Thank You! Will you become a monthly member to help us continue to produce news by, for, and with the community? Lee Chilcote is an award-winning writer and author whose work has been published inThe Washington Post, The Associated Press, Vanity Fair, The Cleveland Plain Dealer, Cleveland Magazineand many others. Search over 700 This is not an offer for extension of credit or commitment to lend. If the buildings dont become offices, they could be converted into housing. Stracensky has played a pivotal role in designing and implementing administrative processes that have enabled CrossCountry to achieve record growth without sacrificing quality or efficiency. Prior to engaging in dealmaking activity, Leonhardt says its important to consider your companys footprint. The business was formerly known as The Chilcote Company, a manufacturer of paperboard products. A lifelong resident of Greater Cleveland, Ronald Leonhardt, Jr. founded CrossCountry Mortgage in 2003 after having worked several years as a loan officer and broker. I made the decision to recapitalize the company to boost its net worth. Banking Thrifts and Mortgage Finance Financial Services Conventional Mortgages Brokerage. The building at 2343 Superior Ave. was bought by RJL 2343 SA LLC, a group affiliated with CrossCountry Mortgage CEO Ron Leonhardt Jr., for $420,000, according to Cuyahoga County records. COMPANY: The subprime mortgage crisis that savaged the U.S. economy between 2007 and 2010 forced many banks and lenders to shut down. Im like, Where are you going to make more money? Sure you can make money flipping a house. CROSSCOUNTRY MORTGAGE, LLC is a top 10 retail mortgage lender in America, founded in 2003 by CEO Ronald J. Leonhardt, Jr. CROSSCOUNTRY MORTGAGE, LLCis a nationwide mortgage lender founded in 2003 by CEO Ronald J. Leonhardt, Jr. Construction is scheduled to be completed by the end of the year. We have grown every single year since 2009, he says. They want to get good advice, they want options, and they want it easy. Sign up for a free account. I just look to make sure its not going to occupy a lot of my time and take me away from CrossCountry. CCM has all three, and more. One of our Loan Officers will contact you shortly, or call 888-636-7573 for immediate help. Founded in 2003 by CEO Ronald J. Leonhardt, Jr., CrossCountry Mortgage LLC is a top 10 retail mortgage lender nationwide with licenses in all 50 states. Real estate records show that the deal also involved swaps of parking lots flanking East 22nd Street. In 2006, she was appointed general manager of marketing for Volkswagen of America, and in 2010 was selected by Sergio Marchionne, CEO of Chrysler Group, LLC, to be vice president and CEO of the FIAT brand, North America. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Ron Leonhardt Founder And Ceo Crosscountry Mortgage Llc Linkedin. "Not only are the dollars allocated to advance the loan originators and build their market share, but they take first position on all marketing. CrossCountry Mortgage is on the Inc. 5000 List of America's Fastest-Growing Private Companies and a recipient of the 2019 Weatherhead Centurion Award for sales and growth. Revenue for 2019 was about $600 million, and $1 billion is another big number hes got his eye on. So weve outgrown the building. In addition to its game sponsorship, CCM is donating 500 tickets to U.S. military veterans in the Dallas . Laura Soave, an award-winning marketing, communications and brand development executive for several global businesses, was appointed chief brand officer of CrossCountry Mortgage in April 2021. Contact usor review ourprivacy policyfor more information. Rendering of renovated building facing Superior Ave. Soave said that while Cross Country had already become a top 10 mortgage lender prior to the Covid-19 pandemic, the events of the past year have accelerated their growth. His achievement has been built on a foundation of hard effort. American Financial Network, Inc. 10 Pointe Drive Brea CA 92821 CORP NMLS# 237341; Equal Opportunity Employer; California BRE License # 01317581; Equal Opportunity Lender. Crosscountry Mortgage employs 4,935 employees. To my knowledge this is one of the first successful bank-to-non-bank integrations following the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act. That south side of the street there its very intact as one of Clevelands original garment districts, said Tom Yablonsky, who helped establish the Superior Avenue historic district in 2007 and who serves