Penny Groel

EVP, General Counsel at NuBridge Commercial Lending

Ms. Groel is an accomplished attorney with over 30 years of experience. She oversees all aspects of the company including corporate housekeeping responsibilities, licensing and compliance, loan origination, negotiation of and compliance with funding sources, general contract review, litigation and human resources. Ms. Groel has a broad range of legal experience with particular emphasis on corporate, real estate, finance and securities law. Prior to joining NuBridge, she was in-house general counsel for a commercial mortgage lender. Her 25-year private practice focused on asset-based, secured lending in the real estate and energy sectors. She has represented banks, mortgage companies and institutional investors in the origination, purchase, sale and servicing of residential and commercial real estate loans. In her corporate practice, she has represented public and private companies in connection with corporate governance, compliance, confidentiality matters, acquisitions, asset sales and joint ventures. She worked on numerous securitizations and re-securitizations with respect to a variety of loans including residential real estate, commercial real estate, auto, credit card, CLO, and CDO transactions. In connection with such securitizations she has represented a wide range of parties including issuers, underwriters, trustees, custodians and credit enhancers.

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  • EVP, General Counsel

    December, 2020 - present