ABOUT US
Gaslamp Capital
Daniel Budish
PRESIDENT
Gaslamp Capital is quality focused as opposed to volume focused. What this means to Gaslamp's clients and partners is threefold:
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Gaslamp Capital performs extensive due diligence on each project within its portfolio to provide a high level of comfort to investors
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Gaslamp Capital provides its developer clients with the highest level of customer service, ensuring that each project moves through financial closing as efficiently as possible without leaving any detail overlooked
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Gaslamp Capital works with its developers and investors to individually customize terms of each investment for maximum mutual benefit
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Since its founding in 2015, Gaslamp Capital has consulted on and sourced equity for projects totaling over $307M in development costs.
Daniel Budish is an experienced fund manager with extensive knowledge of historic tax credits from both the developer and investor perspective.
Prior to opening Gaslamp Capital, Mr. Budish was Managing Director of a historic tax credit investment fund called the MainStreet America Fund. Under Budish’s supervision, the MainStreet America Fund saw great success, lining up millions of dollars worth of high quality projects for its investors.
Mr. Budish also has experience on the development side, working as Vice President of The Chesler Group, a historic development company based in Ohio and as a Development Officer for the City of Cleveland's Department of Economic Development.
Mr. Budish holds postgraduate degrees in urban planning and city design from both the London School of Economics and Cornell University.
OUR SERVICES
Gaslamp Capital provides a seamless, full-service experience to its investor and developer partners, including:
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Identification of high quality historic development projects across the country
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Extensive due diligence on each project to ensure deal quality and suitability
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Working closely with the developer, attorneys and accountants towards a thorough, yet speedy closing
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Provision of the requisite tax documentation to the investor, enabling the investor to obtain the credits without delay
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Asset management over the entire life of the investment
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FEATURED WORK
MERCHANT'S NATIONAL BANK BUILDING
Mobile, Alabama
Mixed-use residential, office, and retail
195,000 SF
$33.1M Project Cost
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Gaslamp Capital syndicated the $5.3M of Federal Historic Tax Credits for this major downtown redevelopment project. Gaslamp Capital also sourced a non-profit partner to provide a bridge loan for the Alabama State Historic Tax Credits, shepherding the developers through this complicated closing process.
PROJECTS IN THE NEWS
The Astrup Awning Building
Cleveland, OH
The Hayden
Columbus, OH
The Reunion Building
Tulsa, OK
TESTIMONIALS
KRIS VOIGT, PARTNER
Tellus Partners
We worked with Daniel on a highly complex $15.8MM HTC closing. His expertise was instrumental in navigating the intricacies of the transaction, which funded the repositioning of a Birmingham, AL downtown office tower into 404 luxury apartment units. The process ran smoothly - thanks entirely to Daniel’s guidance. We couldn’t have done it without him.
CONTACT
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CONTACT US
Daniel Budish, President​
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