ENGLEWOOD CLIFFS, NJ—MichaelArman has joined Procida Funding, managerof the 100 Mile Fund specializing in the $3 - $30million market, as chief financialofficer. Arman will oversee all accounting,tax compliance, treasury, reporting, loan servicing and systems forthe fund and its manager and also serve as a conduit betweenlenders, participants and con-investment partners.
Arman's career in the real estate and financeindustries spans more than twenty years and his relationship withProcida Funding's founding principal,William “Billy” Procida, is almost aslong.
“As is my custom, I rarely hire strangers,” saysProcida. “When picking a CFO, you definitely don'thire a stranger. Knowing Mike for 15 years, I knowhis work ethic, integrity and knowledge are second to none. We arehappy to have him.”
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