Gaspee Capital

Gaspee Capital Management, an affiliate of Gaspee Companies, was formed to expand upon its strengths in identifying, investing in, and managing commercial real estate assets throughout the United States. Through redeveloping, repositioning, and stabilizing underutilized assets, the firm’s objective is to provide investors with a balanced portfolio of core-plus, value-add, opportunistic, and alternative investments in secondary markets throughout the country.

Since inception in 2016, Gaspee has acquired and developed over $120 million worth of commercial real estate, including individual retail assets, medical office buildings, and downtown mixed-use projects.  The results have spoken for themselves.



Gaspee’s current holdings exceed $80,000,000 and yield an average cash on cash return of 19%.


Gaspee’s realized investments have resulted in a 46% return on investment and a 2.2x net equity multiple.