Placemakers
01Our Firm
PROSPECT STREET IS A LEADING REAL ESTATE INVESTOR, DEVELOPER, AND OPERATOR IN LAS VEGAS. OUR FIRM ENDEAVORS TO SUPPORT, GROW, AND INNOVATE IN OUR COMMUNITIES.
02PRINCIPLES
THE FIRM EXECUTES AN INVESTOR-OPERATOR STRATEGY FOCUSED ON ACQUIRING HIGH QUALITY REAL ESTATE AND IMPLEMENTING TACTICAL INITIATIVES THROUGH HANDS-ON EXECUTION.
NEIGHBORHOOD CONVICTION
Prospect Street focuses its efforts on investing and operating at scale in specific neighborhoods that demonstrate high quality demographics, receive positive feedback from tenants and display a secular growth pattern. Over time Prospect Street’s investment creates a strong stakeholder network and pricing power.
INTRINSIC VALUATION
The firm underwrites projects based on the building replacement cost as well as the neighborhood’s leasing supply/demand dynamics and secular demand drivers. Our valuation strategies allow us to create a thoughtful and flexible business plan to maximize our community’s and investor’s return.
STRATEGIC ASSET MANAGEMENT
Our team actively manages our projects to ensure high quality execution from acquisition/development to stabilization. The team’s focus on asset and property-level details affords us the ability to make tactical real-time decisions, maintain a flexible business plan, and develop deep tenant relationships.
B2B FOCUS
Prospect Street primarily engages in business to business (“B2B”) real estate projects. Our emphasis on this strategy helps us develop repeatable relationships with organizations that have a clear mandate. Our focus on B2B creates an efficient and sustainable business model that is clear to our partners and aligns us with key stakeholders.
03OUR PROJECTS
04INSIGHTS
Coming Soon
05OUR EXECUTIVE TEAM
Scott Goldstein
Scott Goldstein is the founder and Managing Partner of Prospect Street Capital. Under Mr. Goldstein's leadership the firm has completed over $500 million of acquisition and development. Mr. Goldstein led the acquisition and asset management of the Peccole-family portfolio acquisition totaling ten properties valued at $130 million.
Prior to founding Prospect Street Capital, Mr. Goldstein worked at Blackstone as a Principal in their real estate group. While at Blackstone, he worked on the asset management efforts of the ShopCore portfolio, a $2bn investment in the firm's core plus platform. Prior to Blackstone, Mr. Goldstein worked at General Growth Properties as Senior Director of Investments where he led over $2 billion of acquisitions. He also worked at Goldman Sachs as an Associate in their Real Estate and lodging group. Mr. Goldstein received his bachelor's degrees in American Studies from Georgetown University and his MBA from the Tuck School of Business at Dartmouth.
Marc Philippi
Marc Philippi is an associate at Prospect Street Capital. In this role, Mr. Philippi is responsible for acquisition, asset management, and disposition within the company's portfolio. Mr. Philippi assisted in the Peccole-family portfolio transaction totaling ten properties valued at $130 million.
Prior to joining the Prospect Street Capital team, Mr. Philippi was a real estate development analyst at Nevada HAND, Nevada's largest affordable multi-family developer where he helped underwrite and structure Low Income Housing Tax Credits projects. Marc began his career at First Savings Bank where he was responsible for financing construction, bridge and permanent loans across a wide array of commercial property types. Mr. Philippi earned both his bachelor's degree in Business Administration and MBA with a concentration in Finance from the University of Nevada, Las Vegas, where he was a student-athlete for four years.
John Curran
John Curran is the Director of Development at Prospect Street Capital. In this role, Mr. Curran leads development efforts, executing a project vision from inception to completion.
Prior to joining Prospect Street Capital, Mr. Curran was the Senior Vice President of Development for Dapper Companies, a vertically integrated commercial real estate firm with projects throughout Southern Nevada. In this role, he managed twelve development projects ranging from $3-40M each, including ground up retail, office, and adaptive reuse projects. Before Dapper Comapanies, Mr. Curran was the Real Estate Portfolio Manager for Downtown Project, a $350M urban redevelopment effort founded by the late Zappos.com CEO Tony Hsieh. Mr. Curran earned both his Bachelor's Degree in Urban Studies and a Masters in Urban Planning from the University of Pennsylvania.
