Carson Cos. Names McIntosh to Head New Unit

NEWPORT BEACH, CA-The Carson Cos. has hired former Tishman Speyer exec Fred McIntosh to lead Carson Advisors, a newly formed entity of the Carson Cos. that is seeking between $100 million and $200 million of investment from prospective partners to acquire industrial real estate throughout Southern California and Houston. McIntosh, a veteran of more than 29 years in real estate investment, joins the firm as senior vice president, capital markets.

James Flynn, president of the Carson Cos., says in an announcement regarding the appointment of McIntosh, "We brought Fred on board due to his extensive experience with institutional investors." Flynn adds that McIntosh "will be a key factor in the Carson Cos.' new initiative to partner and invest with public and corporate pension funds, sovereign wealth funds, endowments, foundations, family offices and high net worth investors.”

McIntosh points out that the Carson Cos. "believes that excellent buying prospects will become available in this next cycle" and wants to position itself with investors to capitalize on the opportunity. By partnering with entities that are capable of investing $100 million to $200 million, the Carson Cos. says, it will be able to continue its investment strategy of acquiring high-quality distribution and light manufacturing industrial properties in Southern California and Houston while utilizing low levels of leverage. McIntosh says the focus on high-quality industrial properties and the capacity to act quickly and acquire assets in all-cash transactions "will make it a desirable buyer with brokers and sellers.”

Before joining the Carson Cos., McIntosh was a managing director with Tishman Speyer, where he was responsible for West Coast investor relations and new business development. He developed the strategy and led the $725 million global capital raise campaign that resulted in Tishman’s first two dedicated Brazil funds.