IVAN Capital Management

David Winton serves as Managing Partner and Chief Investment Officer and leads the firm's investment committee. He founded IVAN in 2016 after heading acquisitions for a New York-based family office, where he focused on structured real estate investments. Day-to-day credit decisions and loan origination sit with Winton and the New York investment team.

IVAN originates senior secured bridge loans, primarily floating-rate first mortgages on transitional properties. The loan book concentrates on multifamily assets undergoing renovation or leasing-up, mixed-use projects, and select light-industrial properties. Typical loan size falls between $5 million and $35 million, with terms of twelve to thirty-six months.

IVAN pivoted its core strategy from equity to senior secured lending after 2020. While the firm historically maintained direct equity positions, its primary deployment since the pandemic has been balance-sheet bridge lending. The firm has not disclosed any active equity-only mandates or equity co-investment programs.

IVAN originates directly through a network of regional commercial mortgage brokers, repeat developer relationships, and off-market referrals from operating partners in New York, South Florida, and California. The firm does not acquire syndicated loan participations or trade mortgage paper in the secondary market.

IVAN operates as an independent asset manager, not a single-family office. However, Winton brought his prior family-office relationships and a proprietary balance-sheet commitment to the new firm, giving IVAN a hybrid capital structure — discretionary external mandates alongside permanent firm capital.

IVAN concentrates on gateway US markets, principally the New York metropolitan area, South Florida, and coastal California. The firm selectively considers loans in Texas and Colorado when the collateral and sponsorship meet its underwriting thresholds.

No. IVAN Capital Management has not publicly disclosed aggregate assets under management, total deployment, or committed capital figures as of mid-2026. The firm does not appear in major industry databases with verified AUM data and has not self-reported numbers to trade publications.