CASTLEGREEN FINANCE'S LEADERSHIP
Sal Tarsia has over 25 years of experience in commercial real estate with specific expertise in structured lending and CMBS originations and underwriting, in addition to C-PACE financing. Prior to founding CastleGreen Finance, Mr. Tarsia ran the Principal Transactions group at Counterpointe Sustainable Real Estate, a Hannon Armstrong Company, where he managed all aspects of the C-PACE originations, underwriting and funding for ground up construction, adaptive reuse and heavy renovation projects.
Prior to joining Counterpointe, Mr. Tarsia had co-founded Bedrock Capital Associates, a boutique, commercial real estate lending platform where he served as Head of Originations. Mr. Tarsia also served as Senior Vice President within Capmark Finance (formerly GMAC Commercial Mortgage), where he was co-head of Lending Operations, managing the New York office of Capmark’s Proprietary Lending Group. He supervised a team of 22 originators, underwriters and support staff originating over $15 Billion of CMBS, structured floating rate mortgages and subordinate debt on all commercial real estate asset types nationwide. Mr. Tarsia also held underwriting and asset management positions at Matrix Acceptance Corporation, a specialty lender, Sterling Financial Group, a low-income housing tax credit syndicator and Bogner Equities, a boutique lender and real estate owner. Mr. Tarsia received a BS in Finance / Management Information Systems from Albany University and a Master’s degree from NYU’s Real Estate Institute.
Christopher Callahan has over 20 years of residential commercial real estate finance and overall industry experience. Over the course of his career, he and his team have provided over $70 billion of capital to the multifamily & healthcare space, including the rate lock and purchase of the single largest HUD insured housing project, a $621 million financing in the Bronx, NY.
Prior to purchasing X-Caliber Capital, Mr. Callahan was a Managing Director and Head of Non-Agency and Agency CMBS and CLO trading at Credit Suisse. Mr. Callahan was a member of the Fixed Income Department Operating Committee and part of the Securitized Products leadership team. During his tenure, the Agency CMBS business was the #1 ranked franchise in securitization volume for five consecutive years, the Non-Agency CMBS business achieved a #1 ranking, and their CLO business achieved a top tier designation. Prior to Credit Suisse, Mr. Callahan was a Managing Director at Bank of America Merrill Lynch from 2005-2010, where he was Co-Head of the Agency and Non-Agency CMBS trading businesses. In this capacity, the group was the #1 franchise in both Non-Agency CMBS trading and Agency CMBS securitizations. Before joining Bank of America Merrill Lynch, Mr. Callahan was a Vice President and head of the Agency / Non-Agency CMBS trading group at Nomura Securities from 1996-2005. He was also a senior member of the residential agency MBS trading desk. Mr. Callahan received a BS in Management / Finance from Binghamton University.