Six Acre Capital is a real estate developer, owner and operator launched in 2020 by Jake Borden and Mark Lansman. Leveraging the Principals’ prior institutional experience coupled with a boots-on-the-ground operational mentality, Six Acre’s primary focus is acquiring, repositioning, and developing multifamily and mixed-use assets. Implementing a hyper-focused geographic investment approach, Six Acre pursues opportunities strictly in Philadelphia and the Tri-State Region, allowing for localized investing through hands-on execution.
Since inception, the firm has executed projects with a total value of +/-$100M. Notably, Six Acre’s debut, flagship development, 1525 North American Street (“Ray Philly”), a ground-up, mixed-used project, received Co-Star’s 2024 Impact Award for Multifamily Development of the Year in Philadelphia.
Six Acre’s Principals were most recently Vice Presidents with NYC-based Churchill Real Estate Holdings. At Churchill, the Principals closed over $1.5bn in debt transactions and equity investments. This included spearheading development efforts for NYC development projects and leading acquisitions/execution of several multifamily and mixed-use properties. The Principals were also an integral part of the company’s structured credit originations platform, where they executed over 30 acquisition, bridge, and construction loans, and purchased non-performing, defaulted notes during their time with the firm.
Our Approach
Six Acres’ Principals have worn many different hats, working in a variety of disciplines in the industry including acquisitions, asset management, construction, and capital markets. The Company prides itself on unique structuring and problem-solving, thinking outside-of-the-box to unlock value in creating superior risk-adjusted returns for its partners and investors.
Guiding Principles
Maintain a Geographic Micro-Focus
We strive to know every owner, asset, trade, metric, community stakeholder, and market participant. Dipping toes into new markets is not something we entertain without extensive research and conviction.