Adirondack Capital Partners (ACP) has announced a significant expansion into the vibrant Florida market with the establishment of a new office in Miami. This strategic move aims to leverage Florida’s dynamic real estate landscape, connecting investors, family offices, and developers with prime opportunities across the state.
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 transactions.
- Brittany Feinberg has been promoted to Partner and will lead the new Miami office.
- ACP has already secured its first Florida transaction: a $30 million waterfront development site.
Strategic Florida Expansion
The decision to establish a presence in Florida underscores the state’s position as one of the nation’s most active and rapidly growing markets. The new Miami office will act as a central point for ACP’s operations in the Southeast, focusing on retail, multifamily, and mixed-use properties.
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 has been elevated to the position of Partner and will lead the newly formed Miami office. 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 background includes significant work at Eastdil Secured, where she played a key role in facilitating substantial financing deals, including a $500 million CMBS loan for the Miami Design District.
"I’m honored to step into this role as Partner and Head of our Florida office," said Feinberg. "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."
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 prime location is fully entitled for a luxury condominium, hotel, and marina project. This initial deal highlights ACP’s capability to identify and execute significant opportunities in competitive markets, reinforcing its commitment to serving global private capital and family office clients with its institutional-grade advisory services.
The Adirondack Capital Partners Florida office will be located at 927 Lincoln Road in Miami Beach.
Sources
- Adirondack Capital Partners Expands to Florida, Names, GlobeNewswire.