Mr. Stone has more than 8 years of real estate experience and has performed the underwriting, diligence, financing, and closing of over $1 billion of assets during his career. Mr. Stone has invested in both debt and equity and has experience with all commercial real estate property types and lease structures.
Prior to joining Innovatus Capital Partners, LLC in October 2016, Mr. Stone served as a Director at Cantor Fitzgerald where he helped launch the firm’s investment management business. At Cantor, Mr. Stone was primarily responsible for the creation and analysis of real estate related investment products for syndication through Cantor’s retail distribution network including Rodin Global Property Trust, a publicly registered REIT focused on net leased real estate investments.
From 2013-2015, Mr. Stone was a Director at Perella Weinberg Partners’ Asset Based Value Strategy where he focused on commercial real estate investments. His responsibilities included underwriting, structuring, executing, and managing investments across the capital structure. Mr. Stone helped acquire and asset manage over $650 million and $1.2 billion of commercial real estate investments, respectively for the Asset Based Value Funds. Mr. Stone also served on the Investment Committee for Liberty Island Group (“LIG”), a CMBS loan origination joint venture with the Prudential Mortgage Capital Company. LIG originated and securitized over $2.8 billion of commercial real estate loans.
In 2013, Mr. Stone worked on the investment team at Admiral Capital Group, a real estate private equity firm focused on acquiring and managing value-add commercial real estate properties. From 2012-2013, Mr. Stone served as a consultant to the investment team at Rialto Capital Management, a private equity firm focused on high yield real estate structured debt investments. From 2008-2011, Mr. Stone worked in the Transaction Real Estate group at Ernst & Young.
Mr. Stone received a BS with honors from Arizona State University and a MBA from Columbia Business School where he was an Alexander Bodini Foundation Award winner. Mr. Stone holds Series 7 and 63 licenses.