About Us

We are an experienced team of real estate professionals focused on relationships and execution. We create value for our investors and partners through adherence to a disciplined investment strategy and we maintain lasting relationships with tenants, brokers and other counterparties by delivering creative solutions and consistent execution.

History

The firm and its predecessor companies have a 39-year operating history in all facets of commercial real estate, beginning as a local developer, and growing into a regional developer, investor, operating company and institutional asset manager.

In 2010, firm management formed Welsh Property Trust, LLC to consolidate various real estate holdings into a fully integrated real estate investment firm with a focus on developing, acquiring and managing state-of-the-art, class A, industrial properties. Using growth capital from institutional investors, Welsh Property Trust expanded its industrial portfolio by acquiring properties in major U.S. supply-chain markets.

In 2013, Welsh Property Trust used its expanded U.S. industrial portfolio as the foundation for the formation of a new real estate investment trust – WPT Industrial REIT – externally managed by Welsh Property Trust. WPT Industrial REIT (TSX: WIR.U) completed a successful initial public offering on the Toronto Stock Exchange, becoming the only publicly-traded Canadian REIT focused exclusively on U.S. industrial real estate. Following the REIT’s initial public offering, Welsh Property Trust expanded the REIT portfolio by sourcing and acquiring over 5 million square feet of additional industrial real estate located in major U.S. supply chain markets. For more information on WPT Industrial REIT, click here: WPT Industrial REIT

In early 2016, Welsh Property Trust recapitalized its private investment business resulting in the formation of a new company – WPT Capital Advisors, LLC – co-owned by senior management of the firm and a large international institutional investment manager.

Today, WPT Capital Advisors operates a fully integrated real estate investment business and continues to serve as the asset and property manager for WPT Industrial REIT.

Senior Management

Scott Frederiksen, CCIM, SIOR

Principal, Chief Executive Officer

Mr. Frederiksen has served in many distinguished roles during his 30-year tenure with the firm and its predecessor companies. 

Scott's Contact Information:

Dennis Heieie, CPA (inactive)

Principal, Chief Financial Officer

As CFO for WPT Capital Advisors and WPT Industrial REIT, Mr. Heieie oversees all accounting, analysis, and financial operations. This includes Welsh Securities, LLC, where he also holds his Series 27 securities license.

Dennis's Contact Information:

Matt Cimino

Principal, Chief Operating Officer & General Counsel

Mr. Cimino is Chief Operating Officer & General Counsel and a member of the board or managers of WPT Capital Advisors. He is also Chief Operating Officer & General Counsel of WPT Industrial REIT. In these roles, Mr. Cimino oversees day-to-day operations of the firm and strategic initiatives. Mr. Cimino also oversees all legal operations for WPT and the REIT, including securities matters, corporate governance, compliance, insurance, litigation and the structuring and negotiation of all joint ventures, private placements, acquisitions, dispositions, financing and leasing. Mr. Cimino also serves as the company's corporate secretary. Prior to his appointment as Chief Operating Officer & General Counsel, Mr. Cimino served as General Counsel & Secretary, with primary responsibility for all legal operations of the firm.

Matt's Contact Information:

Ben Applebaum

Principal, Co-Head of Investments

Mr. Applebaum is a principal of the firm and currently serves as Co-Head of Investments . He is responsible for guiding the firm's investment strategies for each of its investment vehicles, and also assisting with major strategic operational decisions relating to the firm's investments. Additionally, Mr. Applebaum is responsible for sourcing, underwriting, negotiating, structuring and closing investments for the company.

Ben's Contact Information:

Ryan Doyle

Principal, Co-Head of Investments

A 16-year veteran of WPT and its predecessors, Mr. Doyle is a principal of the firm and currently serves as Co-head of Investments.  He is responsible for sourcing, underwriting and closing industrial investments for the firm and its managed investment vehicles.  He also manages the disposition of select assets and works closely with the firm's asset managers on day-to-day operational decisions.  

Ryan's Contact Information:

Jennifer Widener

Vice President, Investments

Ms. Widener is currently the Vice President of Investments for WPT Capital Advisors. She is responsible for sourcing, underwriting and closing industrial investments for WPT and WPT Industrial REIT (WIR.U), with a specific focus on assets located in the western region of the U.S.

Jennifer's Contact Information:

Randy Bauernfeind

Vice President

As Vice President of the firm, Randy is responsible for the financial and strategic management of a portion of WPT's managed portfolio. He is also involved in acquisitions/dispositions.

Randy's Contact Information:

Spencer Gerberding, CCIM

Vice President

As Vice President of the firm, Spencer oversees asset management and is involved in acquisitions, dispositions, development, investor relations and capital markets transactions.

Spencer's Contact Information: