David, CEO and Co-founder of DealPoint Merrill started his Career in real estate development after attending law school. In 1985, Mr. Frank founded The Merrill Companies, a privately held development, asset management, and leasing firm in Southern California. During this time the Company completed 10 retail developments, and managed over 1 million square feet of retail shopping centers.
In 1992, Mr. Frank began to handle bankruptcy matters and business reorganization as a Court Appointed Receiver; worked with the Federal Deposit Insurance Corporation with over 75 public or institutional clients, and appointed to over 400 cases. By working with banks and lending institutions nationwide on their default loan portfolios, Mr. Frank’s expertise had enabled the Company to diversify its management portfolio. Mr. Frank’s background in Real Estate development, law, construction, asset and property management, and as a licensed General Contractor, positioned the Company to become one of the largest Federal and State Court Appointed Receivers in the nation for receivership and property management of distressed portfolios.
In 1997, heco-founded NewMark Merrill Companies, which acquired millions of square feet of retail shopping centers and development projects. The Company was ranked “Top 10 Property and Development Firms” in the LosAngeles area by the LA Business Journal.
Continuing his retail, commercial, and multifamily development program in 2005, The Merrill Group of Companies developed anchor tenant shopping centers in established communities, bringing its hands-on approach to planning and developing commercial and retail projects to their full potential. Nationwide the Company currently manages over 4 million square feet of commercial, retail, and multifamily units. Mr. Frank has been a member of ICSC (International Council of Shopping Centers) since 1985 and continues to support philanthropic organizations.
As the President and Co-founder of the Company, Mr. McGregor is responsible for acquisitions and operations to include formulation of offering structures and products. Mr. McGregor has over 30 years of commercial real estate experience and capital markets experience. Over the past decade, he has acquired and financed 20+ million SF of commercial and multi-family properties with values in excess of $2.5 billion in structured real estate securities transactions.
Mr. McGregor was previously the President and Managing Director for a regional self-storage redeveloper and storage operator of about 4,000 units. Previously, he was a founding shareholder and Chief Operating/Investment Officer of CORE Realty Holdings, a national real estate sponsor, with responsibilities for acquisitions, financing, asset and property management where he acquired $1.2 billion in real estate investments to include redevelopment of over 6,000 multi-family units. Mr. McGregor was also the Chief Operating/Investment Officer for several prominent national real estate sponsors to include a founding shareholder of a national real estate securities sponsor and successor in interest to Grubb and Ellis where he served on the board of directors for several of the company sponsored public REIT’s. Prior to his experience in the real estate securities industry, he was responsible for the management of several institutional quality portfolios with values in excess of$5 billion for Wells FargoBank; and due diligence, financing and acquisitions for Cal Fed Syndications, a $1 billion publicly-traded NYSE-listed REIT.
Mr. McGregor is a licensed California Real Estate Broker and a Certified General Appraiser (inactive) with a Bachelor’s Degree in Business Management and Finance.
Dave Rumsey has over 20 years of experience in real estate law and capital markets. He is responsible for developing offerings, raising equity capital and investor relations.
Prior to joining DealPoint Merrill, Mr. Rumsey was general counsel for a national real estate development company which owned and managed over 35,000 multifamily units in more than a dozen eastern states. In that setting, he developed several different types of debt and equity funds, and he helped syndicate multiple investment real estate offerings with high net-worth families, pension funds and family offices. Prior to that, he was a principal with Clear View Wealth Management which focused on theTenant-in-Common (TIC) industry.
Dave practiced law in the real estate department of Phillips, Lytle, a mid-sized law firm with offices located throughout the Northeast. He received a Bachelor of Science degree from Cornell University and a Juris Doctorate from Syracuse University College of Law where he was a research assistant for Robin PaulMalloy’s casebook, Real Estate Transactions: Problems, Cases and Materials, 1st Ed. (Aspen Casebooks).
Mr. Rumsey has held various securities licenses and is admitted to practice law in the State of New York. He received a gubernatorial appointment in 2010 to the New York Real Estate Board.