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777 Capital Partners targets US through Winter family office

Switzerland-based 777 Capital Partners, the boutique real estate company established by Ralph Winter, Thomas Landschreiber and Micha Blattmann, is expanding its activities to the US and has entered into a strategic partnership with W5 Group.

W5 Group, which has offices in New York, Washington DC and Miami, invests capital on behalf of Ralph Winter’s family and other investors. W5 Group was founded in 2009 and focuses on “innovative forms of living”.

Ralph Winter.

777 Capital was founded as an investment manager and co-investor last Autumn and has since invested around €100 million in Germany. The company said in a statement that the deal with W5 will enable it to focus on the US residential real estate market, significantly expanding its investment radius which, until now, has focused on opportunistic transactions with value enhancement potential in the German speaking region of Europe. It will now pool resources with W5 Group in order to make US real estate projects accessible to European investment partners.

“The US offers high-yield investment opportunities due to its market dynamics and more liberal rental legislation. We [W5 Group] are looking to expand our own portfolio, which currently has a volume of around $800 million. We want to do this together with select investment partners of 777 Capital. We are very well connected and have built a pipeline of over one billion US dollars,” Ralph Winter said.

The first US project is a residential complex with 320 Smart Living apartments that is already at an advanced stage of construction in Orlando, Florida, close to Disneyland. The first units will be completed and leased as early as during 2021.

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