Opportunistic & Special Situations Real Estate Investing
Built for opportunities others overlook
Speedwagon Capital Partners invests primarily in off-market real estate opportunities involving unique, inefficient, and dislocated situations where our experience, discipline, and capital can drive long-term value creation.
At Speedwagon Capital Partners, we believe the best investment opportunities rarely make headlines. They are found in off-market real estate, distressed assets, and special situations where experience, relationships, and disciplined execution create a competitive advantage.
Our investment strategy focuses on identifying fundamentally strong assets that are overlooked, undercapitalized, or misunderstood by the broader market. By combining deep market research, operational expertise, and a value-driven investment approach, we unlock opportunities that have the potential to generate attractive risk-adjusted returns while preserving investor capital.
We don't chase trends. We pursue opportunities where complexity creates value, and where disciplined execution can transform overlooked assets into long-term investments for our partners.
We pursue predominantly off-market opportunities where our network and experience uncover value others may overlook.
Partner Alignment
We invest alongside our partners with meaningful firm capital, aligning our interests and prioritizing downside protection and long-term value creation.
Story-Focused Investments
We look beyond the asset to find compelling stories and unique paths to value creation, regardless of asset class.
Team
Our team combines an entrepreneurial mindset with disciplined execution and deep experience across acquisitions, operations, and finance.
Steve Khoshabe
Founding Partner & Senior Managing Director
Steve is a founding partner of Speedwagon Capital Partners where he is closely involved in the strategy and execution of...
Read More
Jason Schiffman
Founding Partner & Senior Managing Director
Jason is a co-founder of Speedwagon Capital Partners and an executive manager with extensive experience...
Read More
Jeffrey Perelman
Founding Partner
Jeff is a co-founder of Speedwagon Capital Partners and has been with Sterling Partners for over 25 years...
Read More
Jonathan Feld
Partner
Jonathan is a Partner at Speedwagon Capital Partners where he focuses on investments in real assets and adjacent sectors...
Read More
Tyler Turasky
Vice President
Tyler is a Vice President at Speedwagon Capital Partners, where he focuses on real estate investments...
Read More
Kieran Sullivan
Vice President
Kieran is a Vice President at Speedwagon Capital Partners, focusing on real estate investment and development...
Read More
Marc Goldman
Investor Relations
Marc Goldman is responsible for Investor Relations at Speedwagon Capital Partners leveraging his extensive background in diverse...
Steve is a founding partner of Speedwagon Capital Partners where he is closely involved in the strategy and execution of Speedwagon Capital Partners investment strategy.
With over 30 years of experience, Steve has been the operator, the investor and sometimes both. Prior to starting Speedwagon Capital Partners in 2007, he was the President/CEO of United Financial Mortgage Corp. During his 11 years, he grew an organization with starting capital of $200,000 into one of the nation’s premier mortgage lenders through organic growth and a series of acquisitions. In December of 2005, he sold the company to a hedge fund.
Steve is passionate about finding opportunities for Speedwagon Capital Partners that not only present the risk/return profile the firm requires but opportunities that the “entire team is passionate about.”
Steve previously taught as an adjunct professor of economics in the graduate program at the Quinlan School of Business at Loyola University of Chicago. He holds a BS from Bradley University and a MBA from Loyola University of Chicago.
Jason is a co-founder of Speedwagon Capital Partners and an executive manager with extensive experience in operations, business development, and technology.
Jason was previously Chief Operating Officer of United Financial Mortgage Corp., one of the nation’s top 40 residential mortgage lenders, where he was solely responsible for the development, implementation and management of all the company’s processes and systems from a startup organization, through a series of acquisitions and ultimately to a public reporting company.
Putting capital to work in a wide range of investments, from seed to later-stage, across a variety of industries, is most interesting to Jason.
He holds a BS in Finance, Economics and Psychology from Elmhurst College.
Jeff is a co-founder of Speedwagon Capital Partners and has been with Sterling Partners for over 25 years. He has extensive experience in all facets of real estate investing and finance, including acquisition, oversight and disposition. He has invested in all real estate product types on a national basis and has consulted to Sterling portfolio companies on their real estate matters. Previously, Jeff was a managing partner of a Chicago-based commodities firm. Prior to that, he was a practicing attorney. He holds a BA from the University of Illinois and JD from Chicago-Kent College of Law.
