Speedwagon Capital Partners

Speedwagon Capital Partners operates as a private equity real estate firm dedicated to identifying and developing value within overlooked or distressed properties. The firm employs a process-driven approach, favoring off-market opportunities and a highly selective investment methodology. Their strategy involves rigorous due diligence, significant personal capital commitment, and a focus on mitigating downside risk to unlock inherent value.

The firm was co-founded by Steve Khoshabe in 2007, alongside an unnamed partner, emerging from the precipice of the 2008 financial crisis. Their founding insight stemmed from recognizing profound investment opportunities within the collapsing real estate market, a landscape most others viewed with trepidation. Having recently divested a mortgage business, Khoshabe and his partner pivoted to real estate acquisition, leveraging market dislocation.

Speedwagon Capital Partners serves property owners and operators by providing liquidity during challenging periods. The company’s long-term vision centers on continuously addressing market inefficiencies by transforming complex real estate challenges into valuable assets, exemplified by their conversion of a landfill into a critical truck parking facility. They remain forward-looking, seeking the next problem to solve with patience and conviction.