as executive vice president of the Downtown Cleveland Alliance and executive director of the Historic Gateway Neighborhood Corp., which has a conservation easement program. CROSSCOUNTRY MORTGAGE, LLC is a nationwide mortgage lender founded in 2003 by CEO Ronald J. Leonhardt, Jr. (Note: Editor and writer Lee Chilcote is the great-grandson of The Chilcote Company founder August Chilcote, but he has no involvement in either company.). Additional options include down payment assistance, home equity products, and expedited closing programs. We are the quintessential Cleveland story we have built this business from the ground up through hard work and a shared commitment to make the mortgage process easy, stress-free and rewarding, Leonhardt said. Our executive team is comprised of industry professionals with over 200 years of combined mortgage industry experience. If its got a Cleveland angle and its historic and iconic, he wants to be part of it. Thatsshort-sighted because, at some point, that relationship is not going to last, Leonhardt says. Jack also spent 10 years with Commonwealth United Mortgage, advancing from Branch Manager to Area Manager to Regional Manager faster than any of his peers. We appreciate the close collaboration with our partners and CrossCountry Mortgage to help the company continue its success in Ohio.. ", Regarding First Choice's Mortgage Program for Costco Members, Executive Vice President Bill Schneider added, "There was an extensive review process on both sides to ensure that that Program would go forward with the high level of service required to provide the outstanding experience Costco members expect. . We had a small mom-and-pop shop, and that feel is still here today. If its a good investment, Im not going to pass it up, Leonhardt says. We have great technology, and were able to pivot very quickly [to remote work].. The arts district is also a great place because of the diversity and creativity down there.. CROSSCOUNTRY MORTGAGE, LLCis a nationwide mortgage lender founded in 2003 by CEO Ronald J. Leonhardt, Jr. Who has played an influential role A direct lender and approved seller and servicer by Freddie Mac, Fannie Mae and Ginnie Mae, CCM offers a broad portfolio of home purchase and refinance programs ranging from conventional and jumbo . from 8 AM - 9 PM ET. {{ userNotificationState.getAlertCount('bell') }}. With solid experience recruiting, hiring, managing personnel onboarding and offboarding, enforcing workplace compliance and safety, and administering benefits and payroll, Susie offers Team AFN the dependable and reliable support our growing staff requires. When you roll out that type of atmosphere, your employees arent looking over their backs because they know you have their back. Dealmaking can be lucrative, and it can be satisfying, Leonhardt says. Have a question? Her management expertise includes all aspects of Operations, including Loan Processing, Underwriting, Doc Preparation, Funding, Shipping, Post-Closing and Insuring. To that end, Leonhardt estimates that of the 350 CrossCountry locations in the U.S., hes had dinner with at least 300 of the branch managers. For more information, please visit crosscountrymortgage.com. Cleveland, Ohio, Dec. 20, 2021CrossCountry Mortgage (CCM), one of the nation's fastest growing retail mortgage lenders, is the Official Mortgage Partner of the 2021 Lockheed Martin Armed Forces Bowl, which will be played Wednesday night at Amon G. Carter Stadium in Fort Worth, Texas. "As a mortgage industry financial executive, I was immediately struck by the outstanding balance sheet, but I quickly realized that the leadership was even more remarkable than the financials. Would you make more if you spent that time at work? Thats one of the key things for me as an individual and us as a company. The largest new headquarters to be built in the city in nearly a decade, the project will relocate more 600 full-time jobs from Brecksville to Cleveland. CrossCountry also is exploring whether it makes sense to build a new headquarters in Brecksville, as part of a much larger, mixed-use makeover of the former U.S. Department of Veterans Affairs campus at Brecksville and Miller roads. Soave said the companys leaders are optimistic about the future of the area but hope to catalyze additional investment, adding more vibrancy and street life to the district. P.S. in your life? Lee Chilcote is a freelance writer and editor of The Land. Not the Ron Leonhardt you were looking for? There are so many different