A new real estate capital advisory firm has been launched with a financing mandates pipeline of more than $640m (€528.1m).
Los Angeles-based Nova Capital, launched by Steven Yazdani, provides a full range of financing services, including debt, equity and structured finance solutions across all major asset classes.
Yazdani was a founding partner of Lucent Capital. He also previously opened and co-headed the Los Angeles office for the Carlton Group, a New York-based real estate investment banking firm.
“The fact that we already have over half a billion dollars in assignments the first month we are open is the best testament to our real commitment to building relationships with our clients,” Yazdani said.
“We are relentless advisors and advocates for our clients. Our depth of experience and existing trusted relationships make us uniquely positioned to deliver best in class financing and execution to clients throughout the US and Mexico.”