Home Alts News Overmoon Hires Industry Veteran as Head of Capital Markets

Overmoon Hires Industry Veteran as Head of Capital Markets

Overmoon Hires Industry Veteran as Head of Capital Markets

Overmoon, a vacation home real estate company, announced the company has hired Jen Ricci as head of retail capital markets.

Ricci has more than 17 years of experience working in various capacities with independent financial advisory firms and family offices, focusing her career on assisting early-stage institutional quality asset managers to build relationships in the retail channel.

In her prior experience, she was instrumental in raising equity capital in excess of $6.5 billion for early-stage real estate sponsors. In her newly formed role, Ricci will be focused on devising and executing capital formation strategies to accelerate Overmoon’s portfolio growth; and partnering with industry leading independent broker-dealers and registered investment advisors.

Prior to joining Overmoon, Ricci was national sales director and head of national accounts at Peachtree Hotel Group where, Overmoon says, she drove the company’s growth from $500 million to more than $2.5 billion of equity under management.  Ricci previously worked as director of national accounts for NexPoint and assisted in the launch of their first non-traded products into the independent broker-dealer channel and helped raise significant capital for the various fund strategies. According to LinkedIn, she also worked with Bluerock Real Estate Holdings as a vice president of national accounts.

“We are incredibly excited to have Jen on the team at Overmoon as we develop partnerships with the best broker-dealers and RIAs in the country,” Joe Fraiman, chief executive officer and founder of Overmoon, said. “With Jen’s experience and deep relationships in the industry, we see an even faster path to reaching our near-term goal of owning 1,000 vacation homes.

Overmoon uses various technology to acquire, reposition and manage single family vacation homes in leisure markets. Initially focused on Florida, the company is expanding across the southeast with expectations to expand to other strategic leisure markets throughout the US by 2025.

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