Brett D. Forman |
PALM BEACH, FL– Accomplished commercial real estate lenders Brett Forman and Ben Jacobson have partnered to relaunch Forman Capital, a creative and entrepreneurial direct lender based in Palm Beach County, Florida.
The principals, Forman and Jacobson, have closed $2.6
billion in commercial real estate transactions since 2004 and have a robust
pipeline of new deals with closings beginning in Q1 2023.
Forman Capital provides
short and medium-term construction financing, mezzanine loans, preferred equity and joint venture equity across a
variety of real estate asset classes and geographies.
From 2016 to the end of
2022, Forman was a 50/50 partner in a joint venture with a Canadian asset
manager where his team originated and managed $2.2 billion in commercial real
estate transactions.
“In addition to our
reputation for closing challenging transactions, our borrowers and partners
know we operate with integrity, transparency and reliability,” Forman said.
“These core values are
sacrosanct. As we strategically expand our team, we will focus on growing with
professionals who share the same principles.”
Ben Jacobson |
A Florida native, Jacobson started his commercial real estate finance career at Cohen Financial, a Guggenheim Partners affiliate, where he worked on more than $2.3 billion in real estate transactions.
He linked up with
Forman in 2016, starting as an associate
and earning promotions to Vice President and Managing Director.
Over his six years with
Forman, he originated $1.195 billion in transactions including $350 million
worth of construction loans in 2021 and $213 million in the first four months
of 2022.
CONTACT:
Todd Templin
ttemplin@boardroompr.com