NB Private Capital LLC, a Southern California-based sponsor of private placement offerings, has expanded its sales team with the hiring of three new executives.
David LeVine joins the team as director of capital markets for the Northwest and Central regions, Ken Johnson as director of capital markets for the Southeast region and Brad Davidson as internal sales desk manager.
“2018 has been a resounding success for NB Private Capital and with the addition of David, Ken and Brad, as well as those brought in to strengthen our client services team, our firm is prepared for the next phase of growth,” said Jason Kjellson, managing director of NBPC. “We are strong, committed and proud of our new team members.”
David LeVine formerly worked for the Nelson Brothers, the predecessor to NB Private Capital, since 2016. He has raised or assisted in the acquisition of more than $1.1 billion in private placement investor equity. As a degreed accountant, LeVine has 10 years of experience as a fee-based financial advisor trained in modern portfolio theory.
Ken Johnson’s previous positions in the financial industry included the areas of fixed income portfolio management, performance measurement and attribution, working as a financial risk manager, non-traditional asset manager, due diligence officer for an independent broker-dealer, as well as having national account and wholesaling experience. He is a financial risk manager-certified by the Global Association of Risk Professionals and holds FINRA series 6,7,63,66 and Research Analyst 86 and 87 licenses.
Brad Davidson joins the capital markets division of NB Private Capital, LLC, as internal sales desk manager bringing the expertise of transactional and real estate experience gained over the course of 13 years in commercial real estate banking. In his new role with the company, Davidson will be supporting all sales and marketing efforts for the regional directors and principals within the company. He holds FINRA series 22 and 63 licenses.
NB Private Capital specializes in the acquisition, financing, and ownership of real estate investments in the niche area of student housing. The company currently manages more than $450 million in multifamily real estate.