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First Capital
A Sacramento-based real estate investment and finance firm, First Capital acquired United Realty Advisors, the external advisor to United Realty Trust Incorporated, on September 23, 2015.
Immediately prior to its acquisition of United Realty, First Capital and its affiliates entered into an Asset Contribution Agreement with URTI pursuant to which First Capital and affiliated entities contributed 28 assets to the REIT, including 18 hotels, five retail and self-storage properties, various residential and commercial land for development, and contract rights to acquire 13 additional hotels and more than 1,000 multi-family units. The contributed assets exceed $175 million in value. Both transactions closed on September 15, 2015.
About Investment Manager
Founded: 2003
Management Team:
Sponsored Offering(s):
(See tables below)
REITs
First Capital Real Estate Trust Incorporated (formerly United Realty Trust Inc)
BDCs
StHealth Capital Investment Corporation (formerly First Capital Investment Corporation, Freedom Capital Corporation)
Contact Information
First Capital
60 Broad Street
34th Floor
New York, NY 10004-2344
Phone
800-489-4465
Email
info@firstcapitalrealestate.com
Snapshot
AUM*
Not available
Total Equity Raised**
Not available
Number of Liquidity Events***
0
* Total assets for all active alternative investments at most recent quarter end, excluding full-cycle programs.
** During offering periods, including DRIP proceeds, for all offerings.
*** As defined by Blue Vault where total liquidity has been achieved for common stock.
Links
First Capital Announces Strategic Sale
First Capital Real Estate Trust Incorporated Acquires 92% Interest in a $78 Million Development Site
Nontraded REITs
8/15/12
12/21/15
Diversified
Maturing
$27.20M
$63.2M
Not available
6/30/15
None
The company has not filed a 10-Q or 10-K with the SEC since the quarter ending June 30, 2015.
Nontraded BDCs
StHealth Capital Investment Corporation
9/19/15
Continuous
Open
Debt
Diversified
$0.1M
$0.1M
12/31/16
SRP/Tender
The company has not filed a 10-Q or 10-K with the SEC since the quarter ending December 31, 2016
