David Brickman, former chief executive officer of Freddie Mac and NewPoint Real Estate Capital, has joined D2 Asset Management LP as president of residential real estate.
“David joining D2 is a transformative milestone for the firm,” Ben and Luke Doramus, co-founders and managing partners of D2, said in a statement. “We’re honored to have a leader of David’s exceptional caliber and experience on board to accelerate our ambitions across residential real estate.”
As we reported last year, D2 launched in July as a global investment firm specializing in credit, hybrid, and special situation investments. It began operations with more than $1 billion in assets under management.
D2 said Brickman’s appointment significantly advances its expansion in the residential real estate sector—a key part of the firm’s broader investment strategy. The firm said the strategic hire builds on its $1 billion launch and partnership with Dallas-based Koch Real Estate Investments.
The firm said its residential investment business covers both the multifamily and single-family markets, and will pursue a mix of direct lending, platform investing, and asset-based finance designed to increase access to affordable, quality housing.
Deep expertise in residential real estate investing
D2 said that Brickman brings decades of finance and investment experience across residential real estate.
Most recently, he was founding CEO of NewPoint Real Estate Capital, a real estate finance company focused on the multifamily, residential, and healthcare markets, and one of the fastest growing commercial real estate finance firms in the U.S., from 2021 to 2024.
Before NewPoint, Brickman was CEO of Freddie Mac, one of the nation’s largest providers of mortgage financing, where he spent over 21 years. For most of his tenure there, Brickman served as head of Freddie Mac Multifamily, presiding over a period of remarkable growth and significant product innovation. Most notably, he oversaw creation of the flagship K-Deal securitization program (and related products), which has become one of the top-performing structured finance products in the market with over $600 billion of issuance to-date. Throughout this growth, Brickman also maintained a focus on affordable and workforce housing initiatives.
“I’m incredibly excited to join D2 at this pivotal moment,” Brickman said in a statement. “Our goal is to drive innovation in the multifamily and residential finance markets, serving the changing needs of owners, renters, homeowners, and investors alike. Having spent most of my career in housing finance and capital markets, I look forward to leveraging D2’s strong foundation to develop new products and partnerships. Today’s market environment, with the confluence of various economic, structural and policy factors, presents compelling opportunities and may very well represent a significant inflection point in terms of market evolution.”
A global investment firm, D2 Asset Mangemenet invests across the capital structure in asset-based opportunities. The firm provides structured solutions in private markets and invests opportunistically in liquid markets.
Don’t miss what’s next. Subscribe to Dallas Innovates.
Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.
R E A D N E X T
-
Garrett Colburn, formerly managing principal and co-market leader for SRS' five California offices, will now oversee national growth and office productivity as the new president of Dallas-based SRS Real Estate Partners.
-
In this continuing series on real estate development in Southern Dallas, we introduce you to real estate professionals who are part of Innovan Neighborhood's Community Developers Roundtable. They’re working to bring new life to long-neglected areas of the city. The New Dallas Landscape, Part 6: Get on the bus! Members of the CDR and other stakeholders see how under-represented developers are growing their footprint, with support from the real estate community.
-
With a track record of success on both sides of the pitch, Healy is set to shake up the reality competition show and offer invaluable insights to aspiring entrepreneurs. He'll appear on the show alongside Netflix co-founder Marc Randolph and investor/entrepreneur Kim Perell.
-
In this continuing series on real estate development in Southern Dallas, we introduce you to real estate professionals who are part of Innovan Neighborhood's Community Developers Roundtable. They’re working to bring new life to long-neglected parts of Dallas. The New Dallas Landscape, Part 4: Meet Kwame Ellis and Khalid Shabazz, founders of Titan and Associates.
-
Founded by industry veterans Ben and Luke Doramus, D2 Asset Management said it aims to generate "compelling returns" for its partners across real assets, specialty finance, and structured credit.
