Capital Commercial Investments

What Capital Commercial Investments does

Capital Commercial Investments, Inc. (CCI) is a privately held real estate investment firm founded in 1992 by Doug Agarwal in Austin, Texas. The firm pursues a contrarian value-add strategy, acquiring underperforming or temporarily impaired institutional-quality commercial properties — office, industrial, multi-family, and land — across the United States, with a heavy concentration in the Sun Belt and particularly Texas. Investments are executed through single-purpose investment vehicles, offered to accredited investors via Reg D 506(c) private placements as Class A limited partnership shares (minimum $25,000 for a quarter share, $100,000 for a full share) and secured promissory notes with monthly or accrued interest. CCI's stated Capital Preservation First philosophy prioritizes investor preferred returns before sponsor cash flow.

CCI's core capabilities span acquisitions, asset management, and development. The firm manages approximately 8 million square feet of properties for private and institutional investors and has, through its development arm, owned and operated over 16 million square feet and developed over 60 buildings. Asset management relies on in-house Argus-trained financial analysts who build pro-forma and current models for buying, selling, or holding decisions. The platform is supported by Juniper Square for investor onboarding and reporting. Revenue is generated through four streams: LP share and note sales, asset management fees, property transaction fees, and sponsor promote participation in successful exits.

CCI serves accredited individual investors, high-net-worth and ultra-high-net-worth individuals and families, single family offices, registered investment advisors, and self-directed IRA custodians. Distribution is primarily referral-driven through a network of more than 1,000 existing investors, supplemented by crowdfunding platforms (Crowdstreet.com, LPShares.com) and digital advertising. As of 2025, the firm reports $1.7B+ in assets under management spanning 11.8M+ square feet across 60+ active partnerships and 220+ cumulative limited partnerships. CCI maintains regional offices in Dallas and Houston alongside its Austin headquarters, and has recently opened a European capital-raising operation.

Name

Capital Commercial Investments

Legal name

Capital Commercial Investments, Inc.

Website

https://capitalcommercial.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Capital Commercial Investments is a privately held Austin, Texas-based real estate investment firm founded in 1992 that acquires and repositions undervalued commercial properties through Reg D 506(c) private placements, serving accredited investors, RIAs, and family offices with $1.7B+ in AUM.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Other Investment Pools and Funds (5259), Miscellaneous Intermediation (52391)

SIC

Investors, Nec (6799), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

akta.pro secondary industry

Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)

Keywords

• Commercial real estate investing
• Value-add real estate
• Private placement offerings
• Asset management services
• Real estate development

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Limited Partnership Share Sales: CCI conducts investment activities through single purpose investment vehicles in commercial real estate. Investors purchase LP shares in partnerships that hold title to properties, with preferred returns paid to investors before CCI receives cash flow benefits.
2. Secured Promissory Notes: CCI offers secured promissory note investments where investors receive interest payments (paid by first of following month) or can elect to defer and accrue until note maturity. Interest is treated as ordinary income with 1099-INT forms issued.
3. Asset Management Fees: CCI manages approximately 8 million square feet of properties for private and institutional investors, generating management fees from portfolio oversight and asset management services.
4. Property Transaction Fees: CCI acquires and repositions commercial properties for sale, generating transaction-based revenue through property acquisitions and dispositions at premium pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Capital Commercial Investments (CCI) is a real estate private equity firm that identifies and acquires undervalued commercial properties (office, industrial, multi-family, and land) across the United States. It packages these acquisitions into Reg D 506(c) private placement offerings sold to accredited investors as Class A limited partnership (LP) shares or secured promissory notes, while providing ongoing asset management, repositioning, and development services through single-purpose investment vehicles.

Product overview

Capital Commercial Investments is a real estate private equity firm that operates a multi-product investment platform offering value-add commercial real estate investments. The core offering consists of Private Placement Reg D 506(c) offerings through LP shares and secured promissory notes, complemented by comprehensive Asset Management Services using Argus financial modeling, and Real Estate Development capabilities. The company structures investments through Single-Purpose Investment Vehicles per asset, targeting office, industrial, multi-family, and land properties across the Sun Belt region. The platform manages approximately $1.7 billion in assets under management spanning 11.8 million square feet.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Placement Investment Offerings (Reg D 506(c))
• Asset Management Services
• Real Estate Development
• Single-Purpose Investment Vehicles

Quantifiable outcome

• CCI Burleson I achieved 43.16% IRR with 6.50x equity multiple over 66 months hold period
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• CrowdStreet: CrowdStreet is an online private placement marketplace for commercial real estate, allowing individual accredited investors to participate in LP-style offerings. CCI itself is listed on CrowdStreet, making it both a partner and a comparable platform competing for the same accredited-investor LP base.
• EquityMultiple: EquityMultiple is an online platform offering private placement LP and debt investments in commercial real estate to accredited investors. It competes with CCI's direct-investment platform for the same accredited-investor audience using a similar Reg D-style structure.
• PCCP, LLC: PCCP is a middle-market commercial real estate private equity firm managing equity and debt capital across property types. It is comparable to CCI in deploying LP-style capital into value-add and opportunistic commercial real estate in the US.
• AEW Capital Management: AEW is a real estate investment manager operating pooled funds and separate accounts across US commercial real estate. It is comparable to CCI in sourcing LP capital and deploying it into value-add and core-plus commercial real estate strategies.
• Cityview: Cityview is a middle-market real estate investment firm focused on value-add multifamily and mixed-use development across US Western markets. It is comparable to CCI in deploying LP capital into value-add commercial real estate via syndications to accredited investors.

Emerging players

• Fundrise: Fundrise operates an online platform for private commercial and residential real estate investments, including LP and debt structures. While it serves a broader and lower-minimum audience than CCI, it competes for the same retail-accredited capital pool for private real estate offerings.

Broad incumbents

• JLL Capital Markets: JLL's Capital Markets group provides investment sales, equity placement, debt placement, and recapitalization advisory across US commercial real estate. It overlaps with CCI's equity placement, JV syndication, and capital raising capabilities but as part of a much broader global services platform.
• CBRE Capital Markets: CBRE's Capital Markets division provides debt and equity placement, JV structuring, and recapitalization advisory in commercial real estate. Roger Shipp of CCI previously worked at CBRE (team bios), and CBRE's capital advisory work directly overlaps with CCI's equity and debt raising functions.
• Marcus & Millichap: Marcus & Millichap is a commercial real estate investment sales and financing brokerage with a broad multi-market platform. CCI's acquisition and disposition activities overlap with MMI's investment sales capabilities, and CCI team members have come from MMI (Ben Sobczak).

Regional players

• Walker & Dunlop: Walker & Dunlop is a commercial real estate finance company providing debt origination, equity placement, and investment sales. Bo Rodman leads CCI's capital markets/debt efforts, directly overlapping with Walker & Dunlop's debt placement business for commercial real estate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Commercial Investments