Real Estate Journal — 40 Under 40 — August 24 - September 13, 2018 — 15D
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M id A tlantic
40 U nder 40
Steven “Yitzy” Halon, Eastern Equity Advisors “Career goals are always evolving and I hope that remains, even 10 years from now”
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Lev Shlomo. It does great work that I’ve been both the beneficiary of and have had the ability to witness first- hand. Three things people would be surprised to knowabout me: Having grown up in Brooklyn, N.Y., the fact that I live in Baltimore seems surprising to some people back home, and I encourage those people to come visit! I also single-handedly support Powerade and consider it my primary food group, and will always prefer a crispy chicken sandwich over a steak.
hat is your great- est professional accomplishment?
If you could dine with anyone dead or alive who would you choose? My fiancé’s dad. He passed before I met her. What is your number one career goal for 10 years from now? I’ve learned that career goals are always evolving and basi- cally a moving target. I’d hope that remains, even 10 years from now. What charity or nonprofit do you support most and why? A youth and community cen- ter in my neighborhood called
Steven “Yitzy” Halon VP Equity Placement Years with company/firm: 2 Years in field: 5 Years in real estate industry: 5 Real estate organizations/affiliations: NMHC, ICSC
My first equity raise was $250,000 and it took a while to come together. My last raise was $7 million in under 30 days. I’m hoping my greatest professional accomplishment is still yet to come. What is your most notable project, deal or transac- tion? I arranged a programmatic joint venture that has ac- quired over 1,000 multifamily units together in just one year. How do you contribute to your company and/or the industry? I help CRE sponsors gradu- ate from a friends and family equity syndication model to an institutional JV model by introducing them to single- source equity providers. This enables my clients to buy more properties and invest in larger deals. Who or what has been the strongest influence in your career? Ira Zlotowitz, the president and co-founder of Eastern Union. He opened the door for me to do what I’m doing today and I can't think of anything that I would enjoy doing more. Tell us how and when you began your career in the profession you are in, about your current position and these are a few of my favorite things College: Ner Israel Rabbinical College Book: How To Win Friends and Influence People Movie: Inception Apps: Waze, Notes Team: Ravens
to a friend in the CRE mort- gage business who offered me a job as a broker. That oppor- tunity evolved into my current focus on the equity side of the capital stack.
why you choose the field/ profession you are in today? I started leasing apartments for a local property manage- ment company in Baltimore. My uncle then introduced me
RECOGNIZED AS A MAREJ 40 Under 40 HONOREE Eastern Equity Advisors PROUDLY CONGRATULATES Yitzy Halon
Sport: Netflix Food: Foods that can be delivered Restaurant: Fuego By Mana in Aventura, FL Hobby: Songwriting and Stand-Up Comedy
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