Peapack Private Bank Strengthens Commercial Real Estate Division with Industry Veteran Joseph Fingerman

Peapack Private Bank & Trust has appointed Joseph E. Fingerman as Senior Managing Director and President of Commercial Real Estate, a strategic hire that substantially bolsters the institution's commercial lending platform. This development carries significant implications for the New York City metro area's financial landscape, where commercial real estate financing remains highly competitive. Fingerman brings over 25 years of specialized experience in commercial real estate financing, having developed customized mortgage solutions for real estate investors, family offices, and major investment firms throughout his career. His appointment represents Peapack Private's commitment to expanding its footprint in this critical sector, particularly within the New York metropolitan region where commercial property transactions demand sophisticated financial expertise.

Fingerman's professional background includes over 15 years at Signature Bank, where he served as Managing Group Director and Senior Vice President of the Commercial Real Estate Lending Group. During his tenure, he oversaw the bank's entire commercial real estate portfolio with particular focus on growth in New York and West Coast markets. This experience positions him uniquely to navigate the complexities of New York City's commercial real estate environment, which has faced challenges including shifting office space demand and evolving retail landscapes. His most recent role as President and Managing Director of A&E Real Estate Finance, a boutique private credit platform he established after leaving Signature Bank in 2023, further demonstrates his entrepreneurial approach to real estate finance.

The importance of this appointment extends beyond Fingerman's individual qualifications to the broader implications for Peapack Private's market positioning. His expertise spans multiple property types including retail, offices, multifamily, and mixed-use properties, as well as new construction and note-on-note financing. This comprehensive knowledge base enables the bank to offer more sophisticated solutions to clients navigating New York's complex real estate market. Fingerman's recognition on the Power 50 list by Commercial Observer and his active involvement in industry organizations such as the NY Apartment Association and Real Estate Board of New York provide valuable connections and insights that can benefit Peapack Private's clients.

Fingerman's nonprofit involvement with organizations including the UJA Federation of New York and Suffolk Y JCC demonstrates his commitment to community engagement, an important consideration for financial institutions operating in the socially conscious New York market. His educational background includes a Master of Business Administration from Dowling College and a bachelor's degree from the State University of New York at Oneonta, combining academic credentials with extensive practical experience. The executive has expressed enthusiasm about joining Peapack Private, highlighting his prior relationship with CEO Doug Kennedy and the opportunity to reunite with former colleagues. His strategic vision focuses on providing exceptional depository and lending solutions to the real estate industry, which could potentially reshape how Peapack Private approaches commercial real estate financing in the competitive New York metropolitan area.