filings since 2020
1 hr/week
No compensation reported
Tobin Cobb
Governor
Membership Committee Chair → Membership Committe Chair, 2023
Membership Committe Chair → Governor, 2024
On filings since 2020
1 hr/week
No compensation reported
Alan L. Todd CFA
Governor
On filings since 2021
1 hr/week
No compensation reported
Daniel J. Vinson
Governor
On filings since 2021
1 hr/week
No compensation reported
Daniel Rood
Governor
On filings since 2021
1 hr/week
No compensation reported
Deborah J. Ginsberg
Governor
On filings since 2021
1 hr/week
No compensation reported
Harris Trifon
Immediate Past Chair
Chair-Elect → Immediate Past Chair, 2024
On filings since 2021
1 hr/week
No compensation reported
Jane Lam
Governor
On filings since 2021
1 hr/week
No compensation reported
Jeehae Lee
Governor
On filings since 2021
1 hr/week
No compensation reported
Kim S. Diamond
Governor
On filings since 2021
1 hr/week
No compensation reported
Mary Jane Potthoff
Governor
On filings since 2021
1 hr/week
No compensation reported
Matthew Salem
Governor
On filings since 2021
1 hr/week
No compensation reported
Shannon Erdmann
Governor
On filings since 2021
1 hr/week
No compensation reported
Stefanos Arethas
Governor
On filings since 2021
1 hr/week
No compensation reported
Teresa Zien
Governor
On filings since 2021
1 hr/week
No compensation reported
Zach Freedman
Governor
On filings since 2021
1 hr/week
No compensation reported
Jason Abel
Counsel
Governor → Counsel, 2024
On filings since 2022
1 hr/week
No compensation reported
Scott Sinder
Counsel
Governor → Counsel, 2024
On filings since 2022
1 hr/week
No compensation reported
Darren Gluck
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Leslie Hayton
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Martin Schreiber
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Michael Barbiere
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Myndsay Stephenson
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Nilesh Patel
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Raul Orozco
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Scott Epperson
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Wendy Pei
Governor
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (42)
- Former: Aj Sfarra (2020–2023) — Governor
- Former: Chuck Lee (2020–2023) — Governor
- Former: David A. Harrison (2020–2023) — Program Committee Chair
- Former: Douglas J. Tiesi (2020–2023) — Governor
- Former: Eric B. Thompson (2020–2023) — Immediate Past Chair
- Former: J. Christopher Hoeffel (2020–2023) — Governor
- Former: Jack Gay (2020–2023) — Governor
- Former: Joshua Cromer (2020–2023) — Governor
- Former: Kathleen Olin (2020–2023) — Managing Director Industry Initiatives
- Former: Keith A. Gollenberg (2020–2023) — Governor
- Former: Lainie Kaye (2020–2023) — Governor
- Former: Leah Nivison (2020–2023) — Chair
- Former: Mark Ritchie (2020–2023) — Governor
- Former: Melissa Dolski (2020–2023) — Governor
- Former: Mitchell Resnick (2020–2023) — Governor
- Former: Laura Swihart (2021–2023) — Executive Committee Member
- Former: Richard Slaton Sr. (2021–2023) — Governor
- Former: Christine Patterson (2020–2022) — Governor
- Former: Danielle Nathan (2020–2022) — Director & Education
- Former: Kimberly Pang (2020–2022) — Director & Programming
- Former: Sairah Burki (2020–2022) — Managing Director & Regulatory Policy
- Former: Janie Lam (2022) — Senior Manager & Member Services
- Former: Justin Ailes (2020–2021) — Managing Director & Government
- Former: A. Michael May (2020) — Governor
- Former: Adam Hayden (2020) — Governor
- Former: Christina R. Zausner (2020) — Senior Director, Industry & Policy Analysis
- Former: Cory Olson (2020) — Vice Chair
- Former: Drew Fung (2020) — Governor
- Former: Gary Fox (2020) — Manager & Executive Assistant
- Former: Greta Guggenheim (2020) — Governor
- Former: Jack Cohen (2020) — Governor
- Former: Kevin Collins (2020) — Governor
- Former: Kevin Wodicka (2020) — Governor
- Former: Kunal Singh (2020) — Governor
- Former: Larry Brown (2020) — Executive Committee Member
- Former: Luke Dann (2020) — Governor
- Former: Meghan Roberts (2020) — Senior Manager, Sponsorship & Marketing
- Former: Michael P. Flood (2020) — Deputy Executive Director
- Former: Mike Syers (2020) — Treasurer
- Former: Patrick Sargent (2020) — Policy Committee Chair
- Former: Robert Brennan (2020) — Long Range Planning & Investment Committee Chair
- Former: Sang Yu (2020) — Governor
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.2M, to Lisa Pendegast (Executive Director). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Commercial Real Estate Finance Council Inc
How large is Commercial Real Estate Finance Council Inc?
Commercial Real Estate Finance Council Inc reported $30.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $17.7M.
Where does Commercial Real Estate Finance Council Inc operate?
Commercial Real Estate Finance Council Inc has awarded grants in California, New York.
What is Commercial Real Estate Finance Council Inc's EIN?
Commercial Real Estate Finance Council Inc's EIN (Employer Identification Number) is 48-1150519. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- IRS filings on file for fiscal years 2020–2024
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Commercial Real Estate Finance Council Inc down — hundreds of funders to go?