A multi-asset holding company stewarding real estate, operating businesses, and long-term capital across the Southeast.
Explore PortfolioWe anchor underwriting to replacement cost and intrinsic value — not to the prevailing mood of the market.
We hold a small number of positions we know well, rather than a broad portfolio we know thinly.
Our sponsors bring meaningful operating experience to the sectors they underwrite, and meaningful personal capital alongside it. That perspective shapes diligence, structure, and the value-creation plan — and the alignment ensures we are paid when our partners are paid.
Long-standing relationships with operators, brokers, lenders, and municipalities translate into proprietary deal flow — and into a depth of perspective that informs how we value each asset, identify the right operating partner, and judge the durability of demand around it.
“Resilience is engineered before underwriting begins. Compounding is what follows.”
27 East Hibiscus Boulevard is the platform's featured holding — and the only opportunity currently accepting investor capital. The basis, the thesis, and the path to stabilization are detailed in the equity memo.
A curated set of real assets and operating businesses — each chosen for cash flow, downside protection, and long-term compounding. New holdings are added selectively.
Sea Spray Capital is led by operators and investors who have built and stewarded real businesses across multiple cycles.
A builder, developer, and entrepreneur with more than thirty years of experience shaping commercial spaces across the United States. Founder of Northboro Builders, which has completed 2,000+ restaurant projects nationwide for franchise, hospitality, and growth brands. His vertically integrated Relentless platform spans private equity, title & law, real estate, properties, and equestrian — anchored by a focus on revitalizing urban districts like Eau Gallie and Midtown Melbourne.
A seasoned investor with a multi-decade track record of acquiring, developing, and harvesting commercial and residential real estate across Florida and the Southeast. Summit's platform spans office and medical product, hospitality, retail and food-service ventures, and a ground-up residential pipeline — extended vertically into private lending, captive insurance, and parking infrastructure. In parallel, he leads a 45-year-old fuel and convenience platform serving 400+ sites across the Southeast.
Sea Spray Capital works with a small number of investors and operators each year. If our approach resonates, we'd like to hear from you.
