NEW YORK–(BUSINESS WIRE)–Bank Leumi USA announced today that it has appointed Jerry Lumpkins Commercial Real Estate Lead for Chicago. In this role, Lumpkins will focus on commercial investment real estate transactions, including multifamily, retail, office, and industrial properties throughout the Midwest.
Lumpkins brings two decades of experience in commercial and real estate banking with 15 years’ expertise in the Chicago commercial banking market. He joins Leumi from BMO Harris Bank, where he was Director of Commercial Banking. Lumpkins previously served on the commercial banking teams at Wachovia/Wells Fargo and US Bank.
“Jerry’s wealth of knowledge of the Chicago commercial real estate landscape and his extensive experience in relationship management are invaluable to professional real estate owners as we navigate through this period of uncertainty and change,” said Jeff Steigelman, Bank Leumi USA Chicago Market President. “His keen eye for investment opportunities and dedication to his community will be tremendous assets for our clients as we continue to expand our footprint in the Midwest.”
Lumpkins has long been involved in supporting affordable housing initiatives in Chicagoland. He currently serves as President of the Bickerdike Redevelopment Corporation Board, President of the Rockford Housing Development Corporation (RHDC) Board, as well as on the boards of Real Estate Investment Association (REIA), Neighborhood Housing Services of Chicago (NHS) and Rogers Park Builders Group (RPBG). He received Bachelor’s degrees in Political Science and History from Rockford University and received an MBA from the University of Phoenix-San Diego. Lumpkins is a veteran of the U.S. Marine Corps.
He will be based in Chicago and report to Steigelman.
Bank Leumi USA (Leumi) is a full-service commercial and private banking institution providing financial services to middle market firms, as well as a full range of private banking solutions to domestic and international clients. Leumi also offers a broad range of securities and insurance products through its brokerage subsidiary, Leumi Investment Services Inc. More information about Leumi is available at www.leumiusa.com.