About Crimson Capital

Our Mission

Crimson Capital was developed out of investor demand for direct investment in real estate and other alternative investments. The partnership was created from an existing private portfolio of more than 500,000 square feet of real estate acquired over 20 years. Crimson Capital was developed as an investment arm for individuals, self-directed IRA's, and institutions interested in the benefits of real estate and other alternative investments as an asset allocation, but unable to spend the time and effort required to acquire these investments directly. Crimson Capital seeks to make private investment available to those investors at a lower minimum investment threshold than in the open market, and in an environment where Crimson Capital's co-investment perfectly aligns ownership and management incentives to maximize value.

 

Principals

Joseph R. Prestifilippo Jr., co-founder of Crimson Capital. In conjunction with co-founder Stephen Malley, Mr. Prestifilippo is responsible for the day-to-day operations of Crimson Capital and the management of its portfolio. These duties include: identifying potential investment properties, evaluating risk and return profiles, negotiating contract terms, securing financing, managing relationships with existing corporate tenants, and managing residential construction projects. Prior to founding Crimson Capital, Mr. Prestifilippo was the Director of Acquisitions and Management for Holiday Investments, the predecessor to Crimson Capital. Mr. Prestifilippo holds a B.A. in Psychology from Harvard University and a J.D. from Seton Hall Law School. He is admitted to practice law in New Jersey and is a member of the New Jersey and American Bar Associations.

Stephen R. Malley, co-founder of Crimson Capital. Mr. Malley shares the aforementioned duties of running Crimson Capital with Joseph Prestifilippo. Since Crimson Capital’s inception in 2004, Mr. Malley and Mr. Prestifilippo have been responsible for more than 50 investments and dispositions totaling more than $350 million of invested capital. He has experience in the acquisition, disposition and development of commercial and residential investments properties, real estate and asset-based secured lending, and directing private equity investments into established and early-stage operating businesses. Prior to founding Crimson Capital, Mr. Malley worked in the Acquisitions group at JPMorgan Real Estate and was involved in transactions totaling more than one billion dollars of gross investment. Mr. Malley holds a B.A. in Economics, with Honors, from Harvard University.