
Managing Principal, Steelbridge Capital LLC
Member of the Real Estate Council
Gavin Campbell is the Founder and Managing Principal of Steelbridge Capital, a value focused real estate private equity investor in all major commercial and residential real estate classes throughout the US. Steelbridge also invests in distressed CMBS, mezzanine, and senior debt, and has special experience with distressed Florida residential real estate and RMBS. Mr. Campbell consults on real estate investment and portfolio management topics, US market operating fundamentals in all product types, corporate and bank real estate valuation, REIT and distressed debt valuation, residential and commercial brokerage, real estate technology/data analysis, and REO advisory. He founded Steelbridge Capital in 2006 after 15 years at LaSalle Investment Management, where he was Chief Executive Officer of a private REIT and invested over $1 billion of institutional capital in office, retail, medical, hospitality, multifamily, parking, industrial, student housing, and self storage properties. (This is me - Update Profile)
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Foreclosures Set to Add More Years of Supply to Downtown Miami Condo Market
July 22, 2009
Gavin Campbell, Managing Principal, Steelbridge Capital LLC
Downtown Miami condos pass 60% occupancy | www.frej.net
The article describes a recent study that takes comfort in the fact that "62% of units in new downtown Miami condo buildings are occupied..., defying the perception that the majority of high rises built in recent years are empty." But this ignores the fact that there is still a 10 year supply ofunsold...
Banks and Special Servicers Continue to Postpone the Inevitable
July 22, 2009
Gavin Campbell, Managing Principal, Steelbridge Capital LLC
Pru Sees Debt as Best Investment Bet | www.globest.com
The article notes that distressed debt provides the best near term opportunities for r investors. And, in a perfect world, it should be; banks and conduits learned in the last downturn that they were not good at owning foreclosed properties, so their instincts this time are to just sell the paper....
Value, Like Beauty, is in the Eye of the Lender
March 31, 2009
Gavin Campbell, Managing Principal, Steelbridge Capital LLC
Soros Says Commercial Property Values Will Fall 30% | www.bloomberg.com
Commercial real estate values have dropped to a point where owners generally aren't sellers, so realized transaction pricing has not followed the value drop. But lenders will force transactions on overleveraged or defaulting assets in due course. But, depending on the product type and...
Disconnect Between Public and Private Commercial Real Estate Markets
March 3, 2009
Gavin Campbell, Managing Principal, Steelbridge Capital LLC
Commercial Property Activity Falls to 12-Year Low | www.cnbc.com
The slow down in commercial real estate transactions is a function of two things; the relative scarcity of acquisition financing and the large bid-ask spread between buyers and sellers. The recent drops in public REIT values are a harbinger of things to come in the private markets, and point to...
| Study Group Name | No. Members |
|---|---|
| Telecom/Cable Service Purchasers, Evaluators, and Pricing Trend Experts | 237 |
| Retail Brokerage Experts (Florida) | 83 |
| Self Storage Experts | 115 |
| Self-Storage Real Estate Experts | 64 |
Gavin Campbell has not participated in any GLG Live Meetings.