A&E Real Estate Co-Founder, Executive Chairman, and CEO Douglas F. Eisenberg today announced the departure of executives Joseph E. Fingerman and Zachary Bermudez from A&E Real Estate Finance (AEREF).
AEREF, which was formed in 2024 by A&E Real Estate, one of New York City’s largest vertically integrated multifamily owner-operators, is focused on loan financing and preferred equity tied to multifamily and select commercial assets in key urban markets.
Since its inception, AEREF has originated more than $250 million in mortgage loans and is currently pursuing a pipeline of over $750 million in additional loans.
“Zachary and I would like to express our sincere gratitude to Douglas and the partners for providing us with a once-in-a-lifetime opportunity to help build this business from the ground up. I am confident that AEREF will continue to thrive and grow, thanks to the solid foundation we’ve established together,” said Fingerman.
Eisenberg commented, “We wish Joseph and Zachary well in their plans to return to the banking industry. Joseph was instrumental in the successful launch of AEREF. Both he and Zachary are leaving the business in a strong position for continued success.”
AEREF offers customized commercial financing solutions across a broad base of experienced, high-quality real estate investors and operators, including family offices, real estate partnerships and major investment firms. The dedicated AEREF team is comprised of creative, seasoned lenders adept at evaluating individual financing needs.
The platform is currently led by Daniel Allen along with an executive team composed of real estate professionals, each with over 20 years of industry experience. As President & Chief Investment Officer of AEREF, Allen oversees all aspects of the firm across its current New York City and Southern California markets.
Before joining AEREF, Allen was Head of Commercial Real Estate Originations at Valley National Bank, overseeing both originations and portfolio management teams. He also previously led the management, origination, restructuring, valuation, acquisition and disposition of hundreds of commercial real estate transactions nationally for 30 years.
Founded in 2011 by Douglas Eisenberg, John Arrillaga, Jr., and Wendy Eisenberg, A&E Real Estate has grown from a single 49-unit building in Fort Greene to more than 20,000 Bronx, Manhattan, Brooklyn and Queens apartments currently under management. Its extensive multifamily portfolio ranges from 10-unit rentals in Brooklyn to 1,200-apartment communities in Kew Gardens Hills and Harlem’s Riverton Square.
