#USA #Philadelphia #Sunrise Capital #Bourse Parking

Sunrise Capital Expands Its Portfolio

On August 1, 2025, Sunrise Capital Investors LLC announced its acquisition of the Bourse Parking Facility, a multi-level parking garage located in the historic Old City District of Philadelphia. This move signifies a strategic step for Sunrise Capital, a leading firm in the structure parking facility investments, committed to bolstering its portfolio with high-quality assets.

The Bourse Parking Facility is positioned just steps away from iconic landmarks such as the Liberty Bell and Independence Hall, making it a prime location. This facility operates around the clock, facilitating parking for locals, tourists, and the surrounding hotels within one of Philadelphia's most visited areas. Given the stringent zoning regulations in this prime location, the addition of new parking facilities is a rare occurrence, amplifying the importance of this acquisition.

Kevin Bupp, the founder of Sunrise Capital, expressed enthusiasm about the acquisition, stating, "The Bourse is the kind of stabilized, cash-flowing asset we look to acquire for our portfolio. It has an irreplaceable location, provides immediate yield, and offers long-term growth opportunities. We are also proud to enhance the vibrancy and functionality of such a historic urban district. A well-maintained and accessible parking facility is crucial for ensuring smooth operations for the city's tourists, local businesses, and residents."

This acquisition is not merely about expanding assets; it aligns with Sunrise Capital’s mission to meet community needs. According to Brian Spear, CEO of Sunrise Capital, the facility addresses a pressing demand for secure and convenient parking options in a high-traffic area. He noted, "This is a strong, performing asset that improves the long-term value of our portfolio. It serves a real need in the community where alternative parking options are scarce. The alignment between investor returns and practical utility is what we strive for."

As part of its growth strategy, Sunrise Capital aims to identify similar acquisition opportunities across major metropolitan areas in the United States. The firm emphasizes the importance of collaboration with commercial real estate (CRE) brokers in achieving its goals. Bupp highlighted, "CRE brokers are essential to our success. We pride ourselves on being a trustworthy and repeat buyer, known for closing the deals we commit to."

The Bourse acquisition adds another layer to Sunrise Capital's expansive portfolio of institutional-grade structured parking assets. Established in 2014, the Florida-based private equity firm specializes in investments related to mobile home parks and parking facilities. Currently, the firm manages $350 million in assets and has achieved an impressive record of 31 consecutive quarters of on-time distributions to its partners without any investor losses.

With an experienced team and a solid investment strategy, Sunrise Capital continues to redefine the parking facility investment landscape. The firm not only aims to contribute economically but is also committed to enhancing urban living experiences as it seeks to expand further into markets like Houston, Dallas/Fort Worth, Phoenix, Boston, Miami, Washington, D.C., and other metropolitan hubs. This acquisition of the Bourse Parking Facility stands as a testament to the company's commitment to quality investments and community needs, reinforcing its reputation as a reliable player in the structured parking sector.

For those in the commercial real estate sector, opportunities for collaboration with Sunrise Capital are readily available. Interested parties can reach out via their official website for more information about the firm’s acquisition criteria and potential partnerships.