NEWPORT BEACH, Calif., Jan. 19, 2021 /PRNewswire/ — Today, January 19th, 2021, industry veterans Ethan Schelin and Derek Uldricks announce the launch of their new partnership, Schelin Uldricks & Co., that will provide real estate investment banking services to sponsors of real estate projects nationwide. The firm will focus on raising institutional and private equity and debt for sponsors and developers of multifamily, build for rent single-family, senior housing, self-storage, industrial, and hospitality asset classes across the country.
“It’s a unique time to launch a new firm that provides investment banking services,” commented Ethan Schelin, co-founder of Schelin Uldricks & Co. “Capital markets have radically changed over the last ten months and we are in the trenches with investors understanding what they want and will fund.”
The firm will work with sponsors to identify capital partners and structure their financing in a way that maximizes the success of their project and identifies long-term programmatic capital relationships for sponsors. “Our sponsor clients hire us because we provide a holistic capital solution for their project,” remarked Derek Uldricks, co-founder of Schelin Uldricks & Co. “Long-term partners for our sponsor clients are the ultimate goal.”
Operations for the firm will be headquartered in Newport Beach, California with a satellite office in Scottsdale, Arizona.