Managing Director & Head of Construction Lending & Syndications
Alex Ovalle is Managing Director and Head of Construction Lending & Syndications at Ready Capital. Mr. Ovalle joined the company in November 2021.
Prior to joining Ready Capital, Mr. Ovalle was the Head of Originations at Mosaic Real Estate Investors and a member of its Investment Committee, helping to build Mosaic into a national construction lending platform. Before his tenure at Mosaic, Mr. Ovalle was Head of the Western Region for Silverpeak Argentic from 2014 to 2017, focusing on CMBS and mezzanine lending.
From 2011 to 2014, he served as Managing Director in the Los Angeles office of LoanCore Capital — managing a banking team originating fixed-rate first mortgages, floating-rate bridge loans, and various forms of subordinated debt. Mr. Ovalle also spent six years as Managing Director at RBS Greenwich Capital’s real estate finance group where he originated commercial mortgage loans, high leverage A-note/B-note transactions and preferred equity.
Prior to joining RBS, Mr. Ovalle was the head of the Los Angeles office of J.P. Morgan Mortgage Capital, overseeing the company’s commercial mortgage originations in the western United States — after a similar role as the co-head of the Los Angeles office of Daiwa Real Estate Finance Corp. From 1994 to 1998, he was a senior banker at Nomura Securities’ real estate finance group in Los Angeles.
Over the course of his career, Mr. Ovalle has been personally responsible for originating over $6 billion in commercial mortgage transaction volume. Mr. Ovalle holds an AB in Economics from Harvard College.