Michael H. Folb

Chief Financial Officer / Designated Broker

Mr. Folb holds a BS in Accounting from the University of Baltimore. He is a CPA and has held an Arizona Real Estate Broker’s License since 1982. He has numerous years of experience providing accounting, business and consulting services in various industries and professions.

Mr. Folb has served as the Chief Operating Officer and Chief Financial Officer of American Express Tax and Business Services and as a Director of RSM McGladrey, CPA’s in Phoenix, AZ.
Mr. Folb has an extensive background in Real Estate workouts and bankruptcy process. His experience, among other projects, includes a $34M workout and bankruptcy of Western Properties Limited Partnership in addition to serving on the ad-hoc investors’ Committee in 2008 and 2009 for Mortgages Limited, a bankruptcy involving $925M portfolio of first mortgages. In addition, Mr. Folb was engaged in real estate development of multi-family, single-family and office projects as well as property management.

602. 956.6060 Ext. 109

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