Archive for February 2024
Real Estate Veterans Launch Private Equity Real Estate Platform
Industry veterans Derek Uldricks and Ethan Schelin announce the launch of Pierside Capital, www.piersidecapital.com, which is a real estate focused private equity investment platform that will offer real estate related investments to accredited investors, family offices, and qualified purchasers based in Huntington Beach, CA. In 2020, the firm principals formed affiliate Schelin Uldricks & Co.,…
Read MorePierside Capital Announces Follow-On Investment with Madison Resorts in Wildwood Crest, NJ
1/19/24 Huntington Beach, California: Pierside Capital is pleased to announce a follow on investment with Madison Resorts in Wildwood Crest, NJ. Back in May 2023, through its relationship with Emerson Equity LLC and affiliate Schelin Uldricks & Co., Pierside Capital’s principals provided co-G.P. capital for the acquisition of a 70-key boutique hotel in Cape May,…
Read MorePreferred Equity Investing 101
Many investors rely on the fixed income in their investment portfolios to pay for their everyday expenses and lifestyle. With the recent rise in interest rates, many investors have moved their idle cash into money market accounts and other fixed income bond portfolios or treasury securities like t-bills, notes, and bonds. Before the Fed increased…
Read MoreWhat are my reinvestment options if I do a 1031 Exchange?
If you are reading this article, you are likely considering a 1031 exchange or completing a 1031 exchange and want to understand what reinvestment options are available to you. There are many, many articles online about what a 1031 exchange is so we won’t go into the details of what they are and how they…
Read MorePrivate Equity Real Estate Deal Considerations
More than ever, individual accredited investors are looking to real estate to balance their portfolio or diversify their investment portfolio. As accredited investors begin to analyze where and what to invest in, it is important for investors to consider every facet of an investment before choosing to make an investment. Most knowledge in real estate…
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