Steady Capital

About Steady Capital

Steady Capital is a real estate firm. Its co-founders and principals have a legacy of success, with 50+ years of combined real estate experience and a track record of superior risk-adjusted returns through every business cycle. The firm concentrates on adding value to the joint ventures and equity investments in which it takes part. Its experience through several business cycles, together with deep backgrounds in opportunistic execution, value-add repositioning, development and land entitlement, lets it identify fundamental value drivers quickly and clearly. Analysis of real estate fundamentals anchors the investment approach. Factors such as local market conditions, the macroeconomic environment and where the business cycle is heading also play a part, steering the firm toward situations where its capital and skillset create the greatest value and returns benefiting every stakeholder. The firm is currently looking to put new equity to work, serving as Co-General Partner or as an Opportunistic GP sponsor on value-add opportunities, repositioning, real estate development and land use change in select US markets. Investment Criteria Property types: mixed-use, industrial, office, retail and residential. Return targets: deal-level IRR of 20%+ and a minimum MOIC (equity multiple) of 2.0x. Investment types: Co-GP equity and GP sponsor equity. Markets: Virginia, DC, Texas, Florida and the Tri-State Area, with others considered. Deal size (GAV): direct deals of $10 MM - $80 MM; Co-GP up to a $200 MM maximum. Hold period: 3 - 5 years on average.

Real estate mandate

Contacts at Steady Capital