"With our new partnership with the Getty trusts, we will offeraffluent individual investors unique opportunities to acquireproperty assets with attractive yield characteristics--investmentsthat have typically been available only to major institutionalinvestors and sizeable private investment entities," he continues.The firm has partnered with the Gordon P. Getty Family Trusts tooffer expanded real estate investment opportunities to significantindividual investors, and with FREO GmbH of Bad Homburg,Germany.

The firm's strategy is to work with wealth managers to help meetthe real estate investment needs of their client base by creatingfully transparent portfolios of property assets that allowinvestors "to gain diversity through the real estate asset class.They get a balanced portfolio," Gamble explains. He will lead thefirm's expansion with Prescott's two other managing directors,Daniel J. Steinberg and Susan L. Stupin.

Through the newly created Prescott Capital Management unit, thefirmwill sponsor a series of US commercial property investmentpartnerships and fund vehicles targeted toward private wealthmanagers serving high-net-worth investors, including private banks,brokerages, trust companies, family offices, financial advisors andother financial service companies.