Commercial real estate investment firm Brixton Capital has hired Craig Boone as asset manager. He will serve as Brixton’s primary representative in Texas, where Brixton plans to significantly expand its portfolio of multi-family properties.
Boone is responsible for execution of the strategic plans for all Brixton’s multi-family assets under management in Texas and throughout the Western states. He will work closely with property management firm UAG.
“Our firm currently owns approximately 1,500 multi-family homes throughout multiple states, and we have a goal of adding approximately 10,000 multi-family units to our Texas portfolio over the next five years,” said Mark Selman, president of Brixton Capital. “Craig’s background in finance and asset management gives him a layered understanding of our business and the tools to help expand it. He will also help grow our asset management department, and his input will be valuable to our acquisitions team.”
Boone has a strong background in asset management, most recently with Lument Capital, where he was responsible for a nationwide portfolio of mortgage loans and similar investments in commercial income-producing properties, including apartments, healthcare facilities, office, retail and industrial assets.
Prior to Lument, Boone worked for Hunt Companies, Inc. as asset manager for its Hunt Military Communities. He managed the finances and oversaw operations of privatized military housing and convention single and multifamily properties, totaling over 14,500 units and $1 billion.
“I’m excited to return to the owner-operator side of commercial real estate,” said Boone. “I enjoy the entrepreneurial mindset and generating creative solutions, which I hope will play a key role in Brixton’s expansion in Texas and beyond.”
Boone attended the University of Texas at Austin, where he received a bachelor’s degree in Government and Economics, with a minor in business administration and Spanish.
About Brixton Capital
Brixton Capital is a preeminent private real estate investment firm that seeks to generate outstanding, risk-adjusted returns by unlocking embedded value in commercial real estate transactions spanning all property types. Headquartered in San Diego County’s Solana Beach, California, Brixton is led by a team of seasoned commercial real estate experts with an average of more than 25 years of experience. Brixton currently owns and operates a portfolio valued in excess of $1 billion, representing over 10 million square feet of retail, multi-family, office and land investments across the United States and Europe. For more information, visit www.brixtoncapital.com.