Forge Partners
Forge Capital Partners is a Tampa-based private real estate investment manager that sponsors closed-end private equity funds focused on grocery-anchored retail centers across the Southeastern US and Puerto Rico, having executed over $1 billion in transactions since 2001.
- Company typePrivate
- Founded2001
- HeadquartersTampa, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Forge Partners firmographics
Firmographics- Name
- Forge Partners
- Legal name
- Forge Capital Partners, LLC
- Website
- https://forgecapitalpartners.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Forge Capital Partners is a Tampa-based private real estate investment manager that sponsors closed-end private equity funds focused on grocery-anchored retail centers across the Southeastern US and Puerto Rico, having executed over $1 billion in transactions since 2001.
- Ownership category
- akta.pro rank
Forge Partners industry classification
Industry- Product category
- Commercial Real Estate Investment Management
- NAICS
- Other Financial Vehicles (525990), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)
- akta.pro primary industry
- Real Estate Funds — Opportunistic / Development (FSANAEAI)
- akta.pro secondary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Forge Partners is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Forge Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Fund Management Fees: Revenue generated through management fees from four closed-end private equity funds: Forge Real Estate Partners III, LP, Forge Real Estate Partners IV, LP, Forge Real Estate Partners V, LP, and Community Reinvestment Partners II, LP. The firm also manages third-party capital through joint ventures.
- Property and Asset Management: Full array of asset management services including property and portfolio level accounting, investor reporting, rent collection, accounts payable, cash management, financial reporting, tenant billing and property budgeting.
- Brokerage Services: Forge Realty Services (FRS) provides investment acquisitions, investment sales, leasing, and site selection services for retail, restaurants and investment properties.
- Development and Construction Management: Forge Development Group (FDG) develops retail, residential, mixed-use projects and provides construction management services for investment partnerships.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Forge Partners product offering
Product offeringCore offering
Forge Capital Partners sponsors closed-end private equity real estate funds that acquire, develop, and manage grocery-anchored neighborhood and community shopping centers (50,000-150,000 SF) in the Southeastern U.S. and Puerto Rico. Through affiliated operating companies—Forge Capital Management, Forge Property Management, Forge Development Group, and Forge Realty Services—the firm delivers investment management, property and asset management, brokerage/leasing, and construction/development services to institutional investors, joint-venture partners, and high-net-worth individuals.
Product overview
Forge Capital Partners is a diversified, commercial real estate investment and investment management company that operates as a single unified platform. The company carries out its business strategy by sponsoring real estate-oriented private equity funds (Forge Real Estate Partners III, IV, and V) and through an affiliated group of companies providing complementary services: Forge Capital Management handles investment management and fund operations, Forge Property Management provides property management, Forge Development Group executes development and redevelopment projects, Forge Real Estate Services delivers asset management support, and Forge Realty Services (FRS) offers brokerage, leasing, and site selection services. Together, this integrated ecosystem enables the company to acquire, develop, manage, and dispose of grocery-anchored retail properties throughout the Southeast.
Differentiator
Problem solved
Functional benefit
Brands
- Forge Capital Management: Real estate private equity investment and investment management company providing investment identification, due diligence, transaction processing, asset management, property and fund level accounting, and investor reporting.
- Forge Property Management
- Forge Development Group
- Forge Realty Services
- Forge Real Estate Partners Funds
Products and services
- Forge Real Estate Partners III, LP Closed-end private equity real estate fund that invests in grocery-anchored shopping centers throughout the Southeast U.S. and Puerto Rico, sponsored and managed by Forge Capital Partners for institutional investors and high-net-worth individuals.
- Forge Real Estate Partners IV, LP Closed-end private equity real estate fund that invests in grocery-anchored shopping centers throughout the Southeast U.S. and Puerto Rico, sponsored and managed by Forge Capital Partners, used to execute acquisitions including Daniels Crossing and Kennesaw Walk.
- Forge Real Estate Partners V, LP Fifth closed-end private equity real estate fund that invests in grocery-anchored shopping centers throughout the Southeast U.S. and Puerto Rico, sponsored and managed by Forge Capital Partners.
- Community Reinvestment Partners II, LP Private equity real estate fund managed by Forge Capital Management that focuses on socially responsible investments in commercial real estate, particularly in low-to-moderate income communities across the Southeastern United States.
- Forge Capital Management (FCM) Real estate private equity investment management company providing investment identification, underwriting, due diligence, transaction processing, asset management, property and fund level accounting, and investor reporting for the Forge Real Estate Partners funds and joint ventures.
- Forge Property Management Comprehensive property management services across Forge's owned and managed grocery-anchored retail portfolio, focused on maximizing value through efficient transitions, lower operating costs, and accurate property accounting and reporting.
- Forge Development Group (FDG) Developer of retail, residential, and mixed-use projects that acquires well-located assets with redevelopment potential, develops new multifamily communities, multi-tenant shopping centers, and mixed-use urban infill projects on behalf of investment partnerships.
- Forge Realty Services (FRS) Tampa-based full-service commercial real estate brokerage focused on retail, restaurants, and investment sales and leasing, providing investment acquisitions, investment sales, leasing, and site selection services.
