We acquire value-add industrial properties below replacement cost and develop world-class golf destinations — delivering outsized returns across growing U.S. markets.
$1–5M
Typical Deal Size
10+
Target Markets
2
Verticals
We acquire value-add industrial properties below replacement cost and develop world-class golf destinations — delivering outsized returns across growing U.S. markets.
Typical Deal Size
Target Markets
Verticals
The same rigorous underwriting and hands-on management applied to every investment — whether it's a warehouse in Texas or a golf course in the Carolinas.
We acquire small-scale industrial and warehouse properties in secondary and tertiary MSAs — markets with 300K to 1.5M population where institutional capital hasn't compressed pricing. Our strategy targets assets below replacement cost with NNN or modified gross lease structures, creative financing, and 3–5 year value-add holds syndicated with high-net-worth investors.
Through Candyroot Lodge Holdings, we're building a premier multi-course golf destination in Jefferson, South Carolina — 1,250 acres with courses designed by world-class architects, plus resort and membership components. We lead financial modeling, investor relations, capital raises, and day-to-day operations.
Every deal is scored on a 100-point quantitative model. Basis discount to market is the single most important factor.
We buy at a meaningful discount to what it would cost to build new. This is our margin of safety and the highest-weighted scoring factor.
Markets with 300K–1.5M population where institutional buyers haven't compressed cap rates. Texas border towns, Carolinas, Louisville, Gainesville, and the Midwest.
Small enough to avoid institutional competition, large enough to generate meaningful returns on 3–5 year hold periods.
Capital improvements, lease-up, operational efficiency, or repositioning — we target properties where active management creates value.
Nate is the founder and sole principal of Duffield Holdings, where he manages all aspects of deal sourcing, underwriting, investor relations, and asset management across the firm's industrial real estate portfolio.
He also serves as VP of Finance & Operations at Candyroot Lodge Holdings, overseeing financial modeling, capital raises, HR, and daily operations for a 1,250-acre multi-course golf destination under development in Jefferson, South Carolina.
Prior to launching Duffield, Nate led financial underwriting for multi-billion-dollar industrial and mixed-use redevelopment projects at Hilco Redevelopment Partners (now HRP Group), including The Bellwether District in Philadelphia and HRP Alexandria. He previously worked as an Asset Analyst at The Scion Group, a leading student housing owner-operator.
University of Michigan — B.S. Information (Data Analytics)
Hilco Redevelopment Partners (HRP Group), The Scion Group
Highland Park, Illinois
Golf, platform tennis, Chicago sports
Select consulting services for real estate firms and golf development companies.
Cash flow projections, yield-on-cost analysis, debt structuring, waterfall modeling, and investor return scenarios for complex real estate and hospitality deals.
End-to-end transaction support including market analysis, tenant credit review, environmental assessments, and closing coordination.
Capital raise strategy, LP communication, webinar coordination, investment memos, and quarterly reporting for syndicated deals and development projects.
Whether you have a deal to discuss, a consulting need, or want to learn about investment opportunities.
We're always evaluating deals and open to conversations with brokers, owners, and potential investors across our target markets.