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Two Industry Vets Form Mortgage Brokerage Firm

FORT LEE, NJ-Industry veterans David Rosenberg and Abe Katz have formed a new mortgage brokerage firm.

By Maria Wood | Updated on May 08, 2009

FORT LEE, NJ-Industry veterans David Rosenberg and Abe Katz has formed Deerwood Real Estate Capital LLC, a new mortgage brokerage firm. The locally based company will help clients secure debt and equity financing.

Rosenberg spent more than seven years as the head of the capital markets unit at Meridian Capital Group. Prior to that, he worked at Bear Stearns and Deloitte & Touche. Katz was with Meridian for 15 years and led its New Jersey office. Both are managing partners of the new firm.

“We feel that the commercial mortgage brokerage business is changing along with the commercial real estate market,” Katz tells GlobeSt.com. “We see a real opportunity in this environment to open a firm like ours that could serve a very crucial roll to people looking to borrow money and who now–more than ever–need a highly qualified intermediary. While things are generally slow in the market, we do think that the need for people like ourselves is very important.”

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