Drake Real Estate Partners
Financial ServicesNew York, United States11-50 Employees
Drake Real Estate Partners is a New York City–based real estate investment and asset management firm. It targets income-producing assets that can be acquired at a meaningful discount to replacement cost and seeks to unlock value through repositioning, leasing improvements, and enhanced operations. The firm emphasizes a long-horizon, flexible capital approach and pursues opportunities that may be overlooked by other investors, rather than relying on broad macro forecasts. Its focus is on smaller, under-the-radar investments in strong, predominantly non-major U.S. markets, leveraging financial acumen, creativity, and local networks to identify idiosyncratic opportunities. Drake has completed more than $3.1 billion in transactions across geographies and property types and has formed partnerships with other operators on acquisitions, such as Bay Street Capital and Stella Marinas. In May 2026, Drake, in a joint venture with Stella Marinas, acquired Hope Springs Marina in Stafford County, Virginia, marking a concrete example of its ongoing activity in the asset class.