ST. LOUIS, Sept. 28, 2018 /PRNewswire/ -- Gershman Mortgage announced yesterday that Al Will is retiring with the completion of the company's fiscal year. Bruce Sandweiss has been appointed President of the Multifamily and Healthcare Division and Adam Mason has been appointed President of the Single Family Division.
Al has served as Gershman Mortgage's President for the last 20 years and has worked for the company for the last 56 years. Under his guidance, Gershman Mortgage has grown to 30 branches throughout six states with more than 250 employees. Gershman Mortgage's reputation is second to none and its top priority has always been the satisfaction of its borrowers.
"I have had the great pleasure of working for an outstanding organization and with so many exceptional people over the years. I am most proud to be leaving the company on very solid footing with an excellent executive management team in place. The future for Gershman Mortgage could not be brighter." – Al Will
"It is impossible to adequately describe Al's value to Gershman Mortgage. Spending 56 years in one job is rare and speaks to Al's loyalty. But he has also brought strategic thinking, careful management, energy and vision to his job while keeping a watchful eye on the bottom line. It is unusual to find all of these skills in one business and it is extremely rare to find them in one business leader. We are going to miss him." – Jeffrey S. Gershman, Chairman of the Board of Directors
Bruce Sandweiss, who has been with the company for 35 years, is the new President of the Multifamily and Healthcare Division. Bruce has been leading this segment of the company's operations for 15 years. Known throughout the region as an expert in multifamily and healthcare financing, Bruce is recognized in the apartment and senior housing industry for his expertise in the complexities of HUD financing and getting deals done.
Adam Mason will be the new President of the Single Family Division. Adam started with the company eight years ago, first as General Counsel and most recently as Chief Operating Officer, and now works primarily on the single family side. Adam has been leading this segment of the company's operations for two years. He is on the executive board of the St. Louis chapter of the Mortgage Bankers Association and is recognized as a rising star in the industry.
"Both Adam and Bruce were trained by Al and have worked closely with him for years. Their new titles only confirm the leadership roles they have already earned and assumed. With their elevation to these top management positions, the company is well positioned to continue to shine well into the future." – Jeffrey S. Gershman, Chairman of the Board of Directors
Gershman Mortgage is among the largest mortgage companies in the Midwest with offices located throughout six states. The company was founded in St. Louis, MO by Solon Gershman in 1955. Since then, the company has grown to be one of the only independently-owned and operated mortgage companies nationwide offering residential, multifamily apartment and healthcare facility financing.