S2 Capital, a Dallas-based vertically integrated residential investment manager, has hired Mark Halford as vice president, special situations, where he will work with the firm’s investments team to focus on opportunistic and distressed acquisitions through the firm’s commingled fund vehicles.
The firm said that Halford spent a decade with Lone Star Funds, where he participated in more than $10 billion of distressed and opportunistic investing, including the takeover of the failed Anglo-Irish Bank in 2011.
“The S2 team has seen significant growth over the last few years, and I’m thrilled to welcome Mark as our newest addition,” S2 founder and CEO Scott Everett said in a statement. “Our latest fund strategy is focusing on distressed and opportunistic acquisitions across the capital stack, including various credit investing strategies, and I’m confident Mark will provide valuable support and expertise.”
After serving as a senior vice president at Lone Star Funds’ Hudson Advisors LP, Halford became a managing partner at Hillview Capital Partners, a Dallas-based private real estate investment firm. He began his career in positions at Northmarq Capital and Morgan Stanley Investment Bank.
Founded in 2012, S2 Capital is national multifamily investment platform specializing in value-add, opportunistic, and distressed investments.
It has roughly $10 billion in transaction volume and has acquired about 46,000 units through 134 acquisitions. It has successfully invested over $500 million in upgrades and renovations.
S2 is vertically integrated, composed of affiliated businesses, including acquisitions, capital formation, construction, asset management, and operations divisions that it said work closely together to execute the firm’s business plan.
S2 concentrates its investments in the Sunbelt region of the United States, including Arizona, Florida, Georgia, North Carolina, and Texas.
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