CAPITAL AVAILABLE

FLAGSHIP CAPITAL PARTNERS is an investment fund sponsor that provides custom tailored debt and equity capital solutions to commercial real estate’s middle market.

Flagship has sponsored a series of private equity investment funds for institutional investors, family offices and high net worth individuals.

HISTORY

Flagship Capital Partners (“Flagship”) was founded in 2011 by David Mincberg and Jarrod Foerster to provide financing alternatives to real estate’s middle market. With disciplined focus, Flagship has deployed in excess of $450 million in the form of first lien, mezzanine debt and equity investments.

As a developer and owner-operator, Flagship Properties Corporation (“FPC”), an affiliated entity of Flagship, has sponsored the development, acquisition and management of over 35,000 multifamily units across Texas, and the southeast and southwest United States. In addition to its focus on multifamily properties, FPC has owned and managed substantial retail, office and land holdings.

TEAM

https://flagshipco.com/wp-content/uploads/2020/05/Flagship_2019_mincberg-300x400.jpg

David M. Mincberg

Managing Principal & Chief Executive Officer

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

David Mincberg, co-founder and managing principal of Flagship Capital Partners, serves as the firm’s Chief Executive Officer and as Chairman of Flagship’s Investment Committee. LEARN MORE

David also serves as the Chairman and Chief Executive Officer of Flagship Properties Corporation. Since 1977, David has been directly involved in the development and construction in excess of 30,000 multi-family units throughout the states of Texas, New Mexico, Nevada, Louisiana and Georgia, and participated in the financing of an additional 15,000+ multi-family units. David is considered a leading authority on the housing industry and speaks frequently on housing and real estate lending topics. David has also extensively invested in, managed and financed retail, self-storage, unimproved land, land lot developments and office buildings. Further to his real estate development and lending experience, David has invested in a variety of different business transactions, ranging from venture capital to a start-up deregulated energy provider.

In 2015-2016, newly elected Houston Mayor Sylvester Turner selected David to serve as chair of the Mayor’s transition efforts. Almost 300 community members participated in this successful endeavor. In August 2016, Mayor Turner appointed David to the position of Chair of the Board of Houston First Corporation (“HFC”). HFC operates the city’s convention and performing arts facilities and promotes Houston as a world-class destination for tourism and conventions.

David is a graduate of the University of Texas at Austin (BA 1971; JD 1975). Among numerous activities and honors while at the University of Texas (“UT”), he was the president of the Friar Society–UT’s oldest and highest honorary society which recognizes students who have made significant contributions and brought honor to the university and the community.

David is married to Lainie Gordon and they are the parents of five children.

https://flagshipco.com/wp-content/uploads/2020/05/Flagship_2019_foerster-300x400.jpg

Jarrod T. Foerster

Managing Principal & Chief Operating Officer

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

Jarrod Foerster, co-founder and managing principal of Flagship Capital Partners, serves as the firm’s Chief Operating Officer overseeing all capital formation, investor relations and asset management functions. Foerster also serves as a member of the firm’s investment committee. LEARN MORE

Prior to founding Flagship in 2003, Foerster served as an acquisitions officer with Camden Property Trust (NYSE:CPT), primarily responsible for the origination and execution of multifamily asset acquisitions in the Eastern and Midwest United States. Foerster began his career in real estate investing as a financial analyst for Rainwater, Inc., the investment holding company of Richard E. Rainwater in Fort Worth, Texas.

Foerster currently serves as a trustee of the Texas Bar Foundation. From 2017 to 2020, Foerster served as a public member, appointed by the Supreme Court of Texas, of the Board of Directors of the State Bar of Texas, where he was unanimously confirmed by the Texas Senate.

Foerster is a 1992 graduate of Austin College in Sherman, Texas where he received a Bachelor of Arts degree with concentrations in Economics and History.

https://flagshipco.com/wp-content/uploads/2020/05/Flagship_2019_berins-300x400.jpg

Mark L. Berins

Managing Director, Chief Administrative Officer

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

Mark Berins is Chief Administrative Officer for Flagship Capital Partners, where he is responsible for capital formation, investor relations, asset management, and corporate administrative matters.LEARN MORE

Prior to joining Flagship, Berins spent 15 years in commercial real estate management and development.

