Jay Roberts is the founder and chief executive officer of City Share Living. Prior to starting the Company, he was an associate in the global real estate investment banking group at Bank of America Merrill Lynch in New York (#1 in 2015 real estate investment banking league tables for M&A, Equity and Debt). At the bank his deal team led the MGM Growth Properties $1.2 billion IPO, the largest real estate IPO of 2016. In May 2016 his team raised $1.4 billion of equity to fund Digital Realty Trust’s $874 million acquisition of Equinix’s European data center portfolio. Mr. Roberts’ team also led Paramount Group’s $2.6 billion IPO, the largest REIT IPO in U.S. history.
In addition, Mr. Roberts executed transactions for Extended Stay America, AvalonBay Communities, Education Realty Trust, CityCenter in Las Vegas and Westfield. While at the investment bank, he also worked closely with Starwood Capital, TPG Global Real Estate, Diamond Resorts, RLJ Lodging Trust and LA Fitness.
Prior to Bank of America Merrill Lynch, he worked as a teaching associate for Training The Street where he taught investment banking analysts at Goldman Sachs, Credit Suisse and Evercore financial modeling, DCF, M&A, LBO and Excel best practices.
Previously Mr. Roberts worked as a multi-family real estate broker for Sperry Van Ness and the Kitty Wallace Team, the number one multi-family broker in California. He also advised multi-family owners on lease-up strategies in Los Angeles.
Mr. Roberts earned his MBA from NYU Stern, where he was awarded the Abraham & Julienne Krasnoff merit-based scholarship. He earned his B.A. in economics from the University of California Santa Barbara.