Quantifiable outcome
- Over $1 billion in commercial and multi-family residential real estate transactions executed since 2001
- +2 more outcomes
Companies that use Forge Partners
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Forge Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Forge Partners partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- JLL Capital MarketsminorJLL Capital Markets served as the exclusive investment sales advisor and broker for the $80.25 million sale of the Plazas of Puerto Rico portfolio. JLL has also facilitated other transactions including the sale of Daniels Crossing to Publix.
- The Sembler CompanycorePrimary joint venture partner for multiple Forge Real Estate Partners funds (III, IV, and V). Sembler, formed in 1963, has developed over 350 properties throughout the Southeast and Puerto Rico totaling 29 million square feet. The partnership has acquired, developed, or redeveloped over 40 properties valued over $1 billion.
- Artemis Real Estate PartnerscoreJoint venture partner in MACH II FCP Investments LLC for acquiring and operating grocery-anchored shopping centers including Grove Park Shopping Center, Indian Rocks Shopping Center, and other properties. Artemis is an investment manager based in metropolitan Washington, DC with approximately $5.8 billion of capital raised across core, core plus, value-add and opportunistic strategies.
- DeBartolo DevelopmentcoreJoint venture partner in Community Reinvestment Partners II, LP for the acquisition and development of retail properties including Horizon Park Shopping Center (215,713 SF) in Tampa, Florida.
- Atlantic American Partners, LLCminorRelated diversified investment company with interests in real estate development and private equity fund management. Both companies operate independently but share common principals with Forge.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Forge Partners competitors and assessment
Company assessmentDirect peers
- EDENS: Private retail real estate owner/operator focused on high-quality, urban-infill shopping centers (and a documented Forge counterparty on Springdale Shopping Center). Competes for similar grocery-anchored and mixed-use infill assets in the Southeast.
- Regency Centers Corporation: Public grocery-anchored shopping center REIT that owns, operates and develops neighborhood and community centers anchored by dominant grocers. Directly comparable to Forge's strategy and target property profile (50,000–150,000 SF infill centers).
- Phillips Edison & Company: Public internally-managed net-lease REIT focused on necessity-based shopping centers anchored by grocery and daily-needs tenants. Closely comparable to Forge's anchor-tenant strategy and target tenant profile.
- Jamestown: Private real estate investment and management company focused on opportunistic and value-add retail, mixed-use and office investments. Comparable to Forge in firm size, private equity fund structure and opportunistic retail strategy.
- Artemis Real Estate Partners: Private real estate investment manager with ~$5.8B of capital across core, core-plus, value-add and opportunistic strategies. Active JV partner of Forge via MACH II FCP Investments and competes for the same grocery-anchored opportunity set.
- Kimco Realty: Large publicly traded retail REIT focused on open-air, grocery-anchored shopping centers across the US. Direct competitor for grocery-anchored deal flow with materially larger balance sheet and lower cost of capital.
- Federal Realty Investment Trust: Public REIT investing in grocery-anchored community and neighborhood shopping centers in high-density coastal markets. Direct competitor for premium infill grocery-anchored assets.
- Brixmor Property Group: One of the largest publicly traded grocery-anchored open-air shopping center owners in the US. Competes with Forge for similar infill, necessity-anchored assets and serves many of the same institutional investors.
- Kite Realty Group Trust: Public REIT specializing in high-quality, grocery-anchored open-air shopping centers in growth markets. Overlaps directly with Forge's necessity-anchored, infill-focused acquisition thesis.
- Longpoint Realty Partners: Private real estate investment firm focused on grocery-anchored shopping centers, with a documented Forge counterparty on Grove Park Shopping Center. Closely overlaps with Forge's anchor-tenant, infill thesis.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Forge Partners social profiles
Digital presenceForge Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forge Partners leadership team
Management profileNumber of profiles
Profiles8 records
Forge Partners subsidiaries and ownership
Company hierarchySubsidiaries4 records
Forge Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forge Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forge Partners
What does Forge Partners do?
Forge Capital Partners sponsors closed-end private equity real estate funds that acquire, develop, and manage grocery-anchored neighborhood and community shopping centers (50,000-150,000 SF) in the Southeastern U.S. and Puerto Rico. Through affiliated operating companies—Forge Capital Management, Forge Property Management, Forge Development Group, and Forge Realty Services—the firm delivers investment management, property and asset management, brokerage/leasing, and construction/development services to institutional investors, joint-venture partners, and high-net-worth individuals.
Is Forge Partners a public or private company?
Forge Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Forge Partners founded?
Forge Partners was founded in 2001. It employs 1 to 10 people.
Where is Forge Partners based?
Forge Partners is headquartered in Tampa, United States, in the North America region.
How does Forge Partners make money?
Four revenue lines are on record. Fund Management Fees are the primary driver. The others are property and Asset Management, brokerage Services and development and Construction Management.
Who are Forge Partners's main competitors?
Direct peers on record are EDENS, Regency Centers Corporation, Phillips Edison & Company, Jamestown, Artemis Real Estate Partners, Kimco Realty, Federal Realty Investment Trust, Brixmor Property Group, Kite Realty Group Trust and Longpoint Realty Partners.
Does Forge Partners have an API?
No public API is recorded for Forge Partners.
What industry is Forge Partners in?
Forge Partners's product category is Commercial Real Estate Investment Management. Its primary akta.pro industry code is FSANAEAI, Real Estate Funds — Opportunistic / Development, with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 525990 and its SIC code is 6532.