Greenwood Star Names Ex-Bluerock Exec as Managing Director of Capital Markets
Greenwood Star Holdings LLC – a vertically integrated real estate company specializing in the acquisition, management, and disposition of multifamily properties – announced that financial services industry veteran Peter Nicolas has joined the company as managing director of capital markets.
Nicolas has more than 15 years of experience working with registered investment advisers and family offices in the financial services industry. Prior to joining Greenwood Star, the company said Nicolas served as the director of the RIA/Family Office division of Bluerock Capital Markets from 2018 to 2024, where he increased assets under management and helped develop more RIA-centric products.
As managing director of capital markets at Greenwood Star, Nicolas is positioned to develop and maintain relationships with RIAs and family offices throughout the Eastern United States, presenting Greenwood Star Income & Growth Trust Inc. – a perpetual life private placement focused on high-quality multifamily assets in the Southern United States and structured specifically for RIAs.
“We are excited to have Peter join the Greenwood Star team,” said Lisa Li, co-founder and chief executive officer of Greenwood Star Holdings LLC. “Peter has extensive experience with RIAs and family offices and his vision aligns well with ours. He will be instrumental as we continue to grow our AUM and distribution opportunities in the Eastern United States.”
Prior to Bluerock, Nicolas was senior vice president at Navellier and Associates from 2011 to 2018. He’s also held various roles at Cabot Money Management, Tuckerbrook Alternative Investments, and Morgan Stanley Investment Management. He began his career at John Hancock Funds.
Nicolas received both his bachelor’s degree in economics and his master’s degree in finance from Boston College and is a certified financial accountant charter holder.
At the beginning of 2025, Greenwood Star welcomed Red Oak Capital veteran Mindey Morrison as director of capital markets.
Founded in 2013 by Lisa Li and Dawson Lee and headquartered in Atlanta, Greenwood Star and its affiliated companies have owned and managed over 37 multifamily properties with over 7,500 apartment units valued at over $700 million across the Southern United States. Greenwood Star has completed 29 full-cycle multifamily transactions and owns and manages eight multifamily properties with 2,163 units valued at more than $500 million.
Reported previously by AltsWire, Greenwood Star Income & Growth Trust Inc. announced its first regular distribution of $50 payable to shareholders of record as of Sept. 30, 2024. The distribution was paid on Nov. 5 and reflected a targeted annualized 6% distribution rate based on the stock at valuation per unit, as of Sept. 30. The company said the funds were paid in cash to shareholders or reinvested in shares for shareholders participating in the fund’s distribution reinvestment plan.
The fund acquired its first asset in September 2024, after launching in August, funded entirely out of net operating income.
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