Turnbridge Equities

Overview

Turnbridge Equities is a privately held, Manhattan-based real estate investment and development firm. Founded in 2015 by Andrew Joblon, the firm has a vertically integrated platform that encompasses acquisitions, development, entitlements, construction, credit, capital markets, leasing, and operations. With offices in New York, Los Angeles, Washington D.C., Miami, and Austin, Turnbridge has invested or managed over $3.3 billion of capital across two managed funds and multiple co-investment vehicles. The firm's portfolio includes a diverse range of asset classes and markets across the United States. The firm's investment strategy focuses on value-add, opportunistic, and distressed debt investments in industrial, retail, multi-family, and commercial properties. Turnbridge's approach leverages careful market selection, strong sourcing capabilities, extensive broker sourcing, and tenant relationships to capitalize on emerging trends and monetize value in advance of market shifts. This disciplined investment approach has contributed to the firm's track record of value creation for its investors and partners. Turnbridge Equities has been involved in several notable projects, including the development of Music Lane in Austin, Texas, featuring first-to-market concepts such as Soho House, Equinox, and Hermès. In 2024, the firm partnered with Austin Capital Partners to co-develop Four Seasons Private Residences Lake Austin, a luxury residential community with an expected opening at the end of 2027. Additionally, Turnbridge completed a $500 million recapitalization of Music Lane in 2022 and sold a Northern Virginia-based office portfolio for $220 million in the same year. These projects highlight Turnbridge's commitment to executing first-class developments and its deep ties to local markets. Turnbridge Equities' full-service platform and extensive relationships enable the company to acquire, develop, reposition, and operate real estate, generating value for its investors and partners. The firm's disciplined investment approach and track record of implementing successful strategies have allowed it to capitalize on emerging trends and monetize value in advance of market shifts, contributing to its reputation as a leading real estate investment and development firm in the United States.

Investment Focus

• Value-add
• Opportunistic
• Distressed debt investments

Portfolio Companies