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February 12, 2019 Comments Off on Nova Capital Launched with More Than $640M in Pipeline Views: 1968 California News, Los Angeles

Nova Capital Launched with More Than $640M in Pipeline

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Industry veteran Steven Yazdani has opened Nova Capital, a real estate capital advisory firm in Los Angeles. The firm currently has more than $640 million of financing mandates in the pipeline, representing the full spectrum of capital and product types.

“The fact that we already have over half a billion dollars in assignments the first month we are open is the best testament to our real commitment to building relationships with our clients,” Yazdani notes.

Its full range of financing services include debt, equity and structured finance solutions across all major asset classes. Assignments range from a $25 million construction loan for a 110-unit development in Warner Center, to the $100 million recapitalization of a Class A office building in DTLA.

Prior to opening Nova Capital, Yazdani was a founding partner of Lucent Capital. He also previously opened and co-headed the Los Angeles office for the Carlton Group, a New York-based real estate investment banking firm.

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