Richard Mortell
Managing Partner
Richard Mortell is an experienced real estate finance executive with a proven track record of driving growth and generating strong returns. As the Managing Partner at Third Coast Real Estate Capital, he oversees all aspects of the firm's investment strategy, portfolio management, and business development activities.
Professional Overview
Mortell brings extensive expertise in commercial real estate investment, structured finance, and asset management. He specializes in sourcing, underwriting, and executing complex transactions across various property types, including multifamily, office, industrial, and retail assets.
Experience Summary
Current Role
As the Managing Partner of Third Coast Real Estate Capital, Mortell is responsible for setting the firm's strategic direction, leading the investment team, and cultivating relationships with institutional investors and high-net-worth clients. Under his leadership, the firm has grown its assets under management by 75% over the past four years, delivering consistent, above-market returns for its investors.
Career Progression
Prior to joining Third Coast, Mortell served as the Vice President at Oak Street Real Estate Capital, where he played a crucial role in expanding the firm's portfolio and securing over $500 million in new capital commitments. Earlier in his career, he held Analyst positions at Millennium Management and Merrill Lynch, gaining valuable experience in investment banking and hedge fund operations.
Academic Background
Mortell holds a Bachelor of Business Administration degree in Finance from the University of Illinois at Urbana-Champaign, where he graduated magna cum laude. He is an active member of the Urban Land Institute (ULI) and the Pension Real Estate Association (PREA).
Areas of Expertise
- Commercial real estate investment and asset management
- Structured finance and complex transaction structuring
- Institutional investor relations and capital raising
- Portfolio optimization and risk management
- Market analysis and strategic decision-making
Professional Impact
Under Mortell's leadership, Third Coast Real Estate Capital has emerged as a prominent player in the Midwest real estate market, consistently outperforming industry benchmarks and earning a reputation for delivering exceptional risk-adjusted returns. Mortell's deep industry insights and innovative approach to investment have made him a sought-after speaker at industry conferences and events.
Conclusion
With his extensive experience, strong track record, and visionary leadership, Richard Mortell is well-positioned to continue driving the growth and success of Third Coast Real Estate Capital in the years to come. His commitment to delivering superior investment performance and value-added services to his clients has solidified his reputation as a leading real estate finance executive.
