Dime Announces Elevation of Charlie Terrasi to Head of Investor CRE and Multifamily
Rhea-AI Summary
Dime (NASDAQ:DCOM) elevated Charlie Terrasi to Head of Investor Commercial Real Estate and Multifamily, effective March 2, 2026. Terrasi will oversee growth of the Company’s Investor CRE portfolio while retaining oversight of the multifamily portfolio.
He has more than 20 years of experience and has originated and managed over $4 billion in loans across multiple asset classes.
Positive
- Consolidated oversight of Investor CRE and multifamily portfolios
- Experienced leadership: 20+ years in commercial real estate and $4B originated/managed
Negative
- None.
News Market Reaction – DCOMG
In the Mar 2 session, DCOMG gained 1.14%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAUPPAUGE, N.Y., March 02, 2026 (GLOBE NEWSWIRE) -- Dime announced today the elevation of Charlie Terrasi to Head of Investor Commercial Real Estate and Multifamily. Mr. Terrasi will manage and oversee growth in the Company’s Investor CRE portfolio, in addition to his current oversight of the multifamily portfolio.
Stuart H. Lubow, CEO and President, stated, "As a result of Charlie's successful leadership and management of the Bank’s multifamily portfolio, he will take on the additional responsibility of leading and managing our Investor Commercial Real Estate business, which focuses on long tenured and successful investors who value the combination of Dime’s deep industry knowledge and relationship-based model.”
Mr. Terrasi is an accomplished banking and real estate executive with more than 20 years of experience in commercial real estate, multifamily, construction, special assets, property sales and lease negotiations. Over his career, Mr. Terrasi has originated and managed over
ABOUT DIME
Dime is a New York State-chartered trust company with approximately
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Operating Officer and Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com
¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for banks with less than
FORWARD-LOOKING STATEMENTS
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.
