Marble Capital provides flexible capital solutions for multifamily developers and operators nationwide. The company is managed by a group of accomplished real estate professionals with more than 100 years of combined experience in real estate finance, capital markets, development and operations.
Marble Capital offers multiple partnership solutions including preferred equity, JV equity, and co-GP equity to multifamily developers nationwide. Since its inception in 2016, the firm has closed or committed to projects with ~11,000 multifamily units worth $2.2 billion in total capitalization.
KNOWLEDGE, DEDICATION, AND INTEGRITY ARE THE PILLARS OF MARBLE CAPITAL. EXPERIENCE, RELATIONSHIPS, AND MARKET SAVVY SETS US APART.
THE MARBLE CAPITAL DIFFERENCE
Marble Capital possesses distinct characteristics that elevate the firm above other capital providers. Marble Capital’s prominent skill sets are discretionary capital, streamlined approval process and multifamily expertise.
Marble Capital has full discretion over project selection and capital placement
STREAMLINED APPROVAL PROCESS
A streamlined approval process allows the company to rapidly make decisions
Marble Capital’s principals have 100+ years of combined experience in multifamily with a special focus on suburban properties
Marble Capital’s expert principals bring a breadth of invaluable focus, experience and dedication to each project.
David K. Oelfke is a principal and co-founder of Marble Capital. In his executive role, David helps manage all aspects of investment activities for the fund, including capital raising, deal sourcing, and investment management for the fund’s assets. With over 32 years of experience, he is a respected leader in the industry. David has received nationwide recognition for his performance in the apartment market, working on behalf of the world’s leading owners to secure over $15 billion of multifamily advisory assignments.
He is also a founding principal and owner at PinPoint Commercial L.P., a Houston-based commercial real estate investor. There, David has been involved in the ownership of over 6,000 multifamily units, the development of 13 assisted living facilities, 850 acres of land, and over 500,000 square feet of industrial space with a total value of over $1 billion.
In addition to his myriad of titles, David is dedicated to his community, serving on the board of directors for Apartment Life and actively working with non-profit organizations, such as The College of Biblical Studies, on Every Word, The Toolbox Lunches, Stoney Creek Ranch, the UT System Chancellor’s Council and Second Baptist Church.
David holds a Bachelor of Business Administration from the University of Texas at Austin.
Adam Allen is a managing principal and founder of Marble Capital, LP. In this role, he helps manage all aspects of investment activities for Marble, including capital raising, deal sourcing and investment management for the company’s various funds. Adam has been in the commercial real estate business since 2004, previously having started ARA’s Capital Markets Group, which originated equity and debt for multifamily property owners. During his tenure, he led the raise of over $1B of equity across 75+ transactions, $2B of debt across 50+ transactions and closed over $5B of multifamily investment sales. Prior to joining ARA, he was director of acquisitions & development for PinPoint Commercial L.P. and a financial analyst for CBRE Capital Markets in Houston, Texas.
Adam serves on the advisory board for Texas Children’s Hospital Cancer Center and is actively involved in Young Life, Hope for Youth, and the University of Texas Real Estate Finance and Investment Center. Adam received his Masters of Business Administration from The University of Chicago, Booth School of Business and holds a Bachelor of Business Administration in business honors & finance from The University of Texas in Austin.
Matthew P. Rotan is a managing principal and a founder of Marble Capital, LP. In this role, Matt helps manage all aspects of investment activities for the Fund, including capital raising, deal sourcing, and investment management for the Fund’s assets. Matt is also a founding principal and owner in PinPoint Commercial, L.P., a Houston-based commercial real estate investor. At PinPoint, Matt has developed 13 assisted living facilities, 850 acres of land, and 500,000 square feet of industrial space with a total value of $675 million. In addition, he is a general partner and founding principal of Apartment Development Equity Fund (ADEF), a $56 million equity fund raised in 2013 to invest in ground-up multifamily developments across the country. To date, ADEF has invested in four multifamily projects in Texas and Florida.
Matt is the chairman of the board of directors and the executive committee of the Boys & Girls Country Home in Katy, Texas, an organization assisting children in crisis; an active member of St. Martins Church, where he recently served on the vestry; and a member of the Houston Livestock Show & Rodeo Breeder’s Greeter’s Committee, which supports college scholarships for Texas youth. He is a fourth generation Houstonian who has been married for over 25 years and has four children. Matt graduated from Texas State University in San Marcos, Texas with a Bachelor of Business Administration degree in marketing.
Carson McDaniel serves as President of Marble Capital, LP, and is responsible for managing all day to day operations, underwriting and evaluating investment opportunities, and managing investor relations.
Prior to joining Marble Capital, LP,. Carson spent three years at Allen Harrison Company in Houston, Texas. During his tenure there, Carson served two years as a capital markets associate and one year as a multifamily development and acquisitions analyst. While working as a capital markets associate, Carson’s primary responsibilities were managing a $30 million GP co-invest fund arranging joint venture equity for Allen Harrison Company transactions, and investor relations. Carson successfully allocated the $30 million GP co-invest fund to 12 assets statewide, five of which were ground-up development projects. Additionally, he assisted in the arrangement of $100 million in new joint venture equity for seven Allen Harrison Company transactions. During Carson’s time as a development and acquisitions analyst, he assisted in the underwriting of $400 million of potential multifamily transactions.
Carson received his Bachelor of Business Administration in finance from Texas A&M University.
David Stockton, CPA serves as Chief Financial Office of Marble Capital, LP. In this role, David focuses his time maintaining Marble Capital’s financial, personnel, and general corporate responsibilities. David also operates a consulting firm focusing on the financial needs of high-net-worth individuals and their related estates. His firm also oversees the financial activities of several real estate development companies and helps them maintain accurate reporting and compliance procedures.
David graduated with honors from Baylor University’s accounting program in 2002, and he also holds a master’s degree in Christian counseling from Denver Seminary. He has been married to his wife Jennifer for 10 years and they are raising their four boys, Will, Sam, Spencer, and Andrew.