Arc Capital Partners has announced a strategic partnership with Columbia Pacific Advisors, an alternative investment firm.
Columbia Pacific committed both operating and investment capital to Arc Capital Partners to pursue value-add and opportunistic investments across the Western United States.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Managers Quincy Allen and Neville Rhone brought together a combined 40 years of real estate experience and proven institutional investment expertise across multifamily, retail, office and industrial assets to form Arc Capital Partners. The firm targets urban middle-market investments in high-demand employment centers expected to benefit from the rapid growth in millennial and diverse population groups.
"Neville and I are excited to receive the vote of confidence from Columbia Pacific," said Quincy Allen, Managing Partner of Arc Capital Partners. "Columbia Pacific has a long, successful history of investing in companies and assets that create value through forward-thinking research and execution. Their experience in building an institutional-quality infrastructure also benefits our strategy."
"The preferences of the millennial generation differ markedly from previous generations, creating opportunities to invest in projects poised to benefit from a focus on value pricing, culture and sustainable design," said Neville Rhone, Managing Partner of Arc Capital Partners. "Our partnership with Columbia Pacific enables us to address a growth niche that has been overlooked at a time when real estate continues to delever."
"Arc is pursuing a compelling strategy as the millennials put upward pressure on demand," commented Stan Baty, Principal at Columbia Pacific. "We believe Neville and Quincy’s track record together at Canyon Capital and backgrounds in acquisitions, development, asset management and operations position them for success in a space that has been largely vacated by multi-billion dollar funds yet remains too complex for smaller investors to pursue."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataFounded in late 2013, Arc Capital Partners has already acquired an apartment community in the South Congress submarket of Austin, TX and a Sears distribution facility/retail outlet in Denver’s urban central submarket. Both investments were off-market and are representative of Arc Capital Partners’ pipeline of over $400 million of potential investment opportunities.
