Tim Newington

Managing Director at The Macritchie Group

Tim Newington, CFA, is an accomplished finance professional with extensive experience in real estate and capital markets. Currently serving as Managing Director at Macritchie Inc. since January 2018, Tim oversees fundraising initiatives and strategy while sitting on the Executive and Investment Committees. Prior to this role, Tim was President at Solnet Capital Management, providing capital and advisory services across various sectors since January 2010. Tim also held Vice President positions at Macquarie Group from 2003 to 2009, Goldman Sachs from 2001 to 2003, and Credit Suisse from 1997 to 2001. Tim holds an MBA from Ivey Business School at Western University and a Bachelor's degree in Economics from York University.

Location

Toronto, Canada

Links

Previous companies


Org chart


Teams

This person is not in any teams


Offices

This person is not in any offices


The Macritchie Group

The Macritchie Group was formed in 2014 to acquire and develop niche real estate assets with high free cash flow, growth in excess of inflation and recession resistance. Each of its verticals uses proprietary data analytics to identify top opportunities and optimize performance. The Macritchie Group provides its investors with unparalleled returns through superior asset selection and industry expertise. The firm has committed over $450M of capital across 65+ properties since 2014. The Macritchie Group currently focuses on five verticals: Macritchie Storage: Macritchie develops self-storage facilities across the US. It uses proprietary analytics to identify development opportunities in strong primary and secondary markets, resulting in top-tier operating and investment performance. Otter Self Storage: Otter acquires and automates self-storage facilities in mid-tier markets across the US. To date, the group has acquired over 25 facilities within a diverse portfolio across 12 states. Honey Bee RV Storage: Honey Bee acquires and develops RV and boat storage facilities. It is one of the largest owners of property in the sector. To date, the group has completed over 20 deals, including the largest in the history of the sector with a six-asset portfolio acquisition in Florida. Osprey: Osprey acquires and develops RV communities with waterfront access near major metro areas. Osprey currently owns multiple waterfront RV communities across North America, ranging from the Sacramento Delta to Lake Ontario. Lynx: Lynx acquires and develops multi-tenant industrial outdoor storage facilities across the US. Lynx utilizes proprietary data analytics and in-house construction and operations teams to foster growth on a national scale.