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Darryn Dunn
Founder & Managing Partner
Darryn Dunn has a career spanning more than 12 years in the local commercial real estate market, having started in the profession directly out of high school as a marketing intern at a highly regarded local commercial real estate firm, and eventually working his way through the ranks to become a Senior Director and playing a pivotal role in structuring and executing on all investment activities within the company. During his tenure, Darryn played the key-role in the execution of a multitude of successful, value-add commercial real estate repositioning projects and a significant amount of commercial property and asset management, office leasing, and sales activity within the local market.
Darryn has a long track record which includes the successful re-positioning of nearly 1 million square feet of commercial properties throughout Palm Beach and St. Lucie Counties, with intimate involvement in all aspects of such re-positioning from identifying value-add opportunities, to initial underwriting and acquisition and development of the repositioning plan, execution of rehabbing and construction oversight, re-leasing, and the ultimate disposition of all assets for our capital partners. Through these efforts, Darryn has been responsible for more than $60 million in value-add creation over more than a dozen commercial assets. Darryn also has a significant background in the asset and property management of “long-term hold” commercial real estate for family offices, currently overseeing nearly 500,000 square feet of properties throughout South Florida.
Darryn has been recognized on a number of occasions as an industry leader in the local market, having been publicized in major industry publications including the Real Deal, South Florida Business Journal, and others, and having been recognized as CoStar Power Broker on a number of occasions, and in a number of categories.
Darryn is a “born and raised” native of Jupiter, Florida, and in his spare time enjoys golfing, paddleboarding, and spending time with his wife (Rebecca) and young daughter (Emma).
Eddie Stiefel
Founder & Managing Partner
Ed Stiefel grew up in Paramus, New Jersey where he began his early career working construction and learning the ins and outs of the business from the “in the field” perspective. In 2012, with determination to advance his construction and real estate career to the next level, Ed relocated to Florida where he attended Florida Atlantic University studying Business Administration, during which time he started his own company (Preferred Painters) and began performing renovation projects for third party clients. Around that same time, Ed began acquiring his own properties, beginning with an Air BNB acquisition in New York City and several residential flip/reposition properties in New Jersey, Arizona, New York, and Florida which he built a contracting team and self-performed all of the improvement work.
Ed has a proven track record of performing on mid to large scale improvement projects ranging from $200,000 to $1 million+ budgets, and consistently completing projects on time and on budget. His successes include multiple projects acquired at below replacement/market value, repositioning them, and thereafter selling on a cap rate basis or refinancing all equity out based on forced appreciation. With his unique combination of an extensive construction background and business acumen acquired throughout the process of multiple successful real estate projects, Ed brings a great amount of operational and project management value to value-add real estate projects.
