IDB Bank appointed Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset management, operations and deposit gathering. Cramer will report directly to IDB Bank Executive Vice President and California Regional Manager Michal Miron.
"We are very excited to welcome Jeremy to our team," said Miron. "Jeremy brings with him both deep industry success and acute knowledge of the Commercial Real Estate environment across the areas we serve on the West Coast. We are confident that his unique experience and deep industry knowledge within the region will play a critical role as we continue to advance IDB Bank's long-term growth strategy within our California region.
A seasoned industry executive, Cramer has more than 15 years of demonstrated success in leading financing and banking services to empower developers and commercial real estate operators, to small and mid-sized businesses, nonprofits, and professional services. He specializes in ground-up construction, bridge, and permanent financing of multi-family/commercial real estate and single-family residences originating $4 billion in loans within the past seven years.
Prior to joining IDB, he has held several leadership positions across the financial services industry, notably serving as the Senior Managing Director at First Republic Bank.