GREENVILLE, S.C. – Lima One Capital, the nation’s premier lender for real estate investors, has hired mortgage industry veteran Patrick Journy as its Chief Financial Officer.
Journy has 15 years of accounting and finance leadership in the mortgage industry and has served in C-level financial roles for both mortgage lenders and mortgage REITs since 2018. He will lead Lima One’s Accounting, Treasury, Financial Planning and Analysis, and Capital Markets groups.
“I am very excited to join Lima One and look forward to collaborating with the talented leadership team to support the company’s growth and financial success,” Journy said.
Journy joins Lima One from Angel Oak Mortgage REIT, Inc., where he served as Chief Accounting Officer and managed more than $2 billion in assets while overseeing SEC reporting, asset management, and REIT compliance. Journy previously held CFO roles at JFQ Lending and Mortgage Assets Management.
Among his career accomplishments are:
· Standing up an FHA- and GSE-approved operating entity from
scratch in six weeks to facilitate the acquisition of a $15B mortgage servicing rights platform.
· Leading the implementation of Sarbanes-Oxley (SOX)
compliance with a two-person accounting team, with no reportable deficiencies six months after a full redesign of all accounting operations.
· Successfully managing the implementations of four general
ledgers and two financial planning platforms across his career.
· Leading the implementation of a warehouse bank optimization
platform that reduced loan funding costs by more than 30bps.
Since its inception in 2010, Lima
One Capital has been recognized as the nation’s premier lender for real estate investors and has funded over $10 billion in business purpose real estate loans.