Karen Gados

Title
Managing Partner
@
Company
Pikes Peak Capital

Karen Gados is co-founder and Managing Partner at Pikes Peak Capital (PPC), a boutique real estate private equity company that purchases deeply-discounted residential houses from banks and resells them near market value to local investors or families who may not qualify for traditional mortgages by replacing traditional bank mortgages with seller financing. Under her leadership, PPC funds buy and sell over 500 properties/year and have achieved an average of 12% unlevered, trailing 12-month IRR. Prior to Pikes Peak Capital, Karen filled various strategic, communications and business development leadership positions at SunShare, one of the first community solar companies in the nation. She also served as a US Peace Corps volunteer from 2008-2010. Karen is an MBA candidate with the University of Colorado.

Past Speaking Events

  • Special Situations Post COVID-19 -NPL, Real Estate & Other Distressed Opportunities
    hosted by Prime Alpha
    June 24, 2020
    10:30 AM - 11:30 AM
    Panel

About Pikes Peak Capital

Pikes Peak Capital pursues distressed, opportunistic real estate-related investment opportunities across the nation and provides alternative mortgages to income-qualifying families across the U.S. Pikes Peak Capital purchases assets for pennies on the dollar and sells them to 1) qualifying families by replacing the bank through our seller financing, 2) small balance real estate investors via traditional and digital marketing channels. This process empowers low-and-moderate-income families to own their own homes while providing a diversified, opportunistic, asset-backed opportunity to investors. Pikes Peak Capital launched to buy distressed real estate in 2017, at the height of the longest bull market run in recent memory. While our data analytics, algorithms, and underwriting allowed us to cherry-pick undervalued assets during the bull market, we are now able to buy assets at even greater discounts and sell them at premium prices by extending financing to borrowers in a post-COVID environment. Our approach is to build on the ‘bread and butter’ wholesale/owner financing business model that has traditionally generated high returns among small, local real estate investors but to take advantage of operational efficiencies learned from the conventional real estate and mortgage industries that allow us to do it at a larger scale. Our funds are small and highly focused, allowing us to pursue individual acquisitions while offering investors a diversified, passive investment vehicle.