Tate Capital

What Tate Capital does

Tate Capital LLC is a vertically integrated, privately held real estate investment firm founded in 2009 by brothers Kenneth 'Kenny' Tate and James 'Jimmy' Tate, headquartered in North Miami Beach, Florida. The firm sources, evaluates, acquires, manages, and disposes of distressed multi-family residential and select commercial real estate properties that generate income and are typically overlooked by less experienced investors or are too large and complex for buyers with insufficient resources. Cumulative acquisitions exceed $900 million to over $1 billion in institutional-grade real estate and distressed debt across at least six U.S. states (Florida, South Carolina, Tennessee, Alabama, Arizona, Louisiana), spanning hospitality, retail shopping centers, multi-family apartments, commercial office, and single-tenant net lease assets.

The company's core operating model is a vertically integrated platform — covering sourcing, analysis, valuation, purchase, servicing, management, and disposition — supported by what it describes as advanced risk management techniques and portfolio modeling capabilities, though no proprietary technology stack, AI/ML systems, patents, or software products are disclosed. The portfolio includes 15+ named properties, headlined by the Bahia Mar Resort Hotel & Marina in Fort Lauderdale (acquired 2014), the Omni Hotel, multiple shopping centers (Indian Trace, Greer Plaza, Patton Creek, McKay's Mill, Pecan Promenade, Riverstone Shoppes, Stirling Square), multi-family assets (Allure, Botanica, Surf Apartments), and single-tenant retail (CVS, Dollar Tree, Walmart). The flagship forward project is The St. Regis Resort and Residences at Bahia Mar, a $2 billion, 40-acre luxury development announced October 2024 in partnership with Related Group, Rok Acquisitions, and Marriott International.

Tate Capital's revenue model is asset-based rather than subscription or fee-based: the firm generates income through rental operations, property and asset management, and capital gains on disposition of owned real estate and distressed debt. Pricing is not publicly disclosed and investments are structured individually by property. The go-to-market is direct institutional and high-net-worth private placement, leveraging the Tate family's 75+ years of real estate heritage and long-standing institutional and governmental agency relationships. The firm is family-owned with no disclosed external institutional investors, PE backing, or public shareholders, and operates with 11-50 employees.

Name

Tate Capital

Legal name

Tate Capital LLC

Website

https://tatecapital.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Tate Capital is a family-owned, vertically integrated real estate investment firm that acquires and manages distressed multi-family residential and commercial properties across the United States. Founded in 2009, the firm has deployed over $1 billion across hospitality, retail, office, and residential assets, and is developing a $2 billion St. Regis-branded project in Fort Lauderdale.

Ownership category

akta.pro rank

Product category

Real Estate Investment & Asset Management

NAICS

Nonresidential Property Managers (531312)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Funds — Core-Plus (FSANAEAG)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Office Real Estate Asset Management (BPAJAMAG)

Keywords

• Distressed real estate investment
• Commercial real estate lending
• Multi-family property acquisition
• Asset management services
• Real estate portfolio investing

Headquarters

HQ city

North Miami Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Revenue model

1. Real Estate Investment and Asset Management: Tate Capital generates revenue through sourcing, acquiring, managing, and disposing of distressed multi-family residential and commercial real estate properties. The firm oversees all asset and property management of acquired properties, focusing on income-generating assets that are overlooked by less experienced investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Tate Capital is a vertically integrated real estate investment firm that sources, analyzes, values, purchases, services, manages, and disposes of distressed multi-family residential and select commercial real estate properties. The firm focuses on income-generating real estate assets that are overlooked by less experienced investors or are too large and complex for smaller investors, and also engages in commercial lending and distressed debt acquisition.

