Company Overview

Carolwood Equities is a privately held, fully integrated real estate investment company formed by principals Andrew Shanfeld and Adam Rubin in 2012. The firm’s objective is to acquire a diverse portfolio of investment grade assets ripe for repositioning through tailored renovation, attractive financing and focused management. By researching these markets, stressing selectivity rather than volume and thriving in complex situations, we will continue to deliver unusually high returns at minimal risk to our limited partners. The companies’ proven ability to both accurately underwrite transactions and implement management strategies allows the firm to close quickly and often, in all cash.

Team

Adam Rubin is a co-founder and principal of Carolwood Equities. Mr. Rubin is responsible for the firm’s overall investment strategy and negotiates transactions from contract to closing. Mr. Rubin handles all financing activities, capital raising and investor reporting on behalf of the firm. Furthermore, Adam is involved in the day-to-day management of the L&R Group of Companies, a Los Angeles based real estate & parking conglomerate. Mr. Rubin is a graduate of New York University’s Schack Institute of Real Estate, where he received a B.S. in Real Estate Finance.

Andrew Shanfeld is a co-founder and principal of Carolwood Equities. Mr. Shanfeld is responsible for seeking new investment opportunities through his extensive relationships with brokers and property owners. Andrew implements focused management strategies and oversees all aspects of property management, including day to day operation and construction. Prior to founding Carolwood Equities, Andrew worked in the acquisitions department at Decron Properties for two years. Mr. Shanfeld is a graduate of the University of Michigan, where he received a B.A. in Economics.