PRESIDENT - MANAGING DIRECTOR
John Richard (J.R.) Chantengco
Mr. Chantengco is a 30 year veteran in the capital markets, finance, and investment real estate space, having originated, underwrote, and transacted over USD 5B in structured capital and financing assignments as well as overseen real assets with over USD 20B AUM. Its family office is a CDFI/CDE under the U.S. Treasury's New Markets Tax Credit Program and were founding shareholders in Pacific Commerce Bancorp (OTC:PCBC). His experience has brought him into advising several funds focused on transformative real estate, bioscience, clean technologies, licensing and into a slate of unique film/media projects.
Mr. Chantengco currently oversees deal flow and consults private investors of Fortune 500 companies on new acquisitions, corporate restructures, asset management, and early-stage deals (pre-IPO/SPAC). He is a consultant to an online SEC-compliant Reg CF and Reg D exempt 506c platform focused on real estate, technology, and life sciences and is CIO of an institutional fund focused on industrial real estate.
In 2021, Globe St., a leading commercial real estate publication nominated Mr. Chantengco as a "Lender Influencer." In the same year, NAPABA and APAICS nominated him to serve as Regional Director to HUD in New York and they previously nominated him to serve on the NCUA Board in 1994. He was appointed as Secretary to the State of California's Housing Partnership Corporation by former Governor Gray Davis and continued to serve under Gov. Arnold Schwarzenegger from 2001-2005.
Mr. Chantengco served as 2020 & 2021 President for the New York Metro Certified Commercial Investment Member Chapter. As an independent advisor, he was conferred the Certified Commercial Investment Member (CCIM) professional designation from the CCIM Institute in Chicago IL in 1992. He earned professional certificates in Community Economic Development (CED) from San Diego St. University Fowler Business School and Leadership in Energy and Environmental Design Green Associate (LEED GA) from the New York Real Estate Institute. He is a duly licensed real estate broker in New York and California.
He has been contracted by RTC and FDIC where he evaluated distressed assets and bank-owned/CMBS NPL portfolios. His largest assignment was in 2010 where he was part of a national consulting team in New York that underwrote over USD 10B nonperforming loan portfolio comprised of 25 asset pools of 268 loans totaling USD 1B in unpaid principal balance that was acquired by a large institutional investor. The entire portfolio consisted of multifamily, retail, office, industrial, and hospitality assets across 36 states and the work scope comprised of guarantor verification, title clearance, and credit memo review relative to recourse covenants and performing BVO reports on its corresponding collateral assets.
Mr. Chantengco has been involved in the acquisition, development, and management of over 5,000 affordable multifamily units that incorporate best practices in structured finance, real estate, and economic development into “Rethinking Cities for a Sustainable Future." He was a member of the Shreveport Economic Recovery Taskforce (SERT) and is managing member of Blue Fire Broadband LLC to deploy infrastructure (new broadband). He is also involved with several projects within U.S. federally-approved Opportunity Zones and New Markets Tax Credits sites.
Immediately preceding his current roles, he was an Associate Broker with HKS Capital Partners LLC in New York, having a loan volume of USD 25B since 2011. His notable assignment was the winning bid by Brooklyn Health Partners LLC for SUNY Long Island College Hospital healthcare portfolio for USD 250M. He began in corporate finance and institutional banking at Wells Fargo Bank and CB Richard Ellis, private equity and finance at The Triwest Financial Group Inc., and later, national advisory services at KW Commercial.
Mr. Chantengco was Director of the University & State Employees (BluePeak) Credit Union with USD 1B in assets serving over 35,000 members and five branches until 2016. He formed Transnational Renewable Ventures (TNRV), a CPUC-approved solar energy provider. TNRV was instrumental in the installation of over 500kW of domestic solar power installed on various multifamily properties and recognized as a "Best Commercial Practice" project by Sempra Energy (NYSE:SRE) in 2010. In 2003, he structured USD 70M in New Markets Tax Credit sub-allocations for various affordable housing projects.
Mayor Tim Nader selected him to serve as Housing Commissioner to the City of Chula Vista (San Diego County CA) and picked to fill a vacant seat on the Tax Appeals Board to the County of San Diego by Supervisor Brian Bilbray. He was adjunct faculty at CUNY Baruch and Southwestern College where he was President of its Foundation. He also sat on the City of San Diego SEDC loan committee.
He is involved with the Mortgage Bankers Association (MBA), Stanford Professionals in Real Estate (SPIRE), Urban Land Institute (ULI), Association of Asian American Investment Managers (AAAIM), The Investment and Diversity Exchange (TIDE), Young Real Estate Professionals New York (YREPNY), and Filipinos in Institutional Real Estate (FIIRE - NY). He is a past awardee of the Waitt Institute Foundation Scholarship where he completed a Eureka Fellowship in Wash DC. And, he received a Congressional Merit from U.S. Rep. Bob Filner for his advocacy on economic development and community leadership.
He completed Postgraduate Finance at Stanford Business School, M.B.A. summa cum laude from University of Phoenix Sperling Graduate School of Management, 1L J.D. Candidate (Pro Bono Scholarship) from Thomas Jefferson Law School, and B.A. Honors in Biochemistry & Cell Biology from University of California, San Diego
