About G4 Capital Partners

Loan Application

G4 Capital Partner is a real estate opportunity group created to capitalize on perceived inefficiencies in the real estate finance market. G4’s principal focus is on untraditional debt or what is colloquially referred to as "hard money" lending. However, the Fund employs an opportunistic approach and considers ancillary lending and equity opportunities in the real estate market consistent with the Fund's risk adjusted return philosophy.

 

In October 2005, the principals of G4 began reaching out to their contacts in the mortgage banking and brokerage world and began to lend money to borrowers who required an untraditional underwriter. Lenders, both in the conventional and in the hard money space, focus predominantly on rates and borrower credit history. The principals' background in real estate development and operation encouraged a different approach. Investment decisions of the Fund are intended to be guided by asset value and an assessment of whether the collateral could be repositioned in a downside-scenario with a minimum, if any, loss of capital. As deal flow increased, the principals allowed friends and family to participate in deals alongside the group. Encouraged by its early success, the principals decided in October of 2006 to take their investment platform to the next level by launching a fund and a series of afflicted investment platforms.

 

Key aspects of G4 Capital's investment strategy include:

 

About G4 Principals

Louis Silverman

Louis Silverman has been recognized by Crain’s and New York magazine as a visionary for his pioneering investments in Williamsburg, Brooklyn. Mr. Silverman began acquiring tracks of land in Williamsburg in 1998 for use in his family truck leasing company, 4G's Truck Renting Co., Inc. ("4G's Truck Renting"), which he headed with his father. Mr. Silverman had envisioned a higher and better use for the massive waterfront plots that were then trading at paltry sums and began acquiring land for his company's interim use but with the ultimate goal of having the sites rezoned. In 2002, Mr. Silverman partnered with a preeminent New York developer to work with him on his redevelopment design. Later in 2005, UBS Real Estate Investments, Inc. joined the partnership. In 2005, four years after Mr. Silverman acquired a dilapidated 250,000 square foot industrial plot, the property was rezoned to accommodate one million square feet of luxury waterfront residential condominiums and Mr. Silverman sold the majority of his stake in the Williamsburg waterfront project in 2005.

 

In 2005, Mr. Silverman also spearheaded the sale of 4G's Truck Renting to Ryder Truck Leasing in Ryder's first ever acquisition of a privately held truck leasing company in the New York City metro area. During his fourteen years at the company, Mr. Silverman was instrumental in building the family business from 66 trucks to a regional powerhouse with over 500 trucks, representing a significant growth in market share for 4G's Truck Renting.

 

Mr. Silverman was an avid real estate investor even prior to his groundbreaking efforts on the Williamsburg waterfront. While still operating 4G's Truck Rental, he successfully converted a 14-unit condo loft building and a 30-unit condominium ground-up development, both in Williamsburg.

 

In 2005, Mr. Silverman formed G4 Development Group LLC, a real estate investment platform, to leverage his operational and real estate background. G4 Development Group and its affiliates hold a portfolio of retail and residential property throughout the U.S. with a combined value of over 100 million dollars. That same year Mr. Silverman formed G4 Capital Partners LLC, a lending platform, to exploit market inefficiencies and gaps in conventional financing. In November 2006, Mr. Silverman formed G4 Capital Partners I, LP to expand on G4 Capital's early successes.

 

Mr. Silverman graduated from Boston University in 1989 with a degree in marketing and management.

 

Robyn Sorid

Robyn Sorid was an associate at the law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP from 1998 until 2006 where she was a commercial litigator and later a member of the firm's real estate transactional practice. From 2002-2004, Ms. Sorid served as the Secretary to the New York State Bar Association Committee on Intellectual Property.

 

As a litigator, Ms. Sorid represented Fortune 500 companies, investment banks and real estate developers in aspects of dispute resolution. After a lengthy representation of a significant New York real estate investor, her interest in the industry was cemented and she decided to focus her practice on real estate, moving to the firm's transactional group. As a real estate lawyer, Ms. Sorid counseled investors on all aspects of commercial real estate investments. At Paul Weiss, she represented developers and lenders in acquisitions, joint ventures, and financings, worked on repositioning fund portfolios and drafted and negotiated various commercial leases and subleases for both landlords and tenants of major office facilities.

 

In 2004, Ms. Sorid represented Levine Builders, Louis Silverman's joint venture partner in the Williamsburg waterfront development project, in the sale of a portion of its interest to UBS. It was on this transaction that Ms. Sorid met Mr. Silverman. Sharing the same philosophy regarding real estate investment and impressed by Mr. Silverman's opportunistic business mindset, Ms. Sorid left Paul Weiss in January of 2006 to join G4 Capital.

