Portfolio · Past & present

Numbers,
not narratives.

The track record behind Stoneforge: deals our principals sourced, raised, and operated with partner firms, each anchored by a real tenant on a real lease, plus the Stoneforge pipeline being built on the same discipline.

Principal-led deals · 4
States · NY · PA · OR
Aggregate SF · ~272,000+
Structure · conservative, deal-first
Capital calls past closing · 0
Every closed deal

The list, in full.

Filter by status, state, or vintage. Deals under contract appear first; every closed deal below is principal track record.

Pipeline · 1 deal under contract

Status
State
Vintage

Closed · 4 properties

No active syndications
When a deal opens, accredited investors get first look 14 days before listing.
Upcoming · under review
We see ~400 deals a year. The ones that clear the doctrine land here.
Where our principals have operated

Four principal-led deals, three deliberate markets.

We follow fundamentals, not zip codes. Today that means New York, Pennsylvania, and Oregon, markets we know well enough to underwrite at depth and visit on short notice.

United States map showing markets where our principals have operated
Burnt River FarmsOregon-Idaho border
Braddock Hills Retail PortfolioPittsburgh, PA
Wayne Heights Shopping CenterWaynesboro, PA
ShopRite PlazaUlster County, NY
Closed

4

Properties

3

States

$32M

Principal-led acquisitions

We're newly established and intentionally small. Every property behind that number is one our principals walked, underwrote line by line, and operated. As Stoneforge grows, that bar doesn't move, we'll add capacity before we add zip codes.

Attribution

A principal-led track record.

The deals on this page were sourced, raised, and operated by Stoneforge's principals with partner firms prior to Stoneforge. They are shown as principal track record, not as Stoneforge transactions.

Disclosure. Past performance is not indicative of future results. This page is informational and is not an offer to sell or a solicitation to buy any security; offers are made only by PPM to verified accredited investors.
Six rules we don't break

The Doctrine.

Every Stoneforge deal passes through six tests before it ever reaches an investor inbox. Miss one, kill the deal.

01

Capital preservation first.

We'd rather miss a good deal than take a bad one.

02

Conservative underwriting.

T-12 actuals only. We model what's collected, not pro-forma.

03

Debt only when it strengthens the deal.

All-cash or fixed-rate seller financing, income covering payments 2x+. Never floating, never a bank on the clock.

04

Necessity over discretionary.

Grocery, medical, services. Things people drive to in a rainstorm.

05

Skin in the game, every deal.

5% manager equity in every deal. Our money sits next to yours from day one.

06

Monthly transparency.

Real-time portfolio visibility. No black boxes.

Verified accredited investors only

Want the full deck?

We'll send the current portfolio brief, a sample deal memo, and an invite to the next quarterly investor call.