David Eyzenberg joins Avison Young as a Principal to expand the firm's investment banking services in the Tri-State market
NEW YORK CITY, June 7, 2012 /CNW/ - Arthur J. Mirante, II, Principal and Tri-State President of Avison Young, Canada's largest independently-owned commercial real estate services
company, announced today the hiring of a key industry professional for
the capital markets team in the company's New York City office.
Effective immediately, David Eyzenberg joins Avison Young as a Principal. His responsibilities will include
raising capital and providing investment banking services to Avison
Young's commercial real estate clients nationwide. Eyzenberg's focus
will be on entity and asset recapitalization, financing debt and
property acquisitions, as well as advising Canadian and domestic
institutions on deploying capital into appropriate U.S. investment
opportunities, with special regard to structured ground lease
"The addition of David to our team in New York significantly strengthens
our capital markets services by expanding our investment banking
expertise," comments Mirante. "David's expert knowledge of the
intricacies of commercial real estate financing, coupled with his deep
understanding of equity/joint venture structuring, provides us with a
competitive advantage in providing the highest level of consulting
services to our institutional and private equity clients in the areas
of acquisitions, divestitures and recapitalizations."
Avison Young Principal Greg Kraut in New York adds: "This announcement marks another important step in
our ongoing strategy to build a full-service platform in New York
comprising the industry's best talent. David brings to Avison Young a
tremendous reputation and strong relationships that, when coupled with
his exceptional experience, make him a valuable and complementary
member of our team."
Before joining Avison Young, Eyzenberg served as Managing Director and
head of commercial real estate for NewOak Capital, a New York-based
financial advisory firm, where he completed multiple property financing
and commercial mortgage-backed securities/commercial real estate
collateralized debt obligation valuation assignments.
Eyzenberg's tenure at NewOak followed the company's acquisition of
Prodigious Capital Group, an investment banking practice that he
founded and led in consummating more than $350 million in financing and
advisory assignments. His representative transactions included
obtaining $14 million of joint-venture equity for the purchase of a New
York development site by a private owner, arranging a $28-million
predevelopment bridge loan for a New York-based developer, and
structuring a $17-million blanket mortgage on seven multi-state assets
for a private family.
Eyzenberg also previously worked at Ramius Capital Group, an investment
management firm, where he sourced, evaluated and structured more than
$1.8 billion of debt and equity transactions nationwide encompassing
all property sectors.
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.
"The collaborative nature of Avison Young's partnership structure, as
well as the company's international platform, provide me with numerous
advantages in executing business - specifically in regard to sourcing
the proper capital for transactions," says Eyzenberg. "I am excited by
the opportunity to leverage my years of experience advising clients on
their financing and investment strategies to further grow the firm's
capital markets practice."
Eyzenberg is a graduate of New York University, where he earned a
Master's degree in real estate investment and finance and a Bachelor's
degree in communications. He is President of the New York University
Schack Institute of Real Estate Alumni Board and a member of the Urban
Land Institute, Mortgage Bankers Association, Young Mortgage Bankers
Association, Real Estate Lenders Association, International Council of
Shopping Centers and CoreNet.
Complementing his professional endeavors, Eyzenberg teaches graduate
real estate finance studies in New York University's Masters of Science
in Real Estate program, and has been a featured speaker at numerous
industry conferences and events.
Over the past three years, Avison Young has grown from 11 to 31 offices
and from 300 to more than 900 real estate professionals across Canada
and the U.S. The company announced the opening of its first office in
New York City in April and has since made a number of significant new
hires for the office as the firm executes on its growth strategy for
the Tri-State market.
In February, Avison Young was named a winner of Canada's 50 Best Managed Companies program for 2011, sponsored by Deloitte, CIBC, National Post and Queen's School of Business.
Founded in 1978, Avison Young is Canada's largest independently-owned
commercial real estate services company. Headquartered in Toronto,
Ontario, Avison Young is also the largest Canadian-owned,
principal-managed commercial real estate brokerage firm in North
America. Comprising more than 900 real estate professionals in 31
offices across Canada and the U.S., the full-service commercial real
estate company provides value-added, client-centric investment sales,
leasing, advisory, management, financing and mortgage placement
services to owners and occupiers of office, retail, industrial and
•Editors/Reporters: please click on link to view and download photo of David Eyzenberg
For further information/comment/photos:
New York Media Relations:
• Christa Segalini, Vice-President, Beckerman PR: (201) 465-8021
• Elliot Baum, Principal and Vice-President of Marketing, New York, Avison Young: (212) 729-7465
Avison Young Media Relations:
• Sherry Quan, National Director of Communications & Media Relations, Avison Young:
(604) 647-5098; cell: (604) 726-0959
• Arthur J. Mirante, II, Principal and Tri-State President, Avison Young: (212) 729-1896
• Earl Webb, President, U.S. Operations, Avison Young: (312) 957-7610
• Mark Rose, Chair and CEO, Avison Young: (416) 673-4028
Avison Young is a winner of Canada's 50 Best Managed Companies program for 2011, sponsored by Deloitte, CIBC, National Post and
Queen's School of Business
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For industry news, press releases and market reports: www.twitter.com/avisonyoung
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SOURCE Avison Young (Canada) Inc.
For further information:
Christa Segalini, Beckerman PR
(201) 465-8021; (908) 448-8591 cell
Sherry Quan, Avison Young
(604) 647-5098; (604) 726-0959 cell