NB Private Capital, LLC (“NBPC”) is a student housing investment company located in Orange County, California. NBPC’s predecessor, Nelson Brothers Professional Real Estate (“NB”) was originally founded in 2007 with the goal of providing brick-and-mortar investment opportunities that can potentially offer a unique balance of stable performance, monthly income, tax efficiency, appreciation, and diversification—all from one investment. Through 2017, NB grew to over $800 million in managed real estate with over 1,300 investors and was ranked the #129th fastest-growing private companies in the US. 2018 saw the need for restructuring with Brian Nelson starting his own syndication firm, NBPC. While the name has changed, the goals remain the same. NBPC will continue to invest in student housing facilities throughout the country that are core pedestrian or properties designed for a market-specific population, in which the goal will be a long-term stable cash flow over a five-year holding period. The firm’s investments will be primarily geared to income-seeking investors who enjoy the simplicity of 1031 exchanges in a DST structure.
EXECUTIVE LEADERSHIP TEAM
Chief Executive Officer
Chief Operating Officer
Chief Investment Officer
Vice President of Acquisitions
John T Burns
Senior Vice President,
Senior Vice President of Finance
Vice President of Finance
Corporate Accounting Manager
Vice President of Marketing
Vice President of Investor Relations
Manager of Investor Relations
NB Private Capital believes that increased diversification can help with capital preservation and safety. With this in mind, NB Private Capital created an LLC that owns smaller interests in various NB properties. Investors can buy shares of the LLC and have direct ownership benefits of a more diversified portfolio. The LLC is IRA eligible but not eligible for 1031 exchanges.
NB Private Capital seeks to acquire newer assets that we believe to be stabilized and well-located in strong markets. For these properties, NB Private Capital will typically employ a more conservative buy-and-hold strategy where the property is held for a five- or six-year period. These assets are 1031 and IRA eligible.
NB Private Capital will also consider acquisitions of older properties that we believe have a fantastic location with an excellent track record of high occupancy but may not be in the best or the most competitive condition. Our plan for these assets is to devise a strategy that targets rent growth and an increase in property value by enhancing the appeal of the property through strategic upgrades, renovations, and amenity improvements. These opportunities are typically 1031 and IRA eligible.
“I have been investing with Nelson Brothers since 2010. I’d been to different real estate seminars and I felt there was a lack of credibility. I met Brian at a dinner meeting and his presentation really captured my interest. It took me a while to feel comfortable but Brian always answered the questions I had to my complete satisfaction.
I have had an excellent experience and am very pleased with all the investments I have made. I like the multiple benefits of putting money into student housing, including the growth and that none of the income has been taxed. A bad economy never affects my investments.
I’ve been dealing with NBPRE and their staff for more than six years; the most important quality I really appreciate has been: HONESTY.
The monthly distributions are always on time – like a fine Swiss watch – on the same day in my bank account, month after month…”
-— R.K., VIP investor*