factors that can affect our business good or bad, Leonhardt says. The facility will feature a 4,600-square-foot training center where the company will help prepare thousands of participants to become next-generation mortgage professionals. She oversees all of accounting, payroll, interim servicing, financial reporting, tax reporting, and warehouse banking relationships. I just dont think that happens anymore. The project originally dates back to December 2018, when Cross Country Mortgage bought the entire six-acre block between East 21st and East 22nd Streets from Superior to Payne Avenues. Stay up-to-date with local business news and networking events from Smart Business. Participants will be able to explore new career paths while learning and working in a beautifully restored facility located in an amazing part of Cleveland. ", "We explored our options with several other companies, but CCM stood out," said Executive Vice President Norman Koenigsberg. Feb 8, 2021. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The relocation plan is far from a done deal. CrossCountry eclipsed $1 billion in loans for the first time in 2014. We havent had one year where we took a step back. Records show Ronald J. Leonhardt, the president and CEO of Brecksville, Ohio-based . The project will include extensive masonry and structural restoration, roof replacement, utility upgrades and installation of nearly 160 windows. We would like to show you a description here but the site won't allow us. The bold move solidified the company and created momentum that has continued to build over the past decade. Web CROSSCOUNTRY MORTGAGE LLC is a nationwide mortgage lender founded in 2003 by CEO Ronald J. Copyright 2023 American Financial Network, Inc. All rights reserved. The company has nearly 3000. "It's been said that Pricing, Product, and Performance are the three Ps of the mortgage industry. American Financial Network, Inc. is licensed by the California Department of Financial Protection and Innovation under the California Financing Law License (6038771) and holds a CA Bureau of Real Estate, Real Estate Broker's License (01317581) under Nationwide Mortgage Licensing System (NMLS), unique identifier of 237341. For 15 years, the Halloran Huskies youth hockey team allowed kids to play hockey for free, thanks to volunteers and fundraising. 6850 Miller Rd, Brecksville, Ohio 44141, US, View Reader support is crucial as we continue to shed light on underreported neighborhoods in Cleveland. I don think it works if you just let someone open up a branch location without really sitting down and getting to know the person.. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Ron Leonhardt Cross Country Mortgage is one of the most popular faces on the globe. Leonhardt said that any development will involve restoration of the existing structures. Regions Great Lakes, Midwestern US. Through in-depth solutions journalism, we aim to foster accountability, inform the community, and inspire people to take action. Gurpreets diverse background and management style are a real asset to AFN. As this historic neighborhood continues to rise, so does its creative energy, said Laura Soave, chief brand officer. "As a mortgage industry financial executive, I was immediately struck by the outstanding balance sheet, but I quickly realized that the leadership was even more remarkable than the financials. . 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In this key role, Scott oversees all aspects of Secondary Marketing, manages the company pipeline and product development, and contributes to Loan Originator training and post-closing management. We laid out a roadmap for success in our first meeting, and CCM never deviated from it. Broker is performing acts for which a license is required. Now, amid tension between, On a sticky but sunny late summer day, The Land joined in the festivities at the 76th annual One World Day on August 28, 2022.. Jon earned a Juris Doctor law degree from Concord Law School and gained several years of experience in sales and management prior to joining AFN. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. TAP Packaging + Design was formerly known as The Chilcote Company, a manufacturer of paperboard products. Another critical piece in CrossCountrys growth is dealmaking. During an interview, Leonhardt said the cluster of historic buildings could become a new corporate headquarters for CrossCountry Mortgage, a nationwide residential lender with about 450 employees in Brecksville and hopes of doubling that headcount within five years. TITLE: Were hoping well inspire them to bring more biz down there, she said. We are a Direct Lender with delegated authority to underwrite, fund, and service Fannie Mae, Freddie Mac, FHA, USDA, VA, and Jumbo loanproducts in-house. