Team

Joshua
Crane

Co-Founder and Principal

Joshua Crane is co-founder and principal of Spruce and S3 Capital and is responsible for sourcing and executing on all aspects of the business. Prior to founding S3 and Spruce Capital, he was at Irongate, where he developed the Trump International Hotel and Tower at Waikiki Beach Walk. Joshua also worked at Stellar Management, where he was involved in the acquisition of Independence Plaza, a 1,330-unit rental building in New York City’s Tribeca neighborhood and 2,000 units in Washington, D.C. Joshua began his career at Solomon Brothers in its Mergers and Acquisitions group. He graduated from the Wharton School at the University of Pennsylvania.

Robert
Schwartz

Co-Founder and Principal

Robert Schwartz is co-founder and principal of Spruce and S3 Capital, and leads acquisitions, financing and day-to-day management for the firm. Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family’s real estate investment program. Robert began his career as an investment banker at Donaldson, Lufkin & Jenrette and UBS, in their Financial Institution Coverage groups. He is a graduate of the Wharton School at the University of Pennsylvania.

Matan
Kurman

Matan Kurman joined S3 Capital Partners at its inception in July 2014 to manage day-to-day operations and underwriting of loans. Prior to working for S3 Capital Partners, he was an acquisition intern at Brookwood Financial Partners in Beverly, MA. Mr. Kurman previously served as a Captain in the Israeli Air Force as an F-16 fighter pilot. During this time he gained experience planning and executing complex operational missions. In addition, he managed system installation, and supervised schedule and training scenarios for an F-16 Simulator Unit. He earned his undergraduate degree from Ben-Gurion University of the Negev in Beersheba, Israel with a B.A. in political science, and his MBA from Brandeis University in Waltham, MA. He is fluent in English and Hebrew.

Shawn
Safdie

Shawn Safdie is a Managing Director at S3 Capital Partners where he focuses on loan origination, business development, structuring and underwriting. He excels at developing new relationships, maintaining existing ones and executing transactions. Mr. Safdie has more than a decade of experience in the real estate credit business, focusing on bridge lending. He has a B.A in Business Management & Finance from CUNY Brooklyn College.

Steven
Jemal

Steven Jemal joined S3 Capital Partners in October 2016 to originate and underwrite loans for the firm. Prior to working for S3 Capital Partners, he was an originator and acquisitions associate at Hirshmark Capital where he sourced and underwrote debt and equity investments for the firm. Mr. Jemal earned his Bachelor of Science degree from Yeshiva Universities Sy Syms School of Business with a B.S. in Finance and Management.

Andrew
Yakubovich

Andrew Yakubovich joined S3 Partners in 2015 as an Associate. In this role, he is responsible for the underwriting and evaluation of new and existing loans. Prior to joining S3, he spent four years as a Sales Associate at MJJ Brilliant Inc. While still in school, he gained experience through internships in investment banking, private equity, and wealth management at The Sage Group, LLC, Privatus Partners, Flushing Bank, and Merrill Lynch. Mr. Yakubovich is a graduate of Syracuse with a B.A. in Economics.

Catherine
Akers

Catherine Akers joined S3 Capital Partners in 2018 as the Treasurer and Human Resource Manager. In this role, Catherine is responsible for overall cash management, including continuous monitoring of transactions, liquidity planning, and cash forecasting. Prior to joining S3 Capital, Catherine was an Operations Manager at Grove Street Investment. Her prior experience also includes working as an Operations Manager at KKR Financial Services overseeing finances for high net worth partners at KKR and eight years at O’Connor Capital Partners as the Treasury and Human Resources Associate. Catherine graduated from the University of Virginia (B.A.).

Jonathan
Deluty

Jonathan Deluty joined S3 Capital Partners in 2019. Mr. Deluty is responsible for underwriting and evaluating new and existing loans, overseeing the S3 construction portfolio, and assisting in day-to-day operations. He previously worked at Bank of America Merrill Lynch, The Durst Organization, and Hamilton Real Estate Capital. He also served as a paratrooper in the IDF’s 101st Airborne Battalion.

Mr. Deluty earned his B.A. from Columbia College, Columbia University in Economics and Music in 2018.

