Equity Capital is comprised of an extraordinary team of real estate investment professionals with proven track records for delivering strong risk-adjusted returns for both institutional and accredited individual investors.
Equity Capital enjoys a remarkable blend of banking expertise, private equity investment experience and substantial underwriting ability with a nationwide network of high-quality commercial real estate developers.
eCAP’s principals have in excess of 100 years of collective experience financing, investing in, underwriting and/or managing income properties across the United States. Through their careers, eCAP’s principals have collectively financed and/or invested in greater than $10,000,000,000 of income property transactions.
With over 25 years of commercial real estate finance and investment experience, Mr. Francetic is responsible for coordinating the origination, underwriting, structuring, and closing of eCAP’s investments on behalf of our Investors. Mr. Francetic has served as the Director of Developer Finance for National Retail Properties, Inc. (NYSE: NNN – a publicly-traded REIT), managed KeyBank Private Equity Group’s Southeast Regional Office, served as Vice President and Chief Underwriter for Merrill Lynch Credit Corporation’s Commercial Real Estate Finance Program and was Vice President for ARCS Commercial Mortgage and Collateral Mortgage Capital. In these positions, Mr. Francetic has arranged and/or structured approximately $4,000,000,000 in capital for all income property types, delivering mezzanine debt, preferred equity, joint-venture equity, construction, bridge/interim and permanent financing through CMBS, Fannie Mae, Freddie Mac, commercial bank, life company and pension fund executions. Karl has been a guest speaker at numerous real estate finance and investment conferences on a national and regional basis – including ICSC, Crittenden and NAIOP events, along with being a guest lecturer for several major Universities’ Graduate School’s of Business. Karl@eCapInvestors.com
Mr. Minor is a co-founder and Managing Member of eCAP, where his responsibilities include origination, underwriting, deal structuring and investor relations activities. Mr. Minor has over 30 years of broad strategic, financial and operational experience across real estate development and investment, REITS, financial services and multifamily property management. During his career, Todd has negotiated and closed over $2,000,000,000 of real estate loans. His education includes an MBA in Real Estate Analysis and a BBA in Finance. He is a real estate broker in 24 States and earned, through the Association of Financial Professionals, the Certified Treasury Professional designation. Todd@eCapInvestors.com
Mr. Paccione is a Principal with eCAP responsible for origination and underwriting of real estate investment opportunities for our developer clients and investors. With over 35 years of success in real estate development and corporate management, his leadership and business management talents are a valuable asset to eCAP.
Throughout his executive career, Mr. Paccione has held leadership positions at companies including Jones Lang LaSalle, Advent Health, Red Horse Ventures, Hammes Company. Clients have included large municipalities, Fortune 500 corporations, not-for-profit organizations plus high-net-worth individuals and family offices. Assignments have included land, retail, hotel, healthcare, life sciences, multifamily, higher education and industrial development. Additionally, he led and managed the growth of Jones Lang LaSalle's Florida Region to over $1B in capital development. Mr. Paccione has cumulative experience in real estate exceeding $4B in value, 18MM square feet, and 68,000 acres.
Mr. Paccione received his MBA from the University of Central Florida and his BArch from the University of Miami. He has served as director and or member of United Against Poverty, Urban Land Institute, Bio Florida, Boy Scouts of America, and myregion.org. John@eCapInvestors.com
Ms. Harrington is an independent accredited investor and investment banker with a legendary career on Wall Street which began three decades ago. Ms. Harrington was managing director at Goldman Sachs, head of hedge funds and non-dollar sales in the fixed income division globally, and co-head of Barclays Capital Fixed Income and a member of the Barclay's management committee. Noreen was based in London for six years and built up numerous contacts throughout the world.
Noreen is more publicly recognized as the whistler-blower in the mutual fund scandals. Her efforts, along with Attorney General Eliot Spitzer, lead to the end of late trading and market timing abuses and created industry reforms that benefit and protect an estimated 95 million investors. To date, there has been over $5 billion in fines collected by various government agencies. More recently, Ms. Harrington has been in the news relating to a subpoena by Irving Picard in connection with his attempts to secure funds for the victims of the Madoff investment scandal.
