Chad Jones Steps into New Role as Head of Investments, Eastern Region for DivCore Capital.
New York, NY (April 8, 2024) — LoanCore Capital, a commercial real estate lending firm located in Greenwich, CT, and DivcoWest, a vertically integrated real estate investment firm headquartered in San Francisco, CA, are pleased to announce the promotion of Chad Jones to Head of Eastern Region Investments for their unified investment platform, DivCore Capital. Chad, who will be based in DivCore’s New York City office, previously served as Head of East Coast Originations for LoanCore. In his new position, he will play a pivotal role in solidifying New York as one of DivCore’s East Coast hubs further unifying its Real Estate Debt and Equity subsidiaries (LoanCore Capital and DivcoWest, respectively).
“We are thrilled to announce Chad’s promotion to Head of Investments for the Eastern Region. With his vast experience in commercial real estate lending and investments across various property types and markets, as well as his expertise in complex deal structuring, we are confident that he will be instrumental in driving DivCore’s continued success not only in the Eastern Region but also nationally.” said Mark Finerman, CEO of LoanCore and Co-CEO of DivCore Capital. “We look forward to leveraging Chad’s strong leadership skills to drive continued growth for DivCore and to maximize value for our investors.”
About DivCore
Formed in 2012 DivCore Capital, is the unification of DivcoWest, an equity focused investment firm which began operations in 1993 led by Stuart Shiff and LoanCore Capital which focuses on credit investments and was founded in 2008 led by Mark Finerman with a combined AUM of $32.5 billion. Through the unification of these two commercial real estate investment firms, DivCore’s vertically integrated team of over 225 professionals brings over 30 years of real estate investment and capital markets expertise across market conditions and credit cycles and the experience and skills to invest across all asset types and up and down the capital structure. DivCore’s success is driven by longstanding relationships with clients, deep market and industry knowledge, long term presence in key innovation markets, and the ability to provide creative debt and equity real estate solutions in an ever-evolving market.
www.divcore.com
About LoanCore
Founded in 2008 by Mark Finerman, LoanCore Capital, a DivCore Capital company, is a real estate lender and investor with a credit-focused asset management platform and is headquartered in Greenwich, CT, with offices in Palm Beach, Chicago, San Francisco, and Los Angeles. LoanCore is a trusted multidisciplinary holder of subordinate risk through fixed and floating originations, generally levered with fixed rate CMBS, floating rate CLOs and warehouse lines underwritten to be held to term. Since inception, LoanCore has funded in excess of $31 billion across more than 950 transactions.
www.loancore.com
About DivcoWest
Founded in 1993 by Stuart Shiff, DivcoWest, a DivCore Capital company, is a vertically integrated real estate investment firm headquartered in San Francisco, with offices in Austin, Cambridge, Los Angeles, Menlo Park, Washington DC, and New York City. Known for long-standing relationships and experience across the risk-spectrum in innovation markets, DivcoWest combines entrepreneurial spirit with an institutional approach to commercial real estate. DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance health and well-being. Since inception, DivcoWest and its predecessor have acquired approximately 61 million square feet of commercial space – primarily throughout the United States. DivcoWest’s real estate portfolio currently includes existing and development properties in the office, R&D, lab, industrial, retail, and multifamily spaces. www.divcowest.com