NORTHRIDGE, Calif.--(BUSINESS WIRE)--Extensia Financial, one of the nation’s largest Credit Union Service Organizations (CUSO) dedicated to commercial real estate lending and advisory services, announced that Jon Wiegand has joined as regional business development officer.
As regional development officer, Wiegand is charged with developing and nurturing key relationships with commercial lenders and brokers in efforts to grow their balance sheets through loan originations and participations. He is also responsible for developing relationships with credit unions in an effort to provide support and assist with growing their commercial loan portfolios through traditional loan development and participation loans.
Wiegand brings substantial knowledge to Extensia in both commercial real estate and the underwriting process and has established real estate expertise with more than 20 years of experience in client/partner relationships, project management, and negotiations and closing. Prior to accepting the position, he worked as executive vice president for X8 Environmental, Inc., where he generated and delivered more than 50 percent of client accounts from start-up to more than $5.4 million in revenue. Wiegand will serve as a regional business development officer based in Austin.
“Jon’s extensive knowledge of commercial real estate sales and complex underwriting coupled with his proven ability to foster effective working relationships with clients will strengthen and grow our valued clients’ commercial lending programs,” said Pamella Easley, CEO of Extensia Financial.
Wiegand earned an associate degree in Biomedical Instrumentation from Amarillo College, as well as a bachelor’s degree in Business Administration from West Texas State University.
About Extensia Financial
Northridge, Calif.-based Extensia Financial is one of the nation’s largest Credit Union Service Organizations dedicated to commercial real estate lending and advisory services, with specific emphasis in commercial and business lending. The company partners with credit unions to diversify their lending portfolios, through business loan participations, connecting credit unions with their communities, business owners and investors through commercial real estate financing programs, small business loans and risk consulting services. Extensia provides credit unions with a complete, end-to-end commercial lending service, including identifying lending opportunities, origination, underwriting and servicing. Extensia has experience in managing over $900 million in commercial real estate and small business loans. For more information, please visit extensiafinancial.com.