• Responsible for long/short REIT, lodging, & homebuilder positions for hedge fund.• Invested in several short lodging and apartment equity shorts, returning 40+% in short period.• Invested in CMBS, unsecured debt, and distressed real estate loans.• Worked on several workout and debt restructuring situations.

• Senior Analyst for fundamental hedge fund group.• Responsible for coverage of global real estate sector as well as construction service companies, construction materials, building products, homebuilders, mortgage REITs, healthcare, and data center companies.• Responsibilities include selecting buy-sell decisions within hedged portfolio along with generating bottom up investment opportunities with a short to medium term realization period. • Generated significant out performance in correctly identifying undervalued real estate opportunities such as RPB (valued real estate at $14-$15/sh and purchased a 5+% stake in the company at < $10/sh and RPB was sold for $14.70 within less than a 12-month time frame) and HCR (valued company at $65-$70/sh due to significant embedded real estate value, purchased at under $50/sh and HCR announced to go private for $67 within a 4-month time frame). • Demonstrated ability to quantify and analyze real time information to make timely trading calls.• Strong returns on portfolio helped hedge fund group grow allocated capital under management by over 4x since joining Millennium.

• Provided primary coverage of REITs & real estate related companies as a senior member of Merrill Lynch’s REIT equity research team.• Responsible for written research, modeling, valuation, and client interaction within an 18 company coverage universe. • Covered office, apartments, industrial, healthcare and self-storage REITs.• Significantly outperformed REIT Index on opinion changes.

• Completed transactions which raised in excess of $450MM for clients with J.P. Morgan serving as the senior managing underwriter.• Structured and presented custom derivative products, including interest rate swaps, caps, floors, corridors, and yield enhancement products.