Mike Nierenberg is a huge entrepreneur and a real estate investor. He is the current Managing Director at Fortress. As of this February 22nd, his net worth was over $16.5 million. He has over 60,000 units of residential investment. He worked in Bank of America Merrill Lynch as the managing director where he was in charge of all trading activities. He also worked for 14 years in a leadership position in Bear Stearns. He is also a former employee of JP Morgan and Lehman Brothers. Although he started a long time ago, his extensive experience has enabled him to get to the top.
While at Lehman Brothers, Mike Nierenberg took time to create flexible mortgage rates for the company’s business. In Bear Stearns were worked for fourteen years, he was in charge of foreign exchange and interest rate operations. He also headed structured products and trading of mortgage-backed securities. He was among the board member in the company from the year 2006 and 2008 and his achievements continued to soar.
In Bank of America Merrill Lynch, Mike Nierenberg was the head of Global Securitized Products and was also in the management committee. He later became the managing director and in charge of Securitized products and Global Mortgages. From the year 2013, he has worked as the CEO, the president, and the chairman of New Residential Investment Corp. this firm is currently publicly traded as a real estate asset that deals with managing investments that are associated with residential real estate.
Mike Nierenberg utilized his time at New Residential to redirect the firm during the financial crisis in the US. He used the situation to create lots of opportunities for the firm. As a result, he got himself a huge set of investments that the company would easily snap up. The company up to date and because of his works has been able to consistently improve its place and position in the world market.
Mike Nierenberg ideas and hard work also saw him get to his top position in the big company Fortress. He is a professional and an expert in his line of work a feature that has made him uniquely capable of handling real estate investments in the market that is continuing to expand.
About Michael Nierenberg: www.corporationwiki.com/p/ia2v9/michael-nierenberg