Devang Patel

Devang Patel Email and Phone Number

Founder and CEO @ Funding Door
New York, NY, US
Devang Patel's Location
New York City Metropolitan Area, United States, United States
About Devang Patel

Today’s business world is complex. As "hard money" lending meets Wall Street and continues to mature, it is marching into ever greater complexity. Navigating the web of borrowers, lenders, brokers, investors, and capital providers requires a diverse perspective very few in the industry possess.Devang Patel, CEO of Funding Door, has had the unique experience of serving in all of these roles. Prior to founding Funding Door, he was Toorak Capital Partners' first hire as Head of Business Development and Loan Acquisitions, helping to spearhead the origination of more than $2.5 billion in loans for individuals investing in residential real estate. He was accountable for setting up and creating the initial operational infrastructure and led the sourcing and growth of lender relationships nationwide. Prior to Toorak, Devang was one of the initial hires at B2R Finance (Finance of America Commercial), a pioneering lender for single-family rental investors backed by the private equity firm Blackstone Group which originated over 1 bn during his time. Devang began his career at Barclays Capital, covering various Residential and Commercial whole loan products within the Securitized Products Group. Devang has also personally invested in real estate through fix and flips and owning several rental units, allowing him to relate to the needs of borrowers. Devang’s 16-year career and significant expertise in real estate allows him to excel in providing capital to fund the opportunities and successes of real estate investors. All his experiences aligned during the creation of Funding Door. Devang serves as CEO of Funding Door which means he bears many responsibilities: everything from the overall financial structure of the company to operations and sales. But most importantly, he has a deep understanding and appreciation of the relationship between the funding source and the customer. For Devang and Funding Door, the relationship with their customers is at the forefront of everything they do.

Devang Patel's Current Company Details
Funding Door

Funding Door

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Founder and CEO
New York, NY, US
Website:
fundingdoor.com
Employees:
1
Devang Patel Work Experience Details
  • Funding Door
    Founder And Ceo
    Funding Door
    New York, Ny, Us
  • Funding Door
    Founder And Ceo
    Funding Door Sep 2021 - Present
    Iselin, New Jersey, Us
  • Rain City Capital
    Director
    Rain City Capital Sep 2020 - Sep 2021
    Kirkland, Washington, Us
  • Toorak Capital Partners
    Principal
    Toorak Capital Partners Aug 2016 - Sep 2020
    Summit, New Jersey, Us
    Oversee business development and loan acquisitions for fix and flip, multifamily, and single family rental loan products
  • Toorak Capital Partners
    Principal
    Toorak Capital Partners May 2016 - Aug 2016
    Summit, New Jersey, Us
  • B2R Finance
    Capital Markets Associate
    B2R Finance Jul 2014 - May 2016
    New York, New York, Us
    Loan pricing, PnL reporting, and securitization
  • Apollo Global Management Llc
    Associate
    Apollo Global Management Llc Mar 2013 - Aug 2014
    New York, New York, Us
    -Associate for REITs, Real Estate public and private fund, and Structured Credit funds within Apollo
  • Barclays Capital
    Securitized Products Associate
    Barclays Capital Sep 2007 - Apr 2013
    New York, Ny, Us
    Support the student, commercial and residential originations desks.Managed Asset Backed Commercial Paper securities arbitrage conduit for commercial paper dealer trades, trade capture,and P & L Worked with portfolio accruals team to analyze collateral performance, perform credit and structural analysis for buy and sell opportunities of ABS securitiesWorked as a business analyst to reduce inefficiencies in workflow through automation of manual processesBuilt process flows for new Student Loan businesses for front to back process flowsPart of Commercial/Residential origination team and support teams in assisting closing deals.
  • Avis Budget Group
    Financial Analyst Intern
    Avis Budget Group 2005 - 2007
    Parsippany, Nj, Us

Devang Patel Skills

Derivatives Capital Markets Securities Securitization Financial Analysis Trading Hedge Funds Portfolio Management Bloomberg Fixed Income Structured Finance Financial Modeling Banking Valuation Middle Office Finance Credit Fintech Equities Financial Reporting Corporate Finance Accounting Series 7 Sarbanes Oxley Act

Devang Patel Education Details

  • Kean University
    Kean University

Frequently Asked Questions about Devang Patel

What company does Devang Patel work for?

Devang Patel works for Funding Door

What is Devang Patel's role at the current company?

Devang Patel's current role is Founder and CEO.

What is Devang Patel's email address?

Devang Patel's email address is de****@****ail.com

What is Devang Patel's direct phone number?

Devang Patel's direct phone number is +190827*****

What schools did Devang Patel attend?

Devang Patel attended Kean University.

What skills is Devang Patel known for?

Devang Patel has skills like Derivatives, Capital Markets, Securities, Securitization, Financial Analysis, Trading, Hedge Funds, Portfolio Management, Bloomberg, Fixed Income, Structured Finance, Financial Modeling.

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