Jay Dunn joined Alliance in 2014 as a Director of Acquisitions. Mr. Dunn currently serves as Head of Capital Markets where he focuses on the formation of strategic partnerships and joint ventures, equity capital raising, debt financings and acquisitions.
Prior to joining Alliance, Mr. Dunn was a Director at Hentschel & Company, a boutique real estate investment banking firm based in New York City, where he completed over $26 billion of mergers & acquisitions, advisory and private capital market transactions. Selected transactions include: sole advisor to the Lehman Estate in the $2.9bn purchase of the outstanding equity interests in Archstone and its subsequent $16.3bn sale to Equity Residential and AvalonBay; advisor to the Special Committee of Cole Credit Property Trust II (a $3.7bn private REIT) to Spirit Realty Capital;
advisor to the Special Committee of Cole Corporate Income Trust (a $3.0bn private REIT) to Select Income REIT; and a $200M joint venture and entity recapitalization between a global asset management firm and an industrial real estate fund manager.
Prior to joining Hentschel & Company, Mr. Dunn worked in the Capital Markets division of Jones Lang LaSalle in New York City, where he helped launch the firm’s North American private placement group and completed its first transaction, a $300M capital raise for US Realty Advisors, a New York-based real estate private equity investor, in a joint venture with Harvard Management Company.
Mr. Dunn began his real estate career as an Associate in the real estate investment banking and private equity groups, as part of the MSREF funds, at Morgan Stanley. While at Morgan Stanley, Mr. Dunn completed over $8bn of transactions in a principal, advisory and capital markets capacity where he underwrote public equity, debt and convertible offerings. Notable transactions included: advisor to sovereign wealth fund on the $2.8B acquisition of the General Motors Building in a joint venture with Boston Properties and Goldman Sachs; the $1.2B purchase of 60 Wall Street in a joint venture with Paramount Group; and the $1.5B sale of GMAC Residential Funding to GMAC Commercial.
Mr. Dunn holds a Bachelor of Science in Systems Engineering, with Distinction, from the University of Virginia and a Master in Business Administration from the MIT Sloan School of Management.