Sam Greenblatt
Chief Executive Officer
Electra Capital
Sam Greenblatt has several decades of experience as a lender, broker and sponsor. He began his career as a commercial real estate loan officer at First Pennsylvania Bank and was recruited by Fidelity Bond & Mortgage Company (at the time the second-largest independent mortgage banking company in the country) to form and head their Construction Loan Division. After leaving Fidelity, he formed Independent Mortgage Company establishing offices in Philadelphia, Fort Lauderdale and Bradenton, Florida. After several years running Independent, Sam was asked to form Meridian Mortgage with two other colleagues. Meridian was a subsidiary of Meridian Bancorp and Sam ultimately became its Chief Operating Officer with all business lines reporting to him. Under Sam’s direction, Meridian provided $3 billion of residential, commercial and multifamily loans annually.
After Meridian Bancorp was sold, Sam helped found Stafford Capital Group, a boutique real estate merchant banking company, in addition to Pinnacle Capital Group, a CMBS real estate lender. Pinnacle was subsequently acquired by RAIT Financial Trust, a NYSE Mortgage REIT specializing in mezzanine and bridge loans, along with preferred equity investments. Sam continued his position at Pinnacle as CEO and also became Executive Vice President and Director of Originations for RAIT’s entire national platform. Under Sam’s direction, annual production at RAIT was approximately $1 billion. Sam retired from RAIT in 2010 and became Chief Investment Officer for Urban Retail Properties, an owner and manager of enclosed shopping malls throughout the United States. In 2014, Sam joined Washington Square Realty Capital as a Principal. Sam graduated from Temple University with a Bachelor’s of Business Administration with a focus on real estate finance and an MBA in economics and finance from Drexel University.