Eyzenberg & Company, the New York-based commercial real estate investment bank led by David Eyzenberg, has opened a Washington, DC, office as part of an expansion effort that will see the company add two regional offices in 2020.
Veteran capital markets executive Evan H. Dockser is the first hire for the new office, located at 2020 K Street, and joins as managing director. Dockser’s first assignment is to raise $47 million of joint venture equity for a 700,000 s/f, mixed-use development project in the region.
“Increased government spending, a rush of new tech jobs and a flurry of retail, and mixed-use and waterfront development has re-ignited the Washington D.C. market in recent months and we are delighted to bring our expertise in ground lease, debt and equity capital solutions to our capital city,” said David Eyzenberg, founder and president of Eyzenberg & Company.
“Evan is an extremely skilled professional who has worked with clients around the globe on projects ranging from urban boutique hotels to large-scale master planned developments. He will play a key role in building our pipeline of transactions as we leverage our expertise in capital markets to build our presence in the Mid-Atlantic region and beyond.”
Dockser’s most recent advisory experience is centered on hospitality and residential transactions. He was president of Hospitality Investors Group and served as chief investment officer for Legends Golf & Sands Resort, an owner, developer and operator of golf course resorts. At Legends, he completed a $50+ million recapitalization and oversaw the conceptual planning of a 1,500-acre, master-planned community on the Island of Eleuthera in the Bahamas.
In previous senior positions, Dockser specialized in business development and capital raising with national and international firms, including Wall Street Realty Capital, Friedman, Billings, Ramsey and MeriStar Hotels & Resorts, raising over $800 million from both public and private sources.
He began his career at CRI, Inc., which, in the early 1990s, was the largest owner of multifamily housing in the country with over 100,000 units.
A graduate of Ohio Wesleyan University, he is a licensed salesman in Virginia and the District of Columbia.
“The Washington, D.C., market continues to attract institutional and private capital, as buyers and sellers take advantage of low interest rates to refinance and invest,” said Dockser. “Already, we have been engaged exclusively to raise $47 million in both debt and equity capital for the first phase of what will be a $400 million mixed-use development of multifamily, hotel and office.
“I am excited to work with David as we grow this regional office and bring Eyzenberg & Company’s full spectrum of capital solutions to this supercharged market.”
Founded in 2016, Eyzenberg & Company has grown to become one of New York City’s most respected capital markets advisors with a platform of projects across the U.S.
Eyzenberg, who serves as an Adjunct Assistant Professor at Schack Institute of Real Estate, added, “Our philosophy is to approach every assignment with the perspective of providing a full spectrum of capital solutions along the entire capital continuum.
“The opening of new offices will allow us to access and engage with our clients and capital providers at a more local level and enhance the value of the services we provide.”