Profile | Principals | Properties | Affiliates | Acquisitions | Contact

Barclay C. Welch has a unique combination of entrepreneurial and institutional real estate expertise. In a career spanning more than 20 years he has directed an opportunistic equity investment fund, made loans on behalf of a large insurance company, presided over a sizable property management company, and operated a small construction business. He has also directed the planning and development of several 100+ unit residential and mixed-use properties in urban infill locations.

Prior to forming Ansonia in 2002, Mr. Welch managed a $50 million private real estate equity fund that produced average annual returns in excess of 25%. Under Mr. Welch’s direction, the fund made direct investments in commercial and industrial properties, specializing in repositioning underperforming assets. In addition, the fund also made equity investments in multi-family, hotel, industrial and office properties. Mr. Welch’s responsibilities included structuring and negotiating each transaction, as well as underwriting, due diligence and asset monitoring.

During that period he was also the chief operating officer of Lowe Management and Construction Company, which operates more than 500,000 square feet of commercial property in low-rise, mid-rise and high-rise buildings. He was personally responsible for all aspects of property operations, leasing, budgeting, capital projects, financing, accounting and personnel. The portfolio of seven buildings was operated by a staff of 10 under Mr. Welch’s direction.

From 1988 to 1994, Mr. Welch was an investment officer for John Hancock Real Estate Finance, a national life insurance company mortgage lender. He underwrote, structured and negotiated the placement of more than $350 million of mortgage debt on all property types, particularly retail, office and multi-family housing properties. He was also instrumental in salvaging more than $200 million of questionable loans previously made by Hancock, and structured work out transactions that ultimately resulted in the payment of all amounts due to the lender.

Mr. Welch currently serves as a Board Member of the Heartland Alliance for Human Needs & Human Rights, which serves more than 100,000 people annually through its work in housing, health care, legal protection and economic security. He is also a Director of the Edgewater (Chicago) Chamber of Commerce.

Mr. Welch received a Bachelor of Arts degree in English from Connecticut College, and a Masters of Business Administration degree from the University of Connecticut.