Jonathan Feld
Partner
Jonathan is a Partner at Speedwagon Capital Partners where he focuses on investments in real assets and adjacent sectors. He is responsible for the formation and implementation of Speedwagon Capital Partners' investment strategies, identifying segments with persistent inefficiencies positioned to benefit from technology-driven innovation and hands on management.
Jonathan has over a dozen years of experience as an investor, operator and developer across all real estate sectors, throughout major markets and the risk spectrum. He currently serves on the Investment Committee alongside the firm’s Founding Partners.
Jonathan holds a BBA in Real Estate & Urban Land Economics from the University of Wisconsin-Madison.
Tyler is a Vice President at Speedwagon Capital Partners, where he focuses on real estate investments, development, and venture initiatives across various sectors. He is responsible for overseeing current investments, sourcing new opportunities, and structuring capital solutions.
With a background in Investment Real Estate, Finance, and Acquisitions, Tyler previously led real estate for a public MSO and served as VP of acquisitions specializing in cellular infrastructure, data, and renewables. Prior to that, he was an investment sales broker with Chicago’s Institutional Property Advisors Division.
Tyler holds a BS in Business Entrepreneurship & Real Estate from Arizona State University.
Kieran is a Vice President at Speedwagon Capital Partners, focusing on real estate investment and development, early-stage venture investment, and investor relations. He is responsible for underwriting and overseeing investments, sourcing new opportunities, and fundraising.
With a strong background in finance and real estate, Kieran has accumulated experience in real estate management and data analytics through various industry roles.
Kieran holds a BA in Economics from the University of Chicago, where he was active in the Trott Business Program.
Marc Goldman is responsible for Investor Relations at Speedwagon Capital Partners, leveraging his extensive background in diverse industries to build and maintain strong relationships with our investors. Prior to joining Speedwagon Capital Partners, Marc managed project purchasing and installation for an interior design firm, where he also contributed to the production of a sculptural furniture line. His experience in operations and trading at a small Eurodollar options trading firm at the Chicago Mercantile Exchange provided him with a solid foundation in financial markets. Additionally, Marc oversaw the purchasing, renovation, and installation of two hotels in Puerto Rico for a major hotel chain, showcasing his project management skills. He holds a degree from the University of Colorado Boulder School of Business.
The information provided on this website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only through formal offering documents delivered to qualified investors and in accordance with applicable securities laws.
Private placements involve a high degree of risk and are intended only for accredited investors who can bear the risk of loss of their investment. Investors should conduct their own due diligence and consult with their financial, legal, and tax advisors before making any investment decision.
Any references to prior performance are provided for illustrative purposes only and should not be relied upon as an indication of future results. Past performance is not indicative of, and does not guarantee, future performance. No representation or warranty is made that any investment will or is likely to achieve results comparable to those described or that any investor will or is likely to achieve profits or avoid losses.
By submitting your information, you confirm that you are an accredited investor and that you understand and accept the terms of this disclaimer.
This site uses cookies. To see how cookies are used, please review our
Privacy Notice. By clicking “Accept”, you are agreeing to our use of cookies. You can find out more about which cookies we are using or switch them off in
settings.
Analytics cookies
These cookies help us collect anonymous statistics on visitors to the Site, how they accessed it, how much time they spend there, and which pages they visited.
We may use third party analytics providers such as Google Analytics to collect and analyze usage of the Site.
Speedwagon Capital Partners, LLC PRIVACY NOTICE
Speedwagon Capital Partners, LLC (“SPEEDWAGON,” “our,” “us” or “we”) collects and processes Personal Data (which we define below) about you from your use of this website and through other means, such as when you contact us directly by phone or email or more generally in the course of operating our business. This Privacy Notice explains how we collect Personal Data, and how we use your Personal Data. This Privacy Notice does not address our privacy practices with respect to any Personal Data we may collect from an investor in the funds that we sponsor or manage. We address these practices in separate notices to investors as required by law.
1. What is Personal Data and what Personal Data do we collect?
“Personal Data” is any information relating to you or that we can otherwise link to you or your household.
The Personal Data we collect on this website may include your name, email address, residential address, IP address, telephone number, login information for our investor portal and other contact information. Some of this information we will only have access to if you provide it to us. When you visit our website, we may collect information about you when you enter and browse our website through the use of “cookies,” web server logs and other electronic tools. This information may include, without limitation, the number and frequency of your visits to our website, the websites accessed before and after you visit our website, the internet browser used by you and your IP address.
