| Mr. M. J. Mastalir - Real Estate Capital Corporation |
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Golf Strategists
M. J. Mastalir is the President and owner of Real Estate Capital Corporation, a mortgage banking company specializing in the financing of commercial real estate and golf related properties. As the exclusive correspondent for the Western United States for Textron Financial Corporation’s Golf Finance Division, Mr. Mastalir underwrote golf properties and obtained commitments totaling almost one billion dollars. Mr. Mastalir was instrumental in convincing Textron Financial to support the golf industry by creating a national lending program and then assisted with the structuring of that program. Mr. Mastalir is recognized as one of the nation’s foremost authorities on golf course finance and in 1999 was named one of the 25 most influential people in golf by Golf Inc magazine. Real Estate Capital Corporation also assists prospective buyers, owners and operators with the acquisition and disposition of golf clubs and courses. Services include market and financial analysis, operational review, deal structuring, strategic planning and execution. Mr. Mastalir has access to many resources within the golf industry that can provide the additional necessary assessments and solutions to the myriad of issues that arise in a golf course transaction. Prior to forming Real Estate Capital Corporation, Mr. Mastalir spent fourteen years with Colorado’s largest mortgage banking company, IntraWest Mortgage Company. During his tenure with IntraWest, he financed in excess of eleven thousand multi-family housing units and served as the company’s president from 1983 – 1985. Mr. Mastalir is a past member of the Board of Governors of the Mortgage Bankers Association of America where he served on several committees and chaired the Insured Project Committee. Mr. Mastalir was a member of the United State Golf Association Executive Committee for eight years where he served as a Vice President and chaired many committees including the Rules of Golf Committee. Mr. Mastalir has served on numerous local and national committees and commissions dealing with housing and finance policy issues and has been a speaker at many golf course and real estate finance seminars and conferences. In addition, he has served on many community boards including Boy Scouts of America, U. S. Commission on Civil Rights, Colorado Housing Incorporated, Colorado Golf Association and The Denver Partnership. Mr. Mastalir obtained a Bachelor of Arts degree from the University of Colorado in 1968 and a Juris Doctor Degree from the University of Colorado in 1971. He is a member of the Colorado Bar. Mr. Mastalir is currently a member of Denver Country Club, Paradise Valley Country Club and The Royal and Ancient Golf Club of St. Andrews. |



