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Raven Property Advisors Launches Capital Markets Division

Jared Sobel (Photo courtesy of Raven Property Advisors)

Raven Property Advisors has hired Jared Sobel as principal of its newly launched Capital Markets division, bringing on a veteran multifamily finance advisor who has closed more than $5 billion in loans across approximately 1,000 transactions. The move expands the firm’s advisory platform following more than $1 billion in completed New York City investment sales transactions.

The new division will provide debt brokerage services and capital advisory for real estate owners and sponsors throughout the United States, delivering comprehensive financing solutions across the full capital stack. Together with Raven’s investment sales business, the platform enables the firm to advise clients on both transaction execution and capital strategy.

The Capital Markets division of Raven was launched by Ben Daniels and Scott Kummings, who bring extensive buy-side investment, development and capital markets experience to the firm. Daniels and Kummings have built and scaled fund-backed real estate businesses and developed high-end residential projects in New York City, providing Raven’s clients with an ownership-oriented perspective on capital structuring and deal execution. Sobel now joins the leadership team as the platform continues to expand.

“I’m thrilled to expand our capabilities into capital advisory and have Jared join the team,” said Rich Velotta, Founder of Raven Property Advisors. “He’s an incredibly intelligent and talented real estate finance professional, and his addition further underscores our commitment and ability at Raven to provide a complete service for our clients. The capital markets division now allows us to provide a full set of capital markets services.”

Sobel joins Raven after six years as senior managing director at Walker & Dunlop and five years as executive vice president at CBRE.

Raven Property Advisors currently carries approximately $250 million in active investment sales listings and has sold over $1 billion in transactions, while the firm’s capital markets team has already secured more than $100 million in debt mandates since launching at the start of the year.