Adirondack Capital Partners (ACP) has officially expanded its real estate investment platform into Florida, establishing a new office in Miami. This strategic move aims to capitalize on the state’s dynamic and rapidly growing market. Brittany Feinberg has been promoted to Partner and will spearhead the new Miami-based operations.
Key Takeaways
- Adirondack Capital Partners launches Florida expansion with a new Miami office.
- Brittany Feinberg promoted to Partner to lead the new Florida operations.
- The firm has a $30 million waterfront development site under contract as its first Florida transaction.
- The new office is located at 927 Lincoln Road in Miami Beach.
Strategic Expansion into a Thriving Market
Adirondack Capital Partners, a firm specializing in capital markets advisory for real estate acquisitions and dispositions, has identified Florida as a key growth market. The new Miami office will serve as a central hub for connecting investors, family offices, and developers with prime retail, multifamily, and mixed-use opportunities across the state.
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 Florida 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 exceeding $10 billion across various asset classes. Her previous role at Eastdil Secured included facilitating a $500 million CMBS loan for the Miami Design District.
Feinberg commented on her new role, "I’m honored to step into this role as Partner and Head of our Florida office. 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."
Initial Transaction and Future Outlook
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 condo, hotel, and marina project, showcasing ACP’s capability to secure and execute significant deals in active markets. The firm aims to support global private capital and family office clients with its institutional-grade advisory services.
The new Adirondack Capital Partners office is strategically located at 927 Lincoln Road in Miami Beach.
Sources
- Adirondack Capital Partners Expands to Florida, Names, GlobeNewswire.
- Adirondack Capital Partners opens Miami Beach real estate office on Lincoln Road, The Business Journals.