Partnership is the foundation of great business relationships. We work with co-sponsors, local developers, and other experts to create compelling investment strategies and vehicles for our most important partners… our investors.
Leadership at Parsonex Capital Partners extends beyond our organization and shareholders to our industry and our community. Our executives strive to create value while making a difference. We are proud to have a talented and distinguished group of professionals.
Experience matters. Through our executives and affiliates we have experience running regulated and compliance centric organizations, acting as a fiduciary for clients, and completing over $11.5B in transactions, 100+ years of experience and more than 400 commercial transactions.
Special Situations can include any number of strategies but primarily focuses on non-performing commercial loans, sub-performing commercial loans, and distressed real estate. Other special situations can include Commercial & Industrial (C&I). A Special Situations/Distressed Asset Investment Strategy seeks to acquire, operate and resolve assets which are distressed, undervalued, or value-add opportunities.
Any asset class can ultimately become distressed and require resolution. Many factors impact this and it depends on the economy, market, individual project or the owner or operator of the project. The asset classes can include, but are not limited to multi-family, mixed-use, hospitality, commercial, light industrial, single family, and more.
Created by the Tax Cuts and Jobs Act of 2017, a Qualified Opportunity Fund is an investment vehicle to generate economic development in low-income communities.
Opportunity zones nationwide
Opportunity zones are tax-incentivized census tracts in certain low income communities designated by the state and federal government to encourage long-term investment.
Taxes on realized capital gains invested in a Qualified Opportunity Zone Fund within 180 days are deferred until December 31, 2026.
If held until December 31, 2026, the taxable basis on the realized capital gains invested in the fund is reduced by 10%.
If the investment in the fund is held for a minimum of ten years, there is a 100% step up in cost basis, eliminating the taxes on the growth of the investment.
Our leadership team brings together decades of experience in financial services, banking, real estate, and investment management in order to help investors achieve their goals.
Chief Executive Officer
Chief Investment Officer
Senior Vice President – Capital Markets