John C. Shenk Joins Menlo’s Board of Trustees
June 9, 2011:
Tuesday, September 7, 2010
Menlo College proudly announces that John C. Shenk has recently been appointed to our Board of Trustees. Shenk is the President of Argus Financial Corporation, a mortgage banking company that he purchased in 1982.
Since his acquisition, Argus Financial has transitioned into a traditional income property mortgage banking/brokerage company representing the financial interests of many of the larger San Francisco Bay Area real estate developers and investors. John manages the company's mortgage loan production team and the business operation. Argus' primary business is the placement of conventional permanent mortgages, forward loan commitments on build-to-suit developments, institutional investment sales and joint ventures. Over the years, several billion's of dollars worth of mortgages and sales have been successfully completed.
Prior to 1982, John was a vice president of Union Bank for six years, responsible for new business production for the bank, specializing in developing new real estate clients. From 1968 to 1972, John was a principal in a Boston based mortgage banking company.
Born and raised in San Francisco, John graduated in 1960 from Lick-Wilmerding High School. He played football at Menlo College from 1960-1961, thinking he could solidify a football scholarship to Stanford. Later on, he decided to go to the University of California at Berkeley and graduated there in 1964. John has been on the Board of Directors of the Silicon Valley NAIOP for the past five years. He resides in Atherton, California with his wife of the last 46 years, Sheri, and has four sons, John R. 43, Geoffrey 41, Andrew 35 and Peter 28.
"I look forward to taking an active role in the education of young men and women, and my position on the Board of Trustees of Menlo College represents a unique opportunity," said Shenk.