David Butler

Co-CEO & Managing Partner at Argosy Real Estate Partners

Speaker

David is Co-CEO and Managing Partner of Argosy Real Estate Partners (AREP), where he has general management responsibilities for the firm’s investment strategy, asset management, operations, and fundraising. He is a member of the firm's Investment Committee and Management Committee. He has over 28 years of institutional real estate experience, closing in excess of $10 billion of real estate transactions.

AREP is a manager of opportunistic, core plus, and Opportunity Zone real estate private equity funds focused on the lower middle market (generally $5 million-$25 million equity investments). AREP has historically allocated a majority of its opportunistic fund portfolios to emerging and established alternative property sectors including build-to-rent, industrial outdoor storage, cold storage, lodging, life science, data center, and residential land. The firm also has substantial expertise in traditional asset classes including multifamily, industrial, retail, and office.

AREP, which has approximately $4.0 billion in real estate AUM, makes controlling joint venture equity, participating preferred equity, and co-GP investments alongside operating partners. AREP with 40 employees, currently manages ten discretionary funds on behalf of institutional investors, family offices, and HNW individuals located in the U.S., Europe, and Asia.

David is also Co-Founder, CEO, and Managing Partner of Argosy-Lionbridge Management (ALM). ALM is an asset management firm focused on investments in publicly traded real estate securities through both long-biased and market neutral hedge fund vehicles and separately managed accounts. David is also a member of the Advisory Board of 1Sharpe Ventures, an early stage proptech venture capital firm.

Previously, he was Vice President in the real estate investment group of J.P. Morgan Investment Management. David joined JPM from AIG Global Real Estate, a global opportunistic real estate private equity investor, where he was a Vice President. He started his career in the real estate investment banking group of Robertson Stephens, a subsidiary of both Bank of America and FleetBoston.

David is very involved with Stanford University, where he is an inductee to Stanford Associates for outstanding volunteer service. David is Co-Founder and Planning Committee Member of the Stanford Alumni Real Estate Council (SREC), a group of the most influential Stanford alumni in the real estate industry. He is a Founding Board Member and Past President of Stanford Professionals in Real Estate (SPIRE). David also personally established the founding grant for the Master of Science Degree in Sustainable Real Estate Development track in the Civil & Environmental Engineering Department / Doerr School of Sustainability at Stanford. David is also an Advisory Board Member of the Water in the West program at Stanford (a joint program of the Woods Institute for the Environment and the Bill Lane Center) which is focused on water policy in the Western U.S.

David is a member of the Urban Land Institute's National Small Scale Development Council and is also a member of the Real Estate Roundtable, which brings together leaders of the nation’s top real estate firms and trade associations to jointly address key national real estate policy issues. He is also on the Policy Advisory Board for the Fisher Center at UC Berkeley and is a member of the Executive Committee for the USC Lusk Center for Real Estate at the University of Southern California. David is also a member of the Board of Directors for the Boys and Girls Club of St. Helena and Calistoga and served as Co-Chairman of the capital campaign to build a new Calistoga facility.

David earned a BS in Civil Engineering and a BA in Economics from Stanford University as well an MBA from the Wharton School at the University of Pennsylvania.