Westmount Realty Capital, LLC Corporate Brochure 7-22

2. INTRODUCTION
Why should you trust Westmount with your commercial
real estate investments?
During our 35-year history, Westmount has been guided by a
commitment to integrity and transparency. As we have built the
company, we aspire to be known for three attributes: a highly
professional team, a satisfied group of investors, and a praise-
worthy track record. Throughout all facets of our business,
our relationship-driven approach is key to our success.
Westmount has built a team of dynamic professionals who
are able to consistently identify underserved acquisition
opportunities with the potential to evolve into high-performing
assets. These capabilities stem from the coordinated, cross-
functional approach of all our departments supported by core
technology systems. By connecting the unique competencies of
all departments and drawing upon their collective expertise, our
team crafts creative solutions that yield the highest results. With
a competitive and entrepreneurial spirit backed by a team that
understands all aspects of our business, we have achieved
a distinguished track record. We also foster continuous
improvement of our professional capabilities by encouraging
team members to expand their scope through education,
memberships to professional organizations, and networking.
Our investor base has experienced similar growth over the years
through our trusted stewardship of their investments. We aim
to earn their highest level of confidence and grow our investor
network through continued performance. We do so by bringing our
investors the best possible cash ow returns, reliable reporting, and
personalized treatment they deserve. This time-tested approach to
business has expanded our investor base worldwide to include
domestic and international individuals, institutions, private equity
firms, and family offices from eight countries.
Our leadership has been successful at artfully anticipating real
estate cycles and trends that enable us to capture top-of-the-
market returns for our investors. Following our formula for value
creation and cash flow growth, we have built a track record of
successful investments within industrial, multifamily, and office
assets. Over the life of the company, investments total more than
44 million square feet, with current assets totaling over 16 million
square feet. Westmount has earned respect among commercial
real estate companies for its proven performance, longevity,
growth, and prominence as an insightful, creative,
and nimble operating company.
Clifford A. Booth
Founder & Chairman

3. Plaza 85 Business Park • 5970 Unity Drive. Norcross, GA 300712

4. Westmount at Mason Creek • 21500 Park Row. Katy, TX 77449

5. 1
CONTENTS
About Us 2
10
Investment Process Overview
6
Notable Milestones
12
Methodology
19
Capabilities
22
Our Team
28
Contact Us
4
Meet The Founder
16
Market Experience
9
Investment Profiles
15
Investment Criteria

6. 2
ABOUT US
Westmount Realty Capital
Westmount Realty Capital, LLC is a private Dallas-based owner and operator specializing in value-add,
opportunistic and core-plus investments. For over 35 years, our time-tested and relationship-driven approach
to commercial real estate investment has generated superior returns and earned the trust of numerous U.S.
and foreign institutional and private capital sources.
Mission
Westmount is a time-tested, best-in-class real estate entrepreneur that builds valuable relationships.

7. We value our investors, our business
partners, and our employees.
Relationship building is the key to
our success on every front.
- CLIFFORD A. BOOTH
“
”

8. 4
MEET THE FOUNDER
Clifford A. Booth
Founder & Chairman
CBooth@westmountrc.com
A native of Montreal, Canada, Cliff Booth is the founder and chairman of
Westmount Realty Capital, LLC. He holds a B.A. Honors in Political Science from
McGill University in Montreal and an M.Sc. in Economics from The London School
of Economics. Cliff first moved to Dallas in 1979 and founded the company shortly
afterward.
With over 35 years of industry experience, Cliff is recognized as an innovative and
leading-edge investor. His relationship-driven approach towards investing has
earned the trust of numerous U.S. and foreign institutional and private capital
sources, many of which have been investing with Westmount for decades.
Among his many notable achievements, he was one of the first to assemble a
significant portfolio of flex industrial properties in the United States and also a
pioneer investor of office and flex industrial in/around Downtown Dallas in the
1990s. To date, Cliff has led the company to build a portfolio of over 16 million
square feet of industrial properties and 7,000 multifamily units with offices in
several cities.
Cliff chairs the Investment Committee and directly oversees the strategic
development and capital initiatives of Westmount. Through his involvement in the
Urban Land Institute Board as a governor and Industrial and Office Parks Council
(IOPC-Silver), Cliff shares ideas and insights with other leaders in the commercial
real estate industry.

