For decades, we’ve executed every project with precision and agility.
SteelWave acquires and commences its first industrial warehouse development project in Phoenix, AZ totaling over 1 Million square feet.
SteelWave forms a new strategic partnership with Chenco Holdings.
SteelWave surpasses $10 billion of total acquisitions & developments since inception.
SteelWave acquires and commences its first two multifamily development projects in Southern California and Denver.
Legacy Partners Commercial (“LPC”) changes its name to SteelWave.
LPC enters in to a strategic partnership with NorthStar Realty Finance Corporation, a publicly traded, diversified commercial real estate investment and asset management company with $21 billion of assets under management. Subsequently, NRF merged with Colony Capital.
LPC, in separate joint ventures with Walton Street, AllianceBernstein, Goldman Sachs, Stockbridge, Principal Financial Group and NorthStar Realty Finance Corporation, acquires for repositioning $700M of assets in its core markets.
LPC actively enters the Houston and Austin markets in Texas.
LPC surpasses $9 billion of total acquisitions & developments since inception.
LPC surpasses $8 billion of total acquisitions & developments since inception.
LPC establishes its first discretionary fund, with subscriptions of over $330 million.
LPC surpasses $5 billion of total acquisitions & developments since inception.
LPC restructures ownership from a conglomerate of over 200 distinct partnerships to a single ownership structure encompassing all operating companies and real estate investments.
LPC surpasses $4 billion of total acquisitions & developments since inception.
Barry DiRaimondo appointed president of Legacy Partners Commercial.
The western regional partners including Preston Butcher and several other senior managers buy out Lincoln’s interest in its western operations and investments and begin operating as Legacy Partners Commercial ("LPC"). The senior management team, investors and asset base remain unchanged.
The Commercial Group surpasses $3 billion of total acquisitions & developments since inception.
The Commercial Group surpasses $2 billion of total acquisitions & developments since inception.
The Commercial Group surpasses $1 billion of total acquisitions & developments since inception.
A western region Commercial Group is formed, with Ed Thrift, Jr. as president.
Lincoln Property Company, a Texas-based real estate developer, Preston Butcher establishes a western regional office in the San Francisco Bay Area.