Spruce Capital Partners
Spruce Capital Partners, established in 2007 by Robert Schwartz and Joshua Crane, is a privately held real estate investment firm based in New York City. The company encompasses S3 Capital, focused on institutional-quality middle-market construction lending, and Spruce Properties, which specializes in acquiring and managing multi-family housing assets nationwide.
S3 Capital was founded in 2013 and has since originated over 775 loans totaling $7.7 billion with a notable track record of zero capital losses on 550 realized loans. Spruce Properties, created in 2014, has managed investments in excess of $1 billion across 39 communities, emphasizing its commitment to quality asset management in the multi-family sector.
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