Noreen resigned from MD Sass, a $7 billion investment management firm, at the end of 2015 where she was an alternative investment specialist. She worked with MD Sass since 2005 on the distribution and management of a “Fund of Hedge Funds” in a joint venture with Alternative Institutional Partners, LLC (AIP), where Ms. Harrington served as Managing Partner and Chief Investment Officer. Prior to starting AIP, she was an adviser to AAM, Alternative Asset Managers, LP, a private investment boutique with primary focus on providing seed capital to start-up hedge fund managers. She has built two investment platforms for the owners of the NY Mets and for the owners of the Hartz Mountain Group. She served as the Chief Investment Officer specializing in funds of hedge funds.
Ms. Harrington has a BS in education from Adelphi University and has received numerous industry awards: Titan of the Year 2003, Top Fifty Women in Finance (1997), Compliance Person of the Year 2003, and The Truthsayer Award. She is a founding member of 85 Broads, Goldman Sachs Women's Network, and 100 Women in Hedge Funds. She is also a trustee of Adelphi University.
Mr. Kobel is the President and Chief Operating Officer for DeBartolo Development and leads DeBartolo Development’s investment strategy, execution and capitalization. Backed by the DeBartolo family and major capital commitments he has secured, DeBartolo Development has underwritten a real estate pipeline of over $4.6 billion since 2003. Prior to overseeing DeBartolo Development, Ed was a partner at Fortis Advisors in Scottsdale, an affiliate company of DeBartolo Property Group, where he managed more than $600 million in real estate projects. Before joining Fortis, he founded Trinity Development with offices in Colorado Springs, Denver, Phoenix and Chicago. Trinity Development was primarily engaged in new retail development as well as value-added shopping center renovation and completed over $300 million in retail development. Throughout his professional career, Ed has devoted his time and leadership to multiple non-profit organizations and was awarded the Outstanding Professional and Community Citizenship award by Tampa Mayor Pam Iorio.
William R. Nicholson is a principal with Heritage Capital Group. Bill Nicholson has 35 years of diversified experience in the real estate industry. Immediately prior to joining Heritage Capital and Heritage’s sister company, Business Valuation, Inc., Bill spent 15 months with BSE Management, a private equity firm focused on acquiring failed banks. In this role, he managed the due diligence and bank target processes. At Heritage, Bill concentrates on M&A advisory assignments and conducts litigation support and real estate brokerage through BVI. From 2003 – 2008, Bill headed up his own firm, WRN Financial. The company focused on executive search for senior bankers, real estate consulting, and managing select real estate assignments through an affiliation with Heritage Capital Group. After retiring from Bank of America at the end 2002, Bill was a managing director for Chatsworth Securities. While at Chatsworth, he worked on entity and project financings for homebuilder and apartment clients of the firm. He also was involved in acquisition, divestiture, and advisory assignments with public real estate companies and opportunity funds. With the acquisition of Barnett Banks by Bank of America, Bill joined Bank of America Securities as managing director. He oversaw the Real Estate Advisory Group – the firm’s national investment banking practice serving private real estate companies and investors. Bill managed offices located in San Francisco, Charlotte, Dallas and Chicago from his Jacksonville FL location. Bill served as Director of Commercial Real Estate for Barnett Bank from 1992 until being acquired in the summer of 1997. While at Barnett, Bill formed Barnett Realty Capital and held the position of Vice Chairman and Director of Main America Capital. Bill spent ten years with PNC in Pittsburgh managing the Bank’s national construction lending group and is a member of the Board of Directors of BFC Financial (NASDAQ – BFCF). He serves on the audit and compensation committee, in addition to his general board responsibilities.
Steven Tye is a Principal with Blackwood Holdings Group. Steven began his career as a financial analyst with the Municipal Advisory Council of Texas before moving onto a career in bond underwriting and syndication, culminating in a 13-year career with Salomon Brothers, where he was the Managing Director in charge of international bond trading and syndication. Steven went on to co-found one of the first online financial companies, which was sold to GMAC in 1997. After a return to finance as a Managing Director at Chase Manhattan Bank, Steve realized that he missed the entrepreneurial life and went on to be involved in a number of startup enterprises. Steve’s current entrepreneurial involvement spans real estate, finance, franchise restaurants, design and organic lifestyle companies.