About Eastham Capital

Eastham Capital was founded by Matt Rosenthal and Eric Silverman. Combined, Matt and Eric have over fifty years of extensive multifamily real estate investment, finance and management experience, including:

  • Multifamily acquisition, management and disposition
  • Construction, renovation and rehabilitation
  • Mortgage financing and debt/equity restructuring
  • Resident screening and background checking

Prior to establishing Eastham Capital, Matt founded Stratford Management with Andrew Gordon. Stratford Management is a real estate investment firm that purchases and operates apartment and townhome communities that are considered “diamonds in the rough” and revitalizes them through acquisition, rehabilitation and improved management. Eric became affiliated with Stratford Management in 1997 as a limited partner investor.

Applying the experience Matt attained through Stratford Management and the industry knowledge Eric had acquired from years in the real estate business, they crafted a unique investment strategy for Eastham Capital. Launched in 2007, Eastham Capital now has developed five funds during its twelve years in business.

Eastham Capital Fund I, LP, Eastham Capital Fund II, LP and Eastham Capital Fund III, LP have all exited their last investments and have now concluded.

Eastham Capital Fund IV, LP, is fully invested in multifamily real estate and is now executing its business plans stabilizing properties, collecting cash flow and selling appreciated assets.  Fund IV has exited approximately 70% of its investments.

Eastham Capital Fund V, LP  had its final investor closing on December 6, 2017 at $215,000,000.  Fund V has invested about 70% of its capital into multifamily real estate projects.  This fund is currently executing its business plan to stabilize, collect cash flow from and then eventually sell its appreciated assets.

Eastham Capital Fund VI, LP is in formation and has begun fundraising.  This fund plans to have a first closing in late 2020/early 2021.  This fund will invest similarly to its predecessor funds.  Feel free to contact us for more information.

If you would like more information about investing in Eastham Capital Fund VI, LP, please contact us to receive our private placement memorandum.

 

The Purpose of The Eastham Capital Funds Is To:

  • Provide investors with superior risk-adjusted returns through investments in distressed residential real estate.
  • Invest in multifamily communities managed by a diverse network of local and regional real estate owners and operators (Manager/Developers) that have established successful track records of acquisition, renovation, management and disposition of distressed real estate assets.
  • These investment opportunities should, after a renovation period of 6 to 24 months, produce stable cash flows and be well-positioned for long-term capital gains.

(Of course, no offerings are implied without the prospectus.)

The Funds

Fund I

Eastham Capital Fund I, LP was a private equity real estate fund launched in September 2007. It was fully invested in U.S. multifamily real estate and had achieved solid asset growth with excellent cash flow distributions to investors since its inception. Fund I was deployed primarily in the State of Texas. In early 2016, Fund I realized returns on all of its remaining assets and has successfully concluded operations.

Fund II

Eastham Capital Fund II, LP was launched in July 2010. Fund II was fully invested in U.S. multifamily real estate and has provided investors with aggressive cash flow since its inception. Fund II has invested in properties in seven US states. In late 2012 Fund II commenced the profitable dispositions of some of its investments.  In March 2018, Fund II realized returns on all of its remaining assets and has successfully concluded operations.

Fund III

Eastham Capital Fund III, LP was launched in June 2012.  Fund III was fully invested in U.S. multifamily real estate and has produced excellent cash flow distributions since its inception.  In March 2018, Fund III commenced the profitable dispositions of its investments.  In August 2020, Fund III realized returns on all of its remaining assets and has successfully concluded operations.

Fund IV

Eastham Capital Fund IV, LP was launched in July 2014 and became fully invested in U.S. multifamily real estate.  Fund IV is producing significant cash flow for its investors.  In October 2016, Fund IV began the process of successfully exiting some of its investments.  To date, Fund IV has realized returns on approximately 70% of its assets.

Fund V

Eastham Capital Fund V, LP launched on June 1, 2017 and has since had its final closing at $215,000,000.  Fund V has invested approximately 80% of its capital into multifamily real estate to date.  Fund V is producing significant cash flow for its investors. Fund V has exited two of its investments very successfully.

We are currently in the market with Fund V looking for Manager/Developers to partner with for investing Fund V’s capital. If you are a multifamily real estate deal sponsor with an excellent track record and would like to discuss a potential partnership with Eastham Capital, please contact us.

Eastham Capital looks to build long-term multiple-project relationships with a number of preferred M/Ds. If you are an M/D who meets our investment criteria with a project that matches our strategy and would like to discuss a potential partnership with Eastham Capital, please contact us by completing the short form below.

Download Investment Criteria & Strategy Handout
Eastham Capital