Multifamily Debt & Equity
Daniel Duda
Senior Vice President, National Director of Originations and Acquisitions
Dan Duda is Senior Vice President, National Director of Originations and Acquisitions. Dan is responsible for overseeing debt and equity origination for both affordable and market rate properties across the United States. Dan previously served CSG as the National Associate Director of Originations and Acquisitions, East Coast Regional Director of Originations and Acquisitions, and as an Underwriter. Throughout his career, Dan has been responsible for originating loan and equity transactions totaling more than $600M. Prior to joining CSG in 2013, Mr. Duda served as a Financial Analyst at Investors Bank in New York City. He focused primarily on originating and underwriting multifamily, mixed-use, retail, and industrial loans in the Northeast. He holds a Bachelor of Science degree in Finance from East Carolina University. Mr. Duda sits on the Board of the National Housing & Rehabilitation Association (NH&RA) and Rural Multifamily Lenders Council (RMLC) In addition, he is a frequent speaker at many industry events across the country.
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Guy Spieler
West Regional Officer PRESIDENT, Churchill Stateside Securities (LLC)
Mr. Spieler is President with over 30 years of municipal bond experience. He will be responsible for underwriting of bonds created through 4% LIHTC projects for Churchill Stateside Securities institutional accounts and for expanding the bond underwriting/trading platform as additional opportunities are presented. At his most recent firm in Chicago, Guy opened an office and started a municipal bond underwriting group that participated in over 400 municipal bond transactions. These municipal bond deals totaled over $5.6 billion in par amount in the most recently completed calendar year. In addition to his underwriting role, Mr. Spieler was also a secondary trader in the municipal bond market working with five institutional salespeople as well as 30 generalists. Previous major firms where Mr. Spieler worked include Lehman Brothers, Banc One and Incapital LLC. Mr. Spieler graduated from the State University of New York at Buffalo and holds B.S. in Business Administration. He currently holds Series 7, 24, 50, 53, 54 and 63 licenses.
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Alex Holverson, MSRE
Vice President, Midwest Regional Officer
Alex Holverson is the Vice President, Midwest Regional Officer for Churchill Stateside Group, operating out of Churchill’s Chicago office. Alex is responsible for debt and equity originations on affordable, market-rate, and healthcare properties across the Midwest Region. Alex also serves on the Board of Directors for the Council for Affordable and Rural Housing. Alex previously served as Production Manager for Churchill and was responsible for the financial modeling of all multifamily debt and equity transactions to prepare them for underwriting and served as liaison to Churchill’s warehouse and private placement sources. While servicing as Production Manager, Alex prepared proposals leading to the successful closing of more than $500M. Prior to joining CSG in 2014, Mr. Holverson was a commercial property adjuster for a nationally recognized insurance company. Mr. Holverson holds his Master’s in Real Estate from the University of South Florida, and a BS in Finance with an emphasis on Real Estate from the University of Missouri.
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Michael E. Spain, Esq.
Vice President, Southeast Regional Officer
Michael Spain is Vice President, Southeast Regional Production Officer for Churchill Stateside Group. Mr. Spain is responsible for originating debt and equity solutions for new construction, rehabilitation, acquisition and refinancing of both affordable housing and market rate properties within the eastern region of the United States. Prior to joining CSG, Michael was an associate attorney for Hamilton, Miller & Birthisel, LLP where he primarily focused on defending maritime and transportation claims. He also practiced in the areas of insurance defense, insurance coverage, property and casualty, workers compensation and wrongful death and personal injury defense. Michael obtained his Juris Doctor from Florida Coastal School of Law; earning the book award in Trusts & Estates Drafting. During law school, Michael was a member of the Mock Trial team and a legislator for the Student Bar Association. As an advocate, he placed runner-up at the Carolinas Mock Trial Tournament and was a finalist in the Spohrer & Dodd Closing Arguments Competition. Prior to law school, Michael worked as an assistant project manager and quality inspector for a residential construction company based in Amelia Island, Florida. He was in charge of preparing contracts and estimates and reviewing construction and building plans to ensure compliance with current building codes, local ordinances and zoning regulations. In his spare time, Michael is an avid golfer and stays involved in his community.
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Allan K. Rugg
Vice President, FHA/HUD Multifamily and Healthcare Finance Officer
Allan K. Rugg is an HUD/FHA Originator for Churchill State Group working from the company’s Maryland office. He is responsible for originating HUD insured mortgage loans for multifamily, senior housing projects and healthcare facilities. Allan’s clients include developer and owners of market rate and senior housing projects as well as assisted living facilities and skilled nursing facilities. Allan has 38 years of experience in commercial real estate loan originations which includes 21 years originating FHA/HUD Multifamily and Healthcare Finance. In addition is also an experienced FHA underwriter and has held both MAP and Lean designations with HUD. Prior to joining Churchill State Group, Allan worked as FHA/HUD originator for Gershman Mortgage, Cosmopolitan Capital Funding L.L.C., Great Lakes Financial Group L.P, Arbor Commercial Mortgage L.L.C. , Evanston Financial Corporation, MMA Financial L.L.C. and Quaker Capital L.P.
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Blair Henderson, CPA
Assistant Vice President, Southwest Regional Officer
Blair Henderson is the Southwest Associate Production Officer for Churchill Stateside Group. He is responsible for originating debt and equity solutions for new construction, rehabilitation, acquisition and refinancing of both affordable housing and market rate properties within the Southwest region of the United States. Blair is also a registered Certified Public Accountant in the State of Florida, where he has over 10 years of Audit experience. He joined Churchill as a consultant and successfully developed and implemented the Internal Audit function across all departments. Blair has extensive professional experience and worked as the Lead Internal Audit Manager for Jabil and previously served as a Board Member of Hillsborough County Internal Auditors Office. Raised in Clearwater, Florida, Blair attended the University of South Florida where he graduated with his Bachelor of Science in Accounting in 2010. Blair enjoys spending his free time on his boat with his wife, Sarah, and dog, Chunky, and working on his collection of unique vehicles and motorcycles.
View Bio ▼Michael Carollo
Production Analyst
Mike Carollo serves as the Production Analyst on Multifamily Debt & Equity team for Churchill Stateside Group. He is responsible for supporting originators and new deals through detailed analysis and sizing them, as well as facilitating the deal making process into the hands of the underwriters. Mike recently worked as a business analyst for a mid-sized consulting firm where he worked primarily on financial systems in the automotive and insurance sectors. He recently relocated to the Clearwater area from Detroit, Michigan. Mike graduated from the University of Dayton in 2019 with a focus in finance and management information systems. As a new Clearwater resident (and far, far away from the snow), Mike loves spending his time outside. He is an avid golfer and beach goer, and sticks to his roots as a die hard Michigan Wolverine fan.
View Bio ▼Production officers are assigned based on the location of the development team and not the project.
