A is for Aries

Aries Capital's founder Neil Freeman, right,  earned his real estate license in South Florida when he was still in high school and has been moving properties ever since. Starting as Freeman Realty Advisers in 1991 (he transitioned to Aries by ?93), the firm focuses on adopting new kinds of financing: It was one of the first to get into the CMBS market (in the mid-90s, before it became a big oops); and, it also takes advantage of government New Market Capital funds to bring commercial development into low-income neighborhoods.

 

Neil is working on financing three LaQuinta Inns with help from a private investor, as well as using New Market funds to develop an office tower in Jackson,Mississippi and the historic Fairmount Hotel (previously the Roosevelt) in New Orleans. Both are in areas devastated by Katrina, so Neil was happy to have the chance to help. By the way, he's not an Aries himself; Neil chose an ?A? name so it would show up early in the directory, and also after his daughters, Ariel and Simone. Plus, Cancer Capital probably wasn't a good name for a company.


Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Logistics Property Co. Acquires 716K SF Industrial Property: The Chicago Deal Sheet

JLL Nabs Brokerage Team With Over 75 Years Combined At Rival CBRE

From Precast To Conservation: Addressing Today's Stormwater Challenges

Pair Of Evanston Apartment Buildings Trade Hands, Including A Reinsdorf-Backed Sale

Ireland's AI Funding Boom Helps Drive Down Dublin Office Vacancy Rates

Scale Without Blind Spots: Why National Contractors Must Lead Locally

How AI Is Reshaping Brokerage Operations And Investor Portfolios

Workers At 6 Chicago Hotels Go On Strike Ahead Of Chicago Marathon

Years Later, Millions In Chicago Housing Projects Remain Unbuilt

Rates, Rents And AI Risks: Peter Linneman's Warning For CRE

Chicago Office Deals Feature More Scrutiny, Added Tenant Protections

Delaware Statutory Trust Fundraising Jumps 27% From 2025