As a partner of Appian Capital, Mr. Hedrick is predominantly responsible for developing and supporting the relationships with real estate operators, structuring investments as well as overseeing the company’s asset management team. He also sits on the Appian Capital Investment Committee. Mr. Hedrick has over 25 years of real estate investment experience including extensive involvement in distressed asset portfolio acquisition and management, capital structuring and private fund oversight.
Prior to joining Appian Capital, Mr. Hedrick was President of Midtown Niki Capital Partners a San Diego based family office. For over ten years, Mr. Hedrick directed all aspects of joint venture investment in over $950 million of real estate development projects for this closely held investment fund. In 1994 Mr. Hedrick co-founded with George Marcus and served as managing director of Hanover Property Company, the joint venture investment arm of Marcus & Millichap. Mr. Hedrick also worked at Essex Property Trust as Vice President where he led the division that purchased portfolios of distressed loans from private lending institutions and at Colony Capital, the foremost investment fund targeting the purchase of RTC/FDIC pools of non-performing loans.
Mr. Hedrick earned his B.S. degree in Business and Finance from the University of Southern California and lives with his wife and three children in Del Mar, California.