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Front Street Capital Team Expands with Fund II Launch

Posted on March 1st, 2018

Front Street Capital is pleased to announce two key additions to the fund management team as it prepares for the launch of its second real estate fund. Matt McInnis joined Front Street in January as a principal on the corporate leadership team. Matt’s responsibilities will be overseeing fund operations including capital raising, investor management and capital markets services. Matt has spent over 10 years in the banking and wealth management sectors including executive management experience as the Chief Strategy Officer of High Point Bank and Trust Company.

FSC also hired Jennie Mostellar as the new director of investor services. Jennie will oversee the general relations, correspondence and management of all FSC investors. Prior to FSC, Jennie was a member of the investor services team at Global Endowment Management (GEM) based in Charlotte, NC and was part of a team that managed over $7 billion in assets.

The launch of FSC Fund II comes on the heels of a successful close of Front Street Properties Fund I, LP with a market value of $50 million. FSC successfully raised and invested capital from 2015-2017 to create a portfolio of over 323,000 SF of Class-A, income-producing assets across the Carolinas. FSC has recently launched Front Street Properties Fund II, LP and is actively raising capital for deployment later this year.