Crestlight Capital
Real EstateMichigan, United States2-10 Employees
Crestlight Capital is a commercial real estate operating platform established in 2017 and based in Detroit, Michigan. It concentrates on acquiring and renovating existing high-quality office and mixed-use assets across the Sun Belt, Mountain, and Central regions of the United States, with a focus on markets near innovation and education hubs. The leadership team brings substantial experience in the sector, totaling about $17 billion of CRE experience over the past eight years, and they have trained at prominent firms such as Blackstone, Clarion Partners, Rockwood Capital, and Townsend. Historically, Crestlight has partnered with institutional investors to purchase properties, leveraging collaboration to execute acquisitions. In recent activity, Crestlight partnered with Sabal Capital Partners to acquire a four-property industrial portfolio totaling 1.1 million square feet near the Detroit Metropolitan Wayne County Airport. The company operates with a small team and pursues opportunities within its target markets from its Detroit base.