PortfolioEmail us. Click on each investment portfolio to learn more.
Formerly managed by Bracken Capital, PARE is a portfolio company of BDCA, a public, non-traded BDC, formed to invest in sale-leaseback transactions of office, retail, and industrial properties. This portfolio is in the US.
SageCrest is a hedge fund operating in receivership. Bracken Capital managed specific, real estate related segments of the SageCrest wind-down, including the management of the auction of major real estate assets.
Züblin is a publicly traded property company based in Zurich, Switzerland. Bracken Capital has assumed a strategic advisor role to the Board of Directors for this developer and owner of modern, environmentally sound office properties. Züblin’s portfolio is in Switzerland, France, Germany and the Netherlands.
STAG Industrial, a NYSE traded real estate investment trust, and Bracken Capital formed this joint venture to invest in industrial sale-leaseback transactions. This portfolio is in the US.
Reata Ranch is one of the last and largest developable tracts of land in North Scottsdale, Arizona. Bracken Capital has assumed responsibility for driving the full realization of this investment. a
CN RE Holdings are funds formed to invest in income-oriented real estate, including hotels, industrial properties and student housing. CN RE Fund II and III seek a mid-teen IRR and a 2x cash multiple and intend to hold properties for 5-10 years.
TN was formed as a joint venture between a hedge fund and a major national developer. Bracken Capital assumed responsibility for managing the portfolio of this senior housing development investor in 2008.
REEF I is a fund formed to invest in middle market sale-leaseback transactions and port-city warehouses. Formed in 2006, it generated a 1.8x cash multiple and an 14% IRR when fully realized in 2015.
Financial AdvisoryWe provide corporate, real estate and financial advisory services to companies, entrepreneurs, financial sponsors and institutional investors.
Bracken Capital offers four key services to clients:
- Raise capital and facilitate restructuring for lower to middle market companies
- Problem solving experts in lender negotiations and debt restructuring
- Leverage and maximize real estate workouts and associated servicing via our special servicing platform
- Proven experience raising capital across the balance sheet
We charge a negotiated monthly retainer and success fee based on outcome.
Some of Our Accomplishments
In 2006, Terra Nova entered a joint venture with a national homebuilder to develop senior living communities. We were engaged in 2008 to recover the investment after the project failed to realize its objectives. The full investment was recovered in 2009.
Avoric Real Estate LLC
In 2015, Bracken Capital completed the recapitalization of Avoric Real Estate’s properties in Denver, CO and Philadelphia, PA. The properties are leased to Avoric Holdings LLC, which owns and operates luxury automotive dealerships.
CMAC-Church Mortgage Lender
Formed in 2006, CMAC built a mortgage portfolio for securitization, only to see the market contract in 2007 and 2008. Bracken Capital assumed responsibility for managing the company in 2009 and completed the realization of the assets, with full recovery by the company’s creditors and a partial recovery by the company’s equity holders in 2014.
CleanLight Power + Energy
In 2014, Bracken Capital was retained by CleanLight Power + Energy to raise capital for the development of merchant based utility scale solar facilities in New Jersey and Maryland subject to a Wholesale Market Participation Agreement.
Bracken Capital was retained to manage the auction/realization of certain assets in the SageCrest receivership, including properties in the US and Canada. Working with the US and Canadian bankruptcy courts, multiple creditors and stakeholders Bracken Capital secured the stalking horse bidder, organized and administered a 363 auction of prime real estate in Toronto.
We serve clients from our office locations in Charlotte, NC and New York. Contact us to learn more about Bracken Capital, LLC.
New York Office
Charlotte Office 200 S. Tryon Street, Suite 1700 Charlotte, NC 28202 +1.704.285.6500
New York Office 900 Third Ave, 19th Floor
New York, NY 10022 +1.212.418.9600