News:
Spotlight Content
Posted: May 16, 2023
2023 Ones to Watch Rising Stars: Jake Misisco, Lionheart Strategic Management, LLC
Vice President of Investments
Lionheart Strategic Management, LLC
Number of years at firm: 7
One thing on my bucket list: Visit Egypt – the pyramids and hieroglyphs are fascinating, and I would love to travel and see them myself.
What recent project, transaction or accomplishment are you most proud of? Over the course of my career at Lionheart, I’ve originated and assisted on almost $1.4 billion of loans, which I’m very proud of. Each loan has been unique as they’re in different high-growth markets that we are drawn to for their respective fundamentals and demographics, like Miami, Nashville, Salt Lake City and more. Recently, one I’m particularly proud of was the $229,400,000 loan at 108 Leonard in New York in which we were the mezzanine loan provider. It was an extremely interesting loan to work through especially given the current state of the New York condo market.
What makes this nominee a RISING STAR?
“Jake has been involved with the organization since its early days and can originate complex transactions from across the United States and with some of the largest senior lenders in the market. He’s been an integral part of growing our firm and expanding our originations.” - Sebastian Post, Managing Director & Co-Head of Investments at Lionheart Strategic Management LLC
When I am not working, I am: Traveling. I do my best to explore as many places as I can and am constantly brainstorming new places I haven’t been to!
Tags:
Spotlight Content
MORE FROM Spotlight Content
Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
.png)
Quick Hits
.gif)
.jpg)
Columns and Thought Leadership
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
The strategy of co-op busting in commercial real estate - by Robert Khodadadian
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
.gif)