Homestake Capital, LLC (“Homestake”), a boutique real estate investment firm located in Monmouth County, New Jersey, is focused on providing direct investment and non-traditional lending to residential and commercial developers.
Homestake further adds value by providing development and building experience to the sponsor or borrower. Homestake sources projects through its vast network in the building industry, providing a steady deal flow for investments. Homestake’s unique niche is providing capital for projects that are too big for one investor, but too “small” for a traditional institutional investor.
Michael J. Kokes, the Managing Principal of Homestake Capital, LLC, is a dedicated real estate professional with banking experience. Having fulfilled his desire for public service, he worked as a Detective at the Prosecutor’s Office before joining his family’s real estate business. Michael comes from a long lineage of real estate developers, encompassing more than 50 years of continuous business. Michael and his family have developed, built and owned numerous assets including master planned communities, golf courses, apartments, mobile home parks, continuing care facilities, water, sewer and cable franchises, commercial and retail centers.
Michael J. Kokes
Throughout the last 50+ years, the Kokes Family has built over 20,000 homes and hundreds of thousands of square feet of commercial space. In 2016, Michael assisted his family with selling their portfolio of age restricted lots to Lennar (NYSE: LEN), the nation’s second largest homebuilder. Michael was also critical in the divestiture of the family’s other real estate assets. In addition, Michael served on the Board of Directors of Harmony Bank, a $300 MM community bank in Jackson, NJ. Through his board membership, Michael helped the bank be successfully acquired by Lakeland Bank (NASDAQ: LBAI). Michael is the First Vice President of the Shore Builders Association and is on the Board of Directors of the New Jersey Builders Association. Michael is also a Trustee of the Operational Board for Monmouth Medical Center, a hospital within the RWJBarnabas system.