meet OUR TEAM


We are a team of expert problem solvers committed to finding better funding for our clients. Our personal approach allows us to find unique solutions, and our small size allows us to be nimble. Founded in 2017, PLG is led by career financial and commercial real estate professionals and has established itself as a leading direct PACE lender nationwide. Experience the PLG advantage.

Rafi Golberstein,
Chief Executive Officer

Rafi is a commercial real estate finance veteran with over 15 years of experience in CRE structured finance, loan origination and equity investments. Prior to founding PLG, Rafi spent his career on Wall Street where he was a Managing Director at Ladder Capital, a publicly traded REIT.  At Ladder, Rafi focused on CMBS origination, balance sheet and mezzanine loans as well as equity investments. Prior to Ladder, Rafi worked at Gramercy Capital conducting asset management and loan workouts.  Rafi began his career at Credit Suisse in its large loan commercial real estate group. Throughout his career, Rafi has originated and closed over $2.5 billion of commercial real estate loans throughout the country. Rafi has a BS from Ithaca College in Ithaca, New York.

Bali Kumar,
Chief Operating Officer

Bali joined PLG in 2021 as the Chief Operating Officer. Prior to joining PLG, he served as the CEO of Lean & Green Michigan, the PACE program in Michigan, and developed the Michigan PACE program into one of the nation's strongest PACE programs. His experience also includes serving as a management consultant at Deloitte, a transactional attorney at Proskauer, and the Executive Director of Michigan’s Wayne County Land Bank. Bali graduated with a B.A. from Brown University, a M.Sc. from the London School of Economics, and a J.D. from Berkeley Law. He is a member of the NY and CA bar.

Jesse Hallstrom,
Chief Financial Officer

Jesse joined PLG in 2017 as the Chief Financial Officer. He manages and oversees the financial risks, planning, and reporting of the company. With over 10 years of experience, Jesse has spent the majority of his career in public accounting at local and regional firms working primarily with real estate developers and investors on strategic planning and compliance. Since 2015, in his role as CFO of a real estate developer, Jesse has been involved in closing loans totaling more than $90 million. Jesse graduated from the University of Saint Thomas (MN) with a Bachelor of Arts degree in Financial Management and Accounting and is a Certified Public Accountant. 

Angela Ledding,
Managing Director

Angela Ledding joined PLG in 2021 as a Managing Director.  Angela has over 15 years of experience in commercial real estate lending, having financed CRE projects with manufacturers, retailers, builders, developers, and multifamily property owners. Angela’s experience includes progressively senior underwriting and portfolio management roles at four different regional banks.  Angela graduated at the top of her class at both Bemidji State University and Madison Graduate School of Banking.

Michael Jarmolowich,
Managing Director

Michael Jarmolowich ("Jarmo") joined PLG in 2021 as a Managing Director. Jarmo has over 20 years of experience in finance. Prior to joining PLG, Jarmo was a Managing Director at Stifel Financial Corp., where he focused on the C-PACE market and other areas of sustainable real estate finance. His experience also includes progressively senior experience at Lehman Brothers, Credit Suisse, Deutsche Bank, and Hilltop/Southwest Securities. Jarmo holds a B.A. from the University of Maryland, College Park, an M.B.A. from Fairleigh Dickinson University, and currently holds Series 7 and 63 licenses from FINRA. He is also a former NFL player.

Kris Jones,
VP, Originations

Kris Jones joined PLG in 2021 as a Vice President, Originations. Kris has over 18 years of experience in commercial and multifamily real estate, both placing debt (mortgage and mezzanine) and equity. Prior to joining PLG, Jones was a Senior Director at Ten-X, a Vice President of Real Estate at RealCrowd, and an Investment Partner with Palmer Capital. Jones holds a B.A. from the University of San Diego, an M.A. from George Washington University, and holds a California Real Estate Broker's license.

Matthew McCormack,
VP, Originations

Matthew joined PLG in 2018 as an Analyst and Junior Originator. As Vice President, he is responsible for loan origination, loan underwriting, and portfolio monitoring. Prior to joining PLG, Matthew completed similar duties while working in US Bank’s Commercial Real Estate and Real Estate Structured Finance Groups. At US Bank, Matthew was responsible for property and borrower underwriting for warehouse lines, construction loans, and balance sheet refi’s across all asset classes. Matthew is a graduate of Saint John’s University (MN) with a Bachelor of Arts in Economics.

Sunny Kaw, 
Underwriting Analyst

Sunny joined PACE Loan Group in 2021 as an Underwriting Analyst where he is responsible for loan underwriting and assisting with portfolio monitoring. Prior to joining PLG, Sunny has held various roles, both in the finance industry as an investment banking analyst, and as a pricing analyst. Sunny began his career as an investment banking analyst at Bonanza in Mumbai, India. Sunny received his Bachelor’s Degree in Mechanical Engineering from Mumbai University, and his Master’s Degree in Engineering Management from the University of South Carolina.

Laura Arritt, 
Marketing Manager

Laura joined PLG in 2021 as Marketing Manager. She is responsible for marketing campaigns and strategy, brand awareness, and public relations. Prior to working with PLG, Laura developed campaigns and executed events for a digital marketing agency in Minneapolis. Previously, Laura led brand strategy and marketing initiatives for a pre-eminent New England architecture firm. She holds a BA from Wesleyan University in Middletown, CT.

Dan Engskov,
Controller

Dan joined PLG in 2020 as the Controller. Prior to joining PLG, Dan worked for Ryan Companies, a national real estate developer, with a focus on forecasting, project funding, and compliance for office, multifamily, and industrial projects. He began his career in public accounting with Baker Tilly, working primarily with real estate developers on tax consulting and compliance. Dan is a certified public accountant (inactive) and holds a BS in Accounting from the University of Northwestern – St Paul. He is also a finance board member for Twin Cities Church, and outside of work enjoys hiking and spending time outdoors exploring the north woods of Minnesota with his wife and two children.

Elisha Harper,
Staff Accountant

Elisha joined PLG in 2021 as Staff Accountant. Elisha is responsible for loan servicing and accounts payable/receivable. Elisha has worked in a variety of accounting roles across industries, including the construction industry. Elisha has an Associate's Degree in Accounting from Normandale Community College and is working toward her BA in Accounting at Metropolitan State University.

Courtney Kuchem, 
Administrative Coordinator

Courtney joined PLG in 2019 to support its administrative processes. Courtney is responsible for assisting with loan servicing operations, loan closings, and client communications. Previously, Courtney worked in higher education and educational publishing and she has experience with classroom instruction, database management, transaction research, and event planning. Courtney completed a master’s degree at Indiana University.

Doug Donaldson,
Marketing Specialist

Doug joined PLG in 2017 as a Marketing Specialist. In 2014, Doug began working as Brokerage and Marketing Coordinator at Hempel Companies. At PLG, Doug is responsible for creating and coordinating all marketing materials. Prior to 2014, Doug worked at a political consulting and public affairs firm in St. Paul, MN. Doug is a licensed Real Estate Salesperson and is a graduate of Saint John’s University (MN).