Mr. Herman joined Rialto in 2013 and serves as Chief Operating Officer and Chief Investment Officer of Rialto Mortgage Finance.

Mr. Herman has over 27 years of experience in the commercial real estate industry. He most recently served as Global Co-head of Real Estate Finance at UBS Securities LLC and was the group's acting Chief Credit Officer.

Prior to joining UBS, Mr. Herman was a Managing Director at Credit Suisse where he was Co-head of its Commercial Mortgage Conduit. From 2008 to 2010 Mr. Herman was managing partner for Round Hill Capital Advisors a real estate advisory firm which he founded. From 1996 to 2008 Mr. Herman was employed by Lehman Brothers and was the Co-founder, Co-head and Chief Credit Officer of its Commercial Mortgage Conduit Program. Mr. Herman was responsible for the design of the business's entire infrastructure including underwriting guidelines, legal documentation, information processes, pipeline system and organization of collateral documentation of securitization. Mr. Herman reviewed and approved all loans for the program; solely responsible for approving all loans under $25 million and a member of the credit committee responsible for approving loans greater than $25 million. His responsibilities also included securitization, the sale of non-investment grade bonds and management of personnel. During his tenure at Lehman Brothers, Mr. Herman reviewed and approved over 4,000 securitized loans totaling more than $40 billion. Prior to Lehman Brothers, Mr. Herman was at Bear Stearns in its Real Estate Investment Management group. Prior to Bear Stearns, Mr. Herman has 10 years of experience working for various real estate companies, including Sentinel Realty Advisors where he was head of commercial property acquisitions.

Mr. Herman received his B.A. from George Washington University.