© 2024 Arizent. All rights reserved.

NewOak Capital Appoints Head of CRE Team

NewOak Capital appointed David Eyzenberg as managing director and head of the commercial real estate division, where he will direct the firm’s principal activities in that sector. 

Prior to joining New Oak Capital, Eyzenberg was president of Prodigious Capital Group. Since it was founded in 2005, he led the firm in consummating more than $350 million in financing and advisory assignments comprising single asset, portfolio, and entity level financings; joint venture and structured financing; debt, equity, and hybrid products; and CMBS.

Aside from his position in New Oak, Eyzenberg continues to serve as an adjunct professor in the New York University's Masters of Science in real estate program.

Before forming Prodigious Capital, Eyzenberg was the head of Madison Capital Group 's New York office. He was responsible for originating and executing real estate investment banking deals, specifically focusing on raising equity and structured debt to capitalize or recapitalize new and existing projects. 

Before Madison, Eyzenberg was a director at Wall Street Realty Capital, which is a New York-based spin-off of Cantor Fitzgerald. Here he was involved in over $350 million in private merger and acquisition and equity/mezzanine placement assignments.

Previously,  Eyzenberg was the director of Real Estate at Greenstreet Partners, a private merchant bank, where he oversaw a national portfolio of properties owned through different joint venture vehicles as well as sourcing and analyzing entity and project level investments.

Prior to joining Greenstreet, 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. Eyzenberg started 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.

"Commercial Real Estate debt and equity have been a key focus of our firm and the markets,” said 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.”

“The depth of David’s real estate expertise and experience is ideally suited for our clients and the NewOak platform,"said James Frischling, president and co-founder of NewOak Capital.

NewOak Capital provides advisory, asset management, and solutions services to global institutions.

For reprint and licensing requests for this article, click here.
CMBS
MORE FROM ASSET SECURITIZATION REPORT