United Realty Partners has hired Barry Funt as president of United Realty Capital Markets, an investment banking company focusing on various types of real estate funding.
Before United Realty Capital, Funt started the commercial real estate (CRE) finance unit at Natixis Global Real Estate. He also served as general counsel of Nomura's commercial real estate finance unit.
The new hire, who has over 20 years experience in execution, structuring, underwriting, pricing, placement and oversight, will work directly with United Realty’s founders Jacob Frydman and Eli Verschleiser.
Funt has originated, structured, closed and sold senior and subordinated loans secured by all types of CRE and has started business units and developed organizational plans for several firms.
“We are thrilled that Barry Funt has decided to join our team,” said Frydman, who is also chairman and CEO of United Realty. “His unique combination of financial and legal expertise, combined with over 20 years of Wall Street capital market experience, offers our clients ready-made customized solutions to both complex and simple commercial real estate finance solutions for all parts of the capital stack.”
United Realty Partners was formed in January 2012 to advise on and invests in CRE projects in markets poised to benefit from favorable demographic trends including growing populations and household incomes.
Founders Frydman and Verschleiser have invested in different types of CRE from urban office buildings to suburban retail shopping centers and large apartment projects. They are responsible for over $7 billion in CRE deals.