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Glenfield Capital is an Atlanta-based private equity investment firm focused on acquiring real estate assets directly or through the purchase of loans collateralized by these assets. The scope of our interest is broad and includes residential and commercial real estate assets located in primary and secondary markets throughout the United States.
Since Glenfield Capital was established in 2005, our principals have invested in real estate valued at more than $400 million. Our founders, industry veterans with more than 40 years of combined experience, have provided management and advisory services for real estate transactions totaling nearly $1.5 billion.
We are committed to establishing and fostering long-term relationships with investors and sellers alike.
Unlike many firms in our space, Glenfield Capital has successfully closed several transactions over the last 18 months. Because the firm is well-capitalized and does not need to raise money on a per-transaction basis, we are generally able to meet very specific seller requirements both in terms of timing and transaction structures.
Glenfield Capital History
Glenfield Capital was founded by James P. Cate, a real estate industry veteran with more than 20 years of related experience.
In 2005 James partnered with long-term business associates, Cameron Kennedy and David Caldwell, leveraging their transaction-driven experience for private investor benefit by establishing Glenfield Capital. For the first two years, Glenfield Capital focused primarily on providing preferred equity, mezzanine financing, and short-term loans to an underserved developer market.
In 2007, the partners recognized that a dramatic shift was about to take place in the real estate market. Accordingly, Glenfield Capital revised its investment strategy to address dramatically different market conditions.
Since the economic crisis began, countless opportunities have arisen to provide extraordinary returns for investors. Subprime and adjustable rate mortgage defaults led the housing bubble burst and subsequent foreclosures resulted in precipitously declining home sales and real estate values. Developers were left with millions of dollars in inventory they could not sell and many were forced to abandon completed or partially completed projects. Non-performing loans increased, putting extraordinary pressure on financial institutions. This environment provided well-capitalized firms like Glenfield Capital with an unprecedented opportunity to acquire real estate assets at a significant discount and ultimately sell them at a significant return.
Since mid-2007, the firm has opportunistically acquired more than $34 million in residential and commercial real estate assets. Many of these holdings have been sold at a significant return on investment, despite continued economic weakness.
Glenfield Capital continues to seek out and capitalize on opportunities created by the current economic environment and remains flexible enough to adjust its strategy as conditions continue to change.
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