Ryan Colbert, Co-Founder, Managing Member

Mr. Colbert is Co-Founder & Managing Member of Inception Investors with primary responsibility for risk management, investment strategy, transaction sourcing, and operations oversight.

Mr. Colbert is responsible for the sourcing, underwriting and execution of Inception Investor’s transactions focusing on new investments in the Tri-state area. Mr. Colbert has over 15 years of institutional real estate equity investment experience in both domestic & international markets and has acquired over $2 billion worth of commercial real estate. His experience includes investments in distressed real estate & note purchases, recapitalizations, JV partner buy-outs and direct secondary investing across all major asset classes.

Mr. Colbert was a Director at Madison Marquette and formerly a Vice President at the Lightstone Group, one of the nation’s largest real estate investment firms. While at Madison Marquette, he closed over $400 million of multifamily, office and retail acquisitions. While at the Lightstone Group, he was responsible for rebuilding the firm’s hospitality portfolio as well as expanding its existing multifamily portfolio, closing over $100 million of acquisitions during his tenure. Prior to joining Lightstone Group, Mr. Colbert was a member of the investment team at Madison International Realty, a real estate private equity firm focused on the acquisition of direct secondary’s and structured equity investments. While at Madison International Realty he was involved in the recapitalization of over $200 million of real estate.

Mr. Colbert completed his dual-undergraduate degree in Political Science & Finance with minors in German Studies & Law at Cornell University.

Cheskel Engel, Co-Founder, Managing Member

Mr. Engel is Co-Founder & Managing Member of Inception Investors with primary responsibility for operational excellence, transaction sourcing, construction and development.

Mr. Engel is responsible for daily operations, transaction sourcing, construction and development of Inception Investor’s transactions in the Tri-state area. Mr. Engel brings 20 year’s investing experience in New York City real estate and is a Brooklyn native.

Mr. Engel has been involved in numerous high-profile re-development and re-positioning projects which have been featured in the Real Deal, Brownstoner, and Crain’s New York Business. Mr. Engel has also completed over $1 billion of transactions in the New York City area including investments in distressed real estate & note purchases, recapitalizations and JV partner buy-outs across all asset classes.

Mr. Engel holds a Bachelor’s Degree from Gateshead Talmudical College in Gateshead, United Kingdom.

David Lubin, Co-Founder, Managing Member

Mr. Lubin is Co-Founder & Managing Member of Inception Investors with primary responsibility for capital formation, investor relations and investment strategy.

Mr. Lubin has closed over 50 transactions valued in excess of $2 billion in his career and has acquired over $600 million in commercial real estate over the past 5 years.

Mr. Lubin has worked at large institutional investment companies such as: MetLife, Allianz, AREA Property Partners (formally Apollo Management) and C-III Capital Partners.  His experience includes investments in core, value-add, opportunistic, distressed real estate, note purchases, development, fund investments, and co-investments across all major asset classes including: multifamily, hospitality, office, industrial, retail, senior living and real estate operating companies.

Mr. Lubin holds a Master’s Degree in Real Estate Development from Columbia University and a Bachelor’s Degree from Cornell University.  Mr. Lubin also has a New York state real estate broker license.


Arvind Bajaj

Mr. Bajaj has over 25 years of senior-level institutional real estate investment experience at numerous well-known “blue chip” firms. He previously held senior positions with Blackstone, Credit Suisse and Morgan Stanley. He was head of Madison Marquette’s NYC office and formerly EVP and Head of Investments at the Lightstone Group (2010-2012). From 2007 to 2010, Mr. Bajaj was a managing principal with Blackstone’s Park Hill Real Estate Group. He served as a Managing Director with Credit Suisse, and head of the Credit Suisse European real estate finance group, and head of Middle East real estate. Prior to joining Credit Suisse, Mr. Bajaj spent 10 years in Morgan Stanley’s commercial real estate group as a senior banker. Mr. Bajaj graduated with both a Master of Business Administration (1987) and Bachelor of Arts (1986) from Vanderbilt University.