Enterstate provides equity capital solutions to sophisticated real estate sponsors, so they can focus their efforts on deal sourcing and execution
Enterstate is an entrepreneurial firm with an institutional mindset. Over a span of 13 years, our Principals have been involved in over $1 billion
of Real Estate and Private Equity deals
Real Estate Equity Capital Solutions
Founded in 2018, Enterstate Capital, Ltd. (“Enterstate”) is a private real estate investment and capital markets firm with two primary business lines:
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Equity Capital Raise Business: Capital markets business focused exclusively on placing equity in real estate transactions in the US. Our exclusive focus on equity, as opposed to debt, provides us an edge in the market, as we have been able to foster relationships with a large network of investors that are active in the real estate equity market
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Co-GP Principal Investing: Principal investments business focused on providing Real Estate GP Equity to sponsors managing Joint Venture partnerships, across multiple investment strategies. We retain the right to provide the GP equity if we are able to also source the Joint Venture Equity for the deal, providing much needed equity solutions to real estate sponsors
Typical equity structures include Real Estate Joint Venture Equity, Co-GP Equity, Preferred Equity, and Operating Company Equity
We have relationships with some of the largest and most sophisticated investment groups in the world, including private equity real estate funds, life insurance companies, and pension funds, as well as with discrete “under the radar” family offices and private investment firms.
Our investor relationships are located in the US, Europe, UAE, and the Middle East.
Representative Transactions
JV Equity Investment in a Multifamily Property Acquisition
Enterstate facilitated a $7.3 million JV equity investment in a value add acquisition of a multifamily property located in Hurst, TX
Co-GP/JV Equity Investment in Rental Townhomes Recap
Enterstate facilitated a $4.2 million Co-GP/JV equity investment in the recapitalization of a townhome community in Lubbock, TX
JV Equity Investment in a Multifamily Property Acquisition
Enterstate facilitated a 90% JV equity investment in an $8.5 million value add acquisition of a multifamily property located in Los Angeles, CA
Co-GP/JV Equity in New-Built Single Family Communities
Enterstate facilitated a 95% Co-GP/JV equity investment in two acquisitions totaling $26.5 million of build-for-rent SFR communities in Lubbock, TX
JV Equity Investment in a Multifamily Property Acquisition
Enterstate facilitated a $3.0 million LP equity investment in a value add acquisition of a multifamily property located in CT
JV Equity Investment in a Residential Development
Enterstate facilitated a 90% JV equity investment in a $5.3 million for-sale townhomes development located in Atlanta, GA
JV Equity Investment in a Multifamily Property Acquisition
Enterstate facilitated a 90% JV equity investment in an $8.5 million value add acquisition of a multifamily property located in Austin, TX
LP Equity Investment in a Commercial Property Acquisition
Enterstate facilitated $12.8 million in LP equity for the value add acquisition of an office property located in Chicago, IL
JV Equity Investment in a Multifamily Recapitalization
Enterstate facilitated a $1.0 million JV equity investment in the recapitalization of a multifamily property located in Houston, TX
JV Equity Investment in a Multifamily Property Acquisition
Enterstate facilitated a 90% JV equity investment in a $5.4 million value add acquisition of two multifamily properties located in Atlanta, GA
Email: heidi@enterstatecapital.com
Phone: +1 (347) 741-8282
Heidi H. Shiachy, Founder & CEO
Launched and led by Heidi H. Shiachy, an experienced Real Estate and Private Equity investments veteran, Enterstate seeks to provide complete equity and debt solutions to quality Real Estate sponsors, allowing them to access capital in the U.S. and abroad. Ms. Shiachy has been involved in numerous high-profile Real Estate, M&A, and buyout transactions. Prior to founding Enterstate, Ms. Shiachy led the due diligence division of Gatewood Capital Partners, a NY-based Private Equity group that manages over $220 million in commitments. In this capacity, Ms. Shiachy sourced and facilitated the formation of five underlying funds, including a Real Estate multifamily fund based in TX and a hospitality-focused fund based in MA. Prior to that, Ms. Shiachy worked at the Private Group of Hapoalim Securities USA Inc., overseeing a portfolio of GP-level interests in funds and direct deals, with aggregate commitments of $1.8 billion AUM. Before that, Ms. Shiachy was an associate with the Corporate Group of Weksler, Bregman & Co., where she advised the exclusive franchisee in Israel for the hotel chains branded as “Crowne Plaza” and “Holiday Inn” on their acquisition activities.
Ms. Shiachy holds an LL.M. from the University of Chicago, where she was awarded the Gruss-Lipper Fellowship, and an LL.B. with a dual degree in Law and Economics from The Hebrew University of Jerusalem. Ms. Shiachy is a registered attorney in the State of New York.
Ms. Shiachy is a Registered Representative of BA Securities, LLC, Member FINRA SIPC.