OUR NEW VICE PRESIDENTS

MIKE COEN

MIKE COEN

VICE PRESIDENT

Mike Coen joined Procida Funding and Advisors in June of 2015. Mike co-leads the asset management team and helps facilitate the firm’s efforts in underwriting analysis. Mike along Derek Weissman will be handling the day-to-day operations of the 100 Mile Fund loan portfolio.

Prior to joining Procida, Mike help manage a portfolio of distressed commercial real estate assets at NRT REO Experts. Mr. Coen worked closely with other nationwide asset management companies servicing clients including JP Morgan Chase, Capital One and Bank of America. Mike served as a key member of the division with $100 million in assets under management generating a liquidation value of more than $670 million.

Mr. Coen completed his Masters in Real Estate Development (MSRED) at Nova Southeastern University and recently completed NYU’s Schack Institute of Real Estate Professional Certification in Real Estate Finance.

BRIAN FOLEY

BRIAN FOLEY

VICE PRESIDENT

Brian Foley joined the team full time as an Associate in May of 2016 after graduating with a BS in Economics from the Wharton School of Business at the University of Pennsylvania with concentrations in Finance and Real Estate. Brian was also member of Penn’s varsity swim and dive team, specializing in backstroke.

Before coming to Procida, Brian interned at Advantage Futures, one of the highest volume futures broker in the industry, based out of Chicago. There, Brian learned key values in sales and trading.

At Procida, Brian worked on R.E.O. assets and distressed deals. Now, Brian leads Procida Funding’s Originations department.

DEREK WEISSMAN

DEREK WEISSMAN

VICE PRESIDENT

Derek Weissman joined Procida Fund and Advisors in June 2015. June 2015, following an internship in 2014. He graduated from University of Colorado Boulder. Derek along with Mike Coen will be handling will be handling the day-to-day operations of the 100 Mile Fund loan portfolio.

Since joining Procida, Derek has been directly involved in the underwriting, closing and asset management of over $200 million of construction, bridge and DIP loans.

While at CU Derek studied Business Management and earned a certificate in Real Estate. Before joining Procida, Derek worked as a Market Research Analyst for Colliers International.

While in school, Derek also held a position at Hapoalim Securities, working with the structured CD’s and Compliance departments. While at University of Colorado Boulder Derek was a member Phi Kappa Psi fraternity.

GlobeSt-Philadelphia

DON'T MISS OUT!

As a sponsor of the 2019 GlobeSt.com PHILADELPHIA, we are pleased to offer you an EXCLUSIVE 15% DISCOUNT off standard rates to attend the leading gathering of the industry’s most influential and knowledgeable executives on February 13th at the Crystal Tea Room, Philadelphia, PA.

Join us alongside top real estate owners, investors, developers, brokers, and financiers for an exclusive panel discussion joined by Billy Procida for a high-level view of the biggest trends impacting Philadelphia’s CRE market, as they tackle subjects ranging from factors fueling the market, opportunity zone incentives, sectors to watch, and vacancy rates.

$3 BILLION FUNDED! BILLIONS MORE BUILT & FIXED SINCE 1995

Return-to-onvestors

$560,396,824

Loans-repaid

$376,932,397

Loans-originated

13.07%

The 100 Mile Fund is an open-ended real estate investment vehicle exclusively managed by Procida Funding, LLC.  The Fund provides bridge, construction, mezzanine, and preferred equity financing for value add, distressed, and special opportunistic situations within 100 Miles of New York City.

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GlobeSt.com PHILADELPHIA: A RealShare Event
Date: February 13,2019
Time: 1:00 PM – 6:30 PM
Location: Crystal Tea Room
100 E Penn Square #9B
Philadelphia, PA 19107
Learn More

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Regional Confrence of MBAs

Date: April 7 -11, 2019
Time: 9:00 AM – 9:00 PM
Location: Harrah’s Resort & Convention Center Atlantic City, NJ
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St. Thomas Aquinas Fireside Chat

Date: March 28, 2019
Time: 9:00 AM – 9:00 PM
Location: Lougheed Library, Main Room
Learn More

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Rivertown Taphouse

Date: February 10, 17, 24
Time: 4:00 PM – 8:00 PM
Location: Piermont, NY
Learn More