EVP and Head of Production Mortgage Banking Detroit, MI
Mr. Katai is Executive Vice President, Head of Production and a member of the Berkadia Management Committee. Mr. Katai has been with Berkadia and its predecessors companies for 25 plus years, working as a leading mortgage banker throughout his tenure. Previous to his current position, Mr. Katai led the Detroit Office to the top originating office in the State of Michigan. The office now regularly produces mortgage banking and investment sales volume of approximately $2 billion annually. Mr. Katai has an extensive background in loan origination that includes construction lending, interim loans, structured loans, tax free financing, joint ventures and equity investments. Mr. Katai has originated transactions with 50 plus capital sources including multiple life companies, credit companies, banks, conduits, and pension funds. Previously Mr. Katai did construction lending for Comerica Bank and real estate structured credit financing for Ford Motor Credit.
Mr. Katai was named Head of Production in 2014. In this role Mr. Katai oversees approximately 240 experienced production advisors including mortgage banking and investment sales producers. Since that time the mortgage banking division achieved growth of 90% while investment sales grew by 103% under his leadership. In 2018, Berkadia’s total production was approximately $34 billion arranging over $26 billion in debt and $8 billion in investment sales.
Mr. Katai is a member of the ULI, ICSC, NMHC, and MBA. He is a former member of the Nationwide Life advisory council. In addition to his origination experience and leadership in commercial real estate, Mr. Katai previously held positions on several boards and was an adjunct professor at Wayne State University and Walsh Business College, where he taught real estate finance and investments and directed independent studies and market research.
Education & Certifications
- University of Detroit, MBA
- University of Michigan, BA
- State of Michigan Real Estate Broker License
Affiliations & Memberships
- Urban Land Institute