INNOVATIVE OPERATIONS TRACK: How Fraud is Shaping Deals: Navigating Risks in Today’s Market
Fraud has become a critical factor reshaping business operations and decision-making in the commercial real estate market. This session delves into how fraudulent activities influence transactions, disrupt traditional deal structures, and impact business strategies. Industry experts share real-world examples of fraud’s effects on business operations, discuss red flags to watch for, and provide actionable strategies for minimizing risk. Gain a deeper understanding of how fraud is transforming the way businesses approach deals and learn strategies to mitigate the threat.
Speakers
Moderator
Adam Fox is a senior director in Fitch Ratings’ U.S. CMBS group. His primary areas of expertise are commercial mortgage servicing and U.S. commercial securitization. Adam is currently responsible for Fitch’s North American commercial mortgage servicing group and leads a team of three analysts covering approximately 45 commercial mortgage servicers. In addition, he maintains an active role in new issuance and surveillance commercial securitization rating reviews as well as European servicer evaluations. Prior to his current position, Adam led a team of five associates who perform CMBS surveillance and authored a variety of research and criteria reports. Adam was previously director of data management at CRIIMI MAE where he spent seven years. During his tenure at CRIIMI MAE, he worked with t
Speakers
Cory serves as Chief Technology Officer for BWE and is responsible for managing and designing BWE’s infrastructure, security and HR & Financial applications capabilities. Cory delivers IT strategy and roadmaps to BWE’s Senior Management while supporting business operations and initiatives. With over 25 years of IT experience, Cory came to BWE with a successful record of accomplishment in broad performance management including finance, security, mergers & acquisitions, enterprise architecture, infrastructure, IT operations and software development. At AmTrust Financial, a Fortune 500 company, he was Vice President over global IT teams. Prior to AmTrust Cory was a consultant for CDW focused on data center and recovery technologies. Cory holds an MBA in Information Technology and a CISSP.
Jessica Price is a Managing Director, CRE Underwriting Manager and Deputy Chief Underwriter of Wells Fargo Multifamily Capital. Jessica began her Real Estate Lending Career in 2005 with Wells Fargo and has been in the Underwriting/Credit role with Multifamily Capital, lending in partnership with the GSE Agencies since the start of her career. Jessica is a seasoned professional with 20 years of experience in the Commercial Real Estate industry and plays a pivotal role in supporting real estate financing and growth strategies for clients interested in permanent financing with the GSE Agencies. Throughout her career, Jessica has developed a deep expertise in navigating complex transactions and fostering meaningful relationships within the commercial real estate sector and industry partners. Her commitment to excellence and innovative approach have positioned her as a trusted advisor in the field. Jessica holds a B.S. in Finance, Insurance and Business Law from Virginia Tech and resides in San Diego, CA.
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