SLATE PROPERTY GROUP

Martin Nussbaum and David Schwartz serve as principals. Nussbaum previously held senior roles at American Realty Capital, where he was involved in the acquisition and management of single-tenant net-leased properties. Schwartz also came through the ARC organization. Together they make investment decisions directly, without an external investment committee.

SLATE acquired the advisory contract and a portfolio of net-leased properties from entities affiliated with Nicholas Schorsch's American Realty Capital network following the wind-down of several ARC-managed non-traded REITs. Both principals previously held roles within the ARC organization. SLATE operates independently with no ongoing affiliation to Schorsch or his current ventures.

SLATE sources primarily through established brokerage relationships in the net-lease sector, including firms such as Marcus & Millichap, B+E, and Stan Johnson Company. The firm also acquires portfolios from financial institutions and corporate sale-leaseback transactions. Given the principals' extensive tenure in single-tenant net-lease markets, a material portion of deal flow comes through repeat seller and intermediary relationships.

SLATE does not publicly market commingled real estate funds to institutional investors or high-net-worth individuals. The firm appears to operate with partner equity and debt financing on an asset-by-asset basis, similar to a single-family office. They are not registered as an investment adviser reporting to the SEC with a Form ADV.

SLATE focuses exclusively on stabilized, income-producing commercial real estate with existing net leases. The firm targets single-tenant assets with remaining lease terms of seven years or longer, occupied by investment-grade or creditworthy tenants. Target sectors include retail, industrial, and office properties, with a preference for necessity-based retail and last-mile distribution facilities.

SLATE does not pursue ground-up development, hospitality, multifamily, or senior housing. The firm avoids speculative leasing risk, concentrating instead on properties with existing in-place cash flow and single-tenant occupancy. It also does not invest in securities, credit instruments, or operating businesses outside of real estate.

SLATE does not publicly syndicate co-investment opportunities. The firm appears to acquire assets directly through special-purpose entities with partner equity and institutional debt. Joint ventures with other operators have been reported on individual acquisitions, but SLATE does not operate a public co-investment program.