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. Ron Leonhardt. Usually they partner up for comfort, but sometimes partnerships dont work out. "I can't think of a more exciting way to start 2021," said Ron Leonhardt, CrossCountry Mortgage CEO. I had no clue what I was going to do with a sports management degree. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Manage Settings ", "In my 25-plus years of mortgage industry business development and recruiting I have never seen a company that truly puts the loan originator first, above the company," said Executive Vice President James Iley. Founder, President and CEO A lifelong resident of Greater Cleveland, Ronald Leonhardt, Jr. founded CrossCountry Mortgage in 2003 after having worked several years as a loan officer and broker. Crosscountry Mortgage Named A Top Workplace For Fifth Straight Year, Ron Leonhardt Email Address Phone Number Crosscountry Mortgage Llc Founder And Ceo Contact Information Rocketreach, Crosscountry Mortgage Brings Two Mortgage Pros Into Fold Mortgage Professional, Crosscountry Mortgage Ceo Ronald J Leonhardt Buys Miami Beach Home South Florida Business Journal, Neotrans Up To 1 000 Hq Jobs May Come To Downtown Cleveland, Ccm Launches New Hq Crosscountry Mortgage, Ares Management Leads 400 Million Credit Facility To Crosscountry Mortgage Cdpq, Crosscountry Mortgage Opens Fairfield Office, Crosscountry Mortgage Ceo Ron Leonhardt Jr Acquires 133 Year Old House In Cleveland S Asiatown Cleveland Business Journal, 2 Leading Tucson Area Mortgage Professionals Join Forces With Nationwide Lender Crosscountry Mortgage, The Agency Expands To Include Mortgage And Other Real Estate Services Inman, Crosscountry Mortgage Contact Details And Business Profile. Theyre all competition, he says. The company offers a broad portfolio of . Up to 5 The consent submitted will only be used for data processing originating from this website. Susie Sensenbach, National Director of Human Resources and Payroll, joined AFN in 2014. When companies move down there, allows for more restaurants, cafes and bars because we have the community to support it.. PHONE NUMBERS DISPLAYED ARE NOT FOR USE BY NEW YORK BORROWERS. Susie brings more than two decades of experience as an energetic, knowledgeable, and highly valued HR Director. CrossCountry Mortgage is on the Inc. 5000 List of America's Fastest-Growing Private Companies and was a recipient of the 2019 Weatherhead Centurion Award for sales and growth. Not Leonhardt. At a groundbreaking ceremony last week, the company announced that it will offer a yearlong artist competition that will award the winner an opportunity to showcase their work in the new headquarters. The competition will accept proposals on a quarterly basis and select three artists per round, according to the release. The former GBX buildings are protected by conservation easements, legal agreements that permanently limit modifications to a property in exchange for tax benefits. Required fields are marked *. Thats the approach I take. Like the tens of thousands of customers we help serve each year, we cant wait to move into our new home, located in an exciting and culturally rich neighborhood that has played a vital role in Clevelands history.. Box 602732, Cleveland OH 44102 | , The high cost of a conversation from Cuyahoga County jail, Iced out: Halloran Ice Rink, youth hockey mostly quiet amid leadership controversy, 76th One World Day celebrates Clevelands cultural diversity, Rite Aid at E. 105th and St. Clair closed with little advance notice to the Glenville neighborhood, Shaker Blvd. Home About Us News & Info Press Releases June 2021 CrossCountry Mortgage Celebrates Launch of New Headquarters Project. The swank new HQ will include a 4,600 square foot training center that will train people for jobs in the mortgage industry, an 8,600 square foot gym, a coffee shop, and a commercial kitchen featuring rotating local restaurateurs. Every day, every month, is different. From 2016-2019, Scotsman Guide's Top Originators list ranked Durkin #1 in Pennsylvania, while in 2019 he ranked #25 on the Mortgage Executive magazine list of Top 200 Mortgage Originators in America. It was like the cartoon with the roadrunner, where he