People - FEBRUARY 7, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Industry veterans form Coretrust Capital Partners

by Reg Clodfelter

Three founding partners of Thomas Property Group — Thomas Ricci, Randall Scott and John Sischo — have teamed with Charles Toppino, a founding partner of Secured Capital and current president of Oak Pass Capital, to form Coretrust Capital Partners, a new private real estate operating company. The formation of the new company follows last year’s merger between TPG and Parkway Properties.

A vertically integrated operating company, CCP will offer institutional investors a wide array of services including fiduciary investment services, property management, leasing and property development. Initially, the firm will invest with separate accounts and dedicated joint ventures, though the founders have not ruled out raising a commingled fund at some point in the future.

“The timing is great,” Sischo explains. “We believe this is an exceptional time to acquire core-plus and value

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy