David Placek is the head of our Income Property Division and leader of our New York City office. He has over 10 years of experience in property acquisitions, financing and management spanning multiple product types including: multi-family, retail, office, industrial, redevelopment and mixed-use properties. Prior to joining Shopoff Realty Investments, he was a Director with DRA Advisors, LLC, a multi-billion dollar real estate private equity firm based in New York. During this time, he worked on the acquisition and financing of more than 125 multi-family, office, and retail properties valued in excess of $3.0 billion. Additionally, Mr. Placek established a firm-wide valuation policy, and served as chair of the firm's Valuation Committee from 2009 to 2012.
Prior to his tenure at DRA Advisors, he held various positions with Ernst & Young’s real estate practice working in Irvine, CA; Sydney, Australia; and New York City. While at Ernst & Young, Mr. Placek worked with senior executives researching and authoring various reports in 2006-2007 related to a possible downturn in the economy resulting from the over-valuation of real estate assets.
Mr. Placek is a graduate of the University of Southern California.
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