Company Overview
Brickman Formation
Brickman was formed in 1992 by Bruce Brickman and Roderick O'Connor. Kathy Corton joined the firm as the third principal in 1999. The firm developed two initial strategies: purchasing distressed assets (loans and real estate owned) from financial institutions, and purchasing high quality, multi tenant, small floor plate office buildings in major markets.
Both of these strategies evolved from the firms' owner-operator roots and allowed the principals to harvest returns investing in both debt and equity through the application of property-level expertise from acquisition and origination through asset disposition.
Brickman Funds
Brickman Real Estate Fund I, with an initial closing in April 2002, was primarily comprised of high net worth investors. By the time of Brickman Fund IV (initial closing May 2007), the majority of the fund limited partners were institutional investors, including endowments, foundations and funds-of-funds.
To date, Brickman has launched four closed end real estate funds representing $760 million of equity capital.
Brickman Experience
From its formation in 1992 through June 30, 2010, Brickman has invested, for its own account and for the account of funds under its management, over $975 million of equity capital and in excess of $3.1 billion of total capital in approximately 73 opportunistic, value-added, core plus, debt, and equity investments.
Brickman's experienced leadership and team members have worked together for over 10 years. Though its' investment vehicles, the firm owns and manages over 4.5 million square feet of office, hotel and residential real estate.