Tysons, VA, March 29, 2023 – SteeleHarbour Capital Partners is pleased to report several recent key strategic initiatives that position its platform for growth alongside its growing investment portfolio.
SteeleHarbour opened two new strategically located offices to house its growing team. Recently the firm opened a new office in Sarasota, FL, which is led by Christopher McGrew, Co-Founder and Chief Executive Officer. Additionally, in late 2022 the firm opened a new office in New York City, which is led by Robert Franco, Chief Financial Officer, and Christi Wagenaar, Executive Managing Director. The Sarasota office establishes a regional presence within and in close proximity to many of SteeleHarbour’s key target markets, while the New York City office places the firm in a key global financial center with immediate access to current and potential investors, financial partners and a diverse pool of resources.
Over the past year SteeleHarbour has also significantly expanded its team, adding six new members to key investment, finance, accounting and administrative roles to support its leadership team in the execution of its investment and corporate strategy. The firm anticipates continued growth of the team throughout 2023 and 2024, commensurate with its investment and capital raising activities.
Since its founding in late 2018, SteeleHarbour has successfully closed 16 real estate investments in 8 states and Washington, D.C., accounting for total assets under management of approximately $1.0 billion. The investments were made through the firm’s two discretionary fund vehicles, SteeleHarbour Strategic Opportunities Fund I LP and SteeleHarbour Strategic Opportunities Fund II-A LP.
“Our expanded footprint and enhanced team are important milestones in our growth trajectory that strongly positions the SteeleHarbour platform for continued growth and success,” said Christopher McGrew, Founding Partner and Chief Executive Officer. “We’ve assembled an experienced team of talented professionals who embody the firm’s values and entrepreneurial culture, and we look forward to continuing to supplement our collective experience and expertise in the coming years as we execute our investment and corporate growth strategy.”
About SteeleHarbour Capital Partners
SteeleHarbour Capital Partners is a real estate investment firm focused on middle‑market general partner equity, preferred equity and debt investments with a primary focus on multifamily and mixed-use properties in high growth markets in the Southeast and Mid‑Atlantic United States. SteeleHarbour’s strategy is centered around identifying and investing in secular and cyclical trends, acting on proprietary insights and leveraging deep industry relationships and institutional experience to execute on investment opportunities. The SteeleHarbour senior team has collectively completed approximately $9 billion of real estate investment, financing and capital market transactions over the last 25+ years. For additional information, please visit www.steeleharbour.com.