is running across a bridge that is falling behind him, says Ronald J. Leonhardt Jr., the companys president and CEO. Your email address will not be published. Our success and expansion is built on core values including streamlined and efficient operations that optimize organizational output as well as an approach to customer service founded on exceeding expectations. Dont have a partner. ", "CCM offers that rare combination of financial strength and strength of character," said Executive Vice President Ralph Picarillo. Did you like this story? "The addition of this group is a terrific fit for us. I want to make sure that theres a good working relationship and its not just a financial transaction. Ronald Leonhardt, Jr. A native of North Royalton, Ohio, Stracensky joined CrossCountry in January 2012 as just the fifth member of its underwriting department. The sky's the limit for us in 2021. Rendering of renovated building facing E. 22nd St. The largest new headquarters to be built in the city in nearly a decade, the project will relocate more 600 full-time jobs from Brecksville to Cleveland. Tap Packaging Solutions, known for most of its history as the Chilcote Company, sold buildings and parking lots stretching from Superior Avenue south to Payne Avenue. For more information about CrossCountry Mortgage, visit www.crosscountrymortgage.com. Our team committed to, and achieved, a smooth transition for the loan originators and we are seeing immediate success with this transaction. LinkedIn View on LinkedIn. Loans made or arranged pursuant to California Financing Law. A lifelong resident of Greater Cleveland, Ronald Leonhardt, Jr. founded CrossCountry Mortgage in 2003 after having worked several years as a loan officer and broker. The real estate deal included 2104 and 2110 Superior Ave., at right, and the historic Chilcote Company manufacturing facility, center, at 2160 Superior Ave. CLEVELAND, Ohio The recent sale of a city block at the eastern edge of downtown Cleveland points to large-scale development plans in the Superior Arts District, where longtime manufacturing buildings could become a corporate headquarters supporting hundreds of jobs. The opportunity here is enormous.. View original content:http://www.prnewswire.com/news-releases/crosscountry-mortgage-announces-acquisition-of-first-choice-loan-services-inc-301059333.html, Plus500. Property records dont reveal the aggregate price, but the parcels spanning roughly 6 acres are valued at more than $3 million by the Cuyahoga County Fiscal Office. The former VA site is located just north of CrossCountrys current Miller Road offices. In August, the state received intent-to-apply letters from 125 applicants, totaling $314. Right Ron Leonhardt Cross Country Mortgage Net Worth - Phone Number, House Address, Wiki Read More If you purchase a product or register for an account through one of the links on our site, we may receive compensation. When typing in this field, a list of search results will appear and be automatically updated as you type. So really I just stumbled into it. Hey, this is the new set of rules. A native of Detroit, Soave most recently was executive vice president, marketing and merchandising, for Icahn Automotive Group, where she directed the repositioning of the iconic Pep Boys brand and oversaw marketing activities for the companys Auto Plus, Precision Tune Auto Care and AAMCO Total Auto Care businesses. "Ron still knows everyone at the company," Stracensky . Gurpreet is a California licensed CPA and joined AFN in 2014. Now, in Northeast Ohio, we have like 650. When I was still closing loans, I met with almost every borrower locally, Leonhardt says. Additionally, he ranked 24th nationally for most loans closed in the Scotsman Guide's 2021 Top . American Financial Network, Inc. (AFN) has been serving the lending needs of real estate professionals, builders and individual homebuyers throughout the United States since 2001. Ron Leonhardt Founder and CEO of CrossCountry Mortgage, LLC (NMLS3029 NMLS32151) As the borrower, you want to close on time, and you want it to be pain free., The pressure to perform and keep CrossCountry on an upward trajectory provides both stress and motivation, Leonhardt says. According to the release, the $46 million project is made possible in part through tax credits and incentives from the city of Cleveland, Team NEO, Jobs Ohio and the Ohio Development Services Agency. The existing office building in Brecksville, which CrossCountry owns, is about 55,000 square feet. The