Caisson Capital Announces Launch, Closes on The Ridges at Bentonville
Rogers, Ark. – June 1, 2021 – Caisson Capital Partners (Caisson Capital) announced its official launch today with the closing of its inaugural transaction, the $8.9 million dollar acquisition of The Ridges at Bentonville (formerly Skyridge Estates). The Ridges is a 96-unit multifamily apartment complex located in Bentonville on Highway 12 between the downtown square and the Northwest Regional Airport.
“We are thrilled that our first deal is in Northwest Arkansas, right here in our own backyard,” said Co-Founder and Managing Partner, Robert “Bo” Diamond. “The feedback we received from investors was overwhelming. Our firm’s key goal is to open direct commercial real estate investments to individual investors, and we were able to accomplish that right out of the gate with a broad syndication to over 30 investors from eleven states and the U.K.”
The new real-estate investment firm was founded by Diamond and Brian Shaw, a long-time Northwest Arkansas real estate professional and also the Executive Chairman of Cushman & Wakefield/Sage Partners.
Shaw says he is very pleased with this transaction. “This is a great opportunity for our investors — sourced off market, well negotiated and perfectly located for this type of product,” said Shaw. “Caisson Capital has plans to grow the investment platform; we’re actively looking for additional quality deals and open to new investors.”
About The Ridges at Bentonville
The Ridges at Bentonville is a 96-unit multifamily apartment complex located in Bentonville on Highway 12 between the downtown square and the Northwest Regional Airport. It will benefit from long-term, fixed-rate Fannie Mae debt financing provided by Arbor Commercial Real Estate. The property will be managed on-site by LiveSage (a Joint Venture of LundCo and Sage Partners), a highly experienced team with over 15,000 apartment units under management including Crystal Flats and Pinnacle Heights in the Northwest Arkansas metro area.
The property is undergoing a complete rebrand and will undergo meaningful renovations to both the interior and exterior.
About Caisson Capital Partners.
Caisson Capital was founded in 2020 by highly experienced commercial real estate investors with the goal of broadening access to real estate investments. Caisson enables direct access to commercial real estate deals which have traditionally only been open to large-scale professional investors, creating exclusive real estate investment opportunities for individual and family-office investors.
Co-Founder and Managing Partner Bo Diamond has over a decade of professional experience in real estate private equity as well as investment banking and capital markets. He has executed real estate transactions across the U.S. in major markets such as New York City.
Co-Founder and Investment Committee Head Brian Shaw has more than 25 years of commercial real estate experience including investment sales, development and landlord and tenant representation. In addition to his involvement with Caisson Capital, Mr. Shaw is Executive Chairman of Cushman & Wakefield/Sage Partners.
The partners said their goal is to broaden investor-access to direct real estate investments, which have historically only been available to institutions and a limited number of ultra-high net worth individuals.
“Caisson has a unique ability to leverage our proprietary knowledge and aggressively deploy newly available technologies,” said Shaw. “We believe commercial real estate is an essential component of a well-diversified portfolio, and we feel there is a broader audience with the ability to take advantage of these select opportunities.”
In addition to Northwest Arkansas, the partners say they will also focus on the wider markets surrounding the region, including the Mid-South and the American Heartland. While the new firm is on the cutting-edge of real-estate investment trends, Diamond said a key element of their philosophy is the time-honored method of putting the interests of their investors first.
“We invest alongside our partners in every deal we execute, ensuring our interests are fully aligned,” said Diamond. “In our experience this is an essential element of establishing trust. By earning the trust of our investors and remaining true to our values, we hope to remain successful stewards of our investors’ capital for many years to come.”
