Jake Dersovitz
Assistant Vice President at L&L Holding Company- Claim this Profile
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Bio
Experience
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L&L Holding Company
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United States
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Real Estate
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1 - 100 Employee
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Assistant Vice President
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Jun 2021 - Present
Real Estate Development currently focused on TSX Broadway Real Estate Development currently focused on TSX Broadway
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Palatine Capital Partners
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United States
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Real Estate
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1 - 100 Employee
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Investments
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May 2020 - Aug 2020
Acquisitions and asset management Acquisitions and asset management
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New York Life Real Estate Investors
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United States
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Real Estate
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1 - 100 Employee
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Senior Associate, Acquisitions and Loan Originations
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Sep 2019 - May 2020
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Associate: Acquisitions and Loan Originations
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Jan 2018 - Sep 2019
Underwrote, performed due diligence, and closed on over $1.45 billion of office, multifamily, retail and industrial transactions. Prepared and presented financial analyses, deal summaries, and investment memorandums on prospective acquisitions and loan originations including cash flow projections, market analysis, budget creation, and sensitivity analysis in Excel and ARGUS. Sourced and executed acquisition financing by creating financing memorandums, analyzing the deal terms and structure provided by lenders, and negotiating loan documentation. Increased efficiency across the equity and debt platforms by creating and implementing standardized Excel valuation and portfolio management models. Show less
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Associate: Asset Management
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Jul 2016 - Dec 2017
Managed a portfolio consisting of office, industrial, multifamily, and retail properties. Developed and implemented annual business plans including operating budgets, leasing strategies, and capital plans. Performed detailed property level analysis of prospective leases by reviewing letters of intent, calculating net effective rent, and analyzing the impact of new leases on each property’s value in ARGUS. Assisted with managing annual third party appraisal process and report review. Show less
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Avison Young
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Canada
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Real Estate
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700 & Above Employee
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Summer Analyst: Investment Sales
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May 2015 - Aug 2015
Summer Analyst on the investment sales team. Summer Analyst on the investment sales team.
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CBRE
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United States
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Real Estate
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700 & Above Employee
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Associate: Brokerage
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Jul 2014 - Jan 2015
Represent tenants and landlords in office leasing transactions. Represent tenants and landlords in office leasing transactions.
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Summer Analyst
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Jul 2012 - Aug 2012
Strategized with product sales team on how to source new investors within the Family Office Fund sector. Responded to investor’s due diligence requests. Performed internal cash flow analysis and audit of specific fund positions. Assisted in the preparation of financial reporting. Performed bank reconciliations. Participated in meetings with existing as well prospective investors. Participated in the creation and structuring of new asset backed lending opportunities and conducted initial due diligence in conjunction with legal team. Show less
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RD Legal Funding LLC
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United States
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Financial Services
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1 - 100 Employee
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Business Development Summer Analyst
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May 2011 - Aug 2011
Analyzed pre – existing business development process leading to findings of inefficiencies. Presented analysis to senior management and was allowed to lead a team to correct the inefficiencies that were identified. Conceptualized an automated business development process. Collaborated with software developer to create conceptualized idea. Negotiated terms of contract with the developer. Led the effort to restructure and reorganize the business development team as well as the marketing and origination process. Project accelerated the ability for RD Legal Funding to reach prospective consumers and expanded its prospective client database by upwards of 390%. Project increased efficiency within the business development team and grew the team by 13 part – time staff. Grew revenue for RD Group as a result of the more efficient business development process and growth in prospective client database. Show less
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Junior Counselor
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Jun 2010 - Aug 2010
Managed a group of 12 children with co counselor to facilitate group activities. Managed a group of 12 children with co counselor to facilitate group activities.
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Head Counselor
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Aug 2009 - Aug 2009
Head counselor for children aged 4 – 5 and 12. Led a group of 12 children in various camp activities. Monitored a group of 3 counselors to ensure all campers received the same great experience. Head counselor for children aged 4 – 5 and 12. Led a group of 12 children in various camp activities. Monitored a group of 3 counselors to ensure all campers received the same great experience.
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Education
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New York University
Master's Degree, Real Estate, Finance and Investments -
Vanderbilt University
Bachelor's Degree, Economics, Political Science -
The George Washington University
International Affairs, Economics -
Tenafly High School