Our mission is our most valuable asset.
An experienced private equity firm with a core focus in multifamily and senior living communities, Silver Creek Equity is driven to achieve financial gain for its investor partners while limiting their risk through primarily new development investments. More than any property out there, we believe a mission like ours is one worth investing in.
Our process and partnership
are a strong foundation for success.
From concept to completion, how we do business is built on the pillars of deep industry knowledge, critical vendor relationships, transparency and accountability. We are not a blind fund—when you invest with us, your money goes directly into the property you choose. Essentially, you own units of a project-specific limited liability company. In true partnership, we not only manage the project, we take on personal guarantees related to the financing. We share the risk with you and succeed together.
We use demographic and market-demand statistics to pinpoint markets that are primed for new multifamily communities.
In this critical step, access, convenience and visibility are among the traits considered in comparing potential project locations.
We only work with financial institutions that understand the complexities of our business while delivering best-in-market terms.
Specific to each project, we collaborate with architects, civil engineers and builders with a track record of success.
Combined, our partners have
seen more than a century of success.
At the helm of our business is a well-rounded team of experts who understand partnership and know how to drive results. They are real estate developers, attorneys and finance professionals who have owned, operated and managed thousands of individual units from all housing sectors. Get to know our highly experienced partnership team.
Craig leads the overall fund management and strategic direction of Silver Creek Equity. Helping fuel the company’s success, Craig draws on two decades of experience as an attorney providing legal and advisory services to multifamily, hotel and residential developers, as well as advising clients on day-to-day business activities. Craig has worked on many complex development projects, some of which required a public and private partnership to be adequately financed, including new market tax credits and TIF components. Additionally, he has extensive experience in family real estate development activities. Having started out as a business consultant at Venture Allies, Craig worked at the law firm Lathrop GPM and even launched his own law firm. Craig holds a degree from Hamline School of Law, an MBA from the University of St. Thomas, as well as a BA in Healthcare Finance from Concordia College.
Over his 20+ year career in real estate investment, development and management, Jamison has had successes identifying opportunities in vacant land or underutilized real estate. Through various partnerships, he’s acquired bank-owned homes, residential developments and vacant land that is primed for new development. From 2016-18, Jamison served as Land Acquisition Manager for the Minnesota division of a publicly owned home builder. He sourced, engaged, and negotiated the acquisition of over 1,000 current and future housing lots, meeting or exceeding the desired ROI.
Over the past quarter century, Peter has gained extensive knowledge in all areas of finance, including cash flow analysis and capital structures fundamental to the long-term sustainability of housing projects. In fact, he’s frequently called upon to illustrate how tax increment financing can benefit communities, both cities and residents alike. Peter holds a BA in Marketing and Operations Management from the University of St. Thomas.
Heidi Baumgartner, CPA
Heidi comes to us with more than 25 years of robust, cross-functional experience in the areas of accounting, finance, and project management. Her strong background in consulting spans more than 20 companies, from small family-owned businesses to complex billion-dollar entities. Having held several controller roles, Heidi has gained a tremendous amount of industry knowhow throughout her career and is able to use her varied background to navigate complex transactions. Heidi holds a bachelor’s degree in Accounting from the University of St. Thomas, as well as an active CPA license.
Benjamin (BJ) Behrendt
Throughout his career, BJ has been an active investor in real estate, having partnered in the development of both single-family communities and multifamily apartment complexes. In addition to being a licensed realtor for 20 years, BJ has owned and operated businesses providing services to real estate management companies and contractors. He started Behrendt Contracting, a go-to contractor for flooring installation, landscaping services, general maintenance and snow removal. BJ negotiated contracts with a variety of subcontractors while maintaining accounts with small builders and investors as well as large retailers.
Emely brings more than 10 years of experience in legal administration, scheduling, and correspondence to the Silver Creek Equity team. Her paralegal background is key in helping to track and maintain due diligence checklists, assembling and maintaining files during loan and real estate closings, and assisting investors with all necessary documents. During project construction, Emely compiles and submits construction draw requests, as well as provides project accounting and financial reports for all project phases.
Ready to profit through partnership?
If you’re looking to make a smart investment, we could have just the right project for you. Fill out this simple form and we’ll be in touch soon.