Derek Weissman

Derek Weissman is a Vice President at Procida Funding and Advisors responsible with overseeing the Asset Management Department. Since joining Procida in 2015, Mr. Weissman has been directly involved in the underwriting, closing and asset management of over $400 million of construction, bridge, and DIP loans. Currently, Mr. Weissman runs the Asset Management division and oversees a portfolio of over $250 million in assets consisting of ground up development, historical renovations, environmental clean ups, and much more. In his capacity as an Asset Manager, Mr. Weissman spends his time on site overseeing all aspects of a project which typically range from the development of the capital stack, predevelopment and construction oversight, marketing strategy and implementation through lease up to stabilization. Since 2015, Mr. Weissman has overseen the development and renovation of over 700 units in and the across the Northeast Corridor in addition to the development of over 1 million square feet of commercial space. Recent Notable projects: The Met Philly- Historical Renovation; Divine Lorraine- Historical Renovation; Gulls Cove II- Ground Up development; Hudson Valley Brewery- renovation and brewery fit out; The Tower at Mural West- predevelopment approvals and zoning variance; RCA Victor Records Building- Environmental remediation and demolition.