Rocco P. Pirrotta

Lender Specialist
Workouts, Assets Sales

Contact Info

Phone: (877) 337-8283
Email: Rocco@PremiereEstates.com

About Me

Over forty years of Commercial Real Estate Banking experience covering loan origination, loan restructuring, note sales and workouts including working with attorneys on foreclosures, receiverships, OREO and other asset sales.

Rocco has worked for large money center banks including Citibank and Bank of America (Seattle) as well as local Los Angeles regional banks including Cal Fed, Redwood Bank (SF), Community Bank, Wilshire Bank and Pacific Premier Bank.

Rocco has managed loan workout departments and loan origination departments including as a team leader restructuring nationally syndicated loans ranging from $50MM to $400MM. As a result, I am familiar with loan origination and foreclosure/liquidation rules and procedures in various states including California, Washington, Nevada, Arizona, New York, Texas and Florida.

Rocco’s expertise included shutting down and liquidating the bank’s Los Angeles Mortgage and Construction Loan operations.

Rocco has sold bulk note sales to institutional buyers as well as single and small package note sales to individuals. Rocco has managed and sold various commercial real estate projects including a sod farm in Florida, Hotel in Toledo, anchored shopping center in Alaska and various multi-family and retail centers throughout the United States.

Rocco has assisted banks with complicated workouts, note sales including packaging performing and non-performing portfolios for bulk sale and placement of otherwise unbankable loans. Rocco has testified as an expert witness representing banks who were sued by their borrowers for various alleged irregularities in the banks’ lending and asset management practices.

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