• multifamily
• seniorliving
• skilled nursing

Our Team

Tim O'Donnell, President, is responsible for the company's strategy, marketing, investor relations, and loan approval process. He serves on the Senior Management Committee and chairs the Loan Committee. A 30-year veteran of housing finance, he has originated, structured and closed over 250 financings involving FHA, Fannie Mae, Freddie Mac, securitized lenders, conventional portfolio sources, tax-exempt bonds, mezzanine loans and equity. He has served in executive positions in several mortgage banking firms, and is a graduate of Harvard College and of the Harvard Graduate School of Design.

Peter J. Panagako, Senior Vice President, is responsible for originating FHA insured transactions nationwide and serves on the Senior Management Committee. Peter has been involved in over 150 closed FHA insured transactions located in 38 states. His experience with FHA-insured projects extends beyond lending and includes tax credit syndication, asset management, and new construction development. Peter's experience with FHA financing from the borrower's side gives him invaluable insight in achieving our clients' financial goals, along with a strong client service orientation. He is a graduate of Lehigh University. Contact Peter at PPanagako@easternmc.com.

Benjamin Druss, Assistant Vice President, is responsible for screening and originating FHA insured transactions nationwide. Prior to joining EMC, he was an FHA Production Analyst with another MAP Lender. Ben is a graduate of Bentley University with a degree in finance. Contact Ben at BDruss@easternmc.com.

John R. Gorga, Executive Vice President, oversees the company's operations and serves on the Senior Management Committee. Formerly a Principal at the Boston Financial Group, he became a specialist in arranging Section 42 affordable housing loans and private placement financing for corporate investors in institutional tax credit funds. An expert in structuring complex transactions, John has personally originated and placed over 300 financings for clients. He is a graduate of the University of Rhode Island.

Daniel P. Pimental, Chief Underwriter, has over 30 years' experience in the analysis, underwriting, and administration of FHA insured loans. He is both a MAP and a LEAN Underwriter, has a particular expertise in construction loans and all aspects of healthcare, and oversees all the firm's loan closings. In addition, his professional experience includes financial management for mortgage banking and legal firms. Dan graduated from Northeastern University with a degree in accounting.

Jill Gentile, Deputy Chief Underwriter, is a MAP Underwriter and oversees the firm's Quality Control and Compliance functions. In addition to her experience underwriting, processing, and closing FHA loans in all the FHA insurance programs, Jill is a 20- year veteran of commercial banking, where she held a variety of positions in areas of operations, compliance, and loan administration.

Holly McLaughlin, FHA Underwriter, is responsible for pre-underwriting, loan analysis, processing, and submission of FHA insured applications. Prior to joining EMC, she was a Credit Analyst at a regional bank, where she was responsible for the analysis of commercial real estate, C&I, and construction loan requests. Holly is a graduate of Bentley University with a degree in finance.

Heather Baldassari, Director of Servicing and Operations, oversees the company's financial operations, internal controls, technology, and human resources. Her professional experience includes financial operations in a major regional bank and managing the servicing of a $400 million commercial mortgage portfolio, as well as commercial and multifamily underwriting and credit. She is a graduate of Bentley College.