Focused on retail, office, and mixed-use properties, Berins has extensive experience as an owner’s representative, having managed a family office’s private portfolio of commercial real estate where he oversaw all asset management functions. Prior to his real estate career, Berins worked in sales and project management and was on the leadership team of a not for profit organization.

Berins was born and raised in New Orleans and is a 1999 graduate of the University of Texas at Austin. In 2005, he obtained his Juris Doctor degree from Rutgers University School of Law-Camden, where he was a Pro Bono Award recipient for participation in numerous public service initiatives. Berins is a member of the Urban Land Institute (ULI), the State Bar of Texas and is on the Board of Directors of Camp Young Judaea-Texas, a non-profit youth summer camp, where he serves as Chair of the Facilities Committee.

https://flagshipco.com/wp-content/uploads/2020/05/Flagship_2019_clemens-300x400.jpg

J.C. Clemens

Managing Director, Chief Production Officer

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

J.C. Clemens Jr. is Chief Production Officer for Flagship Capital Partners, where he oversees debt and equity production and originations.

LEARN MORE

Clemens joined Flagship in early 2017 and specializes in creating customized capital structures for clients acquiring commercial real estate properties of all asset types.
At Flagship, Clemens manages all production activities through Flagship’s direct lending facilities, and preferred, joint-venture and general partner co-invest equity for the Flagship Equity Opportunity Funds. In addition to his production role, Clemens assists in asset and fund management for each of Flagship Capital Partners’ funding facilities.

Prior to joining Flagship, Clemens spent over six years at HFF, L.P. (now JLL) in Houston, working in both the capital markets and investment sales divisions. While at HFF, Clemens participated in and closed transactions exceeding $4.85 billion in value. Clemens was directly involved in approximately 40 separate sales transactions across a full range of asset types and quality levels, from mixed-use Class A urban core properties to Class C suburban apartment communities. In addition to multifamily investment sales, Clemens and his team brokered debt and equity placements on nearly 80 separate assets across all product lines and property types, including retail, industrial, office and mixed-use projects across the United States.

A native of Amarillo, Texas, Clemens is a graduate of the University of Texas at Austin earning a BBA degree with concentrations in Real Estate Finance and Investment from the McCombs School of Business. In addition, while an undergraduate Clemens was a Silver Spurs Handler for BEVO XIV. Clemens is an Eagle Scout and an active volunteer with the Houston Livestock Show and Rodeo. Clemens holds memberships in the Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), and the National Association of Industrial and Office Property Owners (NAIOP) where he is a member of the Developing Leaders Board. Clemens also participates in the Aramco Houston Half Marathon, the Houston Heights Constable Patrol Program, and is on the Board of Trustees for the Council on Recovery and the Voting Board for Houston Achievement Place (HAP). Clemens lives in the Heights neighborhood of Houston with his wife Katrina, son John Carlton “Tripp” Clemens III, and daughter Hadley Elisabeth Clemens.

https://flagshipco.com/wp-content/uploads/2022/05/Lra2X6Qg-300x400-1-300x400-1-300x400.jpeg

Brian M. Cutrell

Director, Investments

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

Brian Cutrell is Director of Investments for Flagship Capital Partners.  Cutrell joined Flagship in 2021 and is responsible for generating debt and equity investment production and deal flow.
LEARN MORE

Prior to joining Flagship, Cutrell worked at ExxonMobil for 10 years, holding a variety of Project Controls and Construction Management positions. He worked on major capital projects, with assignments in France, Papua New Guinea, Canada, and Kazakhstan.  Prior to Exxon, Cutrell was an avionics engineer on the A-10 in the US Air Force, attaining the rank of Captain.

