Team
Toby Krasnostein
Managing Director
Toby Krasnostein has over 16 years experience in structured real estate finance and real estate investments.
Post obtaining his Bachelor of Commerce (Strategic Management, Business and Marketing) in 1997 from Monash University in Melbourne, Australia, Toby went on to work at Ashe Morgan Winthrop specialising in debt advisory in the Australian Real Estate Market.
From 2003 – 2011 he ran the real estate arm of his Grandfather Sam Smorgon’s Family Office, the GBM Group. This position covered direct lending, asset restructure, development and core holdings. Further coverage related to credit and treasury both within Australia and Internationally.
In 2011 Toby founded Exencion Real Estate Partners, which specialises in capital provision and joint ventures for Australian based real estate transactions. Exencion provides boutique real estate investment banking services offering bespoke capital solutions, which include sourcing capital locally, throughout Asia-Pacific and the US. Since its inception Exencion has been an industry leader in direct family office transactions and has been instrumental in placing significant institutional capital within the region.
Toby’s thought leadership in structured finance is sought after and relied upon by clients of the firm, his capital partners and the wider credit market.
David Bertram
Chief Operating Officer
David has more than 35 years experience developing residential, retail, commercial & hotel properties including leasing, sales strategies, negotiation of many complex financial, & legal transactions and funding procurement strategies.
David’s considerable commercial experience brings refined analytical and transaction services advice to the company.