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Principal-led · Special situations CRE · Opportunistic SNF

Special-situation CRE buyer and recap partner — with an opportunistic SNF sleeve

Prime 79 Group buys and recapitalizes underperforming commercial assets when ops, ownership, or the capital stack is the problem. Core book: retail, office, and mixed-use. Separate sleeve: opportunistic skilled nursing nationwide. One decision-maker from first look to close.

Send a deal How we deploy
  • Multi-Tenant Retail
  • Office
  • Mixed-Use
Investment thesis

Mispriced assets. Real opportunity.

Commercial real estate is full of assets written off by owners who ran out of ideas, operators who ran out of capital, or investors who ran out of patience. We see those assets differently.

We buy usable real estate with an operations, ownership, or capital-stack problem. Nationwide when the basis is right. Tri-state density is a preference, not a hard fence. Hold typically three to seven years.

Asset classes
Multi-Tenant Retail · Office · Mixed-Use
Geography
Nationwide · Tri-State Density Preferred
Hold period
Three to Seven Years
Approach
Principal-Led from Day One
How we deploy

Four ways we create value.

Each strategy fits a moment in a property’s lifecycle. Same principal on underwriting, paper, and close.

01

Direct Acquisitions

Discounted buys of distressed and transitional commercial assets from motivated sellers, lender-driven sales, and broken stacks.

02

Asset Repositioning

Hands-on work on underperforming assets: re-tenanting, capital work, and NOI discipline. We run the plan ourselves.

03

Rescue Capital

Preferred equity, rescue mezz, and partner buyouts for sponsors facing maturity, refinance gaps, or capital-call shortfalls.

04

Special Situations

Notes, deed-in-lieu structures, receiverships, and recaps where legal architecture and operating reality both matter.

Full strategies hub →

Skilled Nursing & Senior Care

Prime 79 is expanding into skilled nursing and senior care real estate. We acquire the real estate from long-tenured private owners and pair ownership with experienced, licensed operating partners. Separate from the retail and office book.

Skilled nursing & senior care →
Why principals call directly

One principal. Start to close.

Most platforms run on hand-offs. The person who finds the deal here is the person who closes it.

  • In-house counsel on the dealSenior attorney leadership on structure and paper. Less friction from term sheet to closing.
  • Operator’s eyeWe know how buildings run, how leases are built, and where a rent roll hides value.
  • Workout fluencyDistressed situations, enforcement, and restructuring.
  • DiscretionPrincipal-to-principal from first call. Quiet process when the file needs it.
About

Joshua Summers, Esq.

Founder and Managing Principal. Commercial real estate attorney and operator with more than twenty years across counsel, in-house GC, operator, and principal seats.

Prime 79 is built to move at the speed of a principal, with the precision of someone who has papered the deal and managed the asset. Admitted in New York. Based in the New York metro area.

How a file moves

  1. Send the package (OM or flyer, rent roll, T-12, cap stack, photos).
  2. Principal underwrite. Legal, lease, and ops in one review.
  3. A clear answer: buyer, capital partner, or not the right call.
  4. Paper and close without a hand-off between underwriter and signer.
Contact

Talk to the principal.

Every call is with Josh. No intake team. If you have a deal, a distressed situation, or a capital need, reach out directly.

Prefer a package: OM or flyer, rent roll, T-12, cap stack, and photos.

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