Team

Over 100 years of combined experience in investing in, acquiring, structuring, managing, and disposing of real estate assets.

 

David C. Friedman
Founder

David founded Ella Valley Capital in 2014. He brings over 30 years of experience in global commercial real estate debt and equity investments, including acquisitions, financings, and restructurings. His experience extends across opportunistic, value-add, and core real estate investments in many asset classes, including hotels, office buildings, parking, storage, retail, and residential real estate. Since founding Ella Valley, David has invested on behalf of, asset managed, and counseled numerous family offices, high-net-worth individuals, and multi-generational real estate families with respect to their real estate portfolios.

J. Fostin Cotchen

Fostin joined Ella Valley Capital in 2017, bringing over 15 years of experience in real estate around the world. At Ella Valley, he specializes in asset management, financing, underwriting, structuring, and reporting. Before joining Ella Valley, Fostin worked for Corridor Holdings Corp., a Manhattan-based real estate developer and advisor to several multinational best-in-class developers and investors. Prior to that, he was a Vice President at Walton Asset Management, a real estate investment manager and developer with $4 billion in real estate under management across the U.S. and Canada, where he established three real estate funds totaling more than $380 million in equity capital.

Burt Miller

Burt has over 30 years of experience in the real estate industry, with expertise in new business development, acquisitions, capital markets, and project oversight. Burt began his career as a tenant represenation office leasing broker at Murray Hill Properties in New York City. In 2004, he co-founded KMG Partners, a platform to execute real estate investments and developments, creating condominiums, office, and retail assets and acquiring and executing value-add strategies with multifamily properties in New York, Florida, and Texas.

Jennifer D. Rowland

Jennifer has over 12 years of experience in the commercial real estate industry, with a diverse background in asset management, property management, leasing, acquisitions, and dispositions. Before joining Ella Valley Investments in 2022, Jennifer was Director of Operations for SB Management/Black Equities Group, a real estate investment and operating company based in Beverly Hills, California. Prior to that, Jennifer was a multi-location franchise owner and operator of an IT training company. Jennifer holds a B.A. from the University of Colorado, Boulder, and is a licensed Real Estate Broker within the State of California.

Alan Glick

Alan joined Ella Valley Capital in 2026, bringing over 12 years of experience in real estate investments and development. Alan’s responsibilities include acquisitions, asset management, and portfolio management. Before joining the firm, he served as a Vice President at RXR, a Manhattan-based real estate private equity firm with over $15 billion in assets under management.

Cara Akselrad

Cara joined Ella Valley to lead its philanthropic outreach efforts. With more than a decade of experience in the philanthropy sector, Cara specializes in advising foundations and nonprofits on portfolio strategy, grantee engagement, and overall organizational development. Through her consulting firm, JACRAX, she partners with organizations on strategic planning, grantmaking initiatives, and operational growth.

Jeff Bernstein

Jeff specializes in providing financial services to property owners, high-net-worth individuals, and the construction and development industry. In addition to his work with Ella Valley, he is the Managing Principal of Five Points Management Inc., where he focuses on property management, bookkeeping, cost analysis, financial reporting, and requisition requests to lenders and equity partners. He has previously provided these services to firms such as Morse Diesel International, LWC Inc., Adell Corp, and Ohayon & Desarno Associates, supporting over $750 million in real estate development.

Brian Brown

Brian is a Certified Public Accountant, having earned his CPA designation from New York State in 1983. He began his career at a small Long Island CPA firm before joining Marks Shron & Company, where he specialized in real estate within their Audit and Tax practice and rose to the position of Manager.

Ashley Salk

Ashley is the Executive Assistant to the Founder, playing a key role in day-to-day operations at Ella Valley. Previously, she worked at Prelude Ventures, a climate tech venture capital firm in San Francisco, where she supported a team of investors focused on early-stage climate solutions. Her work there spanned administration, operations, and event planning. Earlier in her career, Ashley was an Office Coordinator at ICONIQ Capital. Ashley holds a B.A. in English from The University of California, Berkeley.

 

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