{"id":16585,"date":"2015-04-09T11:10:58","date_gmt":"2015-04-09T15:10:58","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2015\/04\/saratoga-springs-capital-llc-works-on-financing-commercial-real-estate-projects.html"},"modified":"2015-04-09T11:10:58","modified_gmt":"2015-04-09T15:10:58","slug":"saratoga-springs-capital-llc-works-on-financing-commercial-real-estate-projects","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2015\/04\/saratoga-springs-capital-llc-works-on-financing-commercial-real-estate-projects\/","title":{"rendered":"Saratoga Springs Capital LLC Works On Financing Commercial Real Estate Projects"},"content":{"rendered":"\n
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Gabe Irizarry, left, and Gordon Sinclair operate Saratoga Springs Capital LLC\n<\/div>\n
“I love what I do, but I also love to have time \nfor my family,” said Gordon Sinclair who, after 15 \nyears of 100-hour weeks working on Wall Street, \nstruck out on his own as the sole principal in \nSaratoga Springs Capita, LLC, a commercial real \nestate financing and advisory firm headquartered \nin Saratoga Springs.<\/p>\n
His New York City lifestyle “was not conducive \nto family life,” so he and his family made \nthe change last fall. His wife is from Waterford \nand they are living there while they look for the \nright house in Saratoga Springs. He is from the \nSyracuse area. They expect their first child next \nmonth.<\/p>\n
The new company will line up financing and \nequity for commercial real estate projects and, \nhe said, “help to close the analytical and information \ngap.”<\/p>\n
“There are a lot of salesmen out there,” he said, \n“but not a lot of analysts. We can run all the math \non loans, for example.”<\/p>\n
Over the years, he claims, he has developed \n“connections that reach every corner of the \ncountry” and can draw upon those connections \nto help a developer locate an equity partner, \narrange financing and, perhaps most important, \nevaluate a project.<\/p>\n
All the company’s business comes by referral, \nSinclair noted. “We don’t advertise at all.” \nThey also keep client information confidential \nso, for example, people will not find examples on \ntheir website of projects that have worked on. \n“It is not our property to disclose; we let the \nowner do that,” he said. “It’s an old-school way of \ndoing business,” but that it suits him. “It keeps \nthings honest; it keeps things right.”<\/p>\n
Sinclair has two partners, Joseph DiMiceli \nand Gabriel (“Gabe”) Irizarry. The company has \nseven employees, some of them, part time. They \nare analysts or partners.<\/p>\n
Saratoga Springs Capital operates on a nationwide \nbasis. Compared to a local company, “We \nhave a larger and broader network and we are \nable to open up some doors that otherwise people \nmight not be aware of,” said Sinclair.<\/p>\n
Sinclair did his undergraduate work at Syracuse \nUniversity and holds an MBA and an MS in \ninformation systems from Boston University.<\/p>\n
Although the business has a local number for its \nland lines, Sinclair still uses his Boston-based \ncellphone number. \n“I want people to be able to keep in touch,” \nhe noted.<\/p>\n
The company recently rented office space at \n2202 Route 50 South, about two and a half miles \nfrom downtown Saratoga Springs. They expect to \nmove into those quarters in May. In the meantime, \nthey are operating out of space in Waterford. \nThe website is www.saratogaspringscapital.com \nand that local telephone number is 907-0010.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gabe Irizarry, left, and Gordon Sinclair operate Saratoga Springs Capital LLC Photo \u00a92015 SaratogaPhotographer.com BY JILL NAGY “I love what I do, but I also love to have time for my family,” said Gordon Sinclair who, after 15 years…<\/p>\n","protected":false},"author":121,"featured_media":21907,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[70,98,108,115],"class_list":["post-16585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-businesses","tag-financial","tag-new-businesses","tag-real-estate","tag-saratoga-springs"],"yoast_head":"\r\n
Saratoga Springs Capital LLC Works On Financing Commercial Real Estate Projects - Saratoga Business Journal<\/title>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\t\r\n\t\r\n\t\r\n\r\n\r\n\n\t\n\t\n\t\r\n