Ed Maglasang
Senior Vice President, SmartEquity
Saint Louis, MO 63108
Phone (314) 304-6320
Property Types
Office, Retail
Markets
St. Louis
Bio
Ed has 30 years of experience in commercial banking, commercial real estate, and finance. His background includes executive management in community banking, manufacturing, commercial leasing, commercial real estate lending, special asset management, and public accounting. Previously, he served as Commercial Leasing Director for Novus Development from 2021 -2024 where he completed 89 lease transactions that generated over $12 million in rental revenue.
Mr. Maglasang served as CFO of Hanley Industries, a manufacturer of military primers and detonators in Alton Illinois where he was responsible for budgeting, cash management, and capital funding. He served as CFO and Executive Team Member at Niagara Worldwide from 2012 to 2014 during an aggressive industrial real estate acquisition period.
Mr. Maglasang served as Missouri Community Bank President of Peoples National Bank from 2003 to 2008, overseeing P & L management, financial reporting, budget, and OCC compliance. Under his leadership, his start-up bank location in St. Louis grew to $70 million in assets over 36 months. Before joining Peoples National Bank, Mr. Maglasang was vice president of commercial lending for Union Planters/Regions Bank in St. Louis from 2001 to 2002, managing relationships, originations, and renewals for a $60 million loan portfolio. From 2000 to 2001, he managed the St. Louis start-up conduit lending office for Meridian Pacific Ltd and was responsible for all business development that resulted in $35 million in commercial loans and commitments. From 1995 to 2000, Mr. Maglasang served in the role of commercial credit officer/senior commercial real estate lender for Heartland Bank of St. Louis where he analyzed and underwrote $100 million+ of bank investments that included commercial loans, loan purchases, mezzanine financing, and affiliate company investments. Prior to joining Heartland Bank, Mr. Maglasang served as asset/portfolio manager for First Nationwide Bank (owned by Ford Motor Credit) from 1987 to 1993. In this role, he managed commercial loan workouts, forbearance agreements, and foreclosures, including bankruptcy oversight on a $100 million delinquent portfolio.
