JCR Capital's management team has over 40 years combined experience in commercial real estate finance. Since 1992, this team has invested in 267 real estate transactions totaling $1.9 billion in assets. JCR Capital prides itself on being a forward thinking company that is able to identify market trends and react accordingly. JCR is an active contributor to the commercial real estate industry and is frequently represented at industry events. JCR routinely provides market commentary and educational opportunities for investors, sponsors and other commercial real estate professionals.
Jay Rollins
Principal
Mr. Rollins is a Principal and founder of JCR Capital. In October 2008, JCR Capital completed a minority sale of the company to the private equity firm, Jacobs Asset Management (JAM). This capital infusion has allowed JCR to accelerate the growth of its real estate debt and equity platform.
JCR Capital is now expanding its platform and infrastructure and is actively lending and investing in distressed and opportunistic real estate transactions. JCR continues to raise additional capital around JAM’s core investment and continues to work with larger capital providers on a “managed account” basis.
Prior to forming JCR, Mr. Rollins was Managing Director of GMAC’s Commercial Mortgage “Structured Products Group.” Mr. Rollins started this group in 1999 and where he managed a $500 million balance sheet position and originated and “made and paid” over $1.3 billion of real estate bridge loans, mezzanine loans, and participating debt. The platform focused on opportunistic real estate transactions, with emphasis on multifamily, retail, office, land and industrial properties.
Prior to GMAC, Mr. Rollins was the President and Founder of Eastern Realty Corporation, an “RTC era” real estate investment company. Eastern Realty purchased over $400 million of distressed assets from the RTC and other distressed financial institutions. Eastern Realty acted as General Partner and resolved, repositioned and sold the distressed notes and REO. These disposition efforts included debt restructuring, bankruptcy, litigation and development, note sales and property sales. Prior to Eastern Realty, Mr. Rollins had a career in real estate lending with regional banks and was Director of Finance for a public home builder.
Mr. Rollins holds an MBA in Finance from George Washington University and an undergraduate degree in Finance and Marketing from Virginia Tech.
He is a frequent speaker and guest lecture on real estate finance at universities and professional symposia and has written numerous articles on the topic of commercial real estate finance.
Mr. Rollins is the author of a commercial real estate seminar series called, “Commercial Real Estate Finance Uncovered: How to Invest, Finance and Broker Commercial Real Estate Transactions.”
Mr. Rollins can be reached at jayrollins@jcrcapital.com, or 303-531-0202.
Maren Steinberg
Principal
Ms. Steinberg’s career has been a steady rise, leading to her current title of Executive Vice President of JCR Capital, LLC. Prior to joining forces with Jay Rollins as a founder and Principal in JCR Capital, Ms. Steinberg was a top contributor to GMAC Commercial Holding Capital Corp. In her capacity as Vice President, Operations, she managed a portfolio of assets of over $1.6 billion, which included highly structured real estate transactions. She was responsible for all asset management functions, loan servicing, and balance sheet functions, and developed underwriting and asset management policies and procedures. She was responsible for all loan restructures and modifications and capital markets execution for syndication of loans. Prior to her role as VP, Operations, she structured and closed in excess of $250 million of high leveraged loans, including developing template and closing first loans made by group on tax exempt defaulted bond transactions
Before her tenure at GMAC, Ms. Steinberg served as Director of Development at Royal Investments Corp. There, she worked in Sweden and England as a liaison between an acquired Swedish real estate management company and an international investor group. Additionally, she was a liaison for an international Board of Directors. She also developed and implemented business plans for a UK based loan servicing platform and individual assets totaling $300 million+.
In the years previous, she earned a promotion from Director of Capital Markets to Associate Director of European Operations at Crown North Corp, Inc. Ms. Steinberg was involved in various aspects of due diligence and analysis for a $640 million real estate acquisition in Sweden. She conducted due diligence, negotiations, and contract closings on a new European transaction, totaling $200 million. She also coordinated contractual activities and financial reporting to the board of directors and shareholders between the CFO of European Operations and the CFO of Crown North Corp, Inc.
As Eastern Realty Corporation’s Chief Financial Officer, Ms. Steinberg managed cash and investments for portfolios totaling over $400 million. She provided reporting to investors and financial contacts, including high-yield opportunity fund partners. She is credited with overseeing due diligence and closings for real estate and related portfolios of $400 million+.
At Providence Savings & Loan, as a Financial Consultant, Ms. Steinberg was instrumental in creating successful bids to acquire over $400 million in real estate and related assets. Her chief responsibilities included asset valuation, due diligence and cash flow analysis.
Ms. Steinberg possesses a Masters Degree in Business Administration from the George Washington University. Fresh after earning this degree, she obtained her first position as Chief Financial Officer for Sargis & Jones, where she managed finances and systems for a $22 million commercial construction company.
Ms. Steinberg can be reached at marensteinberg@jcrcapital.com, or 303-531-0204.
JCR Capital
1225 Seventeenth Street
Suite 1850
Denver, CO 80202
Fax: 303.531.2097
Jay Rollins, Managing Principal
jayrollins@jcrcapital.com
Direct: 303.531.0202
Cell: 303.618.0530
Maren Steinberg, Managing Principal
marensteinberg@jcrcapital.com
Direct: 303.531.0204
Cell: 720.635.7092
For new transaction submissions:
J. Daniel Cho, Managing Director
danielcho@jcrcapital.com
Direct: 303.531.0219
