David Jacob Email & Phone Number

New York, NY, US

US

- Opportunistic equity investor in distressed commercial and residential real estate properties

Summit, New Jersey, US

- Senior credit officer and management committee member overseeing all residential and multifamily/mixed-use credit loan reviews and credit criteria for Toorak's residential loan acquisition investment platform both in the US and the UK.

Newark, New Jersey, US

- Pricing and Structuring Team Leader responsible for CMBS loan pricing, structuring, hedging, rating agency valuation and securitization analytics- Identified buyers and traded Whole Loans and Mezzanine Loans as part of a fund wind down. Required negotiating and securing third party approvals from servicers, rating agencies and b-buyers. - Developed new.

Birmingham, AL, US

- Co-Head of CMBS/CRE Trading - Traded on a principal and agent basis CMBS AAAs to CMBS 1.0 deep credit bonds, Single Asset/Single Borrower deals, CRE CDOs, CRE Mezzanine Loan Sales, CLOs, Munis, REITs, etc.

London, GB

• Global Fixed Income firm focusing on sales and trading, advisory and capital markets. I joined the firm early in its first year and it quickly grew to over 200 employees with offices in New York, London and Tokyo.
• Commercial Real Estate trader working with a global sales force focused on CMBS/CRE CDO/Agency/Military Housing bond trading, CRE loan sales, and CRE banking opportunities
• Traded entire capital stack from short-pay AAA bonds to credit IOs. Over 40% of the trades have been in the CRE CDO space: FAIRF, NSTAR, MACH, RAIT, RTPF, NMCRE, CRSTG, GKKRE, JER, WCRE, etc.
• Produced trading reports/analysis on CRE CDO and credit sensitive CMBS securities to assess recovery and market value of the underlying collateral (Fairfield 2004-1A, Northstar 2005-4, Northstar 2006-8A, etc.)
• Interacted on a daily basis with institutional investors and Wall Street dealers

• Founding member of a new capital markets desk created to facilitate CMBS and balance sheet loan origination
• Priced all CMBS loan quotes by using custom designed pricing models and underwriting review of each asset
• Performed risk assessment of all CMBS loan quotes by utilizing a desktop underwriting review of the asset and determining the likelihood of loan sale
• Priced Mezzanine/B-Note sales and rate locked all fixed-rate CMBS and balance sheet loans
• Responsibility for hedging strategies utilizing interest rate swaps, CMBS TRR, CMBX, and CMBS Bonds
• Developed multiple analytic models for the business including an underwriting loan sizing tool, securitization pricing models, and hedging analytics

Norwalk, CT, US

• Capital Markets, Director, Pricing & Hedging Manager
• Managed four professionals with responsibility for all aspects of CMBS conduit pricing, hedging, securitization analytics, loan pipeline analysis, bond portfolio management, and competitive research
• Issued all custom conduit quotes for the U.S. and Canadian origination sales force
• Pro-actively strategized and implemented new competitive tools for fixed-rate conduit programsCapital Markets, Vice President
• Structured new-issue securitizations working with investment banks and performed ongoing pipeline analysis
• Issued daily pricing matrices through the design and development of a new overnight pricing tool

New York, US

• Client Services, Director
• Responsible for all software implementation, training, and on-going support for firms’ proprietary structure finance software program utilized by over 35 investment firmsAnalytics Group, Analyst
• Reverse engineered commercial mortgage backed, residential mortgage backed, and asset backed structures

Mba, Finance

Ba, Economics With High Honors