Adam Kies joined Crescit Capital Strategies in 2019 with over 23 years of experience in the commercial real estate property and capital markets. Adam has experience structuring debt and equity transactions across all asset classes and throughout the capital stack, asset management and workouts, and capital markets executions.
Adam came to Crescit from Terra Capital Partners, a New York based investment manager focused on real estate credit. He was a Managing Director responsible for originating, negotiating, and structuring bridge loans and mezzanine debt/preferred equity investments. In addition to sourcing new transactions, Adam was involved with asset and portfolio management, including workouts and restructuring of loans. Prior to Terra Capital, Mr. Kies led originations and underwriting for Ascent Real Estate Advisors, which provided bridge and mezzanine financing nationwide and made investments in commercial property developments and real estate securities. From 2008 to 2010, as a result of the financial crisis, Adam turned his focus to managing Ascent’s portfolio. He was actively involved with the restructuring of both senior loans and subordinate positions and working out solutions to optimize returns for troubled assets. Earlier, he was a Vice President at Icahn Associates/American Real Estate Partners LP, where he was responsible for the origination of real estate equity and debt investments. He invested in distressed properties and real estate securities, successfully converting these to profitable and performing investments. His career has also included loan underwriting and credit analysis roles at Credit Suisse and Morgan Stanley, equity research at Morgan Stanley (covering hotel and multifamily REITs), and real estate investment banking at Insignia Capital Advisors (now part of CBRE). At Insignia, Adam advised Insignia’s clients (borrowers and senior and subordinate lenders) on how to navigate the most successful outcomes for their investments and was particularly active with these assignments following the credit crisis that began in August 1998.
Mr. Kies received his Bachelor of Arts degree in Political Science from Haverford College, a Master of Urban Planning degree from New York University and an MBA degree in Finance from New York University.