The CCM Difference
Professional Without Corporate:
We offer professional interactions without the red tape and bureaucracy. Our clients, employees, and investors are all stakeholders and priority #1. Our Executive Team is always accessible, and a phone call away.
Â
Direct Line Investing:
We source unique opportunities for investors based on decades of relationships with operating partners, lenders, and advisors. We provide a diverse range of opportunities that match risk-adjusted returns. We are nimble, agile, and quick to pivot to areas of emerging real estate investment opportunities.
Â
Diligence:
Our investment underwriting is rigorous, comprehensive, streamlined, and based on proven processes, which identify risks and mitigations. We continuously research ever-changing market conditions to understand real estate valuations and identify optimal geographic investment opportunities.
Â
Relationships:
It’s what we know and what we do well. We are long-term, strategic finance partners to builders, developers, and investors. We leverage decades of real estate experience to help our operating partners execute their business plans and achieve success.

CCM Team Experience
$1.5B
Assets Managed
15,000+
Units Closed
$400M+
Equity Investments
$500M+
Construction Lending
CORE STRATEGIES
Carpathian Capital Management performs a rigorous, streamlined review of each project to ensure that all criteria are met before proceeding. Our dedicated team leverages decades of relationships and industry knowledge to identify quality projects from best-in-class operating partners, dramatically increasing the likelihood of success for our investors. We are actively considering land development, vertical construction, and commercial opportunities (on a case-by-case basis).
CORE STRATEGIES
The CCM Private Lending fund fills a new construction and rehab market lending gap. Loans provided by the fund typically involve residential construction lending, fix and flip rehabilitation projects, or land for residential construction
CORE STRATEGIES
Carpathian Capital Management started its real estate investment activities in 2013 by purchasing residential rental real estate, both single-family and multi-family. These properties remain a core holding for the firm today.
HISTORICAL STRATEGIES
Commercial Properties
Carpathian Capital Management periodically invests in commercial projects directly or via joint ventures. For the moment, we are more focused on the considerable opportunity in residential real estate but will consider commercial opportunities on a case-by-case basis.
CORE STRATEGIES
Bring much-needed homes to thriving communities while leveraging decades of industry expertise to capture attractive risk-adjusted returns, targeting steady cash flows and compelling total returns. Invest in premium residential development projects in high-growth U.S. markets to enjoy attractive returns with Carpathian Capital Management.
Executive Team

Ian Colville
Managing Partner
Ian has ten years of real estate investing experience, ten years of investment banking experience and seven years of management consulting experience.

Eric Bialke
Sr. Director, Real Estate Joint Ventures
Eric has ten years of experience at Mountain Real Estate Capital and ten years as a Director Investment Manager at GMAC-RFC.

Matt Forster
Chief Operating Officer
Matt has twenty years of operations and executive leadership experience, including executive positions with three startups.

Steve Nolander
Sr. Director of Commercial Lending
Steve has twenty years of lending and joint venture equity experience, focusing on home builder lending and residential real estate
