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Investing in America

Tristar℠ has a 20 year history of successful commercial real estate investment spanning all asset classes. We co-invest with local developers and investment funds throughout the county in value-add and opportunistic projects.

Our team members have experience in every aspect of the commercial real estate business and utilize their expertise to assist in the analysis and execution of the projects in which we co-invest. Our development background equips us to analyze and add value to complex projects whether they are new construction or redevelopment.

Let’s discuss how we can build long-term value together!

Senior Leadership Team

Michael Towerman

Michael Towerman

Managing Director

Prior to co-founding Tristar in 1999, Michael was a real estate attorney who transitioned to development in 1988 as the Vice President of a nationally recognized shopping center developer.

For over the past 20 years, he has quarterbacked the Tristar team in over $1 billion of opportunistic and value add real estate investments and developments, including apartment complexes, office parks, mixed-use projects, retail centers, residential subdivision land and Gateway Commerce Center (one of the largest industrial parks in the United States).

In coordination with the Tristar team, Michael is jointly responsible for Tristar’s investment process. In this capacity he participates in strategy planning, capital raising, transaction structuring, due diligence, underwriting, and investor relations.

Rod Thomas

Rod Thomas

Managing Director

Before co-founding Tristar in 1999, Rod established and was the sole owner of a large residential construction company that was sold that year to a national firm. Since then he has worked with the Tristar team to originate and successfully complete over $1 billion in commercial real estate transactions.

Rod has worked in virtually all commercial real estate asset classes, with special attention to Tristar’s infill, historic and work force housing lines of business, as well as its investments in projects located in Opportunity Zones enabled by the Tax Cuts and Jobs Act of 2017.

Rod is instrumental in Tristar’s acquisition and investment sourcing.

He believes that disciplined investors can effectively deploy capital in all phases of the real estate cycle, including downturns.

Mitch Wexler

Mitch Wexler

Director of Finance

Mitch joined Tristar in 2001 and since that time has overseen the company’s financial accounting, tax, administrative and portfolio management.  His experience before 2001 includes accounting positions at Anheuser Busch Companies, Inc. and Nestle, USA.

Mitch’s department supports the Tristar team in identifying, modeling, negotiating and procuring applicable public incentives such as property tax exemption, improvement districts, tax credit programs, brownfields funds and bond financing. Many of these techniques and programs are not well understood, allowing Tristar to contribute insights and the lessons of practical experience to the partnerships in which it co-invests.

Mitch is a CPA and MBA.

Bobby Klucker

Bobby Klucker

Director of Development

Bobby has been with Tristar since 2016 and his career spans 20 years of construction management and estimating, encompassing both new construction and redevelopment. He has managed in excess of $400 million of office, industrial and retail construction projects for leading companies including Proctor & Gamble, The Boeing Company, Shop n Save and Amazon.com.

Bobby supervises construction estimating, value engineering and project implementation for Tristar. He has a degree in construction management and holds a LEED AP certification.

Examples of Project Capitalized & Supervised by Tristar Principals

Tristar℠ combines an entrepreneurial approach with institutional-quality oversight for its commercial real estate investments. When we co-invest at the GP or LP level, we use our industry expertise to help reduce risk and ensure a successful outcome for all parties.

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