05/19/2011

Strategic Capital Partners Names Richard Horn President SCP Properties

Real estate veteran brings more than 25 years of real estate experience

Strategic Capital Partners, LLC (SCP) has named Richard W. Horn President of Strategic Capital Partners Properties. In this role, Horn will lead SCP Properties' investment efforts by focusing on acquiring and developing commercial properties in MSAs across the interior U.S. in the $20 million to $50 million range.

"Strategic Capital Partners is pleased to welcome Rich to our team," said Rick Hurd, President of SCP. "His wealth of real estate knowledge, experience and expertise will allow us to pursue additional acquisition and development opportunities as an operator, while continuing to work with our existing joint venture real estate operating partners on a national level."

Horn is an established real estate veteran. He joined Duke Realty in 1984, quickly rose through the firm and was named its President in 2000. As such, he led the company's Operating Committee, overseeing the development, acquisition and leasing in 13 strategic cities comprising more than 110 million square feet of office, industrial and retail space.

In 2002, he created Horn Properties to invest in and develop office, industrial, land and senior housing projects, including an 800,000 square foot industrial park located adjacent to the new Indianapolis International Airport terminal. Horn was also Chairman of The Stratford Companies, a senior housing development and operating company. While at Stratford, the company developed three continuing care retirement communities with a total investment of $250 million and employed over 250 people.

"I am happy to join SCP and its talented and dedicated group of real estate professionals," said Horn. "I look forward to working with them to build an outstanding commercial portfolio."

Formed in 2005, Strategic Capital Partners, LLC (SCP) is a privately-held real estate investment management firm that employs a value-added investment strategy of acquiring commercial and multi-family properties across the United States. SCP, through its Strategic Partners Value Enhancement Fund, Strategic Capital Partners Real Estate Opportunity Fund I and Strategic Partners Urban Development Group has invested more than $1 billion in total capital.

The SCP team of veterans has over 200 years and $20 billion of collective real estate investing experience, employing a hands-on, cycle-tested investment approach. Strategic Capital Partners is headquartered in Chicago with offices in Indianapolis and New York.

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Strategic Capital Partners Names Richard Horn President SCP Properties