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2600 Longstone Lane
Suite 201
Marriottsville, MD
21104

info@utilityassessments.com

410.442.7790 phone
410.442.7774 fax

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Chesapeake Capital Partners, LLC, founded in 1997, is a boutique real estate investment and private equity firm located in Marriottsville, MD.  In addition to its other more traditional real estate investing activities, Chesapeake Capital has developed a specialized niche in acquiring and managing portfolios of private water and sewer assessments (“Assessments”) in various counties within the State of Maryland.  In 1999, Chesapeake Capital was the first to apply a structured, private equity approach to such investments.


Chesapeake Capital is one of the largest purchasers of private utility assessments in the State of Maryland.

With our substantial investor backing and warehousing debt facilities, Chesapeake Capital’s goal is to continue to capture a substantial portion of the Assessments being created and sold by developers in the State of Maryland.  Chesapeake Capital is one of the only “institutional” purchaser of these assets, and sellers find that we can be relied upon to make quick commitments without financing contingencies. 

Sellers of Assessments are sometimes wary of selling to individual investors because there is some doubt that those investors will be able to fulfill their purchase commitments over a long period of time under varying economic conditions.  This is particularly true in the sale of larger portfolios.  Chesapeake Capital has completed individual Assessment portfolio purchases with purchase prices from $75,000 to in excess of $7 million and has an impeccable track record over its 10 plus years in the business.  References can be provided upon request.

Chesapeake Capital has the technical expertise to structure, close, and manage these transactions.

Without proper legal documentation and disclosures, there is a risk that the Assessments will not be collectible.  With the substantial experience of Chesapeake Capital, we have successfully closed the most complex transactions of this type. 

Chesapeake Capital is happy to become involved at any point in the process starting with the preparation and recording of the Declaration creating the Assessments, which is typically done in conjunction with  the filing of a record plat.  In fact, we can assist in creating proper filings and disclosure documents to ensure a smooth transaction.

We are also happy to purchase portfolios after several years of Assessments have already been collected.  Under this scenario, the ability of the seller to provide adequate documentation with regard to the creation and disclosure of, as well as collection  history for the portfolio, could have a significant impact on pricing. Under this scenario, the ability of the seller to provide adequate documentation with regard to the creation and disclosure of, as well as collection  history for the portfolio, could have a significant impact on pricing.

Chesapeake Capital has full in-house servicing capabilities, an experienced staff, and has recently created a customized software package which assists us with the nuances of each individual portfolio.  The use of advanced technology allows us to be more responsive and efficient as the scale of our business expands. 

Chesapeake Capital has made a substantial ongoing commitment to the purchase of private utility/front foot benefit assessments in the State of Maryland.

Chesapeake Capital, through multiple investment vehicles, currently controls over 7500 Assessments and is in active negotiations for the acquisition of several new portfolios.  Furthermore, Chesapeake Capital’s pipeline of likely future purchases is substantial. 

With the commitment of our lenders, the availability of substantially private capital (both in-house and that of long-time investors), and with our sophisticated in-house servicing capabilities, Chesapeake Capital has the resources to be relied upon as a purchaser of both large and small Assessment portfolios for years to come. 


For more information please click on the links above, and/or contact:

Matt Brunner
Chesapeake Capital Partners, LLC
2600 Longstone Lane, Suite 201
Marriottsville, Maryland 21104
410-442-7770 x211
mattb@chesapeakecap.com
www.chesapeakecap.com

 

 

 
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