About Me
Mark Paniccia is Vice President of Business and Commercial Lending for TREO Asset Services – Eastern Division, though his primary role consists of managing TREO’s REO assets east of the Mississippi. He provides oversight on TREO’s due diligence team for Sigma’s pool acquisitions of REO and non-performing notes. His range of professional responsibilities span asset management, property management, disposition, note liquidation, and investment services. In addition, he is responsible for negotiations on behalf of TREO for REO portfolio acquisitions. He is also the Managing Member of Sigma Development, which acquires notes and REO and manages them through to disposition. Prior to that he was the Senior Vice President of Real Estate Owned at SunTrust Mortgage. Mark began his career in portfolio management as a Real Estate Specialist for Merrill Lynch and later as Director of Real Estate Services for Prudential’s Diversified Services Group. Mark spent most of the 2000’s with GMAC ResCap on the commercial side, managing a $2+ billion portfolio of structured leases and lot options for large homebuilders. He is a graduate of the University of Connecticut with a BA in Political Science and is currently President of the National Association of Default Professionals (NADP), an industry nonprofit.
