ST&T Capital Management
REAL ASSETS, REAL RETURNS
Specializing in Triple-Net Leased (or NNN) Commercial Real Estate investments in North America.
NNN Properties are properties where the lease agreement requires the tenant to pay all the expenses of the property. Rental income is the net income after real estate taxes, building insurance and maintenance. These properties tend to be single tenanted stand-alone buildings with world-renowned chains or Fortune 500 companies for tenants.
With a value-oriented investment philosophy, ST&T Capital hand picks well-performing triple-net properties. The firm strives to provide principal preservation with a focus on strong cashflows and potential for capital appreciation, giving investors peace of mind regardless of the economic cycle.
STABLE CASH FLOW
Only pursue assets with stable rental income on a long-term basis
Tenants diversified across various industries
Achieve through strategic disposals and acquisitions of properties
Integrate ESG factors into investment decision-making
STRONG TENANT PROFILES
National and regional operators with high credit and long term operating history
Low volatility during economic downturns
Carefully select properties with long-term growth prospects
Institutional and Accredited Investors
Our vision is to provide our clients with low market correlation investment products that deliver stability in an uncertain investment environment. Our goal is to protect and grow the value of our clients' assets in the long run.
ST&T Capital is a Toronto-based Alternative Asset management firm focusing on Hedge Fund Absolute Return strategy and commercial real estate investments in North America. We are a fully licensed Investment Fund Manager, Portfolio Manager and Exempt Market Dealer. The company is regulated by the Ontario Securities Commission (OSC) and by the Canadian Securities Regulators in other provinces where the company operates - British Columbia, Alberta, and Quebec.
ST&T Capital has achieved a high standard of compliance practices and business ethics and strives to deliver clients exceptional capital management services.
Experience in working in North American markets to source only the best deals available
Driven leadership team with a clear direction and growth mindset
DUE DILIGENCE WORK
Rigorous due diligence work is conducted before each acquisition or disposal
High standard of compliance and business ethics
Focused on creating a quality investor experience from beginning to end
Provide regular updates and routine follow-up with investors
ST&T NNN Fund:
For Investors that wish to invest through a fund approach, the firm has created the ST&T NNN Real Estate Fund I LP for Institutional and Accredited Investors.
Titled Ownership of NNN Properties:
ST&T Capital focuses on NNN properties as an investment class and provides a bespoke consultancy service for suitable investors that wish to have direct ownership of NNN properties. This is inclusive of investment suitability analysis, investment property identification, all due diligence work, financing, post-closing settlement and post-purchase servicing.
Aaron is the visionary strategist of the firm - laying out foundations and risk management frameworks for the company. He is a professional investor, philosopher, and author of five books on trading, investment and philosophy. He developed an investment and trading system (“Space-Time Trading“) from Asian culture and philosophy over 10 years of his professional and personal life experiences. The system gained great popularity in the Chinese investment community. Aaron has diverse work experiences as a commodity futures trader, hedge fund manager and held various executive positions in multiple state-owned and private companies in China. He graduated from Tongji University in Shanghai and was one of the management engineers at Shanghai Science and Technology Committee.
Ning has more than ten years of experience in the financial and real estate field. For five years he was responsible for undertaking the financial and deal analysis for a $3 billion commercial real estate mortgage portfolio. He is an entrepreneur, commercial real estate investor and has strong connections in the commercial real estate community. As the CEO of the firm, Ning is responsible for the overall management of the company. His prior work experience includes roles at JDL Realty Ltd., Laurentian Bank of Canada and TD Wealth Management. Ning holds a Bachelor of Commerce (Finance Honours) degree from the John Molson School of Business at Concordia University, Montreal and holds the designation of Chartered Financial Analyst (CFA).
