Regent Partners and TriGate form Property Fund
Regent Partners, one of Atlanta’s leading real estate investment, development and services firms and TriGate Capital, a prominent national real estate investment firm announce the formation of the Regent-TriGate Property Fund I (the “Fund” or “Regent-TriGate”).
The Fund focuses on the recapitalization of real estate assets in Atlanta and the Southeast that require both capital and management expertise. Regent-TriGate is managed by seasoned real estate professionals with proven track records in investing in and managing real estate assets and related debt. The Fund combines capital with a market leading real estate firm that has a track record of more than $1 billion in acquisition and repositioning work.
“We believe that Regent-TriGate will offer management and capital solutions to lenders and owners of large, complicated real estate assets that are in need of recapitalization,” said David Allman, Chairman of Regent Partners. “It is our belief that market participants will be looking to firms that have capital, but also have the ability to add value to real estate through intensive management and redevelopment.”
Regent-TriGate is currently looking for opportunities to combine its operating, marketing and repositioning expertise with financial restructuring to appropriately capitalize and effectively manage real estate assets. Potential transactions might include joint ventures with financial institutions that own or are secured lenders on properties, acquisitions of loans and equity investment in properties that require recapitalization. The Fund will look to combine its capital with third party institutional partners to further augment its capital base for specific opportunities. In particular, Regent-TriGate believes it can add value to large, complicated developments that need new sponsorship in order to complete, stabilize and maximize the value of the assets.
“We believe that Regent’s redevelopment capability, management expertise and knowledge of Southeastern real estate together with TriGate’s investment and financial structuring expertise will provide unique solutions to the real estate challenges that exist today,” said Jay Henry, Managing Member of TriGate Capital.
Peter Fish of Sterling Real Estate Capital helped to arrange the Fund. Sterling is an Atlanta- based real estate private equity advisory firm.
About Regent Partners:
Established in 1988, Regent Partners, LLC is a leading Atlanta-based real estate investment, development and services firm. Since its inception the company has acquired and developed more than 15 million square feet of office, residential, retail and hotel space valued in excess of $2 billion. Regent’s signature project is the 50 story Sovereign building, a vertical mixed use tower on Peachtree Road in the prestigious Buckhead district of Atlanta. Completed in 2008, Sovereign is the tallest building built in Atlanta in the past two decades. For more information about Regent Partners, visit https://www.regentpartners.com.
About TriGate Capital:
TriGate Capital is a Dallas-based real estate investment firm that is focused on investing in real estate properties, real estate secured loans and securities, and real estate companies through transactions that emanate from the need of financial institutions and property owners to restructure. TriGate is focused on investing its capital and its partners’ capital at attractive risk-adjusted returns by using its work-out, restructuring and real estate management skills to add value to its counterparties – lenders and other financial owners of real estate assets. TriGate’s principals have invested in more than $10 billion of real estate assets, and the company has raised its inaugural fund to take advantage of the current lack of capital in the commercial real estate market. For more information about TriGate Capital, visit https://trigatecapital.com.