Eyzenberg Expands to DC With Hiring of Evan Dockser
Eyzenberg & Co., a New York-based commercial real estate investment bank and capital advisor, has hired industry vet Evan Dockser as managing director of its new Washington, D.C., operations.
The firm, which is headquartered in Midtown Manhattan and led by President David Eyzenberg, specializes in ground lease transactions, debt and equity placements, and is preparing to roll out a PACE lending program. The D.C. launch marks the firm’s first expansion outside of New York.
Eyzenberg said the company saw an opportunity to deliver broader capital stack options to the local market than what is currently prevalent.
“Our expertise in emerging alternative structured products like ground leases and PACE give us a great differentiator against existing capital advisory groups already in the market,” Eyzenberg told Commercial Observer. “D.C. is one of the top U.S. destinations for institutional capital both domestically and abroad. It is an ideal location for an expansion of our operations as it allows us to efficiently direct capital that flows along the Eastern Seaboard to local opportunities.”
Dockser comes to the firm from D.C.-based Dresam Advisors, where he served as managing member, and his experience also includes stints as CIO of Legends Golf & Sands Resort and president of Hospitality Investors Group, where he advised on worldwide lodging investments.
His responsibilities in the role will include growing the regional office, expanding the company’s presence in the Mid-Atlantic region and bringing a full spectrum of capital solutions to the market.
“Evan and I have worked together before and have maintained a personal and professional relationship for over 17 years,” Eyzenberg said. “I needed someone I can trust, work well with and who has the abilities to execute our business plan. Furthermore, through his own relationships and those of his family, Dockser is known in the D.C. region, allowing Eyzenberg & Company to make an immediate impact and capture opportunities.”
In the months ahead, the firm will look to add a handful of people and find a permanent space for the D.C. office, maintaining what Eyzenberg refers to as a “boutiquey feel.”
“One of our main differentiators in the marketplace is our ability to structure the entire capital stack, including our market-leading position in structuring and capitalizing ground lease transactions,” he said. “Additionally, with our imminent rollout of a proprietary PACE lending program, in a joint-venture with a leading PACE firm, we are well positioned to service middle-market and lower institutional owners and operators seeking creative capital solutions for their projects.”
Eyzenberg was a principal of Avison Young capital markets group before starting this firm in 2016.