Jeff Gragnolati

Jeff Gragnolati is a Managing Principal at 29th Street Capital, where he serves as the Head of Capital Markets and Advisor for the company's Preferred Equity division.14 In this role, he oversees the preferred equity investment program, which specializes in investments ranging from $3 to $15 million across major markets.23

Professional Experience

Before joining 29th Street Capital, Gragnolati had a significant tenure at Cortland, where he spent nine years managing debt across a $23 billion real estate portfolio.1 During his time there, he:

• Closed over 450 loans totaling $17 billion
• Facilitated over 250 new acquisitions
• Played a key role in growing Cortland's portfolio from 14,000 to over 85,000 units
• Led notable transactions, including the take-private of a $1.5 billion public REIT

Prior to his work at Cortland, Gragnolati spent five years at KPMG, where he held various roles in global M&A advisory and audit.1

Expertise and Achievements

Gragnolati is recognized as a seasoned capital markets professional with extensive experience in real estate finance.4 His expertise includes:

• Structuring and closing complex real estate transactions
• Developing and implementing financial processes across investment, construction, and accounting divisions
• Collaborating with government-sponsored enterprises like Freddie Mac to design and refine loan products

Recent Transactions

Under Gragnolati's leadership, 29th Street Finance has recently completed several notable preferred equity investments, including:

• A $5.3 million investment in The Dylan, a multifamily property in Murfreesboro, TN (June 2024)2
• A $3.2 million investment in Mystique at University Heights, a Class A multifamily property in Fort Worth, TX (September 2024)3

These transactions showcase Gragnolati's commitment to providing efficient and effective financing solutions for multifamily real estate investments.