News Release: Cadence Capital Partners opens new office in the Minneapolis-St. Paul area

Growing equity and debt intermediary with offices in Denver and Chicago opens a third regional office to focus on connecting capital providers to capital users in the Twin Cities area and throughout the Midwest

DENVER, CHICAGO and MINNEAPOLIS, March 20, 2019 – Cadence, a growing capital markets intermediary with a primary focus on raising equity for commercial real estate developers and sponsors, announced today the opening of a new regional office in the greater Twin Cities area. The new office, located at 3601 Minneapolis Drive, Minneapolis, MN 55435, is the third for Cadence, which also has offices in Denver and Chicago.

The Minneapolis-St. Paul regional office, with its dedicated team, will strengthen the company’s Midwest presence and provide developers, sponsors and providers of capital in the MSP area with another choice for capital raising, says Managing Principal Michael Bennett.

“At Cadence, we focus on LP and Co-GP (limited partner and co-general partner) equity first.  Not many of our competitors, even at the large shops, can say that. Our process of hitting both the known capital providers and family offices is a big differentiator.  I’m not worried about giving away the secret sauce, because frankly equity is hard, and other firms focus primarily on debt because of that,” Mr. Bennett says.

“Our equity relationships are balanced between private equity, institutional, and single family offices.  We run a complete process to source not only the right economic fit, but also the right cultural fit.  We are doing ground-up construction and other acquisitions from life sciences in the Pacific Northwest, to condos in Sarasota.  We cover all property types and all markets.  On the debt side our platform continues to win assignments from institutional and private clients.  Construction, bridge, mezzanine, agency, and CMBS are areas we continue to build a substantial track record”

Matt Maney will run business development on both equity and debt for Cadence in the Minneapolis office.  Mr. Maney focuses on all asset classes. Prior to Cadence, he was a Vice President at VennPoint Real Estate and was responsible for underwriting, sourcing, closing, and managing opportunistic commercial real estate investments. He also held positions on the Chicago multi-housing team of HFF and at Wynnchurch Capital, a private equity firm investing in middle-market  companies in the United States and Canada.  Mr. Maney holds a Bachelor of Arts in Finance from the University of Denver’s Daniels College of Business. In his spare time, he enjoys competing in Brazilian jiu-jitsu, boxing and rock climbing.

ABOUT CADENCE CAPITAL PARTNERS

Cadence was formed to solve what is often the most time consuming and vexing aspect of a real estate development or acquisition: the capital raise process. Outside of the handful of “usual suspects” for real estate debt and equity, sponsors don’t have the time or resources to investigate multiple options. In addition, as time goes on and aspirations increase, sponsors can outgrow their go-to capital sources. A sponsor’s time and energy spent in the capital raise process detracts from their true passion: acquiring or building quality real estate. In the end, we understand that sponsors face a myriad of obstacles before breaking ground or acquiring an asset, but we believe capital raise need not be one of them.

The Cadence Team is passionate about connecting capital providers to capital users and serving as a conduit to alternative sources of capital. Cadence relies on a shared, ever-expanding debt and equity list of providers that seek best-in-class sponsors. We continually foster our existing capital relationships and create new ones, leading to positive transaction outcomes for you, our client. We hope you’ll consider partnering with Cadence to help with your real estate strategy.

For additional information, please visit CadenceREC.com.

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