Jim Neil, Duke Stone, and David Wallenstein formed Churchill Capital Company in April, 1995. Their Texas presence began in 1978 when David Wallenstein opened the Dallas office of New York based Sonnenblick-Goldman Corporation, becoming one of the first real estate investment banking offices in Texas. That office evolved into what was ultimately the Capital Markets division of Grubb & Ellis. David Wallenstein, Jim Neil and Duke Stone – who by then had been working together for over 10 years – managed all of Grubb & Ellis’ finance business until 1995 when they left to form Churchill Capital Company.
Churchill Capital celebrated its 25th anniversary in April of 2020 and we continue to conduct business with the same core values that the Principals have held for the entirety of their careers. We are our client’s partner and advisor on each assignment and give each transaction the personal attention it deserves from initial underwriting through closing. Our presence and advocacy at every step of the financing process ensures that the interests of our clients are at the forefront of every transaction.
Churchill Capital represents developers, owners and investors in securing debt and equity capital at the property and corporate level. Having arranged every tranche of the capital structure including 1st mortgage debt, mezzanine debt, equity investments, leveraged lease financings, sale/leasebacks, joint venture partnerships and lines of credit, our access to and knowledge of the capital markets coupled with our experience and creativity ensures that our clients achieve the optimal financing available for their unique set of circumstances. Our clients rely on us for rapid closings, certainty of execution and the most competitive terms on the market. As a result of our successful track record in these areas we do over 80% of our business with repeat clients.
The principals of Churchill Capital invest their discretionary private equity capital as well as the capital of its partners in value-add real estate projects primarily owned and controlled by clients of the firm. The funds for these investments are entirely discretionary and all prospective transactions are reviewed by Churchill Capital’s principals.
Churchill Capital’s investments typically range from $1 million to $10 million in size and can take the form of mezzanine debt, secured or unsecured loans, and equity. Churchill Capital’s principals, individually and collectively, have invested in all major commercial real estate property types throughout the United States, totaling in excess of 14 million square feet and representing over $200 million in transaction value. Our market knowledge, strong partnerships and entrepreneurial mentality allow us to make extremely rapid decisions and to move with speed and flexibility in considering principal investment opportunities.