9. 4055 Deerpark Blvd. Elkton, FL 32033

10. NOTABLE MILESTONES
6

11. 7

12. Westmount at Ashwood • 1000 Ashwood Pkwy. Atlanta, GA 30338

13. 9
Westmount focuses on opportunistic, value-add, and core plus, specializing in three main
product types: industrial, multifamily, and office.
Opportunistic
This high-risk, high-return strategy focuses on properties that require a significant
number of enhancements and may also involve investments in development, raw
land, and niche property sectors. Opportunistic investments are tactical and can
include financial arbitrage strategies or strategies focused on unwinding or working
out complex financial structures or large, improperly leveraged portfolios.
Value-Add
Properties are considered value-add when they exhibit management or operational
problems, require physical improvement, and/or suffer from capital constraints.
Westmount’s value-add strategy aims to deliver superior risk-adjusted returns
through property renovations, lease-up, management, and redevelopment. We also
place a heavy emphasis on pricing discipline and seek value by "buying right" and
investing below replacement costs.
Core Plus
Westmount’s core plus investment strategy focuses on stabilizing buildings that are
currently generating stable income and have the potential for capital appreciation
through rental growth, lease-up, and addressing deferred maintenance. This
minimum-to-moderate risk strategy targets high-quality assets meeting the
functional needs of today’s tenants.
INVESTMENT PROFILES

14. Each team collects real-time market
information that is synthesized and
incorporated into a comprehensive
financial analysis of each investment
opportunity. Our investment strategies
include:
Our acquisitions department is comprised
of separate teams that specialize in one
of three asset types:
01
ACQUISITIONS
• Property
• Title
• Survey
• Zoning
The Westmount in-house Due Diligence
and Construction Management teams
coordinate between the wealth of real
estate expertise across the Westmount
platform and third-party consultants to
validate underwriting assumptions
through extensive studies of the property
and surrounding areas.
Thorough analysis is done on the:
• Environmental
• Design
• Structural
• Operational history
02
DUE DILIGENCE
This team synergy helps identify areas of
deficiency and value-add potential via on-
site inspections and engineering studies,
thus reducing the risk of unforeseen costs
while refining our business plan.
TEAM SYNERGY EFFECTIVELY
REDUCES COSTS
=
We develop an appropriate capital
structure for each asset to provide the
optimal risk-adjusted return for our
investors.
Sources of equity include:
• Institutional Capital
• High Net-Worth (HNW) Investors
• Family Offices
• Registered Investment Advisors (RIAs)
We are relationship-driven, institutionally
scrubbed, and maintain conservative
underwriting assumptions.
COMMERCIAL TRANSACTIONS
55%
TO 65%
DEBT
35%
TO 45%
EQUITY
MULTIFAMILY ASSETS
65%
TO 75%
DEBT
25%
TO 35%
EQUITY
INDUSTRIAL MULTIFAMILY OFFICE
VALUE-ADD CORE PLUS
OPPORTUNISTIC
INVESTMENTS
INVESTMENT PROCESS OVERVIEW
10
INVESTMENT PROCESS OVERVIEW
03
CAPITAL STRUCTURE

15. Following the acquisition, we enact a robust
property rebranding and marketing strategy to
boost brand recognition. In addition to
renaming the property, we rollout new:
We establish personal, positive relationships
with tenants and vendors by arranging on-site
visits to introduce our Asset and Property
Management teams. This helps:
04
MARKETING & COMMUNICATION
• Identify existing issues and concerns
• Enhance tenant satisfaction
• Foster seamless operations
• Build trust
05
ASSET MANAGEMENT
Our Asset Management team collaborates
with multiple departments including:
We perform numerous planned capital
improvements, including tenant amenities
as well as exterior and interior
renovations:
• Building and updating clubhouses, pools,
mail lockers, fencing, and other amenities
• Improving water and electricity
consumption
• Building envelope deficiencies
• Updating structure and site work
We perform several building and tenant
improvements for commercial assets
including:
• Updating to more efficient lighting
• Adding additional parking
• Building additional dock doors
• Constructing additional office finish
06
RENOVATE & REPOSITION
To achieve maximum performance in
leasing and operations, the team devises
and executes a business plan that aligns
with the findings from Due Diligence and
the original underwriting.
BUSINESS PLAN
EXECUTION
In conjunction, they are able to:
• Determine asset deficiencies
• Capitalize on value-add opportunities
• Establish a plan for daily operations
• Pinpoint leasing needs
• Help create marketing packages
MULTIFAMILY
ASSETS
COMMERCIAL
ASSETS
ENGINEERING &
CONSTRUCTION
PROPERTY
MANAGEMENT
MARKETING
LOGOS &
SIGNAGE
WEBSITES &
BROCHURES
PROFESSIONAL
PHOTOS
HEALTHY TENANT RELATIONSHIPS
IMPROVE OPERATIONAL EFFICIENCY
=
11

