Philip Backus

Philip Backus
  • Title:Owner/Broker - Commercial Real Estate Services
  • Office:(203) 230-1077
  • Email:phil@backusre.com

About Agent

     Phil Backus has an extensive background in banking, loan workout, credit analysis, and real estate brokerage and development. His clients include banks, municipalities, corporations, attorneys and individual investors. Phil’s brokerage experience includes the sale and leasing of all types of commercial and industrial property, including retail, warehouse, manufacturing, office, restaurants, banks, automobile dealerships, and land.
     Along with brokerage, Phil is available to provide consulting in all aspects of commercial real estate, including lease negotiation, commercial loan preparation assistance, loan restructuring, project feasibility reviews, appraisal reviews, and pre-foreclosure property evaluations. With over forty years of real estate experience — as a commercial lender, credit analyst, appraiser, and founder of Backus Real Estate — Phil brings a vast amount of experience and insight to any real estate transaction.

 

Professional Background

Professional background

Backus Real Estate, Hamden, CT

Principal/Owner

Brokerage - specializing in commercial properties. Transactions include sale of automobile dealerships, warehouse facilities, manufacturing facilities, banks, office condominiums, restaurants, and land.

Management - an adjunct to brokerage. Handle foreclosed properties for out-of-state lenders. Backus Real Estate assumes responsibility for securing properties, paying utilities, maintenance and repair expenses, until properties are sold.

Consulting - includes lease negotiations, pre-foreclosure property evaluations, commercial loan preparation assistance, project feasibility reviews, and appraisal reviews. Clients include banks, municipalities, corporations, attorneys, and individuals. Includes testimony as expert witness in Court, and IRS negotiations on valuations.

Development – completion and sale of numerous residential and commercial projects.

Hudson United Bank (TD Bank North), Westport, CT

Vice President

Loan Workout - successful disposition of non-performing commercial loan portfolio and real-estate-owned (REO) properties. Served on loan committee.

Colonial Bank (Bank of America), New Haven, CT

Vice President

Long Term Lending – Department head in charge of long-term lending for New Haven, CT region. Responsibilities included overseeing commercial, residential, and appraisal departments. Additional responsibilities included loan committee, new business development, and the restructuring or foreclosure of non performing commercial loans.

Connecticut Bank & Trust, New Haven, CT

Vice President

Construction Lending – Originated new business for construction loans on shopping centers, warehouse facilities, condominiums, and residential subdivisions.

Originated loan participations with other lenders.

Loan workout – which included direct involvement in project completion and final disposition of REO properties.

Executrans, New York, NY

Account Executive

Home Transfer – Coordinated home sales for transferred employees. Clients included Coca Cola, United Technologies, Penn Light and Power, and General Reinsurance. Appraised, purchased, managed, marketed, sold, and closed properties.

Crocker National Bank, Los Angeles, CA

Senior Credit Analyst

Credit Analysis – headed department responsible for analyzing companies such as Mattel and Occidental Petroleum.

 

Professional memberships

National, Connecticut, and New Haven Association of Realtors
Connecticut and Fairfield County CID (Commercial/Investment Division) 

Community services

Past President, Hamden Economic Development Corporation.
Past Commissioner, Hamden Economic Development Commission.
Government Affairs Committee, Hamden Chamber of Commerce.
Education Committee, Hamden Chamber of Commerce

 

Education

Central Connecticut State University, New Britain, CT
BS Marketing and Finance
Numerous courses in appraising, marketing and managing real estate.
Weaver High School, Hartford, CT

 

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