2. How do we collect Personal Data?
We collect Personal Data that you voluntarily provide to us, such as through “contact us” forms you choose to submit on our website to obtain more information about SPEEDWAGON or our funds. We may also collect Personal Data through the use of cookies, pixels, and other tracking technologies (as discussed further below) on our website, in the ordinary course of evaluating service providers, vendors and investments, in marketing our funds or from publicly available or accessible directories, databases and agencies. We may combine personal information that you provide to us with information that we collect from or about you from publicly available sources. This will include information collected in an online or offline context.
In addition to Personal Data collected from your use of our website, we may also collect Personal Data regarding our business contacts, partners, current and prospective investors, vendors and other contacts. We will collect some of this Personal Data if you contact our office or employees directly.
3. Cookies and Pixels
As with many websites, our website uses cookies, trackers, and pixels. A “cookie” is a small data file that is stored on a user’s computer. When you visit our website, one or more cookies may be sent to your computer or other device. We may also use cookies in emails that you receive from us. A session cookie expires immediately when you end your session (i.e., close your browser). A persistent cookie stores information on the hard drive so when you end your session and return to the same website at a later date the cookie information is still available. Generally, we use cookies to improve the quality of our service when you visit our website and other websites of interest to you. We also use cookies to remind us of who you are, tailor our products, services and advertising to suit the personal interests of you and others, estimate our audience size, and/or analyze your visiting patterns.
A “pixel” (including pixels, pixel IDs, pixel tags, web beacons, web bugs, and other similar technologies) is a small string of code placed on a web page or in an email message for the purpose of transferring information. Pixels allow us to recognize your preference information, keep track of your interactions, and facilitate effective website administration, often working in collaboration with third-party providers (such as LinkedIn). Pixels are implemented through clear GIFs that are tiny graphics with a unique identifier, similar in function to cookies. In contrast to cookies, which are stored on your computer’s hard drive, pixels are embedded invisibly on web pages. We and our third-party service providers may use pixels in connection with our sites and services to, among other things, track the activities of visitors across multiple devices, target ads that may be of use to you, help us manage content, and compile statistics about usage. We and our third-party service providers may also use pixels in HTML emails sent to you to help us track email response rates, identify when our emails are viewed, and track whether our emails are forwarded.
Certain of our service providers may use cookies, trackers, or pixels to collect information on our behalf. They are prohibited by our contract with them from sharing that information with anyone other than us or our other service providers. However, we respect your right to choose whether to be included in such services. You may opt out of certain of these services. In addition, in connection with the services that they provide to us, certain of our service providers may work with third parties who may use cookies, trackers, or pixels to collect information to tailor advertising for you and others elsewhere on the Internet. These third parties do not have access to any contact information about you, although they may receive information that could be considered personal information. If you would like to opt out of accepting cookies altogether, you can set your browser to not accept cookies or to notify you when you are sent a cookie, giving you the chance to decide whether or not to accept it. However, certain features of our websites or other services may not work if you delete or disable cookies.
When you visit our website, cookies, ad beacons, and similar technologies may be used by our online data partners or vendors to associate these activities with information they or others have about you, including your email address, device ID, and IP address. We (or service providers on our behalf) may then send communications and marketing to these email addresses. You can opt out of those communications at any time.
4. How do we use your Personal Data?
We use the Personal Data we collect from you on our website for communication purposes, such as, but not limited to (i) sending you information about SPEEDWAGON and/or our investment funds and (ii) maintaining our list of contacts. We use the Personal Data we collect from you through other means for business purposes, such as, but not limited to (i) communicating with service providers and vendors (ii) researching investment opportunities and (iii) managing our investments. No automated decision-making, including profiling, is used when processing your personal information.
5. Why do we process your Personal Data?
We process your Personal Data collected from your use of this website for certain business reasons, including communication and marketing purposes. We process your Personal Data collected by other means for other business reasons, including managing our business and our funds’ investments.
6. Is it necessary to provide Personal Data?
You are not required to submit information to us through this website. However, we may collect certain information automatically through the use of cookies and pixels. For our service providers, vendors, investors and other contacts, it is necessary to provide some Personal Data in order for us to do business with you.
7. With whom do we share your Personal Data?
We will not share your Personal Data with third parties except as permitted or required by law or regulation and to affiliates and service providers, including in the context of those third parties acting as data processors on our behalf and with whom we have a need to share such information. For example, we may use a customer relationship manager software platform to organize our business contacts, and your Personal Data may reside on that software. Where relevant, we will ensure that contractual safeguards are implemented with these third-party data processors to ensure the protection of your Personal Data.
