David Douvadjian Sr. joined Newmark in 2016 as head of the firm’s Boston-based debt group. In this role, he leads a five-person team that primarily executes debt and equity placements throughout New England. Capital sources include local, regional and national banks, life insurance companies, commercial mortgage-backed securities (CMBS) and debt funds with a recent expansion into Fannie Mae and Freddie Mac.
Douvadjian works closely with Newmark’s Boston Capital Markets team, one of the leading investment sales groups in the country with specialties including office, industrial, retail, medical and multi-family assets. He assists in securing financing for acquisition and development transactions overseen by this group in addition to cross-selling its services.
In his 34-year career, Douvadjian has been involved in more than $10 billion worth of transactions spanning the full spectrum of product types, including suburban and Downtown office, industrial, multi-family, hotel and retail assets as well as new developments. Highlights during his tenure at Newmark include: 300 Baker Avenue (suburban office), 1200 Beacon Street (hotel), Dot Block (multi-family development), 75-101 Federal Street (Downtown office/retail) and Rustcraft Corporate Center (suburban office/industrial). With the ability to follow his clients throughout the country, Douvadjian’s client roster includes a variety of well-respected local, regional and national firms.
Douvadjian previously served as the Executive Managing Director of Capital Markets and a member of the executive committee at Colliers. There, he placed several billion dollars of financing and private placement loans for office, industrial, multi-family and retail assets throughout New England, including New Balance’s brand-new build-to-suit world headquarters facility in Brighton, Massachusetts.
- International Council of Shopping Centers (ICSC)
- Mortgage Bankers Association (MBA)
- Real Estate Finance Association (REFA)
- Belmont Country Club
Douvadjian holds a Master of Business Administration degree from McGill University and a Bachelor of Business Administration degree from the University of Massachusetts Amherst.