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David Raciti
Associate Real Estate Broker
Vice President, RM Friedland
Focus: Financial Analysis
License NY:10301216346
914.775.7322
draciti@rmfriedland.com
Throughout his career, David has been a go-to commercial real estate analyst for top-producing New York City investment sales teams at some of the nation's most respected commercial real estate firms, including Marcus & Millichap, Massey Knakal, and RM Friedland. He has underwritten billions of dollars in commercial real estate across all major asset classes throughout the New York Metro Area and has worked on transactions representing more than $1 billion in aggregate sales volume.
At RM Friedland, David is a licensed Real Estate Broker whose primary focus within the Team Lala structure is underwriting and strategic marketing. He is involved throughout the transaction process, from pitches and listings through due diligence, contract negotiations, and closing. David brings specialized knowledge of the New York City and Hudson Valley markets, including rental rates, operating and utility costs, municipal requirements, property taxation, zoning, and rent regulation. He also designed, built, and currently manages the team’s website and internal web-based database, while overseeing a range of advanced data-processing and analytical functions.
Underwriting
Investment, Development, ROI, IRR, NPV.
CRE Broker
Experience at every level of RE transaction
Technical Proficiencies
MS Excel, Html, CSS...
Other Skills
Visual Basic, JavaScript, MySQL, QuickMacros, Web-Scraping.
Past Performance & Experience
Financial analysis of large multi-family portfolios for the Related Companies, A&E RE Holdings, SG-2, Apollo, and many other institutional and/or family owned companies.
Lead agent and deal originator on multi-building Bronx portfolio as well as a handful of other transactions.
Planning, creation and management of MultiFamilyDirect.com and internal web-based property and owner database.
Data procurement and management of a web-based database of 55,000 properties linked to 67,000 people.
Differentiators
MS Excel Modeling
Technical skills that minimize and/or eliminate time consuming tasks.
About David
Prior to his career in commercial real estate, David worked at Goldman Sachs & Co. in a management role within its Investment Banking Support Services department. He also previously owned and operated a food service and catering business with a storefront in the Bronx. David currently resides in Westchester County, NY, with his wife.
Press
606,610,614 & 622 Saint Nicholas Avenue & 129,133,135,137 & 139 Edgecombe Avenue
The Real Deal: Charatan's BCB Property buys UWS portfolio for $81M
NYREJ: 2886 Briggs Ave, A 31-unit apartment property sold for $4.96 million.
RM Friedland Establishes Investment Sales Division