Industry veteran Jason Geer has been named senior vice president of acquisitions at CAF Capital Partners, a Dallas-based private equity real estate firm.
Geer joins CAF Capital Partners from Invesco Real Estate where he spent 25 years.
CAF Capital Partners specializes in the acquisition, redevelopment, repositioning, and subsequent sale of institutional quality multifamily real estate.
“Jason brings a wealth of experience and a track record of success in the real estate industry that will enhance our strategy of identifying well-located institutional properties with strategic competitive advantages and capitalize on those differentiators to deliver superior returns to our investors,” CAF Chief Executive Officer Chris Faulkner said in a statement. “It’s not often you get the opportunity to add talent with his pedigree and extensive relationships in our industry.”
Multifamily opportunities ‘in these challenging times’
At CAF, Geer’s responsibilities will center on driving ongoing expansion efforts in the Southeastern region. His focus will be directed toward acquisitions, equity partnerships, and specialized client relationships, all within the multifamily area, the firm said.
“Since 2011 our firm has acquired 59 properties in the Sunbelt with more than 20,000 units,” CAF President Trent Wood said in a statement. “The addition of Jason Geer to our team positions our company for continued growth in these high-opportunity areas.”
Geer said CAF’s team is a committed unit.
“I look forward to working with the CAF team of professionals who have already demonstrated that their targeted commitment to multifamily and their financial strength enables them to move quickly and strategically in these challenging times,” Geer said in a statement. “In today’s environment, multifamily offers opportunities not available in other real estate sectors for those who understand the market and are well capitalized.”
CAF Capital Partners has closed on more than $4 billion in apartment properties and assets, managing over 26,000 multifamily units in Texas and the southwestern United States.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
-
Dallas-based Cypress Growth Capital is defying norms in the funding landscape. Not your traditional venture capitalist, this trailblazing firm hit a landmark with its 50th portfolio investment—and fourth major play this year—a $4 million stake in medical records disruptor, ChartSquad. Managing Director Vik Thapar peels back the curtain on the firm's unique model, which fosters rapid growth without diluting entrepreneurial control.
-
In this week’s North Texas deal flow, you’ll also find news about automated payment solutions startup UPAY raising new funds; Fort Worth’s Star Castle Ventures' $5.25M raise; Carlyle Group acquiring a majority stake in Dallas’ Aspen Power Partners; CenterOak Partners selling Wetzel’s Pretzels for $207M; and other deals.
-
A subsidiary of Boston-based Bain Capital Credit is backing the launch of Legacy Corporate Lending, a new asset-based lending company headquartered in Plano that will serve middle market companies that might not be able to readily access traditional forms of lending. “We are excited to establish this well-capitalized platform in partnership with Bain Capital Credit at a time when lending provides an essential solution to many companies,” Legacy Corporate Lending CEO Clark Griffith said in a statement. “We see a significant opportunity to leverage our combined credit investment and industry expertise to provide borrowers with flexible, solutions-oriented capital. We look…
-
At last week's Venture Dallas conference, more than 400 VCs, angel investors, startups, and business leaders gathered for a showcase of North Texas' entrepreneurial and venture ecosystem. Here's a look at the highlights—from Troy Aikman saying "There are no shortcuts" to Alto Founder Will Coleman on the power of doing "the opposite" to Mark Cuban's "ready, fire, aim" approach. “Regions like Texas and Dallas-Fort Worth, we’re the model for the rest of the nation on how to get things done," Ross Perot Jr. said at the conference kickoff.
