Doug Root

Doug Root Email and Phone Number

Co-Founder and Managing Partner @ Blackfin Real Estate Investors, LLC
Arlington, VA, US
Doug Root's Location
Arlington, Virginia, United States, United States
Doug Root's Contact Details

Doug Root personal email

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Doug Root phone numbers

About Doug Root

Mr. Root is a co‐founder and managing partner of Blackfin Real Estate Investors and Iron FishConstruction. Blackfin was founded in August of 2016 and focuses on high quality multifamily properties throughout the Northeast, Mid‐Atlantic and the Carolinas. Blackfin seeks opportunities in markets with expected growth prospects and strong underlying fundamentals, and actively engage in managing and repositioning assets to maximize their ultimate competitive position. Mr. Root is responsible for the acquisitions, investor relations, and asset management of the venture’s investment portfolio. Iron Fish Construction is a full service general contracting company that provides renovation and deferred maintenance services to many of the largest institutional apartment owners in the country. Mr. Root is a licensed general contractor in 11 states. Prior to co‐founding Blackfin, Mr. Root was a Managing Director of Investments with Greystar where he was responsible for the acquisition, disposition, financing, and asset management of investments in the Northeast, Mid‐Atlantic, and Mid‐West. Over his 5 year tenure at Greystar, Mr. Root acquired approximately $1.2 Billion of apartments. Prior to joining Greystar, he worked for Invesco Real Estate’s Acquisitions Group and closed over $1.4 billion in multifamily, office, retail, and industrial transactions.Mr. Root is a 2007 graduate of Cornell University’s Johnson School of Management where he received an MBA with a concentration in real estate and finance. Also a graduate of Duke University, Mr. Root received a Bachelor of Arts degree in History and a Certificate in Markets and Management. Mr. Root was a two time All‐American while competing on the Duke University Men’s Tennis Team and went on to compete on the ATP professional tennis tour for 3 years playing in tournaments as notable as the U.S. Open.Mr. Root is an active member of the The Economic Club of Washington, D.C., DC Real Estate Group, Project Healing Waters, and he serves on the Board of the Arlington Free Clinic.

Doug Root's Current Company Details
Blackfin Real Estate Investors, LLC

Blackfin Real Estate Investors, Llc

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Co-Founder and Managing Partner
Arlington, VA, US
Website:
blackfinrei.com
Employees:
23
Doug Root Work Experience Details
  • Blackfin Real Estate Investors, Llc
    Co-Founder And Managing Partner
    Blackfin Real Estate Investors, Llc
    Arlington, Va, Us
  • Blackfin Real Estate Investors, Llc
    Co-Founder & Managing Partner
    Blackfin Real Estate Investors, Llc Aug 2016 - Present
    Arlington, Va, Us
    Co-founder and managing principal of Blackfin Real Estate Investors and responsidble for the acquisition and asset management of the venture’s investment portfolio. Blackfin focuses on high quality multifamily properties throughout the Northeast, Mid-Atlantic, and the Carolinas. We seek opportunities in markets with expected growth prospects and strong underlying fundamentals, and actively engage in managing and repositioning our assets to maximize their ultimate competitive position. The team at Blackfin has an extensive relationship throughout the industry which allows them to Identify off-market transactions that translate to immediate value creation due to below-market pricing and mismanagement. Blackfin targets assets with value-add enhancement potential through repositioning, operations, and/or capital improvements. Blackfin’s core strategies include:- Execute repositioning through a combination of capital improvements, adding amenities, operational efficiencies, and re-tenanting- Improve cash flow by increasing rental growth through revenue management/enhancement strategies, driving ancillary income, improving resident retention, reducing operating expenses and/or capital expenditures - Control the value creation of each asset through customized investment and exit strategies- Diversify risk by investing in multiple markets and product types- Increase current income and long-term capital appreciation in a tax-advantaged structure
  • Iron Fish Construction
    Co-Founder & Managing Partner
    Iron Fish Construction Jul 2017 - Present
    Arlington, Virginia, Us
    Iron Fish Construction is a full service general contracting company that provides renovation and deferred maintenance services to many of the largest institutional apartment owners in the country. Mr. Root is a licensed general contractor in 11 states and oversees the company's strategy and business development.
  • Greystar Real Estate Partners
    Managing Director
    Greystar Real Estate Partners Mar 2011 - Jul 2016
    Charleston, South Carolina, Us
    - Northeast & Mid-Atlantic Head of Acquisitions: Responsible for the acquisition, asset management, disposition, valuation, and financing ofmultifamily investments throughout the Northeast, Mid-Atlantic, and Midwest.- Northeast & Mid-Atlantic Regional Team Leader: Member of a 4 person team responsible for the P&L, businessdevelopment, and growth strategies of Greystar’s investment, development, and property management businesses.
  • Invesco Ltd.
    Acquisitions
    Invesco Ltd. Jul 2007 - Apr 2011
    Atlanta, Ga, Us
    - Work directly with senior executives to source and analyze real estate and M&A investment opportunities and strategic initiatives- Direct contact and liaison with joint venture partners, investors, investment bankers, lenders, brokers, counsel and other real estate professionals- Prepare/present rationale and underwriting on opportunities to senior management- Coordination of due diligence in closing of transactions- Perform strategic asset management functions on existing portfolio; prepare valuation and development proforma & track investment performance- Preparation of financing packages for acquisitions and existing asset refinancing- Economic analysis and market research for both internal and external presentations

Doug Root Skills

Due Diligence Valuation Investments Real Estate Development Asset Management Mergers And Acquisitions Finance Acquisitions Business Development Portfolio Management Real Estate Business Strategy Financial Modeling Real Estate Economics Real Estate Transactions Investment Banking Disposition Commercial Real Estate Mergers Management Dispositions Market Research

Doug Root Education Details

  • Duke University
    Duke University
    Bachelor Of Arts - Ba
  • Cornell Johnson Graduate School Of Management
    Cornell Johnson Graduate School Of Management
    Finance
  • West Morris Mendham High School
    West Morris Mendham High School

Frequently Asked Questions about Doug Root

What company does Doug Root work for?

Doug Root works for Blackfin Real Estate Investors, Llc

What is Doug Root's role at the current company?

Doug Root's current role is Co-Founder and Managing Partner.

What is Doug Root's email address?

Doug Root's email address is dh****@****ell.edu

What is Doug Root's direct phone number?

Doug Root's direct phone number is +197347*****

What schools did Doug Root attend?

Doug Root attended Duke University, Cornell Johnson Graduate School Of Management, West Morris Mendham High School.

What skills is Doug Root known for?

Doug Root has skills like Due Diligence, Valuation, Investments, Real Estate Development, Asset Management, Mergers And Acquisitions, Finance, Acquisitions, Business Development, Portfolio Management, Real Estate, Business Strategy.

Who are Doug Root's colleagues?

Doug Root's colleagues are Elliott Rotenberg, John Weaver, Debra Ports, Cam, Bill Obregon Silva, Lorraine Pacifico, Eunah K., Laura-Anne Tiscornia.

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