Position: CEO and co-founder of JCR Capital Investment Corp, founded by Jay in 2006.
What he does: Targets middle-market assets. 300 transactions representing over $2B, with a principal loss ratio at less than 1%. This spring, JCR launched JCR Commercial Real Estate Finance Fund III, which has a $250M equity target.
How he got into the industry: Jay’s father, a real estate entrepreneur, exposed him to the art of the deal from an early age.
Recent project: A five-property multifamily deal in Tampa.
Favorite song: “(I Can’t Get No) Satisfaction” by the Rolling Stones
Favorite vacation: Cabo San Lucas
Favorite book: He's holding it. (It's his self-penned book, Commercial Real Estate Uncovered.)
Favorite food: Sushi.
Startling fact: Jay is an avid speaker on real estate, and he recently completed his first book, mentioned above, a handbook of commercial real estate finance. His goal is for it to become a reference guide and training tool for the real estate finance industry.