Lisa Grimes is Senior Vice President and General Counsel for ReCap. Lisa manages the ReCap Real Estate Law Group responsible for documenting, negotiating, and closing all loans originated by the company, reviewing and preparing documentation needed to address a myriad of mortgage loan servicing issues, and providing legal advice for loan applications, real estate, and lending matters.
Lisa began her career as a real estate attorney in 1987. She started working in commercial mortgage lending (CML) and real estate finance In 1991, serving as in-house counsel for the St. Louis Development Corporation. In this role, she represented the Community Development Agency, the Industrial Development Authority, and other quasi-governmental agencies in the administration of the City's Community Development Block Grant program overseen by the U.S. Department of Housing and Urban Development and the Issuance of industrial development bonds. In 1996, Lisa joined the law department of General American Life Insurance Company and represented General American and successor company Conning's institutional clients with their real estate and commercial mortgage needs. Lisa became Vice President, Counsel, and Closing Manager for KeyBank Real Estate Capital in 2001. In connection with KeyBank’s third-party lending program, she provided legal representation for the closing and servicing of CMLs originated for various life insurance company clients. Over her 30-year career, Lisa closed approximately one thousand CMLs with a total-dollar value well into the billions.
Lisa has a Bachelor of Science degree from Southeast Missouri State University and obtained her Juris Doctor from the St. Louis University School of Law. She is also a member of the Board of Directors of Gateway Housing First, a non-profit corporation dedicated to the construction and development of housing for individuals with disabilities and special needs.