Mike Offit spent three decades on Wall Street, delaying a career in writing on the advice of his father, after graduating from Brown University. After briefly working in advertising and then trading commodities, Mike attended Columbia Business School, and then quickly became a star trader in First Boston’s pioneering mortgage department. He was recruited and left for two years to build and run what quickly became a top-tier mortgage trading desk for Prudential, then returned to develop and run the hugely successful commercial mortgage and asset backed securities businesses for First Boston. He then became the senior trader in both businesses for Goldman, Sachs, where he also worked closely with the Principal Investment Group. After a serious bout of vertigo and a full year fighting disability, he returned to the business. Finally, he was recruited to start a Commercial Mortgage and Real Estate Group for Deutsche Bank, and quickly equaled or surpassed the long-established efforts of the bulge-bracket firms, building a unit that is still recognized as a leader in the business. A few years ago, Mike suffered a broken neck and spent part of his recovery finally finishing the manuscript, a struggle against pain and medication. His wife, Dara Mitchell, ran the American Paintings department at Sotheby’s, advising some of America’s wealthiest collectors and becoming a major force in the private sale of important pictures, while also building and managing market leading auction sales. She recently retired after 26 years, and is now a consultant and advisor, working with collectors, funds, museums and auction houses internationally.
Mike and Dara live in New York City and Bedford, have two children, four dogs, and a horse. Mike has been a scratch golfer and repeat club champion, and Dara competed successfully as a show jumper.