Two capital market professionals have teamed up to form Way Capital Inc., a strategic advisory firm based in Century City.
Malcolm Davies and Zachary Streit will both be managing partners for the new firm, which they plan to expand nationwide.
Way Capital will provide financing solutions and act as chief financial officers for the companies it works with.
“Way Capital, an acronym for We Are You, will offer white-glove capital advisory services strategically guided by industry veterans who offer a unique blend of entrepreneurial and institutional commercial real estate experience and have been working together for years,” Davies said in a statement. “Collectively, we have arranged over $10 billion worth of financings on projects whose total capitalization exceeds $15 billion. Way Capital was formed to take an investment banking approach to capitalizing commercial real estate ventures.”
Davies has more than 25 years of experience as an advisor and developer. His experience ranges from senior debt to equity to co-GP financing. Prior to starting Way Capital, he was a principal at Century City-based George Smith Partners.
Streit has 15 years of experience with equity, debt and advisory verticals working with large companies such as downtown-based Colony Capital Inc. Streit was most recently a senior vice president at George Smith Partners.
“Way Capital will leverage its 45-plus years of experience, relationships, proprietary technology and what we bill as our ‘deal champion’ strategy, providing the necessary information, resources and support expediently and strategically to our capital partners to successfully capitalize our clients’ projects,” Streit said in a statement. “We are excited to continue offering our unprecedented level of support and resources to our clients and capital partners who consider this structure to be exceptional compared to market norms.”