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Great Plans Capital Management

GREAT PLANS CAPITAL MANAGEMENT, LLC is a state-registered investment adviser in CARY, NC. The firm manages approximately $10 million in regulatory assets.

Great Plans Capital Management

GREAT PLANS CAPITAL MANAGEMENT, LLC is a state-registered investment adviser in CARY, NC. The firm manages approximately $10 million in regulatory assets. It has 2 employees and 1 investment adviser.

General information

Firm type

Asset Manager

Year founded

2019

Location

Region

North America

Country

United States

City

Cary

Corporate office

Chicago, IL, United States

Principals

Craig Karmin

Managing Partner

Sector focus

Real EstatePrivate Credit

Frequently asked questions

Who runs investment decisions at Great Plans Capital Management?

Craig Karmin, the firm's Managing Partner and founder, leads all investment decisions. Karmin built the underwriting framework himself, drawing on a career that included senior structured-finance roles at UBS and JP Morgan. The firm does not publicly list an investment committee or additional voting members beyond Karmin.

Does Great Plans participate in fund commitments or only direct loans?

Great Plans originates loans directly; there is no public evidence it makes LP commitments to external real estate funds. The firm markets itself to sponsors as a direct balance-sheet lender, not an intermediary or fund-of-funds.

Which geographies and property types does the firm focus on?

The firm concentrates on the Midwest — anchored by its Chicago base — and the Sun Belt. Property types include value-add office, light industrial, retail, and multifamily. The common thread is transitional assets where a sponsor needs capital to execute a business plan that a local bank cannot or will not finance at that moment.

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