Based in South Bend, Indiana with additional offices in Ft. Wayne and Indianapolis, Great Lakes Capital is a Real Estate Development and Private Equity Firm that invests in several core property types including Multifamily, Industrial, Mixed-Use, Flex, Office, Medical and Life Science, and Hotels Properties. Multifamily, Industrial, and Mixed-Use properties remain Great Lakes’ highest growth segments. Since opening its doors in 2005, Great Lakes has successfully invested in billions of dollars of real estate projects and currently enjoys a development pipeline in excess of $550 million. Great Lakes’ six principals have nearly 170 years of experience and have closed more than $7 billion of commercial real estate investment across all property types, geographies, capital structures, and economic cycles.
Great Lakes Capital is uniquely positioned to perform every major aspect of real estate development in house. We look to leverage our relationships, market knowledge, and capabilities to work with partners, landowners, municipalities, and tenants looking for real estate solutions. We actively seek build-to-suit, joint venture, restructure, redevelopment, and partnership opportunities. We value aligning our interests with those of our partner clients. Our professionals work with land planners, architects, engineers, construction experts, capital partners, and others to deliver a seamless development process. This approach provides our partner-clients peace of mind knowing that their interests are being served in a manner that will deliver value as well as successfully meet their strategic and operating objectives.
• Keystone Hotel
• Last Mile
• FTW I
Note: Decline in 1Q 2020 was in response to COVID-19 and anticipated ramifications thereafter.
• Portage Prairie I
• Portage Prairie II
• BH Bloomington
• Ridgeway Skyline
• TCG Rick
• BH Capital City
• St. Andrews
• Norman Street
• Cleveland Center
• GrandView Flats
• Portage Prairie III
• Toscana Outlots
• Cascade Center
GLC Stabilized Income Fund I
Launched 3Q 2017
GLC SIF was launched in the 3rd quarter of 2017 with a focus on stabilized and stabilizing assets and an emphasis with a current coupon to investors.
• Toscana Residential
• Toscana Retail
• City Plaza
• Dixie Place
Status – GLC COF I has completed raise of a leveraged $22MM Fund which is actively investing in performing and non-performing debt.
Retail/Multi-Family – Closed Fund
Status – GLCA IV is in the investing/value creation stage.
Medical Office/Hospital – Closed Fund
Status – GLCA III has largely harvested with return of all investment to partners with an IRR exceeding 80% while in value creation stage.
Office and Medical Office Focus – Closed Fund
Status – GLCA I is in the value creation stage while still pursuing opportunistic investments.