Black Cap Halcyon was founded by Anthony (“Tony”) Polston, an industry veteran who brings over 20 years of commercial real estate experience to the BCH team. Polston has more than 17 years of direct experience investing for institutional balance sheets and nearly three years of public accounting audit experience for real estate related companies, including national REITs such as Simon Property Group and Equity Residential Properties, as well as development and construction firms. Prior to founding Black Cap Halcyon, Polston successfully served in varying capacities of increasing responsibility within the real estate managed investments department of The Northwestern Mutual Life Insurance Company, a Fortune 150 financial services company with over $193 billion in invested assets. In those roles, he was directly involved in arranging, negotiating, closing, leasing, managing and servicing well in excess of $35 billion in institutional quality commercial real estate assets across a variety of property types and markets throughout nearly all major markets in the U.S.
Polston holds an M.B.A. in finance from the University of Michigan-Ann Arbor and an M.A. in public policy from the University of Chicago. He is also a graduate of Indiana University-Bloomington where he earned a B.S. in accounting. Polston is a full member of the Urban Land Institute and serves as a member of the Chicago chapter’s Mixed Use Product Council. In addition, Polston is Chair of the NAIOP Investment Management III National Forum and a member of the Mortgage Bankers Association.