Founded in 2000, Seattle-based Eagle Rock Ventures LLC is a real estate investment and development firm that focuses on value-added opportunities in the western United States, particularly the Puget Sound region. Managing Director Scott Shapiro has experience with a broad range of product types, including residential, office, retail and hotels. Projects include the acquisition of a historic hotel in Seattle’s International District and restoring the building for use as a hostel affiliated with Hostelling International, as well as the acquisition and renovation of a 14-unit apartment building in the Wallingford neighborhood of Seattle into a condominium community.

Homebuilders Toll Brothers Inc. have announced the formation of Gibraltar Capital and Asset Management LLC, a wholly owned subsidiary of Toll Brothers Inc., to pursue a broad range of real estate acquisition and investment opportunities. “We are excited to launch Gibraltar Capital at a time when we believe there are many potential investments arising from the distress in the real estate industry,” says Douglas C. Yearley Jr., Toll Brothers’ chief executive officer. “We intend to leverage Toll Brothers’ relationships, nationwide presence and well-known brand name, as well as our capital access, land acquisition, and development strength and experience in distressed acquisitions and workouts, to pursue opportunities that have synergies with, but may fall outside, our core homebuilding operations. These opportunities may include the acquisition and disposition of loan and property portfolios; the development of sites for sale to other builders; providing assistance to banks and developers in the workout of troubled real estate; and a myriad of other potential investments where our capabilities and capital access can add value.” Toll Brothers Inc. is the nation’s leading builder of luxury homes.