David Stein is a Senior Managing Director based in Newmark’s New York City office where he specializes in the origination and structuring of a wide range of debt products for both market rate and affordable multifamily property types. His primary focus includes HUD/FHA, Fannie Mae, Freddie Mac, CMBS, Life Company, Debt Funds, Bridge, and floating rate debt. With more than two decades of finance/lending, deal structuring, underwriting, deal management, and asset management experience, he has placed and structured over $5 billion in capital through varying executions and capital structures.
Previously, Stein spent over nine years at PGIM Real Estate as Executive Director where he led an originations team responsible for originating multifamily and healthcare finance opportunities via Agency and HUD/FHA. He was also instrumental in the formation of PGIM’s affordable housing group and relationships with outside capital providers. Prior to PGIM, he was Senior Vice President at Oppenheimer Multifamily Housing and Healthcare Finance. He also spent time at Deutsche Bank Berkshire Mortgage.
Professional Affiliations
- Urban Land Insitute (ULI)
- National Housing & Rehabilitation Association (NH&RA)
- New York State Association for Affordable Housing (NYSAFAH)
Education
Stein earned a BA degree from Tulane University, New Orleans, LA, 1992.