REAL ESTATE
Newline Development is a Chicago-focused multifamily development platform built around a long-term conviction in the city’s resilient rental housing market. The firm is currently constructing approximately 100 units across two projects scheduled for delivery in 2026, with additional developments in the pipeline. Newline’s strategy is to scale a portfolio of high-quality, design-forward apartment communities in supply-constrained Chicago neighborhoods, where barriers to new development support durable demand and long-term value creation.
Invested in 2025.
City Center Collection
A Newport Virginia Multi-Family assemblage totaling 116-units. Investment made in 2020 and exited in 2024.
Evolve has established a strong brand presence and a reputation for delivering high-quality multifamily communities in Houston, Texas. Most recently, Evolve completed a 336-unit modern garden-style apartment community in North Houston, delivered in 2023 and now over 90% leased. Building on this momentum, Evolve is actively developing two additional ground-up multifamily projects in the Greater Houston market, set to deliver a combined 536 units by 2027 to a total of 872 units. Invested in 2023.
Comprises multifamily assets totaling 2,744 units through parts of the Southeast and Midwest. Invested in 2022.
Southeast Multi-Family Portfolio III
OTHER
Bar Louie
In 2018, 865 Capital initiated a strategic investment into Bar Louie—a premier gastrobar concept—via a multi-unit franchise development agreement. During the brand’s 2020 Section 363 restructuring, 865 Capital launched a sophisticated takeover bid, navigating a complex reorganization process that ultimately concluded with an incumbent debtor credit bid. Today, Bar Louie maintains a robust institutional presence, operating more than 50 locations across 19 states as it continues its national expansion.
Java to Go
Founding member of Java to Go, an emerging coffee platform. Spearheaded the brand’s aggressive national expansion, successfully scaling its distribution network to over 5,000 retail touchpoints, including key accounts in the convenience, hospitality, and grocery sectors. This rapid growth culminated in a 2018 strategic exit to a private equity-backed roll-up, successfully capitalizing on the brand’s dominant market positioning and operational maturity
Sant Roch
Invested and Partnered with Sant Roch, a next-generation wellness and contrast therapy platform positioned at the intersection of recovery, longevity, and experiential health. Backed by a highly experienced founder, Sant Roch is launching its flagship location in Paris, with a disciplined expansion strategy planned across key European markets and select U.S. cities. The investment reflects conviction in the rapid growth of contrast therapy as a global wellness category and Sant Roch’s potential to establish a premium, scalable brand within the space
Alternative Investments
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