As a Principal and founding partner, Jay directs all aspects of LP Equity’s real estate investment fund including identifying new projects, financial analysis, due diligence, contract negotiation, acquisition, portfolio management, recapitalization, and dispositions. Jay has over 15 years of experience in the limited partner investment industry and prides himself in being able to structure mutually beneficial transactions and partnerships.
Since co-founding LP Equity, Jay has spearheaded the fund’s investment in over 300 multifamily housing communities totaling 35,000 apartment units and 1,400,000 square feet of commercial real estate. In his career he has overseen capital investments in 43 different states with a combined asset value in excess of $2 billion. He has also directed LP Equity’s expanded commercial real estate portfolio that includes investment positions in office, retail, industrial, and health care assets.
Before co-founding LP Equity Jay was, for seven years, acting VP at First Atlantic Capital, a large private equity investment fund focused on limited partner and general partner acquisitions.
Jay has a Masters degree in Business Administration and a Bachelor’s degree in Finance from East Carolina University. He resides in Wilmington, NC.