David Forman Email & Phone Number

New York, Ny, Us

New York, Ny

Phoenix CG, LLC has direct access to lenders and other capital market sources to assist funding needs. I have been in financial services my entire career. As an accountant, financial advisor and running family offices, finding reliable sources of capital is always a challenge, especially in today's environment.Here are 2 overviews of lenders where I have successfully funded projects:- option 1 is a private lender that requires “skin in the game” for loans of $20M and up. They will do 100% of the project funding with debt as a 5 year line of credit (LOC). The LOC is drawn based on the client submitted use of funds or a tranche schedule. The source requires skin in the game of 20%-35% of the loan value in cash put into an interest cash account (ICA) (prepaid interest). This assures the lender a performing loan for the LOC period of 5 years. If you do not have the full ICA, we have bridge capability to help with the 20%-35% ICA. The bridge lender is taken out at first draw as are the brokers. - option 2 is full service FINRA investment banking firm that can do debt or equity. They can fund 100% debt with their own debt fund and/or raise equity if the ratios don’t work for 100% debt. The source has a minimum of $10M up to a soft $350M+/-. This lender loves real estate, Fintech, block chain, business expansion, acquisition and any collateral-based project. This lender will use the equity already spent in the project as value to assist with the “skin in the game.” Ratios, and/or outside valuations for the collateral value. Each deal is built and evaluated on its own and may need a hybrid solution. Both options will deliver a Letter of Interest (LOI) or Preliminary Terms with 5-7 days. Let’s discuss helping you maximize your network and close deals. Please contact me for my intake form.#realestate #project #projectfinancing #groundupconstruction #multifamilyfinancing #projectfunding

New York City Metropolitan Area

Business development through network marking and strategic partnerships in New York City and throughout New York State by combining the energy and building solutions coupled with funding alternatives. Developed a pipeline of opportunities in excess of $25M (even during Covid) through this approach. The New York market has 100s of consultants and service providers for the energy efficiency and energy management sector. Recognizing this, I established a network of providers in different energy management areas to work together in order to provide needed building solutions. Funding a project has always been a challenge; my accounting, sales and financial background is a perfect fit for the industry. I developed a deep understanding of the reporting responsibility unique to NYC, such as Local Law 84 or LL87. The LL97 carbon penalty has created a historic awareness of the energy sector. Identifying and eliminating the penalty through building upgrades has become crucial for building owners. Vanguard is a construction management and energy efficiency solutions company providing simple equipment replacement such as boilers or generators to full ESCO solutions that include funding options. Providing a turnkey approach to owners for their buildings and working with existing consultants and advisors is paramount.

Greater New York City Area

Responsible for the growth and expansion into the New York market using a combination of network marketing, partnership development and direct prospecting marketing. Ecosave is an ESCO with a unique approach to energy solutions and savings including guaranteeing savings from the solutions, developing funding alternatives, coordination of communication between engineering and clients and working with funders and C-suites. Using my experience in direct Business Development, seminar presentations, sales team building, board room presentations and working directly with C-suites I was able to quickly bring in multiple opportunities to Ecosave. I was able to open 12 assessments for the engineering department and closed over $4.0M in projects. My ability and experience allow me to quickly identify opportunities and communicate complex solution in laymen’s terms while coordinating the internal engineering team with the clients’ team.

Voorhees, New Jersey

Self Employed working in many aspects of the business development “a born hunter” and consulting in the financial services and project funding community. Act as a broker in the commodities business for petroleum, sugar, iron ore and financial instruments. Assist in raising debt and equity-based capital for privately held companies. Developed a consultant networking system for development of opportunities whereby individual brokers, who notoriously work alone and distrust other consultants, are working together toward a common goal; to close the sale and get the seller and buyer to work together.

Greater New York City Area

Omnia Schweiz' establishment into the US market is very exciting for us. Developed as a Family Office for their clients, Omnia Schweiz, has developed proven solutions for turning assets (public securities, gemstones, artwork, etc) into liquidity and cash flow through their expanded relationships with their bank, hedge funds and other banks around the globe. The US market is fertile ground for their distinctive service and it was only a matter of time that porting these solutions to the US market would come to fruition.

Philadelphia

Director of Operations and Marketing for a unique 3D media company capable of 3D without glasses in advertising, medical devices and tablets. Responsibilities include: setting up computer and database system, develop outside marketing consultant network and coordinating the efforts of a limited staff. Assist in raising the needed capital to fully produce the hardware and take advantage of the 3D buzz.

Cherry Hill, New Jersey

Financial and consulting services company specializing in the development of unique strategies and solutions for high net worth business owners and their families. We worked in a collaborative with existing professionals to develop a team of advisors for the client. Revenue was derived from consulting and project fees, life insurance commissions, family office retainers. Key Achievements • Developed and managed the Enterprise Transition System™ (ETS)™for clients- Developed The Asset Protection Audit™ (APA™)• Adapted to the changing economic environment through strategic decisions• Responsible for the quality of our work for 12 employees• Nationally recognized speaker and work shop coordinator for business succession and the ETS™

Chicago, Il

• Opened a new office for the Chicago based financial services company• Established The Business Transition Group, a new line of business for Mesirow Financial• Worked closely with each of the 6 other business lines to develop multiple revenue sources from the same client of Mesirow

Mt. Laurel, New Jersey

• Leading producer each of eleven years • Assisted expansion of the company from 17 employees to 65 employees nationally and from $800,000 annual revenue to $10,000,000 while being on advisor council of firm