More than 20 Years of Growth
ValStone Partners was formed in Birmingham, Michigan in 1998 by Gerald C. Timmis III, Larry E. Jennings, Jr. and Eric R. Abel—three venerable industry players.
Between 1998 and 1999, ValStone Partners completed its first transactions, including a $100+ million portfolio of loans. At that time, a major private institution identified our firm as a strategic partner and commenced a co-investment program that helped grow our investment and asset management offerings.
Since then, our team has expanded significantly and our assets under management have seen consistent growth. As of December 31, 2021, ValStone Partners has approximately $928 million of assets under management, which includes real estate owned and commitments. We have completed acquisitions with an aggregate stated value exceeding $1.2 billion since 1999.