Three commercial real estate veterans have left NAI Earle Furman to start their own company. Ross Kester, Tyson Smoak and Stuart Wyeth have formed Pintail Capital Partners, a new brokerage and investment sales services company.
While the new company will cater to all clients, its development niche will be in the medical office area. Through an affiliation with FOX Commercial Properties, the company will develop commercial real estate in the Upstate and throughout the Carolinas.
Combined, the trio have more than 40 years’ experience with $435 million in development, sales and leasing transactions.
The partners said they have a great relationship with the NAI Earle Furman team, but it was just the right time to strike out on their own.
“In our heart we wanted to chart our own path and this enables us to do that,” said Kester. “We want to be out front, making 100 percent of our own decisions.”
All three men are equal partners in the new company. Smoak will focus primarily on brokerage activities and business development. Wyeth will lead development opportunities and activities and Kester will negotiate leases, underwrite deals and handle investment sales.
“Our company name has its roots in the characteristics of the pintail duck, which is elegant in its design, graceful in flight. Sleek and aerodynamic, the pintail has a speed and agility which has earned the species the nickname ‘greyhound of the air,’” said Kester. “Pintail Capital Partners will bring a similar focus to the markets we serve through proactive service, accessibility and responsiveness to our clients’ needs.”
“In a robust market like we are currently experiencing, there are definitely opportunities for specialty firms like Pintail to branch off and hone in on servicing a select group of clients, said Jon Good, NAI Earle Furman CEO and broker in charge. “In their time with our company, the Pintail team gained a great deal of experience in the healthcare arena and we wish them success as they continue their focus in that niche.”
For more information on Pintail Capital Partners, visit pintailcapitalpartners.com.
