Since May 2011 David Newman has been a Senior Managing Director and Investment Banker at Brock Securities LLC, part of Brock’s Capital Markets Group. Prior to joining Brock, Mr. Newman served as the Chief Investment Officer of Empire American Holdings LLC (December 2008 – March 2011) and the Chief Operating Officer and a Director of Empire American Realty Trust, Inc. (June 2009-January 2011). Mr. Newman has 20 years of experience in the real estate industry involving many aspects of real estate investment, capital markets, management and development. Mr. Newman also served on the Investment Program Association REIT Committee and Financial Standards Subcommitee (2009-2011). From April 2004 until December 2008, Mr. Newman was part of the Related Retail development group at The Related Companies, a nationally recognized leader in real estate development, management and ownership in the United States.

From 1992 until 2004, Mr. Newman served as General Counsel to Strategic Development Concepts, Inc., a Westchester based real estate company, where he was responsible for helping manage the company’s legal affairs, business operations and commercial property activities. Mr. Newman commenced his career as an attorney with the corporate practice group of Kramer Levin Naftalis & Frankel and subsequently worked in the corporate practice group of Wachtel & Masyr, with a concentration in corporate and securities law. Since 2004, Mr. Newman has served as President of David B. Newman Consultants, Inc., a New York based corporation.

Since August, 2012 Mr. Newman has served as an independent director of United Realty Trust, Inc.

Mr. Newman earned a Juris Doctorate from the Fordham University School of Law in New York, New York in 1985 and a Bachelor of Business Management degree, cum laude , from Hofstra University in Hempstead, New York in 1982.