A TRUSTED BRAND

 
 
 
 

Christian Albacarys
Principal
Head of Originations

 

Leadership

 

Rose Eaton
Chief Credit Officer

 
 

Wendy Ellen
Chief Financial Officer

 

Jeff Jerdin
Originations

 

Justin Gordon
Originations

 

Brian Gallop
Originations

 

Craig Sheftell
Principal

 

Karla Boganim
Account Manager

 

Brandt Blanken
Principal

 

Alexis Kyle Marinas (CPA)
Senior Analyst

 

Josh Lederer
Principal

 

Eunice Gayo (CPA)
Analyst

 

Team Bios

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Christian Albacarys - Principal and Head of Originations

Christian is responsible for sourcing, structuring and financing real estate developments. He works with multifamily affordable and market rate housing developers to help structure and execute on debt and equity financing. In order to address the growing demand by borrowers to access a lower cost of capital, in 2015 Fallbrook Loan Fund was founded under Christian’s leadership. He has contributed to the financing of over $1 billion in multifamily housing since 2010.  Christian has originated over $250 million in Low Income Housing Tax Credit (LIHTC) equity for affordable housing projects across the United States, Puerto Rico and Saipan. In addition, he has secured over $100 million in predevelopment funds for affordable housing projects. Christian graduated from Florida State University with a Bachelor’s of Science in Finance.

Phone: (305) 794-2188
Email: CAlbacarys@fallbrookfinance.com

 

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Rose Eaton - Chief Credit Officer

With over 25 years of experience, Rose has been responsible for due diligence, development, acquisition, credit analysis, management, workout and disposition of more than $1.5 billion of assets for not-for-profit, public and private companies. Rose is chief credit officer for both the loan fund and for tax credit investments made on behalf of Fallbrook's clients. She began her career in real estate focusing on commercial real estate lending and asset management.  Throughout the last 18 years, Rose’s career has been focused on affordable housing, both state and federal low-income housing tax credits and historic tax credits.  She has developed investment, asset management, loan servicing, credit risk and disposition protocols for several firms.  During her time in private law practice she represented both purchasers and sellers through all facets of real estate acquisition, financing, development and disposition.  Rose graduated from Montana State University with a Bachelor’s of Science in Communication and Gonzaga University School of Law with a Juris Doctorate.

Phone: (818) 657-6105
Email: REaton@fallbrookfinance.com

 

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Wendy Ellen - Chief Financial Officer

Wendy is our Chief Financial Officer, with over 25 years of financial operations experience, having worked with Fallbrook for over 15 of them. Ms. Ellen also oversees Human Resources and Administration. She has a vast experience in business administration, with a background in insurance, investment and business management, having founded and run successful Business Management, Investment and Insurance Companies. Ms. Ellen holds Series 7, 24, 63 and 99 securities licenses and is a Principal and Compliance Officer at Fallbrook Capital Securities, our broker/dealer affiliate.

Phone: (818) 657-6106
Email: WEllen@fallbrookfinance.com

 

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Jeff Jerdin (CPA) - Originations

Jeff is responsible for debt and equity financing and for facilitating the sale of transferrable state tax credits for projects in a variety of industries, including: low-income housing, historic preservation, renewable energy, environmental remediation, and film production. Prior to joining Fallbrook, he spent over 15 years providing tax credit consulting services to Fortune 500 companies, with much of that time in leadership roles at Big 4 CPA firms. Jeff graduated from Fresno State with a Bachelor of Science in Accountancy. Jeff is a California licensed CPA.

Phone: (818) 657-6135
Email: JJerdin@fallbrookfinance.com

 

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Justin Gordon - Originations

Justin has over 20 years of professional financial experience. Since joining Fallbrook, Justin has helped structure, finance and monetize over $400 million of state and federal tax credit investments in more than 20 states, and closed over 1,000 transactions. He works closely with many Fortune 500 companies to help provide them with substantial savings through tax-based investments.

Justin graduated from the Warrington College of Business at the University of Florida, with a Bachelor of Science in Marketing, and received his Master of Business Administration in Finance from the Graziadio School of Business at Pepperdine University. Justin holds Series 7 and 63 securities licenses with Fallbrook Capital Securities, our broker/dealer affiliate.

Phone: (818) 657-6117
Email: JGordon@fallbrookfinance.com

 

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Brian Gallop - Originations

Brian is responsible for sourcing, structuring, and financing real estate developments, focused in the 4% and 9% Low Income Housing Tax Credit (LIHTC) space. Prior to joining Fallbrook, Brian worked in property management where he supervised all operational and financial activities for eleven large commercial retail properties in the greater Los Angeles area. He also worked for a private real estate investor where he conducted acquisition analyses of potential multifamily investments and overlooked the asset management of fifteen multifamily properties in Austin, Texas. Brian graduated from the University of California at Berkeley with a Bachelor of Arts in Political Economy.

