Industry veterans launch Delancey-backed advisory firm
Industry veterans David Boyle and Brad Beanblossom have formed NW1 Partners, a real estate investment advisory firm with strategic backing from Delancey and focused on small-cap value-added property investments in the United States, United Kingdom and Europe.
The firm is co-headquartered in London and Chicago and will selectively pursue high conviction investment opportunities, partnering with emerging local operating partners and select small fund managers in programmatic real estate investment strategies.
“Throughout our careers, Brad and I have found small-cap real estate investing to be particularly appealing,” said Boyle, NW1’s managing partner. “There is less competition, fragmented ownership, and the ability to apply institutional expertise to re-position assets where others don’t have the capability or capacity.”
The firm has started investing for its first opportunity.
Boyle was previously managing director, co-head and CIO for real estate at Morgan Stanley Alternative Investment Partners, and Beanblossom was senior vice president at Equity International.