Press Release
Austin, Texas – Next Frontier Real Estate Holdings (Next Frontier), an Austin-based commercial real estate asset management firm, has launched two $50MM funds to invest in opportunistic and distressed commercial property assets, commercial paper backed by real estate, and recapitalization opportunities throughout Central Texas and beyond. On the heels of rising interest rates and declining commercial property values, Next Frontier is steadfast in opportunity amidst economic uncertainty and distress. Next Frontier is well positioned to introduce savvy and highly strategic real estate investments in some of the nation’s fastest growing and most promising marketplaces.
Next Frontier’s initial offering portfolio consists of one $50MM non-exclusive property asset fund and one $50MM Qualified Opportunity Zone (QOZ) fund for investment exclusively in rapidly expanding urban-adjacent opportunity zones. Next Frontier works with banks, servicers, receivers, brokers, property managers and owners to uncover promising off-market opportunities and loan workout solutions.
Next Frontier Real Estate Holdings, alongside its service-based subsidiary Next Frontier Realty, has partnered with the Sperry Commercial Global Affiliates’ (SperryCGA) Commercial Property Resolution (CPR) team to bring recapitalization and underwriting solutions to challenged commercial assets with maturing loans, a low DSCR or high LTV. For more information on SperryCGA’s CPR initiative, please click here.
Next Frontier was founded in 2022 by Richard Edison, with a vision of reimagining real estate investment opportunities in an economic downturn. A retired US Army Captain and 30-year executive asset management veteran, Mr. Edison oversaw the founding, management, and sale of Spectrum Capital Partners, one of Wall Street’s largest proprietary long/short trading firms. Prior to that, Mr. Edison was a Managing Director of Asset Management Consulting at Bear Stearns and Gruntal & Co.
He most recently was a Managing Partner at REBEL Realty Investments, a commercial real estate investment firm which liquidated all property assets in 2022 at an average annualized return of 47.8%, net of fees. Mr. Edison and the Next Frontier team are striving for a similar level of success with this latest offering, and are currently welcoming both individual and institutional capital.
For more information, visit Next Frontier’s public deal room here.
To discuss investment opportunities and for all other inquiries, please contact the Next Frontier team using the information below.
Contacts
Richard Edison – Managing Partner – redison@nextfrontier-re.com – (512) 994-0154
Zhane Thomas – Director of Operations – zthomas@nextfrontier-re.com – (915) 241-3324
© 2023 Next Frontier Real Estate Holdings, LLC. All Rights Reserved.