A native of Pittsburgh, PA, Cutrell is a graduate of Bucknell University with a degree in Electrical Engineering.  He completed his MBA with a real estate concentration and MS Finance degree, both from the University of Houston, where he was also President of the Graduate Real Estate Club.  Cutrell lives in the Spring Valley neighborhood of Houston with his wife, Kim, and their two daughters.

https://flagshipco.com/wp-content/uploads/2021/05/04-nondorf-pic-300x400-2-1-300x400.jpg

Garrett K. Nondorf

Associate Director, Investments

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

Garrett Nondorf is an Associate Director of Investments for Flagship Capital Partners. Joining Flagship in 2020 as an Analyst, Nondorf currently originates new debt and equity investment opportunities for Flagship’s credit and equity strategies.LEARN MORE

Since joining Flagship, Nondorf has participated in closing $150+ million in Flagship equity and first lien bridge loan transactions. Nondorf has experience across most major commercial real estate asset classes including retail, multifamily, mixed-use, flex-industrial, office, and hospitality.

Prior to joining Flagship, Nondorf was an associate in the investments and capital markets group at Midway Properties, a national mixed-use developer based in Houston, Texas. Nondorf’s work at Midway included financial analysis and systems and process improvements as well as investor relations, asset management, and other capital markets functions. Prior to Midway, Nondorf was a business consultant at Grant Thornton, a multi-national audit, tax, and business advisory firm, where Nondorf created custom coded business applications for a variety of national and global enterprises.

Nondorf is a native of Houston, Texas and is a 2014 graduate of Vanderbilt University. For several years, Nondorf has participated in the Covenant House Sleepout to support homeless youth and the Covenant House Pull-up Challenge where he completed over 300 pull-ups in under two hours to raise significant donations on behalf of the organization. Nondorf lives with his wife, Kristi, and son, Nathan, in Houston’s Heights neighborhood.

https://flagshipco.com/wp-content/uploads/2023/05/Skyler_Seidman_300x400-flip3-225x300-1-300x400.png

Skyler Seidman

Financial Analyst

.emd_dl_red_darker {
-moz-box-shadow:inset 0px 1px 0px 0px #f5978e;
-webkit-box-shadow:inset 0px 1px 0px 0px #f5978e;
box-shadow:inset 0px 1px 0px 0px #f5978e;
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #f24537), color-stop(1, #c62d1f) );
background:-moz-linear-gradient( center top, #f24537 5%, #c62d1f 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#f24537′, endColorstr=’#c62d1f’);
background-color:#f24537;
-webkit-border-top-left-radius:0px;
-moz-border-radius-topleft:0px;
border-top-left-radius:0px;
-webkit-border-top-right-radius:0px;
-moz-border-radius-topright:0px;
border-top-right-radius:0px;
-webkit-border-bottom-right-radius:0px;
-moz-border-radius-bottomright:0px;
border-bottom-right-radius:0px;
-webkit-border-bottom-left-radius:0px;
-moz-border-radius-bottomleft:0px;
border-bottom-left-radius:0px;
text-indent:0;
border:1px solid #d02718;
display:inline-block;
color:#ffffff !important;
font-family:Georgia;
font-size:15px;
font-weight:bold;
font-style:normal;
height:41px;
line-height:41px;
width:153px;
text-decoration:none;
text-align:center;
text-shadow:1px 1px 0px #810e05;
}
.emd_dl_red_darker:hover {
background:-webkit-gradient( linear, left top, left bottom, color-stop(0.05, #c62d1f), color-stop(1, #f24537) );
background:-moz-linear-gradient( center top, #c62d1f 5%, #f24537 100% );
filter:progid:DXImageTransform.Microsoft.gradient(startColorstr=’#c62d1f’, endColorstr=’#f24537′);
background-color:#c62d1f;
}.emd_dl_red_darker:active {
position:relative;
top:1px;
}

Skyler Seidman is a Financial Analyst for Flagship Capital Partners. Seidman joined Flagship in 2023 and coordinates investment analytics and project underwriting for Flagship’s credit and equity strategies.LEARN MORE

In addition to his analytics responsibilities, Seidman supports Flagship’s investment due diligence, asset management, and investor relations efforts and provides detailed project research to Flagship’s Investment Committee. Prior to joining Flagship, Seidman was a Market Analyst for the agency leasing team at Holt Lunsford Commercial.

A native of Dallas, Seidman is a 2021 graduate of Abilene Christian University. Seidman is an active NAIOP member and lives with his wife, Ale, in Houston’s Spring Branch neighborhood.