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Carbon River Capital

Grand Rapids, Michigan

About Carbon River Capital

Carbon River Capital is a private equity and real estate investment firm based in Grand Rapids, Michigan.

The Firm

Investors first. Operators by experience.

Carbon River Capital was formed by David Levitt, Max Benedict and Bradley Rosely after years of investing and developing real estate together through Third Coast Development (opens in a new tab).

The partners brought complementary backgrounds in corporate finance, brokerage, development, acquisitions and capital structuring to a common investment platform.

Carbon River was created to pursue opportunities beyond traditional ground-up development, including stabilized acquisitions, value-add real estate, sale-leasebacks and transactions where operating businesses and real estate intersect.

Today, the firm invests its own capital alongside investment partners in opportunities where the team believes its experience can create an advantage.

We remain deliberately principal-led. The people evaluating an investment before acquisition remain involved after closing.

Meet the Team Private Equity in West Michigan

Ryan Van Dam, Max Benedict, Bradley Rosely and David Levitt of Carbon River Capital, standing together in front of a dark steel wall
Carbon River Capital, Grand Rapids

Why Carbon River

Principal-led investing.

Carbon River was built by real estate professionals, not capital raisers.

The firm's principals have spent their careers finding sites, structuring transactions, securing financing, developing buildings, negotiating leases and managing real estate through changing market cycles.

That operating experience influences every investment decision we make.

  1. Local Knowledge

    Deep roots in West Michigan provide relationships and market knowledge developed over decades.

  2. Direct Involvement

    Investment decisions are made by the principals who source, underwrite and oversee the investments.

  3. Flexible Mandate

    We are not required to deploy capital into a particular property type simply because it fits a predetermined allocation.

  4. Creative Structuring

    Experience across development, acquisitions, financing and operating businesses allows us to evaluate opportunities others may overlook.

  5. Alignment

    We believe investment managers should have meaningful exposure to the outcomes they create. Carbon River invests alongside its capital partners.

Opportunity takes many forms.

We welcome inquiries from property owners, business owners, brokers, lenders, investment professionals and others interested in learning more about Carbon River Capital.

Whether you are considering the sale of a property, exploring a sale-leaseback or recapitalization, or presenting an investment opportunity, contact our team.