Andy Stewart

Co-CEO & Managing Partner at Argosy Real Estate Partners

Speaker

Andy Stewart, Co-Chief Executive Officer and Managing Partner

Andy Stewart is Co-CEO and Managing Partner of Argosy Real Estate Partners (AREP), where he has general management responsibilities for the firm’s investment strategy, asset management, operations, and fundraising. He is a member of the firm’s Investment Committee and Management Committee.

AREP is a manager of opportunistic, core plus, and Opportunity Zone real estate private equity funds focused on the lower middle market (generally $5 million-$25 million equity investments). AREP has historically allocated a majority of its opportunistic fund portfolios to emerging and established alternative property sectors including build-to-rent, industrial outdoor storage, cold storage, lodging, life science, data center, and residential land. The firm also has substantial expertise in traditional asset classes including multifamily, industrial, retail, and office.

AREP, which has approximately $4.0 billion in real estate AUM, makes controlling joint venture equity, participating preferred equity, and co-GP investments alongside operating partners. AREP with 40 employees, currently manages ten discretionary funds on behalf of institutional investors, family offices, and HNW individuals located in the U.S., Europe, and Asia

Andy is also Co-Founder, CEO, and Managing Partner of Argosy-Lionbridge Management (ALM). ALM is an asset management firm focused on investments in publicly traded real estate securities through both long-biased and market-neutral hedge fund vehicles and separately-managed accounts.

Prior to Argosy, Mr. Stewart was most recently Senior Manager of Acquisitions at M.D.C. Holdings, Inc., one of the nation’s largest public homebuilders, where he had responsibility for origination and execution of land and corporate investments throughout the company’s footprint. Mr. Stewart joined M.D.C. from Cherokee Investment Partners, a global opportunistic real estate private equity fund, where he was a Managing Director specializing in the acquisition and re-development of urban mixed-use, brownfield, residential and commercial assets. Mr. Stewart started his career at Sage Hospitality Resources, a prominent hotel management and investment company, where he was involved with the origination, underwriting, closing and asset management of hospitality investment and development projects. Mr. Stewart has 28 years of real estate investment and operating experience, involving over $5.0 billion of diverse real estate transactions throughout the United States and Canada throughout his career.

Mr. Stewart holds an MBA from the Wharton School of the University of Pennsylvania and a Bachelor of Science in Hotel Administration from Cornell University. He is a Sustaining Member of Wharton's Zell/Lurie Real Estate Center, serves on the Hotel Development National Product Council of the Urban Land Institute (ULI), and is a member of the Editorial Advisory Board for Institutional Real Estate Inc. (IREI)..