Peter Loewy
Chief Executive Officer peter.loewy@telesproperties.com
Peter H. Loewy, General Counsel Teles Properties and Managing Partner of Teles Opportunity Funds LLC, began his career as an attorney with Fragomen Del Rey Bernsen and Loewy LLP. He managed a number of the firm’s offices across the United States, and led its growth internationally to eventual placement among the American Law top 200 law firms. His role culminated with his tenure as Managing Partner of the U.S. firm.
As CEO of Lowy Armstrong LLC, Peter Loewy directed the real estate development company with projects in Southern, Central and Northern California for over 20 years. During that time, the firm acquired and managed diverse real estate investments including commercial and residential leaseholds, high-end residential development and renovation projects and larger scale housing projects. Mr. Loewy has also been an Adjunct Professor of Law at the Southwestern School of Law.
Peter is originally from the east coast but has assimilated well to western living. He and his family enjoy the outdoors, sports and the arts. He is an avid tennis and squash player.
Peter Hernandez
Chief Operating Officer peter.hernandez@telesproperties.com
In 1970, Mr. Hernandez began his career working with his father, Frank, his step-mother, Kathy, and brother, Michael, at Hernandez Realty, the No. 1 firm in Marina Del Rey. He joined Jon Douglas Company in 1983 and worked as a top producing agent until 1988. In 1988 Mr. Hernandez began his management career managing several offices for both Jon Douglas and Coldwell Banker. He served additional roles as a Vice President and Regional manger for both firms.
Most recently, Mr. Hernandez served as President and COO for Coldwell Banker in Orange County. He oversaw 17 0ffices and built the company to approximately1,100 agents in less than five years. During his tenure he successfully implemented three acquisitions, The Dyson and Dyson Company, The Balboa Real Estate Company and Strada Properties. As part of his role as President, he developed and oversaw the Previews Studio Design Center to service the marketing needs of the agents and company.
Mr. Hernandez is to oversee the day-to-day operations of Teles Properties. His responsibilities include managing all departments including the marketing studio, branch offices and the IT department. He will oversee the recruiting and retention of agents and key management and department heads. He will be responsible for opening and managing the first branch and will assist the CEO in developing strategies and new revenue streams for the Company.
Bill Grasska II
President bgrasska@rivierafinancial.com
Bill Grasska has been a leader in mortgage lending for the past 22 years, personally funding over $1.5 billion in residential, multi-family and commercial loans.
Starting his career with Glendale Federal Savings and Loan in 1986, Bill immediately became a top producer and was awarded the title “Circle Elite,” representing the top 1% of all loan production. Expanding his career into mortgage brokerage in 1992, Bill became vice president in charge of sales at Trans Capital Mortgage. There he hired a dynamic sales force and set new national records for loan production. In 1995 Bill co-founded and became CEO of William Gregory Mortgage. Under his leadership, the firm quickly became a major force in the lending industry.
Bill is currently president of Riviera Financial, which was founded in 2008 on a new model of mortgage lending. Using state-of-the-art technology and a hybrid combination of mortgage banking and brokering, Riviera Financial is setting even higher standards in customer service and delivering better results in all aspects of the lending process.
Grasska attributes his success to up-to-the-minute knowledge of the financial marketplace and a commitment to strong team leadership, outstanding customer service and professional integrity. “At Riviera Financial, we place the highest priority on the client’s security,” he says. “With a smart, hard-working sales team, superior technology and beneficial lender relationships, we are constantly working to enhance the customer’s experience and to design secure, advantageous financing solutions.”