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DAVID SCHARF
CO-CHAIRMAN and CEO
David is a graduate of NYU’s Leonard N. Stern School of Business, and holds an MBA with an Emphasis in Finance. During his formative years, David’s natural business skills were developed as he observed and participated in the Scharf family’s varied business ventures.

Since embarking on his very productive career in 1992, David has gained a wealth of diversified experience. He ably served in a variety of managerial, strategizing, negotiating and investment capacities, both as an associate in real estate investment banking for Credit Suisse First Boston and as a managing partner in the Esplanade Group, the Scharf family’s umbrella company. It was these successes that propelled David to co-found Esplanade Capital in 2004.

David excels at acquisition analysis, negotiations, and building relationships. He is involved in various communal activities, most notably as Chairman of the Board of a local private school with over 1,200 students.

JAY EISENSTADT
CO-CHAIRMAN and PRESIDENT
Jay graduated NYU’s Leonard N. Stern School of Business with honors. He earned his MBA with an Emphasis in Finance and was inducted into the Beta Gamma Sigma Honor Society for outstanding academic performance. Additionally, he earned his BS in Accounting from the Bernard Lander School of Liberal Arts as well and scored in the top 5% in all four sections of the uniform CPA examination.

Jay’s family background and his early experiences being employed there had an important impact on his business proclivity and acumen. Daniel Service Real Estate Investment Corporation is the family’s well-established privately held real estate management/investment company.

He has subsequently held positions in several corporations including The Dreyfus Corporation, where he served as a Financial Analyst focused on the real estate sector in the Investment Management Division.
Jay is focused and detail-oriented, with exceptional organizational skills. He has a remarkable knack for orchestrating projects and seeing them through to completion.

BRYANT BERNHARDT
DIRECTOR of ACQUISITIONS

Bryant is Director of Acquisitions of Esplanade Capital, LLC, where he is responsible for sourcing, analyzing, and structuring real estate transactions.

Over the course of his career in real estate finance and investment, Bryant has advised a variety of industry participants, including prominent financial institutions, owners, operators, developers, and investors, regarding the execution of all types of real estate transactions. In such capacity, Bryant sourced and analyzed transactions, engineered tailored capital solutions designed to increase returns and value, and procured debt and equity financing. Since 2002, Bryant has analyzed billions of dollars of real estate acquisition, investment, and development opportunities and played an integral role in the consummation of over $2.5 billion of transactions.

Bryant also has extensive experience in corporate finance, particularly in the areas of capital market transactions, mergers and acquisitions, and financial operations, having held senior management positions at leading financial services concerns and privately held corporations.

Bryant holds a Bachelor of Science in Mechanical Engineering Technology from Temple University in Philadelphia, PA.

LARRY W. SCHWARTZ
VP of OPERATIONS

Larry serves as regional operations manager for Esplanade’s properties. Larry joined the Esplanade Group in 1995, and has been directly involved in the sale, purchase, construction, and conversion of numerous properties. His many responsibilities also include risk management, securing proper insurance coverage and liability asset protection, and all claim related issues.

Larry graduated summa cum laude from Bryant College in 1987 with a Bachelor of Science in Business Administration with a specialization in Hotel, Restaurant and Institutional Management. During the past twenty years he has overseen all aspects of multiunit management of hotels, assisted living and multifamily residential communities.

JOSEPH KAUFMAN
VP of FINANCE

Joseph oversees financial operations of Esplanade Capital, including budgeting, cost control, profit and loss projections, and analysis.

Joseph graduated with honors from Adelphi University's School of Management and Business in 1998. Employed by the Esplanade Group since 1999 as controller of multiple properties, Joseph has proven to be a valuable asset to the company.

LAURA BAUMGARTNER
ADMINISTRATIVE ASSISTANT

Laura joined Esplanade Capital in 2010 and handles the day to day administrative operations for the company. Laura received a Bachelor of Arts degree in Political Science with a concentration in English from Syracuse University in 2007. Before joining Esplanade Capital, Laura worked for Prudential Douglas Elliman in Manhattan as well as for a successful developer. She excelled in selling high-end residential real estate while overseeing transactions and major developments.

  

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