Robert L. Smallwood, CPA, MBA, joined Love Funding’s Cleveland office in 2007 as senior director. In this capacity, Mr. Smallwood specializes in financing solutions for the assisted living and skilled nursing industry. He also advises clients in all aspects of multifamily financing including senior, affordable and market rent housing.
Mr. Smallwood has more than 35 years of experience in the financial industry. Prior to joining Love Funding, he served the industry as a MAP approved underwriter, often using Love Funding as his correspondent to fund and close HUD-insured projects. In December 2008, Mr. Smallwood successfully placed the first national LEAN acquisition financing providing acquisition financing for Villa at the Lake, a 90-unit assisted living facility in Conneaut, OH.
Mr. Smallwood’s prior experience includes an extensive career as the chief financial officer and executive vice president of financing for a publicly traded regional integrated oil and gas company. In his capacity with Eastern Petroleum Company, Mr. Smallwood implemented a program of reorganization that provided company growth through both acquisition and development while improving shareholder value by approximately 300 percent. After the successful disposition of Eastern Petroleum, Mr. Smallwood also served as CFO for Superior Printing, a nationally recognized sheet fed printer from Northeast Ohio.
With his years of financial experience and knowledge of the various HUD insured programs, Mr. Smallwood has been able to assist his clients with the development of financial solutions tailored to their specific needs.
Mr. Smallwood is a licensed CPA in Ohio and holds an MBA from Youngstown State University.
“This was our first experience with the LEAN process and Bob’s knowledge of the LEAN program and his experience with the LEAN process was invaluable to the transaction. He assisted us through each step of the transaction and kept us completely up to date as our projects moved through LEAN’s processing queue and into closing.” -Al Vrable, President, Chief Executive Officer and Owner of Vrable Healthcare
“It was a pleasure dealing with Love Funding and Robert Smallwood on the first HUD LEAN program acquisition loan to close in the U.S. Robert and Love Funding are certainly well-trained, highly qualified and got things done on a timely basis, even though there were plenty of issues that could have stalled things badly. Much thanks and praise for the Love Funding team. I’d recommend them every time! ” —Lloyd R. Chapman, Principal with Acquisition and Management Consultants, LLC
“I cannot say enough about the effort Bob Smallwood put forth on our behalf. His professional approach to our relationship, not to mention his thoroughness and responsiveness during the application process, enabled us to meet a very tight timeline. From the point of engagement through closing, he remained committed to providing the utmost level of professional service resulting in a successful conclusion. As we continue to review growth opportunities, we will, without hesitation, look to Love Funding and Bob Smallwood as our financial partner. ” —Christopher C. Randall, CEO of Randall Residence