Credit Risk Expert Arash Sotoodehnia Joins RealtyShares Executive Team

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In expanding its leadership, RealtyShares taps Citi Mortgage’s former Head of Risk Policy and Controls

'We’re disrupting an entire industry and it’s always very exciting to be the vanguard,' said Sotoodehnia.

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RealtyShares, a leading online marketplace for real estate investing, today announced the addition of Arash Sotoodehnia to its executive leadership lineup. Sotoodehnia assumes the position of Chief Credit Officer as the crowdfunding platform seeks to keep pace with increasing demand for its services.

As Chief Credit Officer, Sotoodehnia is responsible for managing RealtyShares’ risk analytic framework, policies and guidelines. He brings nearly two decades of experience in the financial services industry to the role.

“Given Arash's prior experience leading risk at firms such as Citi and Fannie Mae, I believe he will be very impactful not only to RealtyShares but also the entire industry,” said RealtyShares CEO Nav Athwal. “As we continue to build the leading online marketplace for real estate investing, our priorities include increased automation through technology and product improvements, greater liquidity through self-directed individual investors as well as institutions and more intelligent credit modeling to enhance our ability to address market- and asset-level risk. With the addition of Arash to the team, we have an amazing leader to really build the credit side of our business, which we believe will, in turn, attract additional liquidity from a diverse set of investors.”

During his previous tenure with Citi Mortgage as Head of Risk Policy and Controls, he spearheaded the development and implementation of the company’s Mortgage Risk Appetite Framework. He was responsible for developing and publishing Citi’s mortgage credit policies while overseeing a team of 75 risk professionals. He also served as a member of Citi Mortgage’s Collateral Risk Committee, the Credit and Market Risk Committee, and the Risk Committee.

Prior to that, Sotoodehnia held several senior positions with Ally Financial, including Global Consumer Credit Officer and Chief Risk Officer of Ally Insurance. He also served as the Chief Risk Officer of Ally’s ResMor Trust subsidiary from 2008 to 2010.

Sotoodehnia began his career with Fannie Mae, by developing the company’s multifamily guaranty fee pricing models. In his final assignment with Fannie Mae, he acted as the Director of the Risk Policy Group.

Sotoodehnia joins the RealtyShares team at a time when the platform is focused on bolstering its position as a pioneer in the real estate crowdfunding industry. His hiring follows RealtyShares announcement earlier this year of a $20 million Series B funding round, led by Union Square Ventures, with support from Menlo Ventures and General Catalyst Partners. The platform also recently announced the launch of a diversified equity fund targeting institutional investors who wish to capitalize on RealtyShares' growing access to unique investment opportunities.

As a key player in the company’s decision-making, Sotoodehnia is charged with ensuring that RealtyShares continues to be a driving force in real estate investing while adhering to the highest professional standards.

“We’re disrupting an entire industry and it’s always very exciting to be the vanguard,” said Sotoodehnia. “My job is to determine how we articulate the risk and implement policies and procedures in a way that’s innovative while adding value for our investors, sponsors and RealtyShares itself.”

To read more about Sotoodehnia’s thoughts around crowdfunding and why he joined the RealtyShares team, check out his post on the RealtyShares Blog at https://www.realtyshares.com/blog/arash-sotoodehnia-why-i-joined-realtyshares/.

About RealtyShares
RealtyShares is an online marketplace for real estate investing that gives accredited investors the ability to purchase shares in private real estate investments for as little as $5,000. RealtyShares screens each investment and offers a range of opportunities including both loans secured by single family homes and equity investments in residential and commercial assets. To learn more about RealtyShares, visit http://www.realtyshares.com.

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David Claffey
RealtyShares
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