Associate Portfolio Manager
Joel has more than 30 years of investment and real estate experience, including working for Thrivent since 1989. As an associate portfolio manager, he makes decisions for a portfolio of more than 200 real estate mortgage loans totaling over $1.8 billion. His role includes evaluating and monitoring ongoing commercial performance of investment portfolios and making adjustments to holdings as appropriate in order to achieve set performance goals.
Joel is responsible for origination, risk assessment, structuring, negotiating and closing fixed-rate permanent, commercial real estate mortgage transactions in a major geographic area. He oversees an external correspondent mortgage banker network consisting of 10 companies, 15 offices and more than 30 individual mortgage bankers. Joel also develops and maintains contacts with correspondent mortgage bankers, investors, developers, property managers, appraisers and lenders.
Joel earned a Bachelor of Business Administration degree and Master of Science degree in Real Estate Appraisal and Investment Analysis from the University of Wisconsin-Madison. He lives in Minnetonka, Minnesota.