TriGate Capital

TriGate Capital, on behalf of TriGate Property Partners III, LP, is excited to announce the sale of Bryant Square in #okc. TriGate acquired Bryant Square in 2018 as part of a larger portfolio where a #reit was disposing of non-strategic assets. TriGate successfully re-tenanted and stabilized the property with 96% occupancy. TriGate would like to thank the team at JLL including Chris Gerard, Erin Lazarus & Barry Brown for their efforts leading the sale, which resulted in a very successful result for TriGate's third fund. Also a big thank to you the JAH Realty team for their management and leasing expertise along with MidFirst Bank (Paul Lienhard) for the partnership along the way. TriGate's current investment vehicles remain focused on #residential, #retail and situations arising from current dislocations in the #capitalmarkets caused by the rapid rise in interest rates. TriGate invests in all major MSAs across the #sunbelt. https://lnkd.in/gBczqqUT

TriGate Capital is excited to announce it recently provided #preferredequity for the acquisition of a #retail portfolio in #texas. This strategic investment aligns with TriGate's commitment to the TriGate Growth and Income Partnership, which focuses on providing #preferredequity and #mezzanine loans on high-quality, cash-flowing properties in major #Sunbelt markets. Thank you very much to Adam Mengacci at Institutional Property Advisors (IPA) for the opportunity. For more information on this transaction and the TriGate Growth and Income Partnership, please reach out to Jason Obenhaus or Tom Andrews. TG&I is currently seeking more opportunities.

Great outcome for the partnership! Congratulations to both Meritage Homes and Suncrest. TriGate Capital continues to actively invest in the #singlefamily #residential sector through investments in operating companies, lot development and for-sale and for-rent housing. If there are opportunities in the sector we can assist with, please reach out to: Southeast: Matt Rooney or Cole Frantz Florida & Phoenix: Chad Redding Texas & Denver: Tom Andrews www.trigatecapital.com

The TriGate Capital and JAH Realty teams recently spent time volunteering at Bonton Farms, a wonderful organization in south #dallas helping redefine a community. Bonton is focused on nutrition, housing stability, career mentorship and education and is making a very important impact to individuals, families and the neighborhood. If you are not familiar with the organization, we encourage you to click the link below to learn more and hopefully find a way to support. https://bontonfarms.org/

TriGate Capital is excited to announce it recently provided a #mezzanine loan as part of the recapitalization of a Class A #apartment complex located in #phoenix, #arizona. This strategic investment aligns with TriGate's commitment to the TriGate Growth and Income Partnership, which focuses on providing #preferredequity and mezzanine loans on high-quality, cash-flowing properties in major #Sunbelt markets. For more information on this transaction and the TriGate Growth and Income Partnership, please reach out to Jason Obenhaus or Chad Redding. TG&I is currently seeking more opportunities.

TriGate Capital is excited to announce the addition of two #multifamily projects to its growing portfolio. TriGate Property Partners IV, LP recently recapitalized Bellrock Summer Street and Bellrock Sawyer Yards in the Lower Heights submarket of #Houston, #Texas. TriGate’s fourth fully discretionary fund invested new capital to assist in the refinancing of the existing acquisition debt to agency execution, providing the partnership with an extended runway to continue to execute its business plan. TriGate is excited to partner with the team at Bellrock Real Estate Partners. TriGate’s current investment vehicles remain focused on #residential, #retail and situations arising from current dislocations in the #capitalmarkets caused by the historically rapid rise in interest rates. TriGate invests in all major MSAs across the #sunbelt. ?

TriGate Capital is pleased to announce the sale of The Crossroads at Taylorsville in the #saltlakecity #utah MSA. TriGate Property Partners II, LP acquired the #shoppingcenter in 2014 from DDR REIT (now SITE Centers) with significant vacancy yet a lot of opportunity. The property is located at the highest trafficked intersection in the state and was well positioned to benefit from both upgrading tenancy and capital upgrades. Since acquisition: ?? TriGate increased occupancy from 70% to 93% ?? TriGate replaced Shopko with Target on a new long-term lease ?? TriGate replaced Sports Authority and Bed Bath & Beyond with three TJX concepts: TJ-Maxx, HomeGoods and Sierra Trading ?? TriGate replaced FYE with EOS Fitness on a new long-term lease ?? TriGate constructed a new Regal movie theater ?? TriGate signed leases with various new shop tenants and restaurants ?? TriGate increased NOI by over 50% There have been may people and companies that have helped along the way. A big thank you to JAH Realty - Jeff Norman, Peter Conran & Jim Martin, NexBank - Wayne Spencer & Rob Delph, Newmark - Amy Fielding, Legend Partners - Joe Mills. Also to Eastdil Secured - Chris Hoffman, Mark A. Damiani, Chase Levra & Izzy Ahn for a great disposition process and buyer Continental Realty Corporation - Josh Dinstein for a seamless transaction.

TriGate Capital is #hiring a new Investment Analyst in Dallas, Texas. Apply today or share with others that may be a fit!

TriGate Capital is excited to announce the #acquisition of The Heights, a 648 bed #studenthousing asset located near Sam Houston State University in Huntsville, #texas. The property was sourced directly from the #lender who recently had #foreclosed, and was acquired via TriGate's fourth fully discretionary fund. The investment is congruent with TriGate's #dislocation strategy of buying or recapitalizing high quality assets with challenged capital structures due to higher #interestrates. TriGate is excited to team up for the first time with CWS Capital Partners, LLC who will be overseeing property operations including #leasing and #management. The #partnership will immediately begin implementing capital upgrades to the property to maintain its position as one of the #topassets in the submarket. The partnership is also excited to work with Great Southern Bank who provided #financing for the acquisition. TriGate's current investment vehicles remain focused on #residential, #retail and situations arising from current dislocations in the #capitalmarkets caused by the historically rapid rise in interest rates. TriGate invests in all major MSAs across the #sunbelt.

Great work by our joint venture development partners Suncrest. Nolen Farm is nearing completion and continues to be a top selling community in the #charlotte msa. TriGate Capital continues to actively invest in the #singlefamily #residential sector through #lotdevelopment and #forsale & #forrent housing.