Bethesda, Md.–Paul DeCain has joined The Bainbridge Cos. as chief investment officer and principal. His responsibilities with the multifamily real estate firm include transaction capitalization, underwriting and execution. He is based in the firm’s Bethesda, Md. office.
DeCain says, “This is an extraordinary time in the multifamily sector given the tremendous growth opportunities in the industry, and joining Bainbridge is a rare opportunity.”
DeCain has over 20 years experience in the real estate capital markets and has structured and executed numerous commercial and multifamily transactions. He was most recently a managing director for Eastdil Secured/Wells Fargo and a predecessor firm, Wachovia Capital Markets, where he was responsible for originating and executing over $1 billion of commingled fund raises, over $1.25 billion of bridge equity investment transactions and over $1 billion of joint ventures and recapitalizations.
Prior to joining Eastdil Secured/Wells Fargo, DeCain was president of DeCain & Co., a boutique real estate advisory firm, where he executed over $850 million of real estate transactions. Before DeCain & Co., he was a senior partner at Arthur Andersen Corporate Finance, where he co-led the firm’s Real Estate Advisory business and advised on over $4.2 billion of real estate transactions. He began his career in the Development Group of LaSalle Partners.