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News - Press Release


Monday, March 8, 2010

David T. Garvey Joins NRC Realty & Capital Advisors as Senior Vice President; Will Increase Firm's National Presence

NRC Realty & Capital Advisors, LLC named David T. Garvey as Senior Vice President to help direct the firm's increasingly strong national presence. He will be based in the firm's New York office.

NRC Realty & Capital Advisors, LLC is a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sale. The firm provides a full array of real estate and financial advisory services, including: Portfolio Analysis and Optimization; Refinancing, Recapitalization and Sale-Leaseback Financing Options; Workouts and Restructures, Divestiture Strategies; and Merger and Corporate Acquisition Opportunities (sell side and buy side).

Garvey brings vast business development, advisory and investment experience to his new position at NRC. He has closed more than $400 million in transactions and served on deal terms responsible for $3 billion. In 2008, Garvey formed Trowbridge Capital to target distressed and opportunistic real estate investments. Garvey began his career in real estate with GE Capital Real Estate, where he sourced development and acquisition projects requiring equity and debt.

He holds B.A. and M.B.A. degrees from Babson College.

“We're thrilled to have David bring his vast experience to our customers in the growing Northeast real estate markets. That territory offers unique challenges, and David will be of great assistance to our customers there,” says Evan Gladstone, Executive Managing Director, NRC Realty & Capital Advisors.