29th Street Capital Expands to Carolinas; Adam V. Robinson to Source Multifamily Deals

Charlotte, N.C. (July 2020) – Adam V. Robinson has joined 29th Street Capital as Senior Vice President for The Carolinas. Robinson is responsible for all facets of the privately held real estate investment and advisory firm’s activity in the North Carolina and South Carolina markets and will lead all multifamily acquisitions and asset management strategies there.

Robinson has over 13 years of real estate investment, development, asset management and value-add experience across a variety of asset types, including multifamily.

“Adam brings a tremendous amount of experience to 29SC and a strong knowledge of multifamily fundamentals throughout The Carolinas,” said 29th Street Capital Managing Director Robert Bollhoffer. “He has a remarkable entrepreneurial mentality and we look forward to supporting him as we expand into this region.”

Prior to joining 29th Street Capital, Robinson was a project developer with Lat Purser & Associates working on various acquisition and development projects throughout the Carolinas. He was responsible for sourcing new deals, performing due diligence and executing the investment strategy on each asset. Before Lat Purser, he worked in the Tampa Office of Ryan Companies, a large nationwide investor and developer. Robinson previously headed acquisitions and development for Primerica Group One, focusing on multifamily and retail/mixed-use projects.

“I am excited to join the 29th Street Capital team and focus on value-add multifamily acquisitions throughout the Carolinas,” Robinson stated. “The Carolinas, including Charlotte, Raleigh-Durham and Charleston, are three of the best long-term real estate investment markets in the nation.”

In addition to sourcing and completing acquisitions, his responsibilities involve end-to-end oversight of projects including the selecting third-party management, supervising all capital projects and marketing/design plus, eventually, disposition.

Robinson obtained a business degree with a concentration in Finance from the University of Michigan. He has held professional real estate licenses in multiple states throughout his career.

Formed in 2009, 29th Street Capital is a privately held real estate investment and advisory firm that employs a value-added investment strategy in acquiring properties that typically fall below the radar of its institutional peers. Over the past 12 months, 29th Street Capital has also acquired 16 conventional multifamily assets and continues to actively pursue additional opportunities throughout the U.S. 29SC’s conventional multifamily portfolio currently consists of more than 10,700 units having acquired over 18,000 units across its 15 offices in the U.S. Investments typically require approximately $10 million to $100 million of total capital and involve the acquisition or recapitalization of individual real estate assets, portfolios or platforms.

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