NEW YORK – J.P. Morgan Chase has hired Vincent Toye as managing director, head of agency and off balance sheet lending for the firm’s commercial banking real estate business.
Within his new role at the company, Toye will grow a national team in order to provide the firm’s commercial real estate clients with a broader suite of lending and credit solutions through government-sponsored enterprise partnerships.
Toye will be based in New York and will report to the company’s head of commercial real estate, Al Brooks.
“To build out a national platform at an institution like J.P. Morgan Chase is an incredible opportunity,” says Toye. “I am looking forward to working with the team, and developing additional lending solutions to expand the range of financial tools the firm offers its fantastic clients.”
Toye adds, “It’s an exciting time to be joining JPMorgan Chase, following its recent $30 billion commitment to advancing racial equity by providing loans, equity and direct funding to help promote and expand affordable housing and homeownership. I look forward to playing a role in the firm’s efforts to make a positive difference in underserved communities.”
Toye joins the firm with 20 years of commercial real estate finance experience. Most recently, Toye served as EVP and group head for community lending and investment at Wells Fargo. Previously, he served as the head of production for multifamily capital at Wells Fargo, where he managed the government-sponsored enterprise originations team and oversaw the firm’s relationships with Fannie Maw and Freddie Mac.
“Vince’s experience in the industry, his proven leadership and ability to build strong teams will be a tremendous value add to our clients as we look to deliver an expanded breadth of financing solutions in the year ahead,” states Brooks. “He has a great track record of going above and beyond for his clients, taking the time to understand their specific needs and tailoring financial solutions to achieve their desired outcomes. We’re excited to welcome Vince to the team.”
Toye received his Masters of Business Administration degree from the Wharton School of Business at the University of Pennsylvania, and his Bachelor’s degree in aerospace engineering from the University of Virginia.