Eric Toddy - Resume
Lotus Capital Partners
Associate – Real Estate Investment Banking
New York, NY
May 2020 – Present
• Lotus Capital Partners is a boutique real estate investment bank that provides Debt Placement, Loan Sale, and Restructuring & Workout Advisory services for development projects as well as multifamily, office, retail, and industrial assets worldwide.
• In my current capacity, I am responsible for cash flow modeling (Argus and MS Excel) across a variety of financing scenarios, asset types, and geographies as well as lender and borrower outreach, property level and market research, due diligence material review, and offering material building.
Select Transaction Experience:
• One Thousand Museum (Miami, FL) – Debt Placement (Condo Inventory Loan): $313.0MM (in market): Responsibilities included modeling condo sellout, comparable sales research, building offering memoranda, and gathering and reviewing due diligence materials
• 180 Nassau Street (Brooklyn, NY) – DPO Financing – Multifamily:$46.2MM (in market): Responsibilities included building DCF model, researching comparable properties, building offering memoranda, as well as pitching opportunity to potential lenders
• 100,000 SF Office Building (Soho, NY) – Restructuring: $75.3MM (in market): Responsibilities included modeling three stabilization scenarios, comparable leasing research, and outreach to potential lenders to gauge market sentiment
Meridian Capital Group New York, NY
Analyst – Investment Sales September 2018 – May 2020
• Involved in all aspects of transactions including financial modeling in MS Excel and Argus Enterprise, property level and market research, due diligence, and preparation of marketing materials.
Select Transaction Experience:
• 1760 Third Avenue – 263,000 SF – Student Housing: $212.5 MM (closed): Responsibilities included abstracting leases, researching comparable sales, creating marketing materials, and obtaining and providing due diligence materials to potential buyers
• 62 West 45th Street – 50,000 SF – Office: $37.5 MM (closed): Responsibilities included Argus model for initial Broker Opinion of Value, compiling comparable sales and leasing data, and gathering and analyzing due diligence materials
Select Advisory Experience:
• Office to Apartment Conversion – Los Angeles, CA – 400,000 SF – Valuation: $125.0 MM • Garment District Office Portfolio – New York, NY – 225,000 SF – Valuation: $150.0 MM
Marcus & Millichap
Analyst
White Plains, NY
December 2017 – September 2018
• Performed submarket and property level research and analysis on Westchester County, Connecticut, and Upstate New York commercial properties.
• Aided in creation of Broker Opinions of Value through cash flow modeling as well as research of comparable sales transactions and leasing data.
Lotus Capital Partners
Associate – Real Estate Investment Banking
New York, NY
May 2020 – Present
• Lotus Capital Partners is a boutique real estate investment bank that provides Debt Placement, Loan Sale, and Restructuring & Workout Advisory services for development projects as well as multifamily, office, retail, and industrial assets worldwide.
• In my current capacity, I am responsible for cash flow modeling (Argus and MS Excel) across a variety of financing scenarios, asset types, and geographies as well as lender and borrower outreach, property level and market research, due diligence material review, and offering material building.
Select Transaction Experience:
• One Thousand Museum (Miami, FL) – Debt Placement (Condo Inventory Loan): $313.0MM (in market): Responsibilities included modeling condo sellout, comparable sales research, building offering memoranda, and gathering and reviewing due diligence materials
• 180 Nassau Street (Brooklyn, NY) – DPO Financing – Multifamily:$46.2MM (in market): Responsibilities included building DCF model, researching comparable properties, building offering memoranda, as well as pitching opportunity to potential lenders
• 100,000 SF Office Building (Soho, NY) – Restructuring: $75.3MM (in market): Responsibilities included modeling three stabilization scenarios, comparable leasing research, and outreach to potential lenders to gauge market sentiment
Meridian Capital Group New York, NY
Analyst – Investment Sales September 2018 – May 2020
• Involved in all aspects of transactions including financial modeling in MS Excel and Argus Enterprise, property level and market research, due diligence, and preparation of marketing materials.
Select Transaction Experience:
• 1760 Third Avenue – 263,000 SF – Student Housing: $212.5 MM (closed): Responsibilities included abstracting leases, researching comparable sales, creating marketing materials, and obtaining and providing due diligence materials to potential buyers
• 62 West 45th Street – 50,000 SF – Office: $37.5 MM (closed): Responsibilities included Argus model for initial Broker Opinion of Value, compiling comparable sales and leasing data, and gathering and analyzing due diligence materials
Select Advisory Experience:
• Office to Apartment Conversion – Los Angeles, CA – 400,000 SF – Valuation: $125.0 MM • Garment District Office Portfolio – New York, NY – 225,000 SF – Valuation: $150.0 MM
Marcus & Millichap
Analyst
White Plains, NY
December 2017 – September 2018
• Performed submarket and property level research and analysis on Westchester County, Connecticut, and Upstate New York commercial properties.
• Aided in creation of Broker Opinions of Value through cash flow modeling as well as research of comparable sales transactions and leasing data.