Formed in March 2017, Goldenrod Capital Advisors, LLC is an investment adviser registered with the
United States Securities and Exchange Commission (SEC) and is a limited liability company (LLC)
formed under the laws of the State of Nebraska headquartered in Omaha, Nebraska. We filed our initial
application to become registered as an investment adviser in August 2018.
We currently serve as investment adviser to private real estate funds, Goldenrod Capital Partners, LP,
Goldenrod Capital Partners II, LP and Goldenrod Capital Partners III, LP, which own and invest in
diversified portfolios of commercial real estate assets, comprised primarily of well-located, income-
producing properties such as office (office buildings, university buildings, research park/lab buildings, and
government/military buildings), mixed use/multi-family (student housing, single-tenant buildings, multi-
family apartments, hospitality, specialty/medical/industrial projects, or debt securities underlying such
projects.
Goldenrod Companies, LLC is the 100% owner of Goldenrod Ventures, LLC which is the 100% owner of
Goldenrod Capital Advisors, LLC.
Zachary Wiegert is our Managing Member and Managing Principal. He is also the controlling owner and
Managing Principal of Goldenrod Companies, LLC. Goldenrod Companies, LLC is a holding company
maintaining ownership and control of the different Goldenrod legal entities. Goldenrod Companies, LLC
is owned 1% by the Zachary A. Wiegert Revocable Trust, 99% by the Wiegert Family Trust (fka Amy J.
Wiegert 2018 Irrevocable Trust). Co-Trustees of the Wiegert Family Trust are Terry Connealy and
Zachary Wiegert. Goldenrod Ventures, LLC has been formed to hold member unit interest in businesses
that are not real estate investments. Businesses held by Goldenrod Ventures, LLC related to real estate
activity is Goldenrod Capital Advisors, LLC, which is the fund management services entity and the
general partnership interest (Goldenrod GP I, LLC, Goldenrod GP II, LLC and Goldenrod GP III, LLC) in
funds started by the Managing Principal. Other businesses under Goldenrod Ventures, LLC are minority
investments in operating type entities not related to real estate activities.
Description of Advisory Services
Goldenrod Capital Advisors is a real estate investment management firm specializing in income-
producing commercial real estate assets at strategic locations and to manage properties to minimize risk
and maximize current income, creating long-term value for investors. The firm is registered as an
investment adviser solely because it serves as investment adviser to real estate private investment funds
(referred to as “real estate funds”). We have a related company that serves as general partner and is the
sponsor of the real estate funds thus responsible for raising capital from third-party investors for the
funds.
Current related company sponsor includes Goldenrod GP I, LLC, Goldenrod GP II, LLC and Goldenrod
GP III, LLC. Therefore, Goldenrod Capital Advisors is not independent of the real estate funds we
manage. See also Item 10 – Other Industry Activities and Affiliations, Item 11 – Participation in Client
Transactions and Personal Trading and Item 16 – Custody of this Disclosure Brochure for more
information.
The offer and sale of interests in the real estate funds managed are exempt from registration under the
Securities Act of 1933 and similar state laws. Further, the real estate funds are also exempt from
registration
as an investment company under the Investment Company Act of 1940.
Goldenrod Capital Advisors, LLC Page 5 Form ADV Part 2A: Firm Brochure
Investors in the funds managed by Goldenrod Capital Advisors are required to execute a subscription
agreement to subscribe for interests in the fund(s) and will receive a Private Placement Memorandum, if
applicable.
Overview
Our services can best be described as managing private real estate funds. We primarily invest directly in
real estate property but can also invest indirectly through loans secured by real estate. Our objective is to
make opportunistic investments in attractive properties. In addition to seeking opportunities to add value
by providing liquidity to selling financial institutions or other real estate sellers, we attempt to add value
through property enhancements, improvements in operations, marketing and property positioning.
We identify and screen potential properties for investment purposes, conduct due diligence on such
investment opportunities, determine specific properties, and monitor the performance of our investments
on an on-going basis. We endeavor to do the following:
• Develop a general investment strategy based on each real estate fund’s objectives
• Screen potential investment properties for the funds
• Conduct due diligence on potential investment properties for the funds
• Evaluate and complete investment documents necessary to invest directly in selected real estate
property
• Advise each fund regarding the investments on a forward-looking basis
• Monitor investments and consult with individual fund investors periodically regarding all holdings
• Deliver periodic (quarterly and annual) updates to the fund investors regarding the status of
investments held in the funds
As investment adviser, Goldenrod Capital Advisors has sole and complete responsibility for managing
investment portfolios pursuant to the investment objectives and investment policies of each real estate
fund and will have discretionary authority for establishing and implementing each fund’s investment
objectives and policies. See Item 15 – Investment Discretion for more information.
Types of Investments
Goldenrod Capital Advisors exclusively provides advice on and manages private real estate investment
funds. Subsequently, our services are limited to analysis, selection and monitoring of real estate loans
and properties.
Tailor Advisory Services to Individual Needs of Clients
We do not currently have individual, natural-person clients or institutional, company-clients. We serve as
the investment adviser to affiliated real estate funds and have no other clients. All management and
investment decisions regarding our real estate funds are based on the individual fund’s objectives,
strategies and policies. We are responsible for all major investment decisions including, without
limitation, amending or changing an individual real estate fund’s investment objective; determining
investment strategies; and establishing and implementing investment policies or limitations.
Assets Managed by Goldenrod Capital Advisors
As of December 31, 2022, we manage $422,714,678 in client assets. All assets are managed on a
discretionary basis. See Item 15 – Investment Discretion for more information.
Goldenrod Capital Advisors, LLC Page 6 Form ADV Part 2A: Firm Brochure