Ning Wang, CFA
Director, Global Business Development
Ryan has over 20 years of international financial services experience. As a senior member of the investment management team within various offshore Canadian owned Family Offices, he worked towards driving those firms’ investment strategy, analysis, and implementation of comprehensive investment programs. He was a Business Development Director for a precious metals mutual fund (AUM $300M) working with international clients as well as those within the Canadian (MFDA/ IIROC) channels. As Director, Global Business Development, he serves to maintain and grow ST&T’s client base. He holds a Bachelor's Degree in Business Administration majoring in Finance and Human Resources from Bishop’s University, Quebec and is a Chartered Investment Manager (CIM®) Designation Holder.
Ryan Seale, CIM
Annie is a seasoned investment professional with over 10 years of investment experience in commercial real estate in both Asia and North America. Currently, as the Managing Director, Annie is responsible for the daily operations of the Fund. Before joining the firm, Annie was the Vice President of Crimson Capital China, an American private equity fund specializing in senior living real estate investments. At Crimson, Annie was in charge of due diligence work for the firm’s real estate investments which includes analyzing fundamentals of properties and value-added components of investments. Annie was also key part of the senior management team responsible for negotiating terms and structuring real estate deals with various partners. Annie holds an MBA degree from the Kellogg-Schulich joint business program of Northwestern University in the USA and York University in Canada.
Annie Liu, MBA
Doug has been involved in the net lease sector for his entire commercial real estate career. After practicing as a real estate attorney at Cadwalader, he joined Capital Lease Funding, LLC, a private equity firm specializing in securitized, maximum leverage, credit tenant lease financing. During this time, he developed expertise in negotiating net leases, valuing net leased properties, mitigating credit and property-level risk, evaluating tenant credit and analyzing real estate fundamentals. From 2004 through 2018, Doug held senior-level acquisitions jobs at two public REITs, CapLease, Inc. and VEREIT, Inc., and most recently at a private REIT, Broadstone Net Lease. Over the past 20 years, Doug has financed and/or acquired over $1 billion in net leased properties. Doug holds an undergraduate degree from Yale University (B.A., 1991) and a law degree from Georgetown University.
Throughout his career, Richard Figueroa has capitalized $4.5 billion of commercial real estate, including $800 million in net lease transactions. As Director of Capital Markets for The Opus Group, Richard was responsible for investing discretionary capital and joint venture equity into the company’s national development pipeline, which totaled more than $1 billion, including more than $300 million of single tenant office, industrial and retail properties. Prior to Opus, Richard served as Director of Acquisitions for Mansur & Company, where he sourced, underwrote and negotiated equity investments for a full range of commercial real estate projects. Richard previously served as Vice President, at ORIX Real Estate Capital, Inc. where he ran the net lease investment platform. Richard holds an undergraduate degree from Yale University (B.A., 1990) and an MBA from the University of Chicago.
In his over 50-year career, Peter Korpacz has extensive nationwide experience covering over 45 states in the United States, where he has provided appraisals, cap rate studies, and investment analysis studies for lenders, pension funds, REITs, and private funds. Mr. Korpacz’ experience within the retail sector – specializing in regional malls, net leased big-box stores, drug stores, and other net leased properties - is substantial. Mr. Korpacz is the founder and original publisher of the quarterly Korpacz Real Estate Investor Survey® and a former principal researcher and advisor for the annual PwC/ULI Emerging Trends in Real Estate® publication. He is the author of numerous articles and real estate books and is a former editor-in-chief of The Appraisal Journal.
Steven Laposa is a PhD with 30 years of experience and expertise covering a wide range of commercial real estate investment analysis and strategy engagements. Dr. Laposa's clients include public and private pension funds, private equity, institutional investors, REITs, corporations, commercial banks, and foreign investors covering office, retail, industrial, senior housing, apartment, and student housing property types. He has extensive real estate and project management experience on a global scale including market analytics and forecasting, real estate cycles, national and international institutional investment acquisition and disposition strategies and site location analysis. He received a PhD from the University of Reading, England and MBA from the University of Denver.