Reich Bros Structured Finance, LLC (Reich Bros Finance) announced the addition of Jeff Malach as a Managing Director and member of the Investment Committee.
Jordan Allen, Principal of Reich Bros Finance, said, "We are excited for Jeff to join the team and to help us build out our real estate finance business. We are seeing many opportunities where borrowers are looking to finance both their machinery and equipment as well as the underlying real estate. With Jeff's addition, we can now offer this additional product. In addition, we will provide bridge financings on commercial and industrial real estate, leveraging Jeff's deep knowledge of the space."
Before joining Reich Bros Finance, Malach was head of Capital Markets at Barnett Capital, a family office located outside of Chicago, where he focused on the capital structuring of all Barnett's business lines. Additionally, Malach developed and ran the commercial real estate bridge lending platform for Barnett. Previously Malach was the Regional Vice President for B2R Finance, a Blackstone Group Company. Earlier in his career, Malach was the initial employee and eventually Senior Business Development Director of Hilco Real Estate Finance, a lender to residential real estate investors. As part of the management team, he helped develop and grow that business to an eventual successful sale of the business to Garrison Investment Group.
Malach added, "I am excited to join Reich Bros Finance to help expand their product offering to borrowers. While competitive, we believe there is a significant opportunity for opportunistic lenders to finance real estate owners and developers in need of short-term capital. In addition, we should be able to offer an attractive offering to Reich Bros Finance's core M&E borrower seeking additional capital."
Reich Bros Finance's affiliated business, Reich Brothers, owns more than 5 million sf of industrial real estate. Adam Reich, Principal at Reich Bros Finance and a co-CEO of Reich Brothers said, "with Jeff, we can expand on our knowledge of and relationships within the commercial and industrial sectors and offer financing options, and at the same time add a real estate component to our core business."