Adirondack Capital Partners (ACP) has announced a significant expansion into the vibrant Florida real estate market with the opening of a new office in Miami. This strategic move aims to leverage Florida’s dynamic growth and attract investors, family offices, and developers to premier transactions across the state. Brittany Feinberg has been promoted to Partner and will spearhead these new operations.
Key Takeaways
- Adirondack Capital Partners is expanding its real estate investment platform into Florida.
- A new Miami office will serve as a hub for connecting investors with state-wide opportunities.
- Brittany Feinberg has been promoted to Partner and will lead the new Florida office.
- ACP has already secured its first Florida transaction: a $30 million waterfront development site.
Strategic Florida Expansion
Adirondack Capital Partners views Florida as a major opportunity for its clients and platform, citing its status as one of the nation’s most active and rapidly growing markets. The establishment of the Miami office signifies a new phase of growth for the firm.
Michael Hunter Coghill, Founder and Managing Partner of ACP, expressed confidence in Feinberg’s leadership, stating, "Her leadership, market expertise, and proven ability to deliver for clients make her the clear choice to spearhead our Southeast presence."
Brittany Feinberg Takes the Helm
Brittany Feinberg’s promotion to Partner and her appointment to lead the Florida office underscore her integral role within ACP. Feinberg brings nearly a decade of experience in real estate capital markets, having managed debt and equity transactions exceeding $10 billion across various asset classes. Her previous experience includes a significant role at Eastdil Secured, where she was part of a team that facilitated a $500 million CMBS loan for the Miami Design District.
Feinberg shared her enthusiasm, "There’s a surge of momentum across Florida’s urban and coastal markets, and ACP is ready to deliver the high-touch, high-caliber execution our clients expect."
The new ACP Florida office will be located at 927 Lincoln Road in Miami Beach.
Inaugural Florida Transaction
To mark the commencement of its Florida operations, ACP has a $30 million, 16-acre waterfront development site under contract on Florida’s west coast. This site is fully entitled for a luxury condominium, hotel, and marina project, showcasing ACP’s capability to source and execute high-impact deals in dynamic markets.
Sources
- Adirondack Capital Partners Expands to Florida, Names, GlobeNewswire.