WOODBRIDGE, N.J. — Onyx Equities, LLC, a leading private real estate investment, development and management firm, today announced that Daniel J. Venn has been named vice president of asset management/investments.
In this role, Venn will be responsible for investment management activities including strategic planning, leasing and capital programming, as well as the day-to-day operations of Onyx’s portfolio.
Prior to joining Onyx, Venn served as an underwriter on the Acquisitions team at Invesco Real Estate, one of the world’s largest managers of private real estate investments and public real estate securities. His responsibilities included performing the underwriting, analysis, due diligence and closing of several transactions with a combined value of $1.4 billion. He also underwrote more than 100 transactions throughout the Northeast Corridor.
“D.J. is a top performer with a tremendous amount of hands-on experience in a variety of commercial real estate disciplines,” said Jared Minatelli, Onyx Equities’ senior vice president of asset management. “His skill set range includes acquisitions, dispositions, asset management, development and client relations, and we feel his broad expertise will greatly benefit Onyx as we continue on our growth path.”
Venn has also served as an associate in the Acquisitions and Asset Managment department of Urdang Capital Management in Philadelphia. He performed the underwriting, analysis, due diligence and closing of multiple transactions with a combined valued of more than $450 million, and underwrote the acquisition of a $1.1 billion high-yield real estate debt fund.
“I am excited to join Onxy Equities at this time and feel my experience is a fine match for the firm, “ Venn said. “I look forward to exploring investment opportunities and working with the team to strengthen and grow the Onyx portfolio.”
Currently enrolled in a Chartered Financial Analyst (CFA) Program, Venn is a Level III CFA candidate. He received a bachelor’s degree in finance from The Pennsylvania State University in University Park, Pa.
About Onyx Equities, LLC
Headquartered in Woodbridge, New Jersey, Onyx Equities, LLC is a leading private real estate investment, management and development firm. Since its founding in 2004, Onyx has acquired more than $1 billion worth of real estate assets across the tri-state region. The company currently owns, manages or is the appointed receiver for 18 million square feet of office, retail, industrial, and self-storage properties located in New Jersey, New York, Connecticut and Pennsylvania. For more information on Onyx Equities, contact the firm at (732) 362-8800, or visit www.onyxequities.com.