REAL ESTATE
Rodeo Region Focused.
Deep Experience.
Hands-On Investors.
$7+BN
Combined Rodeo Region Real Estate Transactions
8
Real Estate Funds Launched
INVESTMENT CRITERIA
Rodeo Region
Rocky Mountain West and Southwest
Geography
$500,000
Cash Flow
$25 -150 MM
Asset Value
The Rodeo Region Advantage
The 14 state "Rodeo Region" where Bow River invests has come of age as an important emerging market for investment. Cities dotting the mountain and southwest states have shown disproportionate economic growth, and are typically under represented in property investment portfolios. With decades of experience and deep relationships in the Rodeo Region, Bow River’s Real Estate team is uniquely positioned to benefit from investment opportunities in this geographic area.
Targeting Opportunity
Our investment philosophy centers around three primary themes: a geographic focus in the Rodeo Region, light industrial and opportunistic residential.
Creating Value
Light Industrial
New and updated light industrial warehouses are needed throughout the Rodeo Region given the increasing demand for physical infrastructure to support e-commerce and B2B logistics. The warehouse system in the U.S. is dated: 30% of the existing warehouses in the U.S. are more than 50 years old and the average age of warehouse properties is 34 years.
Residential
In residential, we look at trends that impact senior housing, as well as single and multi-family homes. The U.S. population is aging, and an increasing number of Americans are retiring in the Rodeo Region. There is a need for newer senior housing options that provide the full continuum of care. As the Rodeo Region continues to attract residents due to its lifestyle and cost of living advantages, there is also a need for more single family and affordable multi-family homes.
Distressed Retail
Although we believe the e-commerce trend will continue, not all retail is created equal. It’s predicted that 80% of retail sales still occur in a physical store. In the aftermath of the pandemic, there is opportunity to find well located and attractively priced retail.
- 1. Source: https://www2.deloitte.com/us/en/insights/industry/financial-services/future-of-industrial-real-estate-market.html
- 2. Source: Top Ecommerce Charts of 2020, Digital Commerce 360, January 2021.
Investing in Qualified Opportunity Zones
Bow River has leveraged the team’s familiarity and experience investing in the Rodeo Region to create several Opportunity Zone Funds. The OZ Funds are intended to meet the tax planning and/or social impact needs of the firm’s investors.
The Tax Cuts and Jobs Act of 2017 created Qualified Opportunity Zones to provide potential tax benefits to investors who re-invest capital gains into real estate projects in communities designated for economic development. Investing in a qualified opportunity fund enables investors with substantial capital gains tax liabilities from any prior investment to defer and substantially reduce that liability. Any future capital gains from the opportunity zone investment could be eliminated if the investment is held for 10 years. This solution is useful for investors who are interested in realizing capital gains in a tax-efficient manner and/or social impact investing through job creation.
To learn more about our OZ Funds, please send an email to info@bowrivercapital.com.
Real Estate Team
Patrick A. Blasdell
Managing Director, Real Estate
Brian A. Wilson
Managing Director, Real Estate
Drew A. Lacey
Vice President, Real Estate
John P. Layton
Vice President, Real Estate
Tyler J. Finn
Senior Associate, Real Estate
Zachary J. Fryer
Fund Controller, Real Estate
Samuel J. Berman
Associate, Real Estate
Eben Engler
Associate, Real Estate
Johnna M. Carrera
Administrative Assistant
Assets
Current Assets
El Tenedor Logistics Center
Cottages at Leon Creek
Knox at Westchase
Eastbank Apartments
Flats on Tanglewilde
Nexus 25
Park84
The Pointe
Inland Logistics
North Shore Logistics
Innovate 25
Avondale Industrial
Fuller84
Lake Park Industrial
Sequoia
Klein Huis
Cinq
Luma
Kiley Ranch
Eugene Multifamily
Grand Living at Tuscan Lakes
The Lodge at Greeley
The Lodge at Grand Junction
Grand Central Tower
OKC Senior Living
Select Sold Assets
Instigate
14603 East Fremont
25 North
Dallas MOB
Financial House
Gateway at Henderson
Village Shoppes at Creekside
Gunbarrel
Park Place
Speedway Industrial
Songbird
The Linea at Warm Springs
Centerview Crossing
Las Vegas Senior Living
Wichita Portfolio
San Marcos Senior Living
News & Insights
Bow River Capital Re-Enters The Real Estate Market With $220 Million Of Multifamily Acquisitions In The Rodeo Region
Bow River Capital Hires Veteran Commercial Real Estate Investor Brian Wilson
Rocky Mountain Region's Case for Industrial
How did the Rocky Mountain region become a commercial real estate darling? According to Bow River Capital Real Estate Managing Director Pat Blasdell and Vice President John Layton the region’s evolution has been driven by three themes. Read their views in the Office and Industrial Quarterly of Colorado Real Estate Journal.
Bow River Capital Closes $450 Million Oversubscribed Real Estate Fund III
Investment Strategy Focusing on Industrial and Residential in the Rodeo Region Resonates with Investors
Mile High CRE: Q&A with Rick Pederson
In a Q&A with Mile High CRE, Rick Pederson, vice chairman and chief strategy officer of Bow River Capital, shares his views on inflation’s impact on commercial real estate in the Rocky Mountain region.
Bow River Capital: Our Take On Inflationary Pressures
The U.S. economy at midyear is booming, but costs are moving just as fast. U.S. CPI has jumped 5.4% in the last year; people are worried about the price leaps in everything from used cars to their restaurant bill. Is this kind of inflation here to stay? How do we at Bow River see inflation factoring into our real estate development projects?
Bow River Capital Successfully Completes Disposition of North Las Vegas Industrial Business Park
Bow River Capital, a Denver-based private alternative asset management company, announced today that its Real Estate Fund II sold Speedway Industrial, an 18.1-acre North Las Vegas, Nevada property. “This is Bow River’s third disposition in Las Vegas over the last 60 days. The successful disposition of Speedway is the result of the investment themes that…
Bow River Capital's Real Estate Fund II Sells Industrial Property in Henderson, NV
Bow River Capital, a Denver-based private alternative asset management company, announced today that its Real Estate Fund II sold Gateway Phase I, a 17.6-acre Henderson, Nevada property that is part of a larger 25.8-acre industrial property. “Gateway Phase I is the latest and best example of the tremendous demand we’re seeing for light industrial in…
Bow River Capital Closes Third Opportunity Zone Fund With Salt Lake City Investment
Bow River Capital, a Denver-based private alternative asset management firm, announced today the successful close of its third Opportunity Zone Fund (“the Fund”) consisting of two adjacent, Class-A apartment building developments in downtown Salt Lake City. Total capital raised for the Fund was $39.6 million. Bow River Capital is a leader in the Opportunity Zone…
Bow River Bulletin | Rise In Ecommerce And Migration Into The Rodeo Region Creates Growing Opportunity For Industrial Development Projects
The COVID-19 global pandemic has created significant challenges across the real estate landscape. These challenges have surfaced due to a massive shift in the number of people working from home across the country, coupled with retail shutdowns and global supply chain disruptions. While raising our Real Estate Fund II in 2018, Bow River Capital’s team…
Bow River Capital Hires New Managing Director
Bow River Capital, a leading alternative investment firm in Denver, CO is pleased to announce the addition of Patrick Blasdell to the Bow River Capital team. Pat will be joining us as a Managing Director in the Real Estate Group. Along with Nick Koncilja, Pat will focus on the performance of our current real estate…