Stephen Cate, a Managing Director and co-manager of the Real Estate and Specialty Finance Group of Lepercq, de Neuflize & Co., Inc., joined the firm in 1996.

Mr. Cate, who has over 35 years of experience in accounting, finance and auditing, began his career as a manager with Deloitte & Touche. During his tenure there, his responsibilities included audits of several Fortune 500 companies as well as special projects relating to mergers and acquisitions.

Following his employment at Deloitte, Mr. Cate served as chief financial and administrative officer of several investment banking firms. Mr. Cate is a nationally recognized expert on tax lien securitization and was instrumental in development of the New York City tax lien securitization program. He also has significant experience in the sale of equity interests in pools of non-performing commercial mortgages.

A graduate of the University of Oklahoma, Mr. Cate is also a Certified Public Accountant. He is a past President of the Financial Division of the Securities Industry Association (SIA) and a former member of the SIA’s Financial Committee.