SPEEDWAGON does not sell or transfer Personal Data to affiliates or third parties for value and does not intend to do so in the future. We will amend this Privacy Notice promptly upon any changes to this policy.
8. How long do we retain your Personal Data?
Your Personal Data will be retained for as long as you are one of our business contacts, or longer as required by applicable law. Your Personal Data may be deleted when it is no longer relevant or when you withdraw consent (pursuant to the rights detailed directly below which may be exercised by using the contact information contained at the end of this Privacy Notice), again within the parameters of applicable law. If we send you emails and/or market to you, you may unsubscribe at any time from communications from us, and we will cease sending you further communications.
9. What are my rights with respect to my Personal Data?
Residents of certain U.S. states have unique rights available to them under state data privacy laws. Depending on your residency, you may have the following rights.
Right to Access
You may have the right to request that we disclose the categories of Personal Data collected, the categories of sources from which personal information is collected, the business or commercial purpose for collection, the categories of third parties with which we share Personal Data, and the specific pieces of Personal Data that we have about you. You also may have the right to request that we provide your Personal Data to you in a readily useable format. And in certain states, you may have the right to request a list of specific third parties to which we disclosed your information.
Right to Correct
You may have the right to request that we correct your Personal Data in our records.
Right to Request Deletion
You may have the right to request that we delete Personal Data that we collected from you. Note, however, that certain requests to delete Personal Data may be denied if we are required to retain the information as a matter of law, the information is necessary for detecting security incidents, exercising free speech, protecting or defending against legal claims, or for internal uses reasonably aligned with consumer expectations. Records reflecting purchase histories cannot be deleted.
Right to Non-Discrimination
You have the right not to receive discriminatory treatment by us for exercise of these privacy rights. We do not offer financial incentives related to the provision of data.
Authorized Agent
You may have the right to designate an authorized agent to make these requests on your behalf.
To exercise any of these rights, please contact us at (800) 550-6370 or [email protected]. We may need to request specific information from you to help us confirm your identity and ensure your right to access the information (or to exercise any of your other rights). This is another appropriate security measure to ensure that Personal Data is not disclosed to any person who has no right to receive it.
10. Minors
This website and the services offered by SPEEDWAGON are not intended for minors and SPEEDWAGON does not knowingly collect Personal Data relating to minors and in the event of any inadvertent collection of Personal Data related to a minor, SPEEDWAGON expects to delete such Personal Data upon notice, but in any event, will comply with any provision of applicable data protection laws. The determination of whether an individual is a minor varies by jurisdiction, and may be as low as 13 years of age in some jurisdictions; however, SPEEDWAGON has determined to extend the protection afforded to minors to individuals less than 18 years of age.
11. What security do we have in place over your Personal Data?
SPEEDWAGON has implemented appropriate procedural and technical security measures to help protect your Personal Data against loss and to safeguard your Personal Data against access by unauthorized persons. We consider the protection of sensitive information to be a sound business practice and a top priority, and to that end we employ physical, electronic and procedural safeguards to protect your Personal Data. Although we employ certain safeguards to protect your Personal Data, we cannot guarantee the security of any information or data transmitted to or through our site; any transmission of information or data by you to or through this site is at your sole risk.
If you would like to request more information regarding the procedural and technical safeguards we have in place, please contact us at the email address below.
12. What are our procedures in the event of a breach to your Personal Data?
Depending on the applicable law, SPEEDWAGON may be required to notify you or the appropriate authority in the event of a breach. Various jurisdictions that have enacted data protection laws may require different procedures in the event of a breach of your Personal Data, including with regard to notification to certain regulators or agencies and the data subject; in each case and in the event of such a breach to your Personal Data, we will follow the laws of the applicable jurisdiction.
13. Updates to this Privacy Notice
This Privacy Notice was updated in February 2026. We may amend this Privacy Notice from time to time and for any reason, in our sole discretion, without notice, to reflect changes in our practices with respect to the processing of Personal Data or changes in applicable law. Future changes to this Privacy Notice will similarly be posted to this website; however, we will use information only in accordance with the Privacy Notice under which the information was collected.
14. Contact information
If you have any questions about how we process your Personal Data or to make a request regarding such Personal Data, please contact us at [email protected]. If you would like to contact us by telephone without incurring telephone charges, please submit your request and telephone number through the Contact Us form, and we will call you on the following business day. We may require additional information prior to completing any such request, but will in any case respond in a timely manner to any request, including, if necessary, a response notifying you that additional time is required to complete such request.
