Blue Cardinal Capital is a real estate private equity firm focused on unlocking the opportunities and advantages of second and third tier real estate markets in the United States and Canada through our carefully designed and managed portfolio of funds. For investors seeking exposure to real estate, we believe these markets offer the growth that will yield returns higher than the levels of risk represented in our funds while providing diversification, high potential and other features that make for a well-balanced investment portfolio.

Blue Cardinal pursues this mission by:

  • Creating and managing private equity funds for top developers with deep experience in small markets,
  • Realizing opportunities to build real estate value through place-making, programming and content-arranging,
  • Aggregating real estate investments in second and third tier markets that are distributed through a variety of sales channels, both public and private, and
  • Matching investments with investors through insightfulness, market awareness and real estate knowhow.

In short, Blue Cardinal Capital creates financial products with a structured finance approach in order to address real estate development challenges in both the United States and Canada.
Blue Cardinal Capital differentiates itself through (i) a team with expertise across finance, real estate and content development, and community engagement, (ii) an integrated bi-national platform offering unique products and services to the marketplace, and (iii) a narrow focus on the products and trends that are driving today’s real estate market.

Services We Provide

Project Financing

Equity and Mezzanine Facilities

Development Funds

Custom Solutions

Latest News

Blue Cardinal Capital has acquired a sprawling downtown Niagara Falls real estate portfolio that includes 38 parcels, mostly along Main Street. read more >

Attorney Dan Ujczo (pronounced “yout-so”) enters a large room so congested with tables, chairs, television cameras and monitors that it feels cramped. At the head table, on risers slightly above the level of the seating for the working group and observers, sit the three principal negotiators for the United States, Canada and Mexico, each silhouetted in front of his nation’s flag. read more >

Last month the Blue Cardinal team kicked off what we’re calling the “Expert Forum”. It will be a monthly series in which we share our research and analysis, inside knowledge on important topics and the results of white papers we and/or our partners have done. read more >

Observers of the real estate market in Western New York have witnessed a pace of development not seen in this region for generations. Both casual observers and industry insiders are enthusiastic about recent trends. Both see that public dollars and public project have fueled the rebirth of Buffalo. read more >

There was no drama on this Election Day as mayors in Rochester and Buffalo won easy re-election.
As incumbents Lovely Warren (D-Rochester) and Byron Brown (D-Buffalo) prepare for another term in office, they need to be planning to make sure the economies in each city are on sound footing.
It will not be an easy task. read more >

Bob Richardson and Therese Fuerst believe there isn’t enough capital available locally to fund all the potential development possibilities. So they’re trying to do something about it. The duo are partners in Blue Cardinal Capital, a new real estate private-equity firm in Buffalo designed to pool investment dollars from wealthy individuals, families or organizations to fund new developments. read more >

Blue Cardinal Capital hopes to land new, local clients… read more >

Opportunity Zone White Paper

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