Mr. Barthell is a Senior Managing Director with AXIS and has more than 30 years of experience in the real estate industry. He currently serves as Managing Director of Trinity Properties (Trinity), a private real estate firm, since 1997. Trinity is a national owner and developer of land and improved real estate. Over the course of his career Jack has developed new concepts and unique strategies to consummate real estate deals for a broad array of entrepreneurial and institutional capital users and providers since his first personal portfolio acquisition in 1976.
In 2004, Jack founded CB Richard Ellis Global Real Estate Securities LLL (CB GRES). CB GRES buys, manages and sells real estate securities for global real estate portfolios of institutional investors. As of late 2008, CB GRES had over twenty clients and more than $2 billion of assets under management.
At PricewaterhouseCoopers (PWC) in New York, Jack was in charge of the U.S. Capital Markets and Asset Advisory practice from 1997 to 2002. Among many accomplishments in these roles, he created the real estate investment banking group (the Group) at PWC Securities, an NASD and SEC registered broker-dealer. From 1999 to 2002, the Group did over $2.8 billion of financings. Jack also initiated and assisted in the structuring of PWC Securities’ 1940 Act Investment Advisory practice which received a $150 million allocation from CalPERS. Jack was also the real estate lead of the PWC team which advised in the Korean financial restructure (KAMCO) in 1998. In these roles he assisted clients in analyzing and evaluating real estate market, financial and regulatory matters as well as advising on strategic and business planning, deal structures and appropriate capitalization. As needed, he initiated, targeted and raised debt and equity capital for clients.
Before joining PWC, Jack had been engaged in a number of simultaneous business enterprises. These include a consulting firm, a value-added equity fund and a real estate development and investment firm. As such, he participated in raising approximately $300 million of debt and equity in an 18 month period from 1996 to 1997, creating over $1 billion of new residential real estate. The real estate firm was the largest independent land developer in Southern California with over $3 billion of assets.
Prior to 1996, Jack was the Managing Partner of the Kenneth Leventhal & Co. Los Angeles Management Advisory Services consulting practice. During his ten years at that position, the MAS practice became the largest organization dedicated to real estate consulting in the United States. While at the firm, Jack established the firm's appraisal and valuation practice, the pension consulting group, and he co-founded the Pacific Rim and hospitality practice areas. He has worked with all aspects of real estate development, management and operations, disposition, and redeployment including the associated accounting, tax, and financial ramifications. He has been admitted as an expert on real estate and related matters in various state and federal courts.
Jack has been a frequent speaker at various real estate industry gatherings, has written numerous publications and has appeared on television and radio on topical real estate matters. He is a certified public accountant (inactive) in California and Illinois, and a member of the American Institute of CPAs as well as respective state CPA societies. He has been a member of numerous industry groups, including the Pension Real Estate Association, N.Y.U. Real Estate Advisory Board and Institutional Investor's Advisory Board. He received his undergraduate degree with honors from Tulane University and has an MBA from the University of Chicago.