CrowdFundBeat News Wire, The Carlton Group led by Chairman, Howard L. Michaels has announced that it has entered the Accredited Crowd Funding space to offer accredited investors an opportunity to invest in large, high yield commercial real estate investments. In business since 1991, Carlton has completed over $100 billion of transactions both as an intermediary and as a principal. Mr. Michaels, who is one of the top real estate advisory deal makers in the world has single handedly been responsible for some of the largest real estate deals both in the United States and in Europe since the beginning of the credit crunch.
Carlton professionals, Michael Campbell, Kevin Swill and Jonathan Rosner will be on the Carlton Crowd Fund Board of Directors. Mr. Campbell, who previously worked at Prudential Insurance has worked closely with Mr. Michaels over the last eleven years. Mr. Campbell has completed some of the biggest transactions in the United States. Mr. Swill was president of Westminster Capital Associates, an arm of Kushner Companies, where he helped with acquiring and recapitalizing roughly 13,000 units. He has also worked at Deutsche Bank, Citibank and Merrill Lynch. Mr. Rosner is a CPA and previously worked at Ernst & Young and Cushman & Wakefield as Managing Director in their consulting group which focused on sale leaseback and structured finance transactions. He has substantial real estate valuation and credit experience.
Overall, Carlton is supported by over 50 investment professionals many of whom have significant investment banking backgrounds having previously worked at Prudential, Alliance Bernstein, Drexel Burnham, Goldman Sachs, Ocwen Financial, Westbrook, UBS, Partners Group and many other fine investment houses.
Moreover, The Carlton Group under Mr. Michaels leadership has been responsible for some of the most notable and profitable real estate transactions including: the $1.4 billion recapitalization of the General Motors Building which led to the creation of Apple’s number one retail store in the world.the financing (two times) of the Sears Tower and then Willis Tower,
the equity and debt capitalization of the Bank of America in San Francisco, which was a $1.1 billion transaction,
a myriad of major Manhattan Office buildings (including 111 8th Avenue, The Starrett-Lehigh Building, 737 Park Avenue, 701 Seventh Avenue Redevelopment, and no less than six major buildings on Madison Avenue)
and over 40 million square feet of prime Manhattan multi-family, office and retail transactions.
One of the main advantages for investors to deal with Carlton Crowd Fund is that investors from all over the world continuously come to The Carlton Group to have Carlton raise capital for transactions based on Carlton’s unique ability to access and structure capital from investors around the world. Carlton maintains long term relationships with many of the top real estate owners, private equity hedge fund, and family offices throughout the world. As such, Carlton sees some of the best transactions in the marketplace and intends to cherry pick the best opportunities to provide retail accredited investors with an opportunity to club their investment into highly beneficial transactions that the average real estate investor would not otherwise be able to invest in.
At Carlton Crowd Fund investors will be able to work with Carlton to investigate and invest in appropriate transactions. Carlton Crowd Fund intends to focus on cash flowing investments which will provide investors with current returns greater than what they can achieve elsewhere.