Product overview

Tate Capital is a vertically integrated real estate investment and commercial lending platform offering a comprehensive suite of services for institutional-grade real estate. The company's core offerings include distressed multi-family residential and select commercial real estate investment, distressed debt acquisition (over $1 billion acquired), and full-service property and asset management. The portfolio spans hospitality properties (Bahia Mar Resort Hotel & Marina, Omni Hotel), retail properties (shopping centers including Indian Trace, Greer Plaza, Patton Creek, McKay's Mill, Pecan Promenade, Riverstone Shoppes, Stirling Square), multi-family residential (Allure Apartments, Botanica Apartments, Surf Apartments), commercial office space, and single-tenant retail (CVS, Dollar Tree, Walmart). The flagship development project is The St. Regis Resort and Residences at Bahia Mar, a $2 billion luxury mixed-use development in Fort Lauderdale in partnership with Related Group, Rok Acquisitions, and Marriott International. The company leverages a disciplined investment philosophy developed through expertise gained during the REIT crises of the mid-1970s and the Savings & Loan and Housing crises of the late 1980s and early 1990s.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Investment and Asset Management Vertically integrated real estate investment platform sourcing, analyzing, valuing, purchasing, servicing, managing, and disposing of multi-family residential and commercial properties.
• Distressed Debt Acquisition Acquisition and servicing of distressed debt and real estate, with over $1 billion acquired in distressed multi-family and commercial debt throughout the United States.
• Commercial Lending Disciplined real estate and commercial lending activities guided by advanced risk management techniques and portfolio modeling capabilities.
• Bahia Mar Resort Hotel & Marina A world-famous resort, hotel, and marina located on Fort Lauderdale Beach, Florida, and home to the Fort Lauderdale International Boat Show.
• The St. Regis Resort and Residences at Bahia Mar A $2 billion, 40-acre development featuring two 23-story residential towers with 160 condominiums starting at $4.4 million and a 197-key St. Regis hotel, in partnership with Related Group, Rok Acquisitions, and Marriott International.
• 7300 Kendall Drive Office Building Office building property located in Kendall, Florida.
• Indian Trace Shopping Center Shopping center located in Sunrise, Florida.
• Greer Plaza Shopping Center Shopping center located in Greer, South Carolina.
• CVS Property (Miami) CVS retail property located in Miami, Florida.
• Allure Apartments Apartment complex located in Boca Raton, Florida.
• Botanica Apartments Apartment complex located in Mandeville, Louisiana.
• Surf Apartments Apartment complex located in Myrtle Beach, South Carolina.
• McKay's Mill Shopping Center Shopping center located in Franklin, Tennessee.
• Patton Creek Shopping Center Shopping center located in Hoover, Alabama.
• Pecan Promenade Shopping Center Shopping center located in Tolleson, Arizona.
• Riverstone Shoppes Shopping center located in Parkland, Florida.
• Stirling Square Shopping Center & Office Building Combined shopping center and office building located in Hollywood, Florida.
• Omni Hotel Hotel property managed as part of the real estate portfolio.
• Dollar Tree Property Dollar Tree retail property.
• Walmart Property (Miami) Walmart retail property located in Miami, Florida.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered flagship and core.

• Related GroupflagshipStrategic or Co-development Partner · 31 October 2024Related Group is co-developing The St. Regis Resort and Residences at Bahia Mar in Fort Lauderdale with Tate Capital. This $2 billion development spans 40 acres and includes two 23-story residential towers and a St. Regis hotel. Related Group is one of Florida's largest real estate developers.
• Rok AcquisitionsflagshipStrategic or Co-development Partner · 31 October 2024Rok Acquisitions is co-developing The St. Regis Resort and Residences at Bahia Mar project with Tate Capital and Related Group. This is a joint venture development partnership for the $2 billion luxury waterfront project.
• Marriott InternationalcoreStrategic or Co-development Partner · 31 October 2024Marriott International is partnering with Tate Capital, Related Group, and Rok Acquisitions to brand The St. Regis Resort and Residences at Bahia Mar. Marriott provides the St. Regis brand hotel operations including the 197-key hotel component of the development.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Related Group: One of Florida's largest real estate developers and Tate Capital's co-development partner on the $2 billion St. Regis at Bahia Mar project. Related Group operates a comparable multi-family, condominium, and mixed-use development platform in the same Sunbelt markets where Tate Capital invests.
• Kennedy Wilson: Global real estate investment company that owns, operates, and invests in multifamily, office, and commercial real estate, with a meaningful value-add and opportunistic strategy. Comparable to Tate Capital's vertically integrated commercial and multi-family investment approach, with a public-company capital base and broader geographic footprint.
• Tricon Residential: Institutional owner and operator of single-family rental and multi-family residential properties concentrated in the U.S. Sunbelt. Comparable to Tate Capital's multi-family residential strategy and geographic focus, though Tricon operates with public-company scale and a permanent capital vehicle.
• Rialto Capital Management: Specializes in real estate debt acquisition, servicing, and special situations, including distressed commercial real estate. Directly comparable to Tate Capital's distressed debt and real estate acquisition strategy and its vertically integrated servicing capability.
• Pretium Partners: Vertically integrated real estate investment firm focused on single-family rental and residential housing, including distressed opportunities. Comparable to Tate Capital's opportunistic, vertically integrated residential investment approach, though with a more residential-only mandate and significantly larger AUM.

Broad incumbents

• Starwood Capital Group: Large, diversified real estate investment firm that operates across multiple strategies including distressed and opportunistic real estate. Comparable to Tate Capital as a principal investor in commercial and residential real estate, but at materially greater scale with global reach and a permanent capital base.
• The Related Companies: Large-scale real estate development and investment firm with mixed-income, affordable, and luxury residential developments. Comparable to Tate Capital's multi-family and mixed-use development activity, particularly through the Related Group partnership on Bahia Mar, though at substantially larger scale.
• Oaktree Capital Management - Real Estate: Major alternative asset manager with a dedicated real estate opportunistic strategy that targets distressed and value-add real estate. Comparable to Tate Capital's distressed and opportunistic investment thesis, but operating with multi-billion dollar fund vehicles and a global sourcing network.
• Cerberus Capital Management - Real Estate: Alternative asset manager with a real estate strategy focused on distressed and undervalued opportunities across property types. Comparable in strategy to Tate Capital's distressed real estate approach, with a multi-strategy, multi-billion dollar fund structure.
• CIM Group: Real estate and infrastructure owner/operator investing in urban infill, mixed-use, multifamily, and office across U.S. gateway and Sunbelt cities. Comparable as a vertically integrated principal investor in income-producing real estate, but at materially larger scale with a permanent capital structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 Tate Capital