Austin’s AIC Ventures Adds Leader to East Coast Acquisition Team
Plans to Acquire $100 Million in Commercial Real Estate
AUSTIN, Texas--(BUSINESS WIRE)--Austin, Texas-based AIC Ventures, L.P., an investment fund manager providing alternative finance solutions to middle-market companies across the United States through office and industrial sale leasebacks and net-leased acquisitions, has named Jeff Gilder as its East Coast Acquisition Director. Based in AIC Ventures’ new Atlanta, Georgia office, Gilder will lead efforts to acquire $100 million in commercial real estate assets throughout the East Coast in 2009.
“We are pleased to have an acquisition professional of Jeff Gilder’s caliber joining the AIC team”
“We are pleased to have an acquisition professional of Jeff Gilder’s caliber joining the AIC team,” said David Steinwedell, Managing Partner of Acquisitions. “Jeff’s solid background and contacts in the East will help AIC grow its presence in those important markets.”
Gilder brings over 20 years of real estate investment experience to AIC Ventures and has completed over $7 billion in debt and equity transactions during his career. Prior to joining AIC Ventures, Gilder served as Senior Director of the Investment Group for American Realty Advisors, Inc., an investment advisor group serving the pension fund industry. Before American Realty Advisors, Inc., he was with the investment management company, Wells Real Estate Funds, Inc., where he served as Chief Investment Officer. Gilder has a Master of Science degree in Real Estate and Finance from Georgia State University and an undergraduate degree from Emory University.
In the past 12-months, AIC Ventures has acquired almost $200 million in commercial real estate assets owned by middle-market companies across the United States. In total, the firm plans to acquire $350 million in real estate assets nationwide for its seventh and eighth investment funds this year.
AIC Ventures has acquired and entered into long-term leases on more than 110 commercial real estate assets owned by middle-market companies. In each transaction, the company acquired the facility and property according to the original terms outlined. The capital infusion is used by companies to strengthen their corporate balance sheet fundamentals, fund growth initiatives or acquisitions and/or support other strategic investments. With fewer restrictions and requirements in comparison to more traditional financing options, sale leasebacks offer sellers flexible capital that can be redeployed at the company’s discretion.
AIC Ventures acquires single-tenant leased or owner-occupied office, industrial or warehouse properties central to the ongoing operations of middle-market companies, often headquarter facilities. Targeting properties valued between $4 million and $50 million, the firm focuses its acquisitions on the top 100 markets in the U.S. with healthy, recurring demand for the building type.
Whether sellers need to close quickly, have private equity interests, environmental or other challenges, AIC Ventures can help. For more information, visit www.AICVentures.com.
