Founder & President
Mr. Valger founded DVO Real Estate and is responsible for the overall management, operations and investing activities of the firm. Mr. Valger is a seasoned industry veteran with extensive experience in all aspects of real estate investing and finance, including originating, structuring, underwriting and managing real estate and corporate private equity transactions valued at more than $5 billion.
Previously, Mr. Valger was a partner with RCG Longview Debt Funds, a New York-based real estate firm offering structured equity and debt products. At RCG, he specialized in multifamily properties and was responsible for originating, structuring and underwriting a variety of real estate mezzanine and preferred equity investments, including more than 25,000 multifamily units. While there, he developed and led the firm’s exclusive Fannie Mae partnership. Prior to RCG Longview, Mr. Valger founded Genesys Holdings, a start-up technology company and was the head of sales & marketing for a multi-national packaged goods marketing firm called NutriPlus. Mr. Valger is a member of the Board of Directors and a former member of the Executive Committee of the UJA/Federation of New York and a member of the Board of Directors of the JCRC of New York.
Mr. Valger received a B.A. from Binghamton University with a Major in Art History and a Minor in Biology and an M.B.A in Real Estate & Entrepreneurial Management from the Wharton School of the University of Pennsylvania.
Tel: +1 (646) 217-0449
Ryan Shore is responsible for DVO’s acquisitions and dispositions. Mr. Shore has more than 10 years of experience in commercial real estate investing and finance, including originating senior debt and mezzanine loans, debt restructurings and equity investments. Throughout his career, he has originated and managed over $1.5 billion in total capitalization of real estate transactions. Previously, Mr. Shore was an associate with Bank of America where he managed a $500 million loan portfolio of retail, office and residential properties, restructured more than $1 billion in senior syndicated notes related to under-performing assets and originated over $140 million in new loans.
Mr. Shore received a B.A. in Finance from Boston University’s School of Management and an M.S. in Real Estate Development from Columbia University.
Tel: +1 (646) 403-3777
Assistant Vice President, Administration & Investor Relations
Sarah Boehringer oversees DVO’s administration, marketing and investor relations. Prior to joining DVO, Ms. Boehringer worked in the legal field for more than 6 years supporting an array of departments where she managed and served as a primary point of contact for a diverse client portfolio, including multiple Fortune 500 companies, and provided substantial legal and administrative support with regard to federal and state litigation, corporate and commercial real estate transactions, and statutory compliance for corporate clients.
Ms. Boehringer received her B.A. from Georgia State University, and her Paralegal Certificate from Kennesaw State University.
Tel: +1 (917) 410-6986
Chief Financial Officer
Nicholas Nesi serves as DVO’s Acting Chief Financial Officer and is responsible for all of DVO’s accounting activities. Mr. Nesi has more than 25 years of public accounting experience as a tax partner with BDO, USA, serving a broad range of industries including real estate and private equity. As the global lead engagement tax partner for a Fortune 200 client, he was responsible for the global coordination and integration of all tax compliance and consulting services on a world-wide basis.
Mr. Nesi is a published author in The Tax Advisor, The CPA Journal, and The Journal of Multistate Taxation and Incentives. He is a past chairman of the NYSS CPA’s Multi-State Tax Committee, as well as a member of the AICPA’s State and Local Tax Committee. Mr. Nesi received a B.A from New York University, an LLM in Tax from New York University and a J.D. from New England School of Law.
Tel: +1 (212) 381-0523
Oleg Sabel serves as DVO’s outside legal counsel and oversees the legal structuring and closings of DVO’s real estate transactions. Throughout Mr. Sabel’s career, he has represented a wide range of clients, including leading private equity firms, hedge funds, mezzanine funds, REITS and lenders in national commercial real estate acquisitions, dispositions, financings, joint ventures and development transactions. He has extensive experience in structuring complex joint venture agreements, tenant representation, as well as negotiating and conducting legal due diligence in real estate transactions.
Mr. Sabel earned a Bachelor of Arts from Cornell and a J.D. from Brooklyn Law School.
Tel: +1 (212) 905-3633
Vice President, Design & Construction
Lucian Paone is responsible for physical asset due diligence, renovation & maintenance oversight and administration of capital expenditure reserves. Mr. Paone brings more than 25 years of construction, engineering oversight and architectural experience, including owner representation, development and architectural design work on projects ranging from multi-family residential, commercial and hospitality high-rise projects. Mr. Paone’s prior experience includes multifamily physical asset due diligence, tenant improvement and work letter oversight for office and retail assets, development of hotels and administration of capital expenditures for multifamily assets in over 20 States.
Mr. Paone graduated Cum Laude from the Pratt Institute with a Five-year Bachelor of Architecture Degree and is a Registered Architect in New York.
Tel: +1 (212) 391-0902
Associate, Asset Management & Underwriting
Jonathan Liu is responsible for DVO’s asset management function with additional responsibilities in financial underwriting, market research, due diligence, and investor relations. Prior to joining DVO, Mr. Liu was a graduate intern at J.P. Morgan Chase where he supported the firm’s Investment Strategy & Analytics for international and domestic strategic equity acquisitions, real estate developments, and dispositions related to the firm’s $18B+ real asset holdings.
Mr. Liu received a B.A. in Biology from Binghamton University and an M.S. in Finance from Baruch College.
Tel: +1 (646) 930-4412