Mr. Fleming has over 34 years of business experience as an investor, lender and investment banker of commercial real estate properties. He began his career in commercial real estate as a broker in Calgary, Canada in 1980. Mr. Fleming moved to Los Angeles and became active in the lending industry in 1984 while working as a loan officer for Security Pacific National Bank. In 1987 he became a senior lender for HomeFed Bank in San Diego. During his career with HomeFed he financed various major commercial real estate construction projects throughout the East Coast of the U.S. and California, Nevada and Arizona. Mr. Fleming has served as the President of Legacy Realty Capital Inc. (LRC), a company established to acquire and oversee non-performing commercial real estate notes and properties. His responsibilities included negotiating and underwriting loan purchases, bridging loan funding, as well as managing the assets to maximize profitability. In addition, LRC provides high-quality court-appointed third-party receivership services for financial institutions and secured lenders. Mr. Fleming has served as a receiver and fiduciary agent of the court on over 15 distressed assets throughout Southern California and Chicago representing over $200 million. During his career he has managed well over $750 million in debt and equity investments throughout the United States.
Mr. Fleming holds a Bachelor degree in Economics from the University of Western Ontario and has held a California real estate broker’s license since 1995.