Ira Bergstein joined Palisades Financial in 2004, as a Principal in the Firm and its Chief Financial Officer. In this capacity, he is responsible for all finance and accounting functions, including investor relations. Recent accomplishments at Palisades include closing (and repaying) over $100 million of credit facilities and loan participations. Over the last 25 years, Mr. Bergstein has led the financial functions for companies in the real estate, construction and health care service sectors, with a focus on operations, mergers, acquisitions and workouts. Prior to joining Palisades Financial, he served as CFO and principal in the buyout of Patient Care, a $150 million revenue home care provider with over five thousand employees in nine states. Patient Care was previously owned by a publicly traded conglomerate. The acquisition was financed with $47 million of equity from four Health Care Private Equity funds, and a $30 million Asset Based Loan against the company’s health care receivables. From 1996 to 2002, Mr. Bergstein was one of the founders and the CFO of Castle Senior Living, a startup Assisted Living joint venture with AEW Capital Management. He was responsible for all financial functions, including negotiating the Operating Agreement with AEW, negotiating and closing an $80 million credit facility with GMAC Commercial Mortgage, and the acquisition of a competing management company. From 1985 to 1996, he was an owner and CFO for a closely held mechanical contractor with annual revenues of $18 million. The company survived the 1990 downturn, cutting revenues and staff by 50%, and over the subsequent four years grew back to its previous levels. Mr. Bergstein started his career with Arthur Andersen & Co. Mr. Bergstein received his Bachelor in Economics and Accounting from Rutgers University and attended the London School of Economics. He has served on the Construction Steering Committee of the Chappaqua Board of Education, and currently serves on the Development and Building Committee of Temple Beth El. He lives in Chappaqua with his wife and two daughters.