Selina I. Parelskin is the President of Beacon Default Management, Inc., a trustee company which handles non-judicial foreclosures.  Her responsibilities include running the day-to-day operations of the company and oversight of compliance.  Current clients include law firms, banks, debt funds, life companies, and special servicers.

Prior to forming Beacon Default, Selina worked exclusively on the transactional side of commercial closings. She managed a team for a national title insurance underwriter where she facilitated multi-site and multi-state closings handling both the title and escrow. In 1990, she acted as the liaison between the RTC and the company where she was directly responsible for closing more than 1,200 asset dispositions whether conducted through auctions or the sealed bidding process. The RTC was the largest landowner.

She is currently a member of the United Trustees Association (UTA) and has over the years held leadership roles with Mortgage Bankers Association (MBA), National Association of Industrial Office Parks (NAIOP) and International Conference of Shopping Centers (ICSC).  She received her MBA in finance and a BS in business administration with a minor in finance from the University of Maryland where she graduated Phi Beta Kappa.

SESSION:
Strategies for Managing Distressed CRE Loans