New York-based NewOak Capital has named David Eyzenberg to the post of managing director and head of the commercial real estate division. Eyzenberg worked previously as president of Prodigious Capital Group. He also serves as an adjunct professor in the NYU Masters of Science in Real Estate program. NewOak Capital provides advisory and asset management services.
NewOak Capital announces the appointment of David Eyzenberg as Managing Director and Head of the Commercial Real Estate division, where he will be responsible for directing the firm’s principal activities in that sector. Based in Manhattan, NewOak Capital provides advisory, asset management, and solutions services to global institutions.
“Commercial Real Estate debt and equity have been a key focus of our firm and the markets,” says Ron D’Vari, CEO and Co-Founder of NewOak Capital. “David has the rare optimal breadth and depth in commercial real estate investment banking, financing, recapitalization, underwriting, and investment management. We are very pleased to have David help us build an agile and responsive commercial real estate team.”
James Frischling, President and Co-Founder of NewOak Capital, says: “The depth of David’s real estate expertise and experience is ideally suited for our clients and the NewOak platform.”
Before joining New Oak Capital on January 3, 2011, Mr. Eyzenberg was President of Prodigious Capital Group. Since its founding in 2005, he led the firm in consummating over $350M in financing and advisory assignments encompassing single asset, portfolio, and entity level financings; joint venture and structured financing; debt, equity, and hybrid products; and commercial mortgage-backed securities. Concurrent with his service at New Oak Capital, Mr. Eyzenberg continues to serve as an adjunct professor in the NYU Masters of Science in Real Estate program.
Prior to forming Prodigious Capital, Mr. Eyzenberg was the head of the New York office of Madison Capital Group, responsible for the origination and execution of real estate investment banking transactions, specifically focusing on raising equity and structured debt to capitalize or recapitalize new and existing projects. While at Madison, Mr. Eyzenberg’s team successfully executed the capitalization of over $300 million of new multifamily development projects in the South Florida and Las Vegas markets. Preceding his position at Madison, Mr. Eyzenberg was a Director at Wall Street Realty Capital, a New York based spin-off of Cantor Fitzgerald, where he was involved in over $350 million in private merger and acquisition and equity/mezzanine placement assignments.
Previously, Mr. Eyzenberg was the Director of Real Estate at Greenstreet Partners, a private merchant bank, where he was in charge of overseeing a national portfolio of properties owned through various joint venture vehicles, as well as sourcing and analyzing entity and project level investments. Prior to joining Greenstreet, Mr. Eyzenberg was with Ramius Capital Group, an investment management firm specializing in hedge funds and real estate, where he sourced, evaluated and structured over $1.8 billion of debt and equity transactions nationwide encompassing all property sectors. Mr. Eyzenberg began his career as a member of Merrill Lynch’s Real Estate Planning and Transactions Group, where he provided financial analysis support for domestic and international land acquisition, sale/leaseback transactions, leasing and office renovation/purchase efforts.
Mr. Eyzenberg is a graduate of New York University, where he received both a bachelor’s degree and a master’s degree in real estate finance and investment. He has also served as the Vice President of the NYU RE Masters Alumni Board. Mr. Eyzenberg is a former board member of several nonprofit civic organizations. He is an active member of ICSC, RELA, YMBA, MBA, ULI and the NRC.
About NewOak Capital’s Real Estate Advisory and Capital Markets Capabilities
Our CRE platform delivers innovative financial solutions for complex transactions, with capabilities spanning investment banking, restructuring solutions and investment advisory. Our expertise focuses on providing sell side services to owners, operators and developers seeking to access capital from the institutional investor universe. We also provide separate account services to institutions seeking to deploy capital, thereby providing transparency and greater control over their investment programs. In addition to working with top 100 international financial institutions and investors in our core capital markets and advisory services, we have been engaged by many lenders, borrowers, law firms and litigation support firms to assist with various restructurings, portfolio valuations and analysis relating to performing/non- performing commercial real estate loans and related assets.
About NewOak Capital (www.newoakcapital.com)
NewOak Capital is an advisory, asset management and capital markets firm organized to serve as an ally to institutions in addressing the challenges of the global credit markets and demanding new regulatory requirements. Using an integrated platform, we provide analysis, valuation, restructuring, risk transfer and investment management solutions. Additionally, the firm provides capital raising and corporate finance services to select industries. The NewOak Capital team consists of more than 40 professionals with an average of more than 15 years of experience across multiple asset classes and credit cycles. Our experts incorporate the interaction of residential & commercial real estate, consumer, and corporate credits via capital markets, financial institutions, corporate spending/capital needs, and consumer behavior.
NewOak Capital is not encumbered by legacy or rear-view analysis by design. Our clients include insurance companies, hedge funds, banks, fund custodians and fund administrators; we also provide support for many professional services firms, including law, accounting and bankruptcy/reorganization firms. NewOak Solutions: NewOak Solutions offers clients analytics at a granular and structure level on illiquid securities, loans and alternative assets, with capabilities spanning performing forensic analysis, valuation, structuring, and dispute resolution. We have particular expertise in the valuation and analysis of complex structured credit securities, collateral loans and hard-to-price alternative assets. We offer both bottom up credit analysis as well top down macro economic perspectives. Utilizing its proprietary state-of-the-art OpenRisk and Stratus comprehensive portfolio management systems, NewOak is able to apply consistent analysis across large, multi-asset-class and complex portfolios and create valuable security and portfolio level risk profiles. NewOak Advisors: NewOak Advisors offers restructuring, collateral management, risk management, asset disposition, ALM, and other ongoing advisory services. We also provide due diligence, asset liability analysis & optimization, and strategic analysis of large and small financial institutions in relation to M&A transactions or for internal assessment. Our asset-class expertise encompasses residential, commercial, consumer, corporate, and exotic assets. In addition to working with top international financial institutions and investors in our core financial advisory and analytics services, we have been engaged by many law firms and litigation support firms as to our portfolio analytic services.