NEW YORK, NY - MLV & Co. announced that Zachary Tanenbaum has joined the firm's equity research team from FBR Capital Markets. Mr. Tanenbaum will work closely with Ryan Meliker, MLV's Senior REIT Analyst and will spearhead coverage of mortgage and Triple-Net REITs as well as the specialty finance sector.
"Zach's hire shows MLV's commitment to building a top broad-based REIT research platform. Zach Tanenbaum is a highly respected analyst and we are delighted to have him join our firm," said Patrice McNicoll, CEO and founding partner of MLV & Co. "Zach's deep industry knowledge, market insight and strong relationships will augment the skills already present on our REIT research team. In addition, the firm's build-out of sectors such as REITs and MLPs shows our commitment to continue to develop a variety of yield-based products, such as perpetual preferred, for clients."
"I am delighted to have Zach join the team here at MLV," Ryan Meliker, Senior REIT Analyst at MLV, added. "His expertise across the commercial real estate debt markets, as well as his deep understanding of mortgage REITs and specialty finance companies will help us create a differentiated research product. I look forward to announcing additional team members in the coming weeks that will complement the skills and experience of the current team."
Mr. Tanenbaum commented, "I'm thrilled to be joining the exceptional team of professionals at MLV. I believe the firm has a compelling growth profile, driven in particular by its expertise in raising capital efficiently for its clients. I especially look forward to working with Ryan and the rest of the team as we build a full-service Equity and Mortgage REIT research platform from which we can provide a unique and valuable research product."
Prior to joining MLV & Co., Mr. Tanenbaum was a Senior Associate on the Real Estate Equity Research Team at FBR Capital Markets. Mr. Tanenbaum most recently focused on the Mortgage REIT, Structured Finance REIT, and Triple-Net REIT sectors. In his four years with FBR, Mr. Tanenbaum also worked on teams that covered Office, Industrial, Diversified, and Multifamily REITs and Real Estate Operating Companies. He holds a Bachelor of Science from Cornell University and is pursuing a Masters in Real Estate, with a Concentration in Finance and Investment, from New York University.
MLV is a boutique investment bank and institutional broker-dealer focused on providing independent financial advice and unique capital markets expertise to corporate and institutional clients in capital intensive industries such as real estate, energy, metals and mining, life sciences, and technology. With a focus on raising money efficiently for clients, MLV has been the leading Wall Street firm in the At-the-Market (ATM) transaction market for both common and preferred stock in both 2010 and 2011.