Adirondack Capital Partners (ACP) has announced a significant expansion into the vibrant Florida market with the opening of a new office in Miami. This strategic move aims to leverage Florida’s rapid growth and dynamic real estate landscape. Brittany Feinberg has been promoted to Partner and will spearhead the new Miami-based operations, focusing on connecting investors, family offices, and developers with prime opportunities across the state.
Key Takeaways
- Adirondack Capital Partners expands 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
Florida’s status as one of the nation’s most active and rapidly expanding markets made it a natural choice for ACP’s next phase of growth. The new Miami office will act as a central point for the firm’s activities in the Southeast, facilitating connections for investors, family offices, and developers interested in retail, multifamily, and mixed-use properties throughout Florida.
Michael Hunter Coghill, Founder and Managing Partner of ACP, expressed enthusiasm for the expansion, stating, "Florida represents a major opportunity for our clients and our platform. We’re proud to mark this next phase of growth with Brittany at the helm. 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 Miami office underscore her significant contributions to ACP. Feinberg brings nearly a decade of experience in real estate capital markets, having managed debt and equity transactions valued at over $10 billion across various asset classes. Her expertise spans retail, office, hotels, industrial, and multifamily properties.
Before joining ACP, Feinberg held key positions at Eastdil Secured, a global real estate investment bank. Notably, she served as a Senior Vice President in their debt placement group, where she was instrumental in facilitating a $500 million CMBS loan for the Miami Design District. Feinberg is a graduate of the University of California, Berkeley.
First Florida Deal Under Contract
To mark the commencement of its Florida operations, ACP has its inaugural Florida transaction under contract. This deal involves a $30 million, 16-acre waterfront development site on Florida’s west coast. The site is fully entitled for a luxury condominium, hotel, and marina project, showcasing ACP’s capability to identify and execute high-impact opportunities in dynamic markets.
The new Adirondack Capital Partners office will be located at 927 Lincoln Road in Miami Beach.
Sources
- Adirondack Capital Partners Expands to Florida, Names, GlobeNewswire.