Ralph N. Cram, CFA CRE
President & Manager

Mr. Cram is President and Manager of Envoy Net Lease Partners LLC, a real estate finance company specializing in single-tenant, net-leased properties. He is responsible for providing strategy, marketing and investment advice on all aspects of net lease property investment in single-tenant retail, industrial, office and medical properties.
 
Mr. Cram has underwritten, acquired or financed $1.5 billion of real estate assets across all product types and geographic markets over his 25+ years in commercial real estate. He co-founded Envoy in 2011 to fill a void in the market: providing equity/gap financing to developers of built-to-suit or redeveloped net lease single tenant properties.

An expert on net lease financing and investment, he has spoken on net lease, construction lending and capital markets panels for virtually every major national and regional industry conference, including ICSC RECON, RealShare, Crittenden, iGlobal, N3, InterFace and Net Lease Summit, and has made presentations to the Singapore and Shanghai CFA societies on investing in the U.S. Net Lease Market.

Prior to Envoy, Mr. Cram led his own real estate advisory firm and earlier served as Vice President of Finance at Bond Companies, a mixed-use retail developer, where he was responsible for more than $120 million of debt and equity financing for various retail and condominium projects.
 
He previously was co-founder and Chief Investment Officer of Theatreplex Entertainment Properties, Inc., a private REIT specializing in acquiring net leased movie theatres, where Mr. Cram oversaw the acquisitions and investment policy. Earlier in his career, he was Director of Acquisitions for Brauvin Real Estate Funds, a net lease syndicator.

In 2009, he was awarded membership into the prestigious Counselor of Real Estate (CRE) Association for his work advising investors regarding investments in alternative real estate strategies. He earned his CFA designation in 1995, and is an active member of the Chartered Financial Analyst (CFA) Society of Chicago and the CFA Institute.

Mr. Cram received a B.S. in Economics from Kalamazoo College and an M.S. in Real Estate Appraisal and Investment Analysis from the Wisconsin School of Business at the University of Wisconsin-Madison. He is a licensed real estate broker in the state of Illinois. 




Mr. Cram is available for industry panels and discussions. A frequent speaker at conferences worldwide, his speaking engagements include the following events:

InterFace Healthcare RE Southeast: Capital Markets Panel
Nashville, November 2017

Crittenden RE Finance Conference: Construction Lending Panel
Miami, October 2017

8th Annual InterFace Net Lease: NNN Development Panel
NYC, October 2017

2nd Annual Net Lease Summit: Capital Markets Panel
Chicago, July 2017

ICSC RECon: Retail Net Lease Financing Panel
Las Vegas, May 2017

RealShare Net Lease Conference: Capital Markets Panel
New York City, April 2017

Crittenden National RE Conference: Construction Lending Panel
Costa Mesa, CA, April 2017

RealShare Net Lease West: Investment & Transaction Outlook
Los Angeles, November 2016

Crittenden Real Estate Finance Conference: Equity & Debt Panel
Miami, September 2016

2nd Annual Net Lease Summit: Net Lease Panel
Chicago, July 2016

Crittenden National RE Conference: Construction Lending Panel
San Diego, April 2016


RealShare Net Lease, New York: Capital Markets Panel
New York City, April 2016

REIA Real Estate Trends Roundtable: Retail Real Estate Panel
Chicago, February 2016
 
Shanghai CFA Society: Investing in Net Lease Real Estate Shanghai, October 2015


Midwest Net Lease Summit: Capital Markets Panel
Chicago, August 2015

IREI Triple Net Investor Strategies: Capital Markets Panel
New York City, June 2015

RealShare Net Lease: Net Lease Construction Lending Panel
New York City, April 2015

ICSC N3 Net Lease: Capital Markets Panel
Dallas, March 2015

CFA Society of Singapore: Featured speaker
Singapore, October 2014

NREI Net Lease Investment Conference: Capital Markets Panel

Chicago, July 2013

Interface Net Lease West: Net Lease Financing Panel
Los Angeles, March 2012