About Us

VentureCore Capital (VCC) is a boutique advisory firm specializing in raising joint venture equity for real estate acquisitions, developments and recapitalizations. We focus on sponsors and developers with compelling value add opportunities in core real estate markets.  VentureCore Capital bridges the gap between quality projects and the equity needed to bring them to fruition.

We are a solutions oriented team that blends capital structuring with invaluable underwriting insight to position clients and their projects to receive private equity and/or institutional capital.  We also have extensive expertise in deal structuring and solving sponsor challenges such as balance sheet strength, track record and other potential execution hurtles. 

 

 

Team

The core VentureCore Capital team has been working together for over twelve years raising private equity and advising clients with investment strategy. The team was originally assembled in 2003 with a focus on raising private equity for small to mid-size mixed-use infill development projects.

In 2014, the VCC group forged a partnership with the Senior Managing Directors of NGKF Capital Markets, John Carrick and Robert Lindner. Both are seasoned experts in institutional joint venture equity with over 35 years of combined experience in real estate capital markets and transactions totaling over $100 billion.

NGKF Capital Markets is the financial services division of Newmark Grubb Knight Frank (NGKF) which is the third largest commercial real estate advisory firm in the world with a transactional volume of $83.43 Billion in 2015.  The NGKF Capital Markets team has deep capital relationships and an unparalleled track record for raising institutional equity.

This partnership allows VentureCore Capital to effectively blend true institutional capital capacity with a boutique private equity platform.

vcc_logo

What We Do

VentureCore Capital focuses on bringing equity to sponsors and developers that have a track record of success, but have yet to tap the institutional marketplace for capital.  We bring a unique approach to the capital raise process by first arranging the equity portion of the capital stack.  We then follow with debt financing that compliments the equity structure.  This enables a one-stop shop approach for financing deals and to 1) reduce the overall cost of capital and 2) dramatically increase the successful funding of the entire capital stack.

 

  • Underwriting developments, acquisitions and recapitalizations PRIOR to the capital raising process to identify and mitigate potential deal issues.
  • Positioning clients to partner with Private Equity and/or Institutional Capital sources over multiple projects.
  • Optimizing the capital structure of proposed developments and acquisitions reducing financing costs and maximizing terms for clients.
  • Reducing required sponsor capital contributions to increase General Partner equity multiples.

Strategic Partnerships

VentureCore Capital’s extensive experience and relationships enables us to bring additional value to our clients, beyond capital markets. Through our work of raising capital, underwriting deals and collaborating with developers and sponsors; we have a insider perspective with the current capital market place, identifying off-market deals and structuring potential value-add partnerships.

We leverage this for the benefit of our clients with the goal of capitalizing on investment opportunities and facilitating capital to projects within the VentureCore Capital inner circle. Our value proposition includes:

  • Introducing proprietary network of off-market investment opportunities to our key clients.
  • Strategically aligning developers and sponsors with both capital and compatible co-partners.
  • Conducting preliminary underwriting and deal structuring for acquisitions and developments to determine project viability prior to investment.
  • Integrating cost cutting strategies and green development/retrofit technologies (modular, solar power, rain water harvesting, grey water systems, etc.)

Impact Investing

Super charging existing investment strategies with sustainable green expertise creates real estate opportunities well positioned for the future. Properly applied, these strategies reduce risk, costs and time for projects while increasing the profitability of a deal.  

VentureCore Capital works with real estate developers and sponsors to successfully integrate cutting edge sustainable approaches into both ground up construction and existing acquisitions.

Completed / Current Projects

As of the fourth quarter 2015, VentureCore Capital has sourced deals totaling more than $200 million in project costs with an additional $250 million in pipeline deals currently being evaluated for financing.

 

 

San Francisco, CA

$75,000,000 Project Size

Infill Multifamily Development

General Partner Equity

Limited Partner Equity

Construction Financing

 

 

San Francisco, CA

$65,000,000 Project Size

Infill Mixed-Use Development

General Partner Equity

Limited Partner Equity

Construction Financing

 

 

San Francisco, CA

$45,000,000 Project Size

High End Retail Redevelopment

General Partner Equity

Limited Partner Equity

Bridge Financing

 

 

Houston, TX

$35,000,000 Project Size

350 Unit Multifamily Reposition

Bridge Financing 90% LTV

Limited Partner Equity

Permanant Financing

 

 

Atlanta, GA

$40,000,000 Project Size

Independent Living Development

Co-General Partner Equity (underwriting)

Construction Financing TBD 

 

 

 

San Jose, CA

$200,000,000 Project Size

Hi-Rise Multifamily Development

Construction Financing (underwriting)

Permanent Financing TBD 

 

 

Contact Us

VentureCore Capital
2121 Peralta Street, Suite 153
Oakland, CA 94607
Direct : 510.387.8012
info@venturecorecapital.com
www.venturecorecapital.com

venture core capital