Floyd Merritt

Current

Vice President, Commercial Assets Disposition Manager at Flagstar Bank

Past

Associate Broker at Jordan Hart Commercial Services
Investment Property Sales at Richard Bowers & Co
Vice President, Disposition Manager at AmSouth Bank

Various Loan Workout & Special Assets Roles at Barnett Banks, Inc

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Education

Columbus State University

Recommended

7 people have recommended Floyd

Connections

91 connections

Industry

Banking

Websites

My Company

Floyd Merritt’s Summary

I have a successful background in commercial real estate banking and brokerage with the following titles:
Commercial Real Estate Broker, Jordan Co. 1997 to 2009
Investments & Acquisitions Agent, Richard Bowers 1996 to 1997
Vice President, Disposition Manager, AmSouth Bank 1995 to 1996
Disposition Manager, Barnett Bank 1994 to 1995
Regional Disposition Manager, Barnett Bank 1992 to 1994
Vice President Asset Disposition, Barnett Bank 1991 to 1992
AVP Special Assets, Barnett Bank 1990 to 1991
Commercial RE Lender, Barnett Bank 1989 to 1990
Commercial Credit Analyst, Barnett Bank 1988 to 1989
Income Property Loan Officer, First Federal of Columbus 1987 to 1988
Staff Appraiser, First Federal of Columbus 1986 to 1987

Floyd Merritt’s Specialties:

Retail, office buildings, industrial space, multifamily, and hotels.

Floyd Merritt’s Experience

Vice President, Commercial Assets Disposition Manager

Flagstar Bank

(Public Company; FBC; Banking industry)

April 2009 — Present (8 months)

As a member of the Commercial Real Estate Department, I am responsible for managing the Commercial Assets Disposition Group. The CADG is assigned a $86MM portfolio of loans in receivership and bank owned commercial real estate. In addition we manage all commercial construction disbursements.
Associate Broker

Jordan Hart Commercial Services

(Commercial Real Estate industry)

September 1997 — March 2009 (11 years 7 months)

Jordan Hart Commercial Services is the largest commercial real estate brokerage in west Georgia and east Alabama. The brokerage staff consists of eight full time commercial brokers. The current properties available total over $60 million for sale and over 1.1 million square feet of space for lease.

I handle all types of commercial sales and leasing transactions with a specialty in retail, office, and industrial leasing and investment property sales. Representative transactions in the past year include the sales of a net leased drug store investment in the Atlanta area and a net leased restaurant in Columbus. I am also the leasing agent for over 2 million square feet of office/warehouse and industrial properties in the region.
Investment Property Sales

Richard Bowers & Co

(Privately Held; Real Estate industry)

February 1996 — September 1997 (1 year 8 months)

Richard Bowers & Company is a full service commercial real estate brokerage specializing in office brokerage and tenant representation. RBC was one of Atlanta's largest brokerages with 50 commercial agents.

My role was in commercial real estate consulting specializing in investment property sales. Representative transactions include commercial land sales, office leasing, and shopping center sales
Vice President, Disposition Manager

AmSouth Bank

(Banking industry)

January 1994 — September 1995 (1 year 9 months)

Management and disposition of all company owned real estate including $7 million single family residences and $25 million in commercial real estate. Accomplished five year budgeted objectives in 12 months effecting a reduction to $16 million.
Various Loan Workout & Special Assets Roles

Barnett Banks, Inc

(Commercial Real Estate industry)

June 1986 — September 1995 (9 years 4 months)

Employed with First Federal of Columbus as a staff appraiser and income property loan officer responsible for management and workout of 22 multifamily properties in the late 1980's. First Federal was acquired by Barnett Banks, Inc. in 1988 where I held various assignments in credit analysis, commercial real estate lending, and special assets workouts. My last assignment was as head of all foreclosed residential and commercial properties with responsibility for management and dispositions in FL, GA, and AL.