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Member FDICEqual Housing Lender
Regional Mall Refinance and Redevelopment

Regional Mall
Virginia Beach, VA
Refinance & Redevelopment
$26,300,000

Anchored Retail Center

Anchored Retail Center
Grandy, NC
Acquisition
$1,600,000

Mixed Use Permanent Financing

Mixed Use
Virginia Beach, VA
Permanent Financing
$2,000,000

Single-Tenant Retail Permanent Financing

Single-Tenant Retail
Virginia Beach, VA
Permanent Financing
$6,500,000

Single-Tenant Retail Acquisition

Single-Tenant Retail
Norfolk, VA
Acquisition
$3,000,000

Office/Warehouse Refinance

Office/Warehouse
Virginia Beach, VA
Refinance
$3,300,000

Multifamily Refinance

Multifamily
Virginia Beach, VA
Refinance
$6,000,000

Industrial Mini Storage

Industrial-Mini Storage
Virginia Beach, VA
Construction/Mini-Perm
$3,100,000

Multifamily Refinance

Multifamily
Roanoke, VA
Refinance
$6,600,000


Commercial Real Estate Finance Group

Monarch Bank's Commercial Real Estate Finance Group (CREF) focuses on the loan and deposit needs of professional commercial real estate investors and developers. Through its collaborations with Bethesda, MD-based Walker & Dunlop and Charlotte, NC-based Medalist Capital, Monarch Bank CREF will provide enhanced commercial real estate banking services to its clients.

Monarch Bank CREF's experienced bankers offer the benefits of local competitive commercial real estate financing solutions – including construction, bridge, mini-permanent, and permanent loans across all commercial real estate property types with the benefit of a local relationship with Monarch Bank. Monarch Bank CREF is able to leverage Monarch Bank's balance sheet as well as the relationships it has developed with other lenders to help its clients achieve their goals.

Meet our CREF Group Bankers for more information or to get started.

Jeremy Starkey

Jeremy Starkey
President
(757) 961-0643

Lee Van de Water

Lee Van de Water
Portfolio Manager
(757) 644-6867

Jeremy R. Starkey
Jeremy R. Starkey began his banking career in Norfolk in 1994, serving clients in Hampton Roads as well as throughout Virginia and the Mid-Atlantic region with both regional and community banks.

Starkey joined Monarch in 2004. He is a 1994 graduate of James Madison University with a Bachelor of Business Administration degree in Finance and a 1998 graduate of the Virginia Bankers School of Bank Management at the University of Virginia. He is also a 2001 graduate of the Sorenson Institute for Political Leadership at the University of Virginia.

His past community service includes leadership positions with the American Heart Association – Tidewater Chapter, JMU Duke Club Board of Directors, the United Way of South Hampton Roads, and the Rotary Club of Norfolk where is a Past-President. He is a 2004 recipient of the Top 40 Under 40 Award from Inside Business. He currently serves on the Board of Directors of the Hampton Roads Association for Commercial Real Estate (HRACRE), and is a member of the EV Williams Center for Real Estate and Economic Development at Old Dominion University, the Mortgage Bankers Association, and the International Council of Shopping Centers.

Lee H. Van de Water
Lee H. Van de Water graduated magna cum laude from Washington and Lee University with a Bachelor of Science with special attainments in Commerce. Prior to joining Monarch in 2012, she was with S.L. Nusbaum Realty Company in both their Multifamily and Shopping Center departments.

Lee supports the loan origination activities of the Monarch Bank Commercial Real Estate Finance (CREF) Group through deal analysis, underwriting, and structuring for both Monarch Bank-funded deals and those funded by our commercial mortgage banking relationships. She also compiles and analyzes portfolio statistics for risk analysis, which assists in strategically positioning the CREF Group as the premier, bank-based, commercial real estate financing operation in the markets served by Monarch Bank.

Lee is actively involved with the Junior League of Norfolk-Virginia Beach. She is also a member of Commercial Real Estate Women (CREW)-Hampton Roads, Hampton Roads Association for Commercial Real Estate (HRACRE), and the Risk Management Association (RMA).

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