Tanya
Glibitskiy

Tanya is the Office Manager and Executive Assistant at S3 Capital.

Olga
Lisina

Olga Lisina joined S3 Capital Partners in January 2017 as a Fund Accountant. Prior to joining S3, she worked as a Payroll Manager and Accountant at Branded Restaurants USA. She also worked as a bank teller at Santander Bank. She has her BBA in Finance from Baruch College of CUNY, and Bachelor of Engineering from Ukrainian Academy of Printing. She is fluent in Russian and Ukrainian.

Zachary
Neugut

Zachary Neugut joined S3 Capital Partners in 2017. Mr. Neugut is responsible for underwriting and evaluating new and existing loans, managing S3’s bank relationships, overseeing the S3 construction portfolio, and assisting in day-to-day operations. Mr. Neugut previously interned at Susquehanna International Group, Royal Bank of Canada, Samuel Capital, and Merrill Lynch. He received his B.A. from Columbia College in Financial Economics and Germanic Languages in 2016 and his M.A. in Statistics from Columbia University in 2017.

Alex
Patiev

Alex Patiev joined S3 Capital Partners in February 2019. Mr. Patiev is responsible for underwriting and evaluating new and existing loans, overseeing the S3 construction portfolio, and assisting in day-to-day operations. Prior to working at S3, Mr. Patiev was an acquisition associate at Stonehenge NYC, a NY based, vertically integrated real estate investment and management firm. Mr. Patiev previously served as a Captain in the Israeli Air Force as a Blackhawk pilot. Mr. Patiev earned his undergraduate degree from Ben-Gurion University of the Negev in Beersheba, Israel with a B.S. in Math and Computer Science, and his MBA from Chicago University, Booth School of Business. He is fluent in English, Hebrew and Russian.

Paul
Pozin

Paul Pozin joined S3 Partners in 2017 as Chief Financial Officer and Controller. In his role, Paul is responsible for overseeing fund accounting and financial reporting. Prior to joining S3, Paul worked for Goldman Sachs as a Vice President, where he was responsible for overseeing and managing financial reporting for hedge funds and funds of funds. Prior to Goldman Sachs, Paul worked as a senior manager in the Wealth & Asset Management Audit Practice of Ernst & Young, serving hedge funds and private equity funds. Paul earned his Bachelor of Science degree from New York University, Stern School of Business.

Peter
Rosenberg

Peter Rosenberg is responsible for all aspects of construction and development for both Spruce and S3. He previously was a Managing Director of Development and Construction at Lightstone and a Director of Development at Stellar Management. Peter started his career at Turner Construction and Rockrose Development. He holds an MBA in Finance from New York University’s Stern School of Business, as well as a BS in Mechanical Engineering from the University of Vermont. He is also a licensed Construction Superintendant in New York City.

Jacob
Silvera

Jacob Silvera joined S3 Capital Partners in August 2019 as an Analyst. In this role, he is responsible for underwriting and evaluating new and existing loans, overseeing the S3 construction portfolio, and assisting in day-to-day operations. Mr. Silvera previously worked at a boutique real estate development firm as a financial analyst and Israel Discount Bank of NY in the Commercial Lending division. He received his B.S. in Business Administration with a concentration in Finance from SUNY Binghamton University’s School of Management in 2018 and his MBA from SUNY Binghamton University’s Graduate School of Management in 2019.

Ari
Stein

Ari Stein joined S3 Capital Partners in 2017. He is responsible for managing the S3 construction portfolio and overseeing the construction draw process. Mr. Stein previously worked EMCO Plumbing and has five years of onsite construction management experience. He graduated in 2015 from Queens College Suma Cum Laude with a BA in Political Science and Government.

Alexander
Wrede

Alexander Wrede joined S3 Capital Partners in 2018 as an Analyst. In this role, he is responsible for underwriting and evaluating new and existing loans, overseeing the S3 construction portfolio, and assisting in day-to-day operations. Mr. Wrede previously worked at Dow Jones and nH2. He received his B.S. in Business Administration and Finance from Bucknell University Freeman School of Management in 2018.