Prime One Capital Founder, J. Peterschmidt, Builds on Past Successes

May 4, 2010 - PRLog -- J. Peterschmidt, founder of Prime One Capital, is working hard to tease decent deals out of a challenging environment. Since the close of his $510m debut fund, J. Peterschmidt has worked steadily through eight deals on behalf of the 20 institutional investors backing him.

Peterschmidt closed, a 60% stake in a residential-led development, expected to exceed $300m in value. Peterschmidt applauds efforts to reform the local economy and says he is interested in “well-located, distinctive housing projects, offering value for money to a broad swathe of middle-market buyers”.

Peterschmidt says that although the investment focus may change, his fundamental strategy never alters. His mantra runs as follows: “Potentially prime assets, good locations, work your butt off, find the right partners, do not overstretch yourself, never put yourself in a position where you might have to sell. ‘Just because everything has changed doesn’t mean everything’s different.’ I think that captures something of what’s going on today.” Peterschmidt accepts he is unlikely to outperform in every market.

He said: “We underperform the benchmark in some periods of the cycle, but aim for outperformance through the cycle as a whole. The fact is that you can make money in any market – it’s just a lot harder in a down market.”

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Prime One Capital assists clients with traditional commercial financing request but our speciality is working on real estate and commercial transactions that require creative structuring.