Real Estate Finance. Solved.

Joshua Crane

Co-Founder and Principal

Joshua Crane is a co-founder and principal of Spruce Capital. He is responsible for sourcing and executing on all aspects of the business. Previously he was a partner at Irongate where they developed the Trump International Hotel & Tower at Waikiki Beach Walk, a 750,000 square foot condo-hotel that was the highest priced, fastest selling… Read more »

Robert Schwartz

Co-Founder and Principal

Robert Schwarz is co-founder and principal of Spruce Capital, a successful real estate investment and development firm. His responsibilities cover all aspects of the business including acquisitions, financing and management. At S3 Capital he is responsible for management and direction of the firm and is a member of its investment committee. Prior to founding Spruce… Read more »

Shawn Safdie

Managing Director

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 14 years of experience in the real estate credit business, focusing on bridge lending. He has a B.A in… Read more »

Matan Kurman

Vice President

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. Prior to that, he served as a Captain in the Israeli Air Force as an F-16… Read more »

Paul Kovachev

Chief Financial and Compliance Officer

Prior to joining S3, Mr. Kovachev worked as Manager at PricewaterhouseCoopers’ PwC Assurance Asset Management Alternatives department. He concurrently volunteered at, and continues to volunteer at Courtroom Advocates Project (CAP), New York Legal Assistance Group (NYLAG), NY Bankruptcy Assistance Project (NYC BAP) and others. Prior to that, Mr. Kovachev held a Financial Service Legal Externship… Read more »

Olga Lisina

Fund Accountant

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… Read more »

Andrew Yakubovich


Andrew Yakubovich joined S3 Partners in 2015 as an Associate. 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…. Read more »

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… Read more »

Chloe Cheau

Office Manager / Executive Assistant

Chloe Cheau is the Office Manager and Executive Assistant at S3 Capital. Prior to joining the team, she worked as an Executive Assistant, supporting the Owner/Principal, at an International Architectural Fixture Corporation.  She has also worked as a licensed Real Estate Sales Person and at Non-Profit Art Galleries in New York and Chicago. She holds… Read more »

S3 Capital

S3 Capital