Executive Vice President
Head of Real Estate Finance
Gardner B. Semet is charged with running the Amalgamated Bank’s Commercial Real Estate (CRE) Finance Division. Bringing 20 years of expertise in commercial real estate lending, Mr. Semet is responsible for expanding and diversifying the Bank’s CRE loan portfolio. His primary mission is to broaden Amalgamated’s client base by forming new relationships with a wider range of commercial real estate organizations in the New York area and other markets across the United States.
Before joining Amalgamated, Mr. Semet worked as a senior commercial real estate executive at M&T Bank in New York City. During his tenure at the bank, he closed loans valued at more than $3 billion. The loans, ranging in size from $300,000 to $120,000,000, were used for permanent financing of properties or to acquire or renovate real estate in the New York Metropolitan area as well as California, Maryland, Florida, and Ohio. Mr. Semet also arranged financing for individuals and groups of properties that included multifamily buildings, cooperative underlying mortgages, bulk cooperative and condominium apartments, mixed-use properties, office buildings, and shopping centers as well as industrial and mini-storage facilities.
Mr. Semet earned his bachelor’s degree at Columbia University, and he received an M.B.A. from the Columbia Business School.