Experienced Commercial Real Estate Lending Expert Kenneth A. Stagnari Joins Peapack Private Bank & Trust

Peapack Private Bank & Trust has strengthened its commercial real estate (CRE) lending division by recruiting Kenneth A. Stagnari, a veteran financial professional with extensive experience in complex real estate financing. Stagnari brings a robust background in managing diverse real estate loan portfolios, with expertise spanning multiple asset classes and comprehensive relationship management.

With a professional history that includes senior positions at notable financial institutions such as Signature Bank, People's United Bank, M&T Bank, and North Fork Bank, Stagnari offers deep industry knowledge in underwriting, credit, and risk management. At Signature Bank, he previously managed a substantial portfolio exceeding $6 billion, involving more than 1,000 loans across various real estate sectors including multifamily, retail, office, mixed-use, and development properties.

Stagnari's addition to the Peapack Private Bank & Trust team represents a strategic move to enhance the bank's commercial real estate lending capabilities. His proven track record of negotiating complex financial arrangements and managing extensive loan portfolios positions the bank to potentially expand its market reach and diversify its lending strategies.

The new Senior Managing Director's academic credentials include a Bachelor of Technology in Public Safety: Criminal Investigations from the State University of New York at Canton and a Master of Public Administration from Long Island University. His professional affiliations with the International Council of Shopping Centers and the Risk Management Association further underscore his industry expertise and commitment to professional development.

Peapack Private Bank & Trust, with total assets of $7.0 billion as of December 31, 2024, continues to demonstrate its commitment to providing sophisticated financial solutions through strategic talent acquisition. Stagnari's expertise is expected to contribute significantly to the bank's growth objectives in the competitive commercial real estate lending market.