The founding partners of Parallel Capital, Matt Root, Jim Ingebritsen and Jim Reynolds, ran the west coast Shidler Group platform as Managing Partners for over 20 years. They have acquired, financed, operated, and disposed of over 20 million square feet of real estate assets valued in excess of $4 billion, predominantly located on the west coast and Hawaii.
The Founders have arranged and structured over $2 billion of both equity and debt positions and have direct experience dealing with all levels of the capital stack, including equity, preferred equity, programmatic equity, senior secured debt, subordinated notes, mezzanine financing, and the conversion of real estate interests into securities. They are active owner/operators in the western United States with a collective 75 years of experience in commercial real estate, investing in the formation and capitalization of real-estate related companies and new investment initiatives, including the acquisition and ownership of individual properties and portfolios. They have developed and cultivated enduring joint venture relationships, having sourced
and structured 45 separate joint ventures valued at over $1.5 billion. Central to the founders’ success is a disciplined, research-driven approach to evaluating concepts and transforming ideas into profitable businesses and investments.