16. 12
METHODOLOGY
Focused Investment Criteria
We only utilize capital for high-potential, well-
located real estate where opportunity exists to
drive operational improvement. We seek overlooked
assets and locations with value-add opportunity.
Conservative Underwriting and Structuring
We structure our underwriting based on:
•Disciplined property-level rent and expense forecasts
•CapEx prefunded through the hold period
•Avoid mezzanine equity and debt
•Proforma cap rate expansion on exit
Active Management
We provide full-service asset management. We believe a
hands-on management approach is crucial to preserving
value found in the acquisition process and adding value
and managing risk during the life cycle of an investment.
Boots on The Ground
Our local experienced acquisitions personnel leverage
their longstanding relationships with property owners and
brokers to source and close opportunities. This also
opens the door to many off-market deals.

17. Vertically Integrated
In-house asset management, property management
construction & engineering teams enable us to
move quickly on investment opportunities while
remaining flexible to market conditions.
Leverage Technology
We invest in current technology to support critical
acquisitions, accounting, risk management, capital
raising, due diligence, and investor relations functions.
Relationship Focused
We make a concerted effort to build long-
lasting, win/win relationships with anyone we
work with including our tenants, brokers, vendors,
lenders, and investors. This time-tested approach
has yielded numerous longstanding and fruitful
relationships within the industry.
13

18. Mountain Vista Commerce Center • 14647 S 50th St. Phoenix, AZ 85044

19. 15
INVESTMENT CRITERIA
INDUSTRIAL ACQUISITIONS
Seeking value-add and core plus
investments
Typical transaction size: $25M to
$100M with no upper limit
MARKETS:
Primary and secondary U.S. markets
TARGETED LEVERAGED RETURNS:
16-18% for value-add and 11-13% for core
plus
Seeking value-add and opportunistic
investments
Typical transaction size: $20M to $50M
(200+ units) for a single asset and
$50M+ assets on a select basis
MARKETS:
Primary Texas markets, Arizona, Georgia,
Carolinas, and Florida
TARGETED LEVERAGED RETURNS:
15-18% for value-add and 11-13% for core
plus
Seeking value-add and infill core plus in
CBD and suburban areas
Typical transaction size: $40M+
MARKETS:
Primary and secondary U.S. markets
TARGETED LEVERAGED RETURNS:
18-22% for value-add and 13-15% for core
plus
MULTIFAMILY ACQUISITIONS OFFICE ACQUISITIONS
TARGET ASSETS
• Business parks
• Single-story
• Mid-rise
• High-rise
TARGET ASSETS
• Class: B to A- || Location: B to A+
• Capital Improvements:
$5,000/unit to $20,000/unit
• Leverage: 70% +/-
• Vintage: prefer 1990 to 2015, but
consider 1970 to 1980 if well located
• Newly built or in lease up
TARGET ASSETS
• Warehouse/distribution
• Light industrial
• Freezer/cooler
• Manufacturing facilities
• Surplus corporate facilities
• Sale/lease-backs

20. 16
MARKET EXPERIENCE
Headquarters
Regional Offices
Markets with currently-owned industrial/office properties:
Atlanta, Chicago, Cincinnati, Columbus, Dallas-Fort Worth,
Florence, Jacksonville, Minneapolis, Milwaukee, Nashville,
Phoenix, Tampa
Markets with currently-owned multifamily properties:
Atlanta, Dallas-Fort Worth, Houston, Orlando, Phoenix,
San Antonio
Prior Market Experience
Current Market Holdings

