Lateral is owned and operated by Anand Kapadia and Eli Hattem. Kapadia and Hattem have known each other for over 25 years. Each brings to Lateral over 30 years of institutional experience sourcing, underwriting, structuring and investing in all types of commercial real estate transactions across the U.S. and Canada.
Eli Hattem
Managing Partner vCard
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Mr. Hattem has broad experience in commercial real estate investment and finance that includes over 2,700 transactions totaling more than $30 billion. During the course of his career, he has invested in commercial real estate assets, purchased pools of non-performing debt, managed lending platforms, brokered debt and equity, and negotiated dozens of workouts. He has worked at major financial institutions including Merrill Lynch, DLJ, Chase and CIBC and was one of the founding partners of Park Bridge Financial, a boutique investment and advisory firm. His education includes an MBA from NYU Stern School of Business and a BS in Mechanical Engineering from Columbia University School of Engineering and Applied Science.
Anand Kapadia
Managing Partner vCard
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Mr. Kapadia is a seasoned finance professional with a diverse background that spans over twenty-five years. During his career, he has developed hotels and commercial real estate; been instrumental in creating a unique energy finance platform; and has provided consulting services to numerous principal owners, investors, and financial institutions, and to credit rating agencies. Mr. Kapadia has been an executive with major financial services companies, such as Credit Suisse, Donaldson, Lufkin & Jenrette and Oppenheimer. He has designed and implemented debt, equity and structured finance programs. In addition, Mr. Kapadia is responsible for originating over $10 billion in commercial real estate transactions. Mr. Kapadia holds a Post-Graduate Diploma in Real Estate Development from New York University and a Bachelor’s Degree in Economics and in Finance also from NYU.