Mr. Stempel joined Meridian in 2013 and currently serves as a Vice President in the company’s Ohio office. He is responsible for the origination and placement of loans across a broad array of property types, including multifamily, office, retail, and hospitality, focusing on the Midwest region including Illinois and Wisconsin, as well as Texas and Phoenix in the Southwest. Mr. Stempel has been involved in a wide-ranging array of commercial loans including acquisition, construction, renovation, and permanent financing.
Prior to joining Meridian, Mr. Stempel was Purchasing Director at ManagCare, a company which owned and managed several skilled nursing home facilities throughout Illinois. Mr. Stempel was responsible for all aspects of purchasing on behalf of all the facilities, including establishing and nurturing vendor relationships, preparing requests for bids, and developing procurement systems.
Over the course of his career, Mr. Stempel has negotiated more than $300 million in financing secured by multifamily, office, retail, and hospitality assets in the United States. Notable financing transactions negotiated by Mr. Stempel include a $40 million Wisconsin multifamily portfolio loan and a complex $28 million aggregate bridge and takeout loan secured by a 437-unit multifamily property in Phoenix, AZ.
Mr. Stempel holds a Bachelor of Talmudic Law from Yeshivas Neveh Zion in Telshestone, Israel.