INVESTING WITH INGENUITY

Sand Ridge Capital (SRC) is a St. Louis-based investment management firm specializing in commercial real estate. Focusing on the multifamily and retail industry, SRC acts as an investment vehicle for clients to build wealth through strategic investments. SRC’s experience includes a proven track record through the structuring of 50+ transactions with total volume exceeding $750MM.

What We Offer

Sand Ridge Capital was founded for investors to confidently deploy capital into the commercial real estate sector. Our vision is to build a portfolio of stable investments providing clients consistent returns with significant upside. Utilizing years of industry experience across investment profiles and property types, we analyze investments through multiple lenses.

Commercial Investments

Private Debt Placement

Advisory Services

SRC’s experience includes a proven track record through the structuring of 50+ transactions with total volume exceeding $750MM.

Strategic Acquisitions

Understanding all macro and microeconomics of any deal is the key to a successful investment.

Active Management

Not only the proper maintenance of the physical plant but understanding the surrounding competition and market is vital to success.

Industry Experience

10+ years of experience through commercial real estate advisory, brokerage, development, leasing, management, and ownership.

Client Service

We believe in providing our clients with attractive Prefs and fair Promotes to keep them coming back for more.

Our Strategy

Believing Multifamily and Open-Air Commercial/Retail to be the strongest real estate property types, SRC focuses on opportunistic investments to generate profitable returns.

Geography

Midwest Markets focusing on the St. Louis MSA.

Investment Profile

Core or Core-Plus

Property Types

Multifamily & Open-Air Commercial/Retail

Preferred Return Target

6-7%

About Sand Ridge

Trent Gherardini founded Sand Ridge Capital in 2018 in St. Louis, Missouri. Starting his career in Chicago underwriting and assisting in the sale of Class-A multifamily and mixed-use retail on Chicago’s North Side, he discovered his passion. Realizing a growing opportunity in the world of healthcare real estate, Trent joined Blueprint Healthcare Real Estate advisors as one of their original brokers. After spending 7+ years in the skilled nursing and seniors housing industry, Trent was presented an opportunity to work in-house for a private developer based in St. Louis. During his career Trent has worked on all sides of commercial real estate including development, leasing, management, and ownership. He prides himself on a strategic yet conservative approach to the industry which has been proven time again to yield positive results for all clients.

Portfolio

Current Investments

St. Louis City Multifamily 1

Recent gut renovation with condo quality finishes

Top of market rents in gentrifying neighborhood

Successfully raised rents at each lease renewal 2-6%

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Annual Return On Equity

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Limited Partner Preferred Return

St. Louis City Multifamily 2

Recent gut renovation with condo quality finishes

Top of market rents in growth neighborhood with active development

Successfully raised rents at each lease renewal 2-10%

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Annual Return On Equity

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Limited Partner Preferred Return

Previous Work

Missouri Shopping Center

98% occupied, well-maintained big box anchored shopping center with upside in subdividing and selling off the outparcels
Partnered with a local Buyer to flip the anchor and ground lease after completing the subdivision with the local municipality

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Annual Return On Equity

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Cap Rate

Illinois Power Center Reposition

55% Occupied, well-maintained power center with upside in lease-up and selling off outparcels
Successfully exited after a 4-year hold

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Return On Equity

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Internal Rate of Return

Nebraska Big Box Redevelopment

Vacant big box successfully redeveloped into a 6-unit shopping center, converted into retail condos, and individually sold
Successfully exited after a 6.5-year hold

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Return On Equity

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Internal Rate of Return

St. Louis City Multifamily 3

Strategic acquisition focused on location in an up-and coming neighborhood

Day 1 in-place cashflow yielding 10% annual Return on Equity

Successfully exited after a 2-year hold

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Return on Equity

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Internal Rate of Return

Saint Louis Shadow Anchor

St. Louis MSA shadow anchored shopping centers with upside in leasing and light capital improvements.

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Return On Equity

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Internal Rate of Return

Engineered for investors to confidently deploy strategic capital.