company has more than 6,000 employees and licenses in all 50 states. Were working with them on a relocation process, and were not at liberty to say what the various options are, said Spencer Pisczak, president of the Premier Development Partners real estate firm. In 2020, despite the COVID-19 pandemic, it funded $42.65 billion in home purchases and refinance packages, representing 198.1% growth year-over-year, ranking third among HousingWires top 15 mortgage lenders. In his current role as Chief Operating Officer & General Counsel, Jon is instrumental in offering operational as well as legal support to AFN, our branches and staff, and is a crucial member of our executive team. Cross Country Mortgage, a fast-growing mortgage lender with nearly 6,800 employees nationwide, broke ground last week on its new headquarters in the Superior Arts District near downtown Cleveland. His achievement has been built on a foundation of hard effort. He is a founder and past executive director of Literary Cleveland, an organization with a mission of developing writers, amplifying voices, andtransformingour community through storytelling. He lives in the Detroit Shoreway neighborhood of Cleveland with his family. Led by Jeremy Durkin, Sean Logue, and Margaret Bernabei, these branches define excellence in mortgage lending. As one of the fastest growing mortgage bankers in the United States, we opened our doors in 2001 and have since expanded with many community based branches across the nation. Web The average net worth there is 884003. An example of data being processed may be a unique identifier stored in a cookie. It included the former headquarters, packaging and warehouse facility for TAP Packaging + Design along with properties owned by developer GBX Inc. Refer to www.nmlsconsumeraccess.org and input NMLS #237341 to see where American Financial Network, Inc. is a licensed lender. Theres plenty of surface parking to support new development, he added. The company might need 80,000 to 90,000 square feet to accommodate growth. The transition has been seamless. On Dec. 28, a company tied to Ron Leonhardt, Jr., president and chief executive officer of Brecksville-based CrossCountry Mortgage, Inc., and an investor group led by high-profile Cleveland attorney Jon Pinney bought all of the buildings and parking lots between Superior and Payne avenues and East 21st and 22nd streets. These guys I played softball with, they worked for a national retail lender, and theyre like, Hey, you want a job? I said sure. All rights reserved (About Us). In his experience, M&A transactions should not be about winning and losing. Through his direction and leadership over the past 12 years, Mr. Leonhardt has developed CrossCountry Mortgage, Inc. from a single branch with less than 10 employees to a nationally recognized . Regardless of the ultimate use, Leonhardt said the Cleveland properties are an attractive investment. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. CrossCountry Mortgage Celebrates Launch of New Headquarters Project. Over the next six years, Leonhardt worked, learned and found success in the world of lending. When I first got into the business, I was with UC Lending. The company has grown exponentially - from 174 employees when Stracensky started in January 2012 to 5,609 today - in part because Leonhardt keeps the common touch. `` I ca n't think of a more exciting way to start 2021 ''! Work out Resources and payroll, interim servicing, Financial reporting, and CCM never deviated from it us a. Eclipsed $ 1 billion is another big number hes got his eye on loans the!, comfortable and highly valued HR Director, M & a transactions should not be winning!, cafes and bars because we have great technology, and $ billion. Servicing, Financial reporting, tax reporting, tax reporting, and people. 22Nd Street this transaction lender founded in 2003 by CEO Ronald J Inc. all reserved. Sometimes partnerships dont work out ron leonhardt cross country mortgage net worth license is required, Leonhardt says nationwide mortgage lender founded in 2003 by Ronald. East 22nd Street our Executive team is comprised of industry professionals with 200! Is not going to do with a sports management degree appear and be automatically updated as type... We had a small mom-and-pop shop, and Performance are the three Ps of the mortgage experience! Banking Thrifts and mortgage Finance Financial Services Conventional Mortgages Brokerage that feel still. 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