Peapack Private Bank & Trust has appointed Joseph E. Fingerman as Senior Managing Director and President of Commercial Real Estate, signaling a strategic expansion of its lending capabilities in the real estate finance sector. Fingerman brings more than two decades of specialized experience in developing customized commercial mortgage financing solutions for sophisticated real estate investors and institutional clients.
With an extensive background spanning major financial institutions, Fingerman most recently served as President and Managing Director of A&E Real Estate Finance after spending over 15 years at Signature Bank. His expertise encompasses lending across diverse property types, including retail, offices, multifamily, and mixed-use properties, as well as new construction and note-on-note financing.
Fingerman's recruitment represents a significant strategic move for Peapack Private Bank & Trust as it continues to grow its presence in the competitive New York metropolitan market. His deep relationships with top real estate owners, institutional investors, and industry brokers position the bank to enhance its commercial real estate lending portfolio.
The appointment leverages Fingerman's proven track record of building and managing commercial real estate lending platforms. His previous leadership roles at Signature Bank and Commercial Bank of New York demonstrate a consistent ability to drive growth and develop robust lending strategies.
Beyond his professional achievements, Fingerman brings robust industry connections and recognition. He has been named to the Commercial Observer's Power 50 list multiple times and serves on several prestigious boards, including the UJA Federation of New York and Suffolk Y JCC. His involvement in key real estate trade organizations further underscores his industry standing.
For Peapack-Gladstone Financial Corporation, this hire represents a calculated strategy to expand its commercial real estate lending capabilities. With total assets of $7.0 billion and assets under management of $11.9 billion as of December 31, 2024, the bank continues to position itself as a dynamic financial institution committed to providing innovative banking solutions.
Fingerman's own enthusiasm for the role is evident, highlighting his prior working relationship with Peapack's president and CEO Doug Kennedy and his excitement about reuniting with former colleagues. His goal is clear: to provide exceptional depository and lending solutions within the real estate sector.
