Who We Are

At its core DNA, First Capital Real Estate Investments LLC (First Capital), is comprised of an entrepreneurial spirit and investor centric investment strategy. These qualities paired with the leadership of Suneet Singal have led First Capital from humble beginnings to becoming an authority in the alternative asset management industry. Opening its doors in 2003, First Capital is a privately held commercial and residential real estate finance firm. Since its inception it has developed into a vertically-integrated company, First Capital is actively involved in real estate acquisition, land development, residential and commercial construction, and retail operations. First Capital has three strategic components to its business. First Capital sponsors a public, nontraded Real Estate Investment Trust, and owns the external advisor to that REIT, and has private holdings including development projects, and retail and operating companies.


Suneet Singal
Ron Cobb
John G. Fields

Suneet Singal

Chairman & CEO

Mr. Singal is the Chief Executive Officer and Chairman of the Board of First Capital Real Estate Trust Inc LLC, and founding principal of its predecessor company First Capital Real Estate Investments. Mr. Singal has finance and development experience in multiple asset classes, ranging from residential and commercial retail and wholesale loan origination, underwriting and securitization and development, to the acquisition of raw unentitled land, entitlement completion and map approvals, bond financing, infrastructure buildout and vertical construction, real estate asset rehabilitation, asset lease-up and asset stabilization. Mr. Singal began his real estate finance career in 2001 in lending origination and eventually formed his own company growing over $75M in annual origination as a direct lender. He eventually merged and acquired a national Inc. 500 real estate lending platform in 2006 and grew it to over $1B a year in originations in both retail and wholesale as a direct lender with business in over 40 states. After the real estate market turn in 2007-08, he advised and became a principal in multiple development projects ranging from land development both residential and commercial including master plans, multi-family, self-storage, hospitality, industrial, retail/QSR, and mixed use properties. Mr. Singal’s experience in both real estate finance and principal advisory for over 14 years gives him a unique advantage in the marketplace, understanding multiple components of real estate transactions. Mr. Singal currently holds a Bachelor of Arts degree in Finance with a concentration in Investments from California State University-Sacramento and is a licensed California Mortgage Broker.