EL PASO, TX-A little more than a year after launching Tibbetts Real Estate Capital Partners (Trecap Partners LLC), leaders of the company have announced they will join forces with local Hunt Cos. Inc. The new entity coming out of the soon-to-be-solidified relationship will be dubbed Trecap Holdings Inc., and its purpose is to provide Trecap Partners with additional equity capital and support services.

In February 2009, Douglas A. Tibbetts, Gary Sligar and Paul Klick formed Trecap Partners to provide advisory services to a real estate industry that was reeling from declining values and frozen credit markets. At the time, Trecap Partners teamed with Transwestern for on-the-ground assistants with assets in various markets.

Now Tibbetts tells GlobeSt.com that the partnership with Hunt Cos. is positive for the capital that the latter can provide, as well as Hunt Cos.’ expertise in real estate investment and development. “Hunt has built its business through public-private partnerships, generally through investments with the Department of Defense in building military housing throughout the country,” Tibbetts explains. “They know real estate; they want to seek out opportunities, and their entrusting us to find those opportunities.”

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