Capital Automotive
Capital Automotive is the first company solely focused on providing highly tailored sale-leaseback capital to the automotive retail industry, and has been supporting automobile dealers since 1998. Through custom tailored real estate finance, CARS assists dealers in growing their organizations, acquiring new locations, upgrading existing facilities, constructing new stores, and facilitating estate planning and partner buyouts. CARS was created via collaboration of automobile dealers and experts in real estate and finance. Since inception, the team at CARS have developed and maintained relationships throughout the industry that have provided an in-house level of expertise unparalleled in the marketplace. Since October 2014, Capital Automotive has been owned by Brookfield Property Partners (Nasdaq: BPY; TSX: BPY.UN) and its institutional partners in a Brookfield-managed private real estate fund. Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management, a leading global alternative asset manager with approximately $285 billion in assets under management.