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Derek Weissman
By Joshua Burd
The Builders Association of Northern New Jersey has appointed Derek Weissman of Procida Funding as its new board president.
Weissman, a partner at the Englewood Cliffs-based private equity fund, becomes the youngest in the association’s history to assume the post. He comes to the role with what BANNJ called a dynamic approach to leadership and a fresh perspective, noting that his expertise and innovative strategies in construction lending have significantly contributed to Procida Funding’s growth and success.
“I am honored to lead the Builders Association of Northern New Jersey and excited about the opportunity to contribute to the growth and success of our industry,” Weissman said. “My goal is to create an inclusive and educational environment that not only supports our current members but also attracts new talent to our field. Together, we will work toward advancing the standards of building in northern New Jersey and beyond.”
The association said that, under his guidance, it’s poised to embark on a new era focused on expanding its membership base and enhancing the education and development of new builders. Weissman’s vision for the BANNJ centers on fostering a supportive community that encourages the exchange of knowledge, best practices and the latest industry trends to ensure its members are well-equipped to meet the challenges of the modern construction landscape, the group said.
Other new appointments to BANNJ are Candy Gordon-Geanoules as the vice president, Kimberly Little as associate vice president and Jackie Giraldo Ferguson as second associate vice president.
As BANNJ noted, Procida Advisors provides due diligence and asset management services to developers, financial institutions and private equity funds with a concentration on development, construction, bankruptcy, restructuring and marketing. The firm’s specific services include development management, construction supervision, restructuring, crisis management, investment banking and asset management and disposition.
Procida Funding names three new partners, ensuring next generation of leadership
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