Tech Executive Looks to Disrupt Commercial Real Estate Industry
By Mark Anderson – Staff Writer, Sacramento Business Journal | Mar 19, 2021, 1:26pm EDT
Anthony Romano, CEO of CREtelligent, is turning his focus to commercial real estate, which he said is a dislocated and fragmented market that can benefit from his company’s technology.
Wendell Sommers is the Chief Operating Officer & President of Fulfillment Operations for CREtelligent. He joined the company as part of the CREtelligent/NexusCRE merger and was the founder and CEO of CRESurveys, the company that rebranded to NexusCRE in 2021. Nexus CRE and CREtelligent merged in July 2022.
Wendell began his tenure in the Commercial Real Estate industry in 1995 when he purchased his first commercial property. At the end of 2011, Wendell accepted the challenge of beginning a family of companies that would provide superior due diligence products supported by unparalleled customer service and started CRESurveys. Under Wendell’s leadership, CRESurveys, and later NexusCRE, grew quickly to become one of the premier providers of due diligence services throughout the U.S. prior to the merger with CREtelligent.
Stephen, the Lead Solutions Architect, joined the CREtelligent (formerly eScreenLogic) team in March of 2020. He has over 30 years of experience in Software Development, including 10 years as a Software Architect at CoreLogic (NYSE: GLGX). Prior to that, Stephen was a Senior Software Architect and Engineer building applications for National Defense, Flight Simulation, Mobile Forms, the NZ Police (contracting with IBM), Medical and for many other industries. Stephen’s vision for CREtelligent is guide the development and delivery of the best, most expansive Commercial Real Estate due diligence products in the industry.
Lucy Mulvey is our Director of Environmental Services and a licensed Professional Geologist (PG) in the State of California. Lucy Joined our CREtelligent team in July 2021 and brings over 15 years of experience in Mining and Exploration (minerals and metals), Assessment and Remediation, Health and Safety, Sustainability, Stormwater Management, Air and Emission Monitoring, Public Drinking Water Quality and Compliance. Her diverse background of skills brings a unique perspective to our team. In addition to her technical knowledge, she is a strong leader who oversees the procedures and training of the consulting services team. Lucy is a member of the Groundwater Resources Association of California, the Professional Environmental Marketing Association, the Association of Environmental & Engineering Geologists, and represents the company in the Environmental Bankers Association.
Eric Morgan serves as CREtelligent’s Chief Strategy Officer. Eric is part of CREtelligent’s leadership team, primarily responsible for CREtelligent’s Mergers & Acquisition strategy and execution, including sourcing opportunities, negotiations, and due diligence for CREtelligent’s acquisitions. Eric is also in charge of third-party alliances and partnership opportunities. Before joining CREtelligent, Eric served as a Managing Director at Wells Fargo Securities, Merlin Securities, Susquehanna International Group, and Bank of America Securities. He has a broad background in finance, operations management, technology, and sales with institutional financial firms. Eric is a graduate of California State University, Sacramento, with a Bachelor’s in Business Administration.
Anthony, our Chief Executive Officer (CEO), joined the CREtelligent (formerly eScreenLogic) team in December of 2018 to lead company business strategy & execution. He spent the better part of the last 15 years in executive and leadership roles at CoreLogic (NYSE: GLGX) and First American Financial (NYSE: FAF), most recently as the Chief Revenue Officer for FAF’s Mortgage Solutions Division. Prior to that, Anthony was a co-founder of CustomerLink Systems, a vertically integrated CRM platform service eventually acquired by Demand Force. He holds a business degree in management and economics from Sacramento State University. He views his role as CEO to evangelize the vision, raise & deploy capital, spread the ethos, and set the pace.
Tobi Lutz, joined CREtelligent (formerly eScreenLogic) in late 2019 as Chief Administrative & Experience Officer. Tobi is an intelligent, action-ready, executive with expertise in organizational development, leadership, employee relations, and management. Over the past 12 years, she was a strategic partner at CoreLogic, where she led a global team as Vice President of Human Resources. Tobi also played an integral part in their mergers and acquisitions deal team.
Chris joins us with over 20 years of experience leading B2B enterprise sales, channel partner management, and business development. His experience and knowledge span globally, having formerly worked for CoreLogic in Australia, as their Director of Banking & Financial Services. Chris brings acute insights into the financial services industry, with a passion for developing and implementing innovative due diligence solutions, which will propel CREtelligent (formerly eScreenLogic) into a new realm of workflow solutions for the Commercial Real Estate Industry. Chris possesses a keen sense of how to build and scale highly effective teams with an eye for developing and implementing innovative solutions.
Christopher is a results-driven professional with 15+ years of business operations, sales, taxation, accounting, and client-relations experience with businesses ranging from early start-up and rapidly growing companies to Fortune 500 global multi-national corporations. After earning his MBA from USC, Chris spent the first part of his career with Pricewaterhouse Coopers in San Francisco working with pre- and post-IPO clients. He later joined Ernst & Young, completed his CPA, and now focuses on business strategy and operational finance.
Mark is a passionate creator, innovator, and business optimizer who thrives on developing teams and systems. He maintains the ability to both develop and execute winning strategies. Mark co-founded and developed CustomerLink Systems, ultimately selling the business to Intuit as a cornerstone of their expansion strategy. He has also served as CEO and COO for several other companies across a variety of industries.
John, Operations, Director, joined the CREtelligent (formerly eScreenLogic) team in April of 2019. He spent 13 years in Client Education and Technical Integration at CoreLogic (NYSE: GLGX), with his most recent role being as the Technical Integration Manager. Prior to that, John was the Training Manager for Hewlett Packard/Sykes where he created a Training Delivery Methodology and Programs for all global call centers. John possesses a passion for creating workflow, process, and education of both internal and external clients.
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In order to make that process as simple and through for you as possible we have assembled a downloadable “Due Diligence Package” for you to start the ball rolling. As soon as you complete this quick registration form, you will be able to receive our Statement of Qualifications, Certificate of Insurance and our Current Customer Referral list.
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Environmental Transaction ScreenAn ETS is a limited-scope environmental analysis intended to identify Potential Environmental Concerns in general accordance with ASTM 1528-14. Environmental Transaction Screens are commonly performed for commercial real estate and recommended for low-risk properties where few risks from surrounding properties are anticipated.
An ETS can satisfy conventional loan requirements because it follows ASTM Standard Guidance E1528-14. Unlike a Phase I Environmental Site Assessment (ESA), an ETS does not require analysis of the historical land use of adjacent properties. For certain properties these limitations on the scope of a Phase I ESA strikes the perfect balance between rigorous environmental due diligence and keeping transaction times and costs to a minimum. Please note the ETS does not meet the all-appropriate inquiry requirement of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and is therefore not eligible for the liability limitations the Act provides for.
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• Identifies Potential Environmental Concerns (PEC)
• Enhanced File Review (EFR) available at additional cost
• If your commercial real estate property is relatively low risk, an ETS is a quicker, more cost-effective, environmental due diligence option.
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