The Carlton Group: Company Profile

Background

Overview

The Carlton Group is an international commercial real estate investment banking firm headquartered in Manhattan, New York. Established in 1991, the firm specializes in arranging joint venture (JV) equity partnerships and executing large, complex, multi-tranche equity and debt transactions for significant development projects and high-profile assets. Over the past three decades, The Carlton Group has completed nearly $200 billion in commercial and residential real estate transactions across the United States, Europe, the Caribbean, Mexico, and South America.

Mission and Vision

The Carlton Group's mission is to provide sophisticated and highly structured debt and equity solutions to real estate projects, leveraging its extensive global network of investors. The firm's vision is to be a leading intermediary in large-scale real estate transactions, facilitating capital access for complex projects worldwide.

Primary Area of Focus

The firm's primary focus is on large-scale real estate transactions, including development projects, acquisitions, and recapitalizations. It specializes in arranging JV equity partnerships and structuring complex debt and equity capital solutions tailored to the unique needs of each project.

Industry Significance

The Carlton Group holds a significant position in the real estate investment banking industry, known for its expertise in securing substantial capital for large-scale projects. Its extensive experience and global reach have made it a trusted advisor for developers and investors seeking to navigate complex financing structures.

Key Strategic Focus

Core Objectives

• Capital Access: Facilitate access to capital for large-scale real estate projects through structured debt and equity solutions.

• Global Reach: Leverage a global network of investors to source capital from both traditional and unconventional sources.

• Complex Transactions: Specialize in executing large, complex, multi-tranche equity and debt transactions for significant development projects and high-profile assets.

Specific Areas of Specialization

• Joint Venture Equity Partnerships: Arranging JV equity partnerships to provide capital for development projects.

• Debt and Equity Capital Structuring: Designing and implementing complex debt and equity capital structures tailored to project needs.

• International Advisory Services: Providing advisory services for equity, debt, and investment sale transactions across Europe.

Key Technologies Utilized

The Carlton Group employs advanced financial modeling and analysis tools to structure complex transactions. While specific proprietary technologies are not publicly disclosed, the firm utilizes industry-standard software for financial analysis, project management, and client relationship management.

Primary Markets or Conditions Targeted

The firm targets large-scale real estate projects in need of substantial capital, including:

• Development Projects: New constructions requiring significant funding.

• Acquisitions: Purchases of existing properties needing recapitalization.

• Recapitalizations: Restructuring of existing debt and equity for ongoing projects.

Financials and Funding

Funding History

The Carlton Group has a history of securing substantial capital for real estate projects, with nearly $200 billion in transactions completed since its inception. The firm has established relationships with a diverse range of investors, including traditional financial institutions and high-net-worth individuals.

Total Funds Raised

The firm has raised nearly $200 billion in equity and debt capital for real estate projects globally.

Notable Investors

The Carlton Group has worked with a variety of investors, including:

• Traditional Financial Institutions: Banks and investment firms.

• High-Net-Worth Individuals: Private investors seeking opportunities in large-scale real estate projects.

• Off-the-Radar Investors: Including institutions and family offices not typically involved in mainstream real estate investments.

Intended Utilization of Capital

The capital raised is utilized for:

• Development Financing: Funding new construction projects.

• Acquisition Financing: Purchasing existing properties.

• Recapitalization: Restructuring existing debt and equity for ongoing projects.

Pipeline Development

Key Pipeline Candidates

The Carlton Group is engaged in several active transactions, including:

• JV Equity for Multifamily Development: Sourcing approximately $30 million of LP equity for a 350-unit multifamily development in North Miami Beach, Florida.

• Pre-Development Financing: Arranging $15 million of senior bridge financing for a 500+ unit condominium project in Downtown Miami, Florida.

• Value-Add Multifamily Acquisition: Securing $13 million of JV equity for the acquisition and value-add of a 250+ unit multifamily property in Downtown Dallas, Texas.

Target Conditions

The firm's focus is on large-scale real estate projects, including:

• Multifamily Developments: Residential projects requiring substantial capital.

• Condominium Projects: High-rise residential buildings in urban areas.

• Value-Add Acquisitions: Properties with potential for improvement and increased value.

Relevant Timelines for Anticipated Milestones

Specific timelines for these projects are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

The Carlton Group utilizes advanced financial modeling and analysis tools to structure complex transactions. While specific proprietary technologies are not publicly disclosed, the firm employs industry-standard software for financial analysis, project management, and client relationship management.

Significant Scientific Methods

The firm employs sophisticated financial modeling techniques, including:

• Financial Engineering: Utilizing quantitative methods to structure complex financial transactions.

• Risk Assessment Models: Evaluating potential risks and returns for investors.

• Market Analysis Tools: Assessing market conditions to inform investment decisions.

AI-Driven Capabilities

While specific AI-driven capabilities are not publicly disclosed, The Carlton Group likely employs data analytics and machine learning techniques to enhance decision-making processes and identify investment opportunities.

Leadership Team

Executive Profiles

• Michael Campbell – Chief Executive Officer (CEO): With over 29 years of experience in commercial real estate, Michael joined The Carlton Group in 1998. He has played a key role in structuring and securing equity and debt capital for nearly $200 billion in real estate projects worldwide. Michael holds a degree in Financial Engineering from James Madison University and a Master’s in Real Estate Finance and Investments from New York University.

• Daniel Bildner – Chief Operating Officer (COO) & General Counsel: Daniel has over 20 years of experience in real estate. He serves as COO and General Counsel for The Carlton Group and is involved in all aspects of the business, including advisory, consulting, principal transactions, workouts, and restructurings. Daniel holds a Bachelor of Arts from Emory University and graduated cum laude from the State University of New York at Buffalo Law School.

• Janet Fleming – Chief Financial Officer (CFO): With over 30 years of experience in family-owned real estate, Janet joined The Carlton Group as Managing Director of Finance. She has previously served as CFO for Debrah Lee Charatan and Chief Accounting Officer at Ashkenazy Acquisitions. Janet holds a Bachelor of Science degree from Lehman College.

• Anthony Marando – Executive Managing Director – Special Situations: Anthony has 40 years of experience in the commercial real estate market, specializing in both performing and non-performing loans and assets. Since joining The Carlton Group in 2010, he has personally originated and placed over $20 billion in commercial real estate and corporate transactions. Anthony earned a B.A. in Economics with a Minor in Business/Pre-Law from Fordham University.

• Brian Nuesi – Executive Director: Brian is responsible for the origination and placement of structured debt and equity financing. He specializes in managing complex, high-leverage real estate transactions and offers tailored equity and debt capital solutions. Brian holds a bachelor’s degree from Queens College in New York.

• Ruth Barone – Managing Director: Ruth has extensive experience in real estate lending across all asset classes. She previously served as Chief Credit Officer at a capital company and Managing Director at a real estate private equity firm. Ruth holds a Bachelor of Arts from Emory University and graduated cum laude from the State University of New York at Buffalo Law School.