Executive Vice President, Corporate & Institutional Banking, Co-Head
PNC Real Estate
Michael D. Thomas is executive vice president and co-head of PNC Real Estate, a member of The PNC Financial Services Group.
In his role, Thomas leads origination activities for public and private real estate developers, as well as owners and investors nationwide. In addition, he oversees real estate banking, tax credit solutions, and risk compliance and quality assurance for PNC Real Estate.
Prior to his current appointment, Thomas managed the Real Estate, Business Credit and Equipment Finance Loan Syndications teams and was responsible for product strategy and loan originations in each of these businesses. In addition, he was directly responsible for the sales and distribution of real estate loans and worked closely with the Debt Capital Markets' sales team on the distribution of Business Credit loans. Thomas also worked closely with the Corporate Securities group to market other capital markets products to PNC’s real estate and Business Credit clients.
Within PNC Bank, Thomas was responsible for coordinating lending strategy for the Real Estate Investment Trust business within PNC's Real Estate Banking segment in partnership with Real Estate Banking’s senior management team. He was also a member of the several strategic and operating committees providing a capital markets perspective to Real Estate Banking management’s decision making process.
Mr. Thomas has 27 years of banking and securities industry experience. He joined PNC’s Real Estate Finance group in 1997 as a vice president and relationship manager. In 1998, he joined the Loan Syndications group within Debt Capital Markets and assumed responsibility for managing the real estate syndication business in 2004. In recent years, Mr. Thomas added responsibility for the asset-based lending and equipment finance syndication businesses. Prior to joining PNC, Mr. Thomas worked for J. P. Morgan Securities, Inc. providing advisory and capital raising services to C&I and real estate clients.
Mr. Thomas received his Bachelors of Arts degree in Economics from Yale University in 1993 and maintains his NASD Series 7, 63, 79 and 24 securities licenses. He is a member of the National Association of Real Estate Investment Trusts and the Urban Land Institute. He also serves as the board treasurer for the Pittsburgh Business Group on Health - Services and serves on the finance committee of his local church.