 

Ms. Sorid is involved in all aspects of the Fund's management and business origination. Ms. Sorid also acts as General Counsel for the Fund and oversees all Fund representation.

 

Ms. Sorid graduated magna cum laude from Duke University in 1995, where she was elected to Phi Beta Kappa, and received her law degree from Harvard Law School in 1998. Ms. Sorid continued her post juris doctorate education at New York University's Real Estate Institute.

 

Jason Behfarin

Jason Behfarin has been with G4 Development Group and G4 Capital since their inception in 2005. Prior to joining G4 Development Group and G4 Capital, he was an associate at Newmark Knight Frank in the Capital Group, where his principal responsibilities were centered on investment sales, 1031 exchanges and property financing.

 

While at Newmark, Mr. Behfarin represented Wachovia on the purchase of 16 properties leased by Walgreen Co. in eight states for a total value of $85 Million. Prior to Newmark, Mr. Behfarin worked for The Lansco Corporation, where he provided expansion and relocation solutions to commercial tenants, successfully completing in excess of $40 Million of commercial transactions including a 40,000 square foot retail lease in Soho, New York.

 

On behalf of G4 Development Group, Mr. Behfarin managed developments of luxury condominium projects in Williamsburg, Brooklyn. Mr. Behfarin is involved in all capacities of the Fund's management & operations and has leveraged his significant contacts in the real estate brokerage and mortgage banking community to cultivate the Fund's lending platform. Mr. Behfarin's real estate & development experience has been an asset to the Fund's underwriting team.

 

While working at Lansco, Mr. Behfarin earned his J.D. from Cardozo School of Law in 2004. Mr. Behfarin graduated from Emory University in 2001 where he concentrated in consulting and venture management, earning a Bachelor of Business Degree.

 

Joseph Baldino

Joe Baldino joined 4G's Truck Renting in 1997 as controller for the rapidly growing truck leasing company. At 4G's Truck Renting, Mr. Baldino ran the accounting and billing departments for the company and played an active role in management decision making and policy. Mr. Baldino was instrumental in garnering market share for the company amongst formidable competition in the New York City leasing industry and was involved in all aspects of the sale of 4G's Trucking to Ryder Trucking.

 

Mr. Baldino has been with G4 Development Group and G4 Capital since their inception. In his role at G4 Development Group, Mr. Baldino oversees the management of the more than one million square feet comprising Mr. Silverman's real estate portfolio. Mr. Baldino is responsible for managing the accounting and servicing of all loans held by the Fund.

 

Mr. Baldino earned his B.S. degree majoring in accounting from SUNY Old Westbury in 1993.

 

Ron Aghassi

Ron Aghassi is a licensed Certified Public Accountant in New York State having worked in both public accounting and in private industry for the past 22 years. Mr. Aghassi has an extremely diversified background working in both the auditing and tax departments of various small to medium sized public accounting firms managing client accounts as well as serving as Retail Controller and Chief Financial Officer for two medium sized mortgage brokerage and banking entities.

 

While in public accounting, Mr. Aghassi managed teams of staff accountants assigned to various audit functions. He worked closely with the financial technical staff of the firms to prepare financial statements as well as their tax departments to prepare the corporate and individual tax returns of the clients he managed.

 

As Retail Controller and Chief Financial Officer in the mortgage brokerage and banking industry, his responsibilities included day to day management of the financial operations of the entities he worked for while ensuring the integrity of all reporting in compliance with GAAP standards.

 

Most recently, Mr. Aghassi was employed as Chief Financial Officer of a credit card factoring company that provided alternative financing product lines, through electronic holds on credit card sales, to various retail merchants, primarily restaurateurs. He supervised the accounting and cash management staff in the day to day activity of the company’s warehouse line of credit, through a major hedge fund, managing its receivables portfolio and preparing financing statements in accordance with its debt financing agreement. Additionally, he spearheaded the development of all internal financial reporting that aided and in the business decisions-making process while preparing projections, budgets and cash flow statements for executive management and investors.

 

Mr Aghassi is a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants, holds Series 6 & 63 licenses, is a New York State Licensed Life, Health and Annuity Insurance broker and has his certification as a financial advisor with a major banking and investment company.

 

Mr. Aghassi earned a Bachelor of Arts in Accounting at Queens College of the University of New York in 1988.