Northstar Commercial Partners
{{notability|1=Companies|date=October 2016}}
{{Infobox company
| name = Northstar Commercial Partners
| logo =
| type = Private company
| industry = Real estate
| foundation = {{Start date |2000}}
| founder = Brian Watson
| defunct =
| fate =
| successor =
| location_city = Denver, Colorado
| location_country = United States
| area_served = United States
| key_people = Brian Watson (CEO)
| products = Real estate investments and development
| services =
| owner =
| num_employees =
| homepage = {{website |http://www.northstarcommercialpartners.com/ }}
}}
Northstar Commercial Partners is an American commercial real estate investment company headquartered in Denver, Colorado. Founded by Brian Watson in 2000, the company acquires distressed commercial real estate or vacant properties and rehabilitates them for lease or use.
History
Watson is a former manager and director at Cushman & Wakefield.{{cite news|title=Moshe Silagi Sells 24-Property Portfolio For $224 Million |url=https://www.wsj.com/articles/moshe-silagi-sells-24-property-portfolio-for-224-million-1444171542 |newspaper= The Wall Street Journal}}{{cite news|title=Investors Take Shine to Charters |url=http://www.brianwatson.us/wsj-education |date=14 October 2015 |newspaper= The Wall Street Journal}} In 2014, Northstar founded the Education Opportunity Fund, a $100 million real estate investment fund for identifying and restoring old retail or education buildings, which are then leased to charter schools.{{cite web|url= http://www.bizjournals.com/denver/blog/real_deals/2014/10/northstar-commercial-launches-100-million.html |title=Northstar Commercial launches $100 million education fund |publisher=Denver Business Journal |date=21 October 2014 }} In addition, Northstar restores and leases other types of properties, such as warehouses, manufacturing centers, commercial offices, retail space, and senior care and medical facilities.{{cite news |title=Charter-School Movement Grows—for Real-Estate Investors |url=https://www.wsj.com/articles/charter-school-movement-growsfor-real-estate-investors-1444750383?alg=y |newspaper=The Wall Street Journal}}{{cite web |url=http://www.law360.com/articles/687006/northstar-commercial-launches-300m-pe-real-estate-fund |title=Northstar Commercial Launches $300M PE Real Estate Fund |work=Law360 |last=Perlman |first= Matthew |date=August 4, 2015}} In 2015, the firm launched Northstar Real Estate Opportunity Fund II, a $300 million private equity fund focused on institutional and private qualified or accredited investors.{{Citation needed|date=January 2020}}
Acquisitions
Northstar's current portfolio includes 42 assets totaling approximately 8 million square feet in 15 states and a potential market value of approximately $1.2 Billion.
See also
References
{{Reflist}}
{{Developments}}
{{Real estate}}
External links
- {{official website|http://www.northstarcommercialpartners.com/}}
- [http://www.brianwatson.us/ Brian Watson website]
Category:Real estate services companies of the United States
Category:Real estate companies established in 2000
Category:Companies based in Colorado
Category:Companies based in Denver