FBR Adds to its Real Estate Equity Research Group

ARLINGTON, Va., June 21, 2016 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced that David S. Corak, CFA, has joined its equity research department’s real estate group as Vice President, Research Analyst. He will be responsible for covering net lease, student housing and self storage firms. Mr. Corak is based in the Company’s Arlington, VA headquarters.

“David’s well-rounded experience in the real estate and financial services sectors will be a terrific asset for our team. His knowledge of REITs, an area of historic strength for FBR, will provide tremendous value to our clients,” said FBR’s Director of Research and Senior Managing Director, David Hilal.

FBR’s Real Estate research practice now encompasses four analysts covering fifty real estate companies, spanning lodging, mortgage, multifamily, student housing, single family, storage, structured finance, and mortgage/title insurers.

Mr. Corak most recently worked at Stifel where he covered multi-family, lodging, self-storage and student housing REITs. His previous experience includes PNC Financial Services where he was a banking analyst. He holds a B.S. from Georgetown University’s McDonough School of Business and is a CFA charter holder.

FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiaries FBR Capital Markets & Co. and MLV & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; industrials; insurance; real estate; and technology, media & telecom. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States. For more information, please visit www.fbr.com.

Contacts Media: Shannon Hawkins at 703.469.1190 or shawkins@fbr.com Investors: Linda E. Eddy at 703.312.9715 or leddy@fbr.com

Source:FBR & Co.