29th Street Capital: A Comprehensive Overview
Founded in 2009, 29th Street Capital (29SC) is a privately held real estate investment and advisory firm based in Chicago, Illinois. The firm was established in response to the dislocation in the U.S. real estate and credit markets. 29SC's primary strategy is to acquire non-institutional real estate in markets where the Principals have experience and a proven track record. To date, the company has acquired over $3 billion worth of total assets with local acquisition managers in more than 23 markets across the United States.
The company's headquarters are located at 20 N Wacker Dr, Suite 2050, Chicago, Illinois 60606, US. As a firm specialized in the real estate industry, 29SC aims to leverage its extensive experience and knowledge to make strategic investments and provide valuable advisory services to its clients.
One of the key strengths of 29SC is its "boots on the ground" presence in each target market. This allows the team to source off-market transactions and execute on their value-add investment strategy effectively. The company's personnel bring over 250 years of combined institutional and capital market experience to every relationship, ensuring that clients receive the highest level of expertise and guidance.
29SC is a vertically integrated company, which means that it is able to take a hands-on approach to every aspect of the investment. This level of involvement allows the firm to make informed decisions and optimize its investment strategy to achieve the best possible outcomes for its clients and stakeholders.
The company's primary focus is on value-add multifamily, student housing, and senior living properties that are typically between $10-50 million in total capital. These types of investments are just below the institutional radar, allowing 29SC to capitalize on unique opportunities in the market that may be overlooked by larger, more established firms.
More information about 29th Street Capital can be found on their website, http://www.29thstreetcapital.com. The site offers detailed information about the company's investment strategy, team, and portfolio. It also provides contact information for those interested in learning more about the firm and its offerings.
In conclusion, 29th Street Capital is a dynamic and innovative real estate investment and advisory firm with a proven track record of success. With its unique approach to sourcing off-market transactions and a focus on value-add properties, the company has positioned itself as a leader in the industry. Its vertically integrated structure and extensive experience make it an ideal partner for investors seeking to capitalize on the ever-changing real estate market.