Lisa Moghul, Head of Closing on Influential Women

Influential Woman · Commercial Real Estate Finance

Lisa Moghul

Head of Closing, NewPoint Real Estate Capital

Chevy Chase, MD

Certifications · Degrees · Memberships

Member Mortgage Bankers Association

Her Story

About Lisa

I began my career in 1998 with a background as a paralegal in residential single-family real estate. One of the attorneys I worked with was handling a multifamily closing and told me about an opportunity, saying I had great experience even though it was single-family, and that I might like the multifamily industry. I was young and wanted to try something different, so my legal background in residential propelled me into the multifamily sector of commercial real estate where I've been for 25 years. Now I'm the head of a closing department for a commercial real estate lender, where we close billions of dollars a year. It's very fast-paced - I have a team of closers and closing analysts, and we work with the underwriting team and legal counsel through the due diligence stages to get the loan ready to close. My day consists of a lot of mentorship, and I really focus on the people, mainly the young women who are new in the industry. Because this is such a male-dominated industry, I like to really encourage women to have a voice and have more exposure in the real estate transaction world. I focus on leadership more so than management - I have a good team, they know how to do their job, but they need someone to motivate, inspire, and empower them to really stand out and have more exposure in the process.

Her Interview

Ten minutes with Lisa

01What do you attribute your success to?

I attribute my success to good mentorship. I don't know that it - you know, that's really a big part of your success, if you can find someone who has been doing what you're doing a long time and can guide you through the trenches of when it's really stressful or there's a lot of pressure, and you're not sure how to manage either personalities or deadlines. Having someone to help lead you through that, I think, is very important. It's about finding people who can help you navigate the challenges and pressures of this industry.

02What advice would you give to young women entering your industry?

I would say, try to find a mentor. Join local organizations that are female-driven - find the women that are successful at it. It's all about networking, organizations, anything that you can have visibility with other women doing the same thing. I think it's really important because it's easy to be overlooked in commercial real estate, and it is typically a male-dominated industry. You have to work twice as hard for that chance. So I would suggest that you find someone who can guide you along the way. Know what you want, know what your goal is, and then find the help along the way to help you get there. Be courageous - don't be afraid to stand out. Don't play small. Take up space in the room. It's okay to ask questions that you don't want to appear not to have all the answers for, but it's okay to be inquisitive. That's how you learn, and that's also how you show interest. Everyone else in the room might be thinking it but are afraid to ask it, so be courageous.

03What are the biggest challenges or opportunities in your field right now?

The biggest challenges in commercial real estate right now are that it's an interest rate market - it's very competitive and unpredictable. You really have to be able to adapt to a changing situation. It's not like a project management position where you have a deadline and you just need to make sure the project moves in time with the deadline. You have to be able to adjust timing at any moment's notice because if interest rates drop, we have to be able to adjust and move quickly. So it's really a lot of pressure. You have to be able to handle pressure, be very detail-oriented, very thorough, and be able to manage a lot of big personalities. Commercial real estate is big personalities - it's borrowers with a lot of capital and equity, and you have to be able to manage that.

04What values are most important to you in your work and personal life?

My core values in my professional life are inclusivity and empowerment. I make sure I lead more than I manage. I really encourage, even for myself and for younger women, to find their voice. It's okay to ask a question - you don't want to appear to not have all the answers, but it's okay to be inquisitive. That's how you learn, and that's also how you show interest. Everyone else in the room might be thinking it but are afraid to ask it, so be courageous. Don't be afraid to stand out. Don't play small. Take up space in the room. You have to be your own advocate, whether it's professionally, medically, personally - you have to find your own voice, find someone to help you through it, and you can get through it.

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