TFP was founded by Edward Romanov.
Financial Exec. Developer. Entrepreneur.
Executive Summary
Edward Romanov is a highly motivated senior executive with public and private company CEO/COO experience. He has an entrepreneurial spirit, and in-depth knowledge of multiple industries, including real estate, finance, distressed debt restructurings and bankruptcies, healthcare, hospitality, and technology. Edward has been directly responsibility for over $5 BN of equity and debt financings, acquisitions, restructurings, turnarounds, and joint ventures. He also formed a healthcare REIT, successfully took it public on the (NYSE), then served as its CEO for several years. With a unique ability to create value and achieve corporate goals and objectives, Edward excels in financial modeling, quantitative analysis, and closing complex transactions.
Email Ed@TransitionalFinancePartners.com to request a CV.
Experience
Edward has an executive presence, with an ability to lead and build teams. His experience includes numerous public speaking engagements, media appearances, interviews, podcasts, and institutional and investment banking presentations. He is comfortable with developing and implementing political and industry focused strategies. Edward founded Transitional Finance Partners (TFP) in 2009 to focus on his highest personal satisfaction: generating value from challenging financial situations and distressed projects.
He has worked on multiple engagements including private security firms, large independent hospitality chains and major industrial and office portfolios. Asset levels have ranged from $10 million to $400 million.
In 2004, Edward joined The Allen Group as President and Chief Operating Officer to lead the Company’s efforts in developing commercial projects throughout the United States. He also managed the expansion of The Allen Group’s Logistics Park portfolio to include two of the most sophisticated Inland Ports in North America. In addition to his extensive experience in real estate development and finance, Mr. Romanov has held executive positions in public and private enterprises ranging from health care to entertainment software and Broadband communications.
In the 2000, he formed ElderTrust, a health care REIT, purchasing $385 million in health care real estate assets from several East Coast health care operators. After successfully completing a $125 million IPO and obtaining a $240 million secured line of credit from Deutsche bank, ElderTrust was listed on the New York Stock Exchange. Romanov served as ElderTrust’s President and Chief Executive Officer for several years.
In the late 1980’s, Romanov owned and operated WesTerra Development, where he developed many Class A office buildings as well as R & D flex space and apartments in the San Diego and Northern Virginia markets. Earlier, he was Chief Operating Officer of San Diego-based Torrey Enterprises, where he managed the development and finance of landmark projects such as the 27-story Pacific Western Bank Building and the first phase of the twin towers of the Marriott Marquis Hotel and Marina on the San Diego Bayfront. The total value of projects developed while he was COO of Torrey Enterprises would approximate $500 million in today's market.
Education & Credentials
After earning his degree in Economics from Lehigh University, Mr. Romanov spent three years with Fidelity Bank in Philadelphia, followed by three years with Ernst & Young in San Diego, where he developed a forensic accounting practice specializing in criminal fraud investigations, supporting the Enforcement Division of the SEC in Los Angeles in some cases. During this time, Mr. Romanov also completed his M.B.A and became licensed as a CPA in both California and Pennsylvania.