Phone: (818) 657-6126
Email: BGallop@fallbrookfinance.com

 

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Alexis Kyle Marinas (CPA) - Senior Analyst

Alexis plays an integral role in determining the most optimal deal structures for Fallbrook’s clients.  Alexis leads Fallbrook’s team of analysts and is responsible for transaction analysis, research, deal structuring, and underwriting functions. He also prepares credit packages and works closely with Fallbrook’s asset management team to ensure effective and accurate reporting of Fallbrook’s loans.

Prior to joining Fallbrook, Alexis worked as a senior associate at Ernst & Young, providing external audit and analytics services to publicly listed multinational companies in the Asia Pacific, United States, and Denmark.  He graduated from Saint Louis University in the Philippines with a Bachelor of Science in Accountancy and Business Management.  Alexis is also a licensed CPA.

Email: AMarinas@fallbrookfinance.com

 

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Eunice Gayo (CPA) - Analyst

Eunice handles all aspects of deal analysis, research, and underwriting for Fallbrook’s origination team. She works closely with the sales team to compile accurate financial models and structure deals to present optimal executions and solve problems for Fallbrook’s clients. Prior to joining Fallbrook, she worked as an internal audit supervisor, reviewing organizational business processes, conducting entity-wide risk assessments, and providing consultancy for effective corporate governance. Eunice is a licensed CPA, and graduated from Negros Oriental State University in the Philippines with a Masters in Business Administration.

Email: EGayo@fallbrookfinance.com

 

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Craig Sheftell - Principal

Craig helped pioneer the corporate structure for the Low Income Housing Tax Credit program in 1986 while managing a large investment portfolio for his institutional clients at Smith Barney. He built one of the most successful tax equity practices in the country and is recognized as an expert in the industry. In 1999, he and Brandt Blanken founded Fallbrook Companies. They have raised capital, advised and financed billions in investments for large institutional clients. In addition, Craig has advised various state agencies, Fortune 500 companies, banks and insurance companies in regards to structuring their tax incentive programs and has helped finance investments that include state and federal subsidies in the areas of alternative energy, historic preservation and the entertainment industry. Craig graduated from the University of South Florida with a Bachelor of Arts in Communications.

Phone: (818) 657-6101
Email: CSheftell@fallbrookfinance.com

 

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Brandt Blanken - Principal

Brandt has been structuring institutional investments since 1992, when he began his career at a boutique investment bank in Los Angeles. In 1999, he and Craig Sheftell founded Fallbrook and Brandt has overseen Fallbrook’s expansion to a number of affiliated companies serving the tax credit and affordable housing industries. Brandt has been involved in the affordable housing business for over 20 years in various capacities including structuring, financing and asset managing properties and portfolios.  During that time, he has gained extensive knowledge regarding the financial, operational, accounting, tax, and legal aspects of affordable housing and other tax incentive investments. Brandt and Craig have developed a specialized business of raising capital for tax incentive investments, mostly Low Income Housing Tax Credit partnerships.  They have raised capital, advised and financed billions in investments for large institutional clients. Brandt graduated from George Washington University with a Bachelor of Arts in Finance.

Phone: (818) 657-6102
Email: BBlanken@fallbrookfinance.com

 

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Josh Lederer - Principal

Josh has structured and monetized over one billion dollars of state and federal tax credit investments over the last fifteen years.  He has an extensive in-depth understanding of allocable, assignable and transferable tax credit programs and provides clients with an efficient and straight-forward tax credit investment process. His experience in underwriting, structuring and transacting tax credit investments has made him an industry leader. He has helped numerous clients, including dozens of Fortune 500 companies, save over one hundred million dollars through tax-based investments.  Josh graduated from the University of California, Santa Cruz with a Bachelor of Arts in Global Economics.

Phone: (818) 657-6103
Email: JLederer@fallbrookfinance.com

 

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Maurice Williams, Jr. - Due Diligence Manager

Maurice Williams, Jr. joined Fallbrook in 2021 as an Assistant Director of Capital Markets. He is responsible for assisting in sourcing, structuring, and financing real estate projects. Maurice also serves as a closing coordinator for transactional related activities, having experience focused on Affordable Housing and both state and federal Low-Income Housing Tax Credits.  Maurice graduated from the University of Southern California with a Bachelor of Science in Real Estate Development.

Phone: (773) 580-8750
Email: MWilliams@fallbrookfinance.com

 

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Karla Boganim - Account Manager

Karla has been with us since February 2019 and is our Office Manager and Full-Charge Bookkeeper. She has 15 plus years of experience with customer relations, finance, management, and marketing.  She holds a Bachelor’s Degree in Business Management from the University of Lima and is certified in Microsoft Office. She is trilingual in English, Spanish, and Hebrew.

Phone: (818) 657-6128
Email: KBoganim@fallbrookfinance.com