Westminster Capital

Westminster Capital is a deeply experienced real estate investment manager on behalf of private wealth capital
Founded in 1988, the firm is headquartered in Lake Forest, Illinois
Over 25 years managing complex real estate matters for private investors and family offices
The background and experience of the firm’s partners range from development of global real estate strategies for Fortune 100 companies to construction and management of investment portfolios

Investment Programs

Private client work includes investment funds and private accounts totaling approximately $748 million of investor capital
U.S. and European families, as well as their private foundations, participate
Westminster Capital utilizes a disciplined, value-investing methodology for small-cap to mid-cap real estate
Maintain defensive posture to reduce pressure to sell due to recession, debt levels, or interest rates

$392 million of private equity capital for eight income-property Westminster Funds
Closed-end funds seeking better risk-adjusted returns at lower cost
Invest primarily in existing, leased small to mid-size properties – SMID Value
Highly diversified by property type, size, geography, tenant credit, and granularity
Seek to acquire under-managed, poorly capitalized institutional-quality assets
Single property, non-auction buys generate higher margins

$208 million of equity capital for Westminster CCRC Investors I & II
Joint-venture with Life Care Services LLC to build and own Life Plan Communities (LPCs)
Own 3 LPCs today – All open, with phased-development in-process
LCS-Westminster today is the largest private owner-operator of LPCs in the U.S.

$104 million of equity capital for Westminster Realty Partners I & II
Seeking IRR net to investors of 15%
Investing primarily in medical office, apartments, industrial/distribution, and senior living

Presently, $44 million of equity capital in two investment vehicles
Both are portfolios of “Opportunistic” (≥19% IRR) property investments
3rd Opportunistic investment portfolio presently in formation for a client family office