3.11x
Matheson Capital is a real estate investment firm based in Charleston, South Carolina. Through value-add strategies and a focus on the Southeast, we strive to deliver above market returns. Since the start of 2018, we have completed over a dozen acquisitions and realized an average investor IRR of over 35%. Prior to forming Matheson Capital, founders Will and Evan worked as commercial brokers for Marcus & Millichap in Raleigh, NC. In just two years, they completed over 50 investment sales transactions totaling over $200 million as a part of the region's top team.
These guys are an excellent sponsor. I invested in one deal, which returned over 30% IRR and now have invested in others. They are subject matter experts & PATIENT! Unlike (most) other sponsors who do deals just do do deals (and accumulate fees), these guys wait for the right deals. This is critical. I look forward to doing more with them!
I was never left wondering how my money was being used or what the most recent project update was. I received constant communication regarding tailwinds and headwinds, which I appreciated. It's also clear that Matheson understands current/future value and places a heavy emphasis on basis because that is what protects you when the market takes a turn for the worse. Would certainly invest again.
I have invested in multiple opportunities with Matheson Capital over the past four years, and my experience has been outstanding. Evan and Will are exceptionally knowledgeable, professional, and conscientious, which gives me complete confidence when investing with them. They make the entire investment process seamless and are consistently timely, transparent, and thorough with their communications and reporting. Because of the trust I've developed in their team, I've introduced several friends to Matheson Capital, and many of them have since become investors as well. I highly recommend Matheson Capital to anyone looking for a knowledgeable, trustworthy, and investor-focused partner.
We've done several investments with Mathcap and have been impressed with their diligence, management, and returns. I highly recommend them for investors looking for experienced and aligned operators.