Real Estate Forum: Forum 100
BlueStone Real Estate Capital
Finance | Honorable Mention
Company:   BlueStone Real Estate Capital    
Address: 1717 Arch Street, Ste 4120    
City: Philadelphia    
State: PA    
Zip:   19103    
Phone: 215-717-2227    
Fax: 215-717-1080    
Email: mmcmanus@bluestonecap.com    
Website: www.bluestonecap.com    
Key Executive      
1. Name: Matthew McManus    
    Title: Chairman    
2. Name: Andrew Benioff      
    Title: Managing Partner    
3. Name: Kris Wood      
    Title: Senior Director    
4. Name: Shawn Sweeney    
    Title: Senior Associate    
*Number of Offices: 3    
*Number of Employees: 42    
*Gross Revenues Fiscal Year 2006: 9.8 million    
*Projected Revenues Fiscal Year 2007: 14.0 million    
Selected Areas of Specialization: Financing for multifamily, office, retail, industrial, mixed use, franchise, recreation facilities, hotels, medical/healthcare, seniors housing, self storage, mobil home parks, student housing, golf courses, airports, vacation timeshares and marinas.    
Company Overview: BlueStone Real Estate Capital is a commercial real estate investment banking firm that secures innovative debt, mezzanine, equity and sponsor equity financing for the nation’s top-tier investors, operators, owners and developers. Leveraging its up to the minute market knowledge, credibility and relationships with highly regarded institutional financing sources, BlueStone specializes in closing complex deals for sophisticated clients. Recently, BlueStone was awarded the NJPA Real Estate Journal’s “Deal of the Year” for securing $70,800,000 in construction and permanent financing for The Edge at Avenue North, the largest single-structure, state of the art student housing building in Pennsylvania. For more information please visit www.bluestonecap.com    
*Total Number of Financing Transactions
Arranged or Committed in 2006:
22    
*Total Value of Financing Transactions
Arranged or Committed in 2006:
980.0 million    
Percentage by Financing Type:      
Public Debt: 80 %    
Private Debt: 20 %    
Public Equity: 20 %    
Private Equity: 80 %    
Hybrid: N/A %    
Value by Financing Type:      
Public Debt: 3. million    
Private Debt: 2. million    
Public Equity: 50. million    
Private Equity: 100. million    
Hybrid: 200. million    
Percentage by Property Type:      
Office: 20 %    
Industrial: 10 %    
Retail: 5 %    
Apartments: 25 %    
Hotels: 20 %    
Other: 5 %    
(Please specify) Student Housing    
Percentage by Geographic Area      
Northeast: 20 %    
Southeast: 40 %    
Midwest: 40 %    
Southwest: 40 %    
West: 40 %    
International: 40 %    
Percentage by Rate Types:      
Fixed: 40 %    
Floating: 40 %    
Interest-Only: 20 %    
Percentage by Loan Types:      
CMBS: %    
Construction: %    
Mezzanine: %    
Permanent: %    
Bridge: %