Isles Ranch Partners, a real estate investment and asset management firm, has appointed Patrick Downes as managing director. Downes is managing partner of D Capital LLC, a new affiliate of IRP. He was also a co-founder of Premium Point Investments LP.
Newport Beach, CA, March 5, 2019- Isles Ranch Partners, a real estate investment and asset management firm that has invested and managed in excess of $850 million in US residential housing opportunities announced today that Patrick Downes has joined as Managing Director. Mr. Downes will also be a member of the Investment Committee and management team. He will be based in CT and NY.
Tom Orradre, Isles Ranch Founder and Managing Partner commented:
“We are thrilled to have Patrick join our team. His creativity and forward-thinking perspective will help Isles Ranch grow our investment and asset management platform. Patrick will help run the business and spearhead strategic business development and capital market opportunities.”
Patrick is also the Managing Partner of D Capital LLC, a new affiliate of IRP, which will provide the Institutional platform for these initiatives.
Prior to founding D Capital / joining IRP, Patrick was a co-founder of Premium Point Investments, LP, an alternative private equity investment firm focusing on US residential investment securities and whole loans. Earlier, Patrick spent almost 20 years working at major investment banks including Deutsche Bank, Greenwich Capital and Salomon Brothers in the capital market groups as a senior member focusing on the US residential capital markets.
“Joining the Isles Ranch team is an exceptional opportunity,” Patrick Downes explained, adding “We believe the evolution of the residential housing asset class will continue to offer compelling investment opportunities for our investors and partners.”
About Isles Ranch Partners:
Isles Ranch Partners is a real estate investment and asset management firm focused on residential housing investment opportunities throughout select markets in the US. Since inception in 2012, the firm has invested in 40 residential development projects via joint venture partnerships representing a total capitalization of $850 million comprised of 11,000 lots and across 11 major MSAs. The Isles Ranch Partners headquarters are in Newport Beach CA, and also has offices in Dallas TX and Greenwich CT.
For more information, visit: https://www.islesranch.com/