21. Urban Trails at The District • 1620 W Southern Ave. Mesa, AZ 85202

22. 16
Interstate Business Park • 4508 Oak Fair Blvd. Tampa, FL 33610

23. 19
Westmount has a distinguished track record of successful investments. Applying our
relationship-driven approach, we bring a competitive and entrepreneurial spirit backed by a
team that understands all aspects of our business.
Keys to Success
Target “under-the-radar” value-add and opportunistic
investments
Focus on markets with strong current and projected
job growth plus secondary markets exhibiting long-
term trends for job growth and liquidity
Pursue investments indicating immediate or near-term
cash flow with strong potential for capital appreciation
Identify operational inefficiencies typically stemming
from inadequate or absentee management
CAPABILITIES
•
ACQUISITIONS
Westmount integrates a disciplined approach to
acquisitions with comprehensive market research,
extensive local industry relationships, and regionally
focused market specialists to identify potential
investments. This approach, coupled with a
streamlined due diligence process and swift closing
abilities, enables us to capitalize on investment
opportunities.
ASSET MANAGEMENT
With each new acquisition, the asset management
team customizes a strategic business plan for the
property. Quarterly reviews are conducted to
evaluate performance and maximize asset and
market values.
Keys to Success
• Perform strategic and cost-effective physical
improvements to assets in accordance with the
business plan and budget
• Utilize creative leasing, broker incentives, and events
to increase awareness of the property
• Conduct regular meetings to review the performance
of each asset in the portfolio
• Produce monthly, quarterly, and annual reports for
investors and lenders
•
•
•

24. ACCOUNTING & REPORTING
Westmount’s professional accounting team provides
transparent and timely reporting, compliance, and
investor services. We utilize industry-leading
accounting systems and software to manage and
communicate relevant financial information in an
accurate and timely manner.
Keys to Success
• Ongoing collaboration with asset and property management
teams to ensure accuracy
• Use of MRI and other industry-leading software to generate
financial reports for every property
• Engage recognized regional and national accounting firms to
complete tax returns and perform audits
PROPERTY MANAGEMENT
Our experienced property management team works
directly with tenants, vendors, and lenders to
optimize asset performance. This hands-on approach
enables us to mitigate risk, quickly respond to
property needs, and make improvements that add
value.
Keys to Success
• Achieve high renewal rates by fostering positive tenant and
vendor relationships
• Prepare annual budgets and CAM reconciliations
• Oversee monthly tenant billing and collections
• Retain on-site facility managers to ensure quality daily
operations
• Collaborate closely with accounting and investor relations
teams for accurate reporting
20

25. 21
Keys to Success
• Evaluate potential assets as part of our rigorous, pre-
acquisition due diligence process to identify potential
risks, defects, and value-add opportunities
• Proactively inspect properties to detect and prevent
potential problem areas
• Develop the appropriate scope of work and manage the
competitive bid process post-closing
• Provide project oversight and quality assurance
throughout the capital improvement process
Keys to Success
• Deliver timely and accurate information to investors
• Respond to all investor inquiries quickly and effectively
• Maintain relationships and build trust with investors
ENGINEERING & CONSTRUCTION
Our in-house team of engineers and construction
managers is a critical component of our acquisitions
and asset management process, leading to maximum
value creation for our investors. Their extensive
industry knowledge and expertise serve to resolve
issues in the most cost-effective manner.
INVESTOR RELATIONS
Our investor relations team maintains a personal
relationship with our investors through frequent
communication via letters, reports, and other
correspondence. Through these efforts, we have built
a large investor base in multiple countries around the
world, many of whom have invested with us for over
25 years.

26. 22
OUR TEAM
Brant Brown
President & COO
BBrown@westmountrc.com
Brant Brown is responsible for the day-to-day
operations of Westmount. He has considerable
experience leading financial operations and
working to safeguard investor interests. Areas
of specific focus are structured finance and
accounting, capital markets, investor relations,
information technology, marketing, and
corporate governance and planning. Brant is
Chair of Westmount’s Operating Committee as
well as a member of the Investment
Committee.
Jim Fant
Executive Managing Director
Acquisitions
JFant@westmountrc.com
Jim oversees the acquisitions process and
manages Westmount’s acquisition team for
both commercial and multifamily investments.
He has over 34 years of diverse experience in
commercial real estate with a primary focus on
value-add acquisition opportunities. Prior to
joining Westmount, Jim spent 12 years with
Behringer and more than 15 years with Dallas-
based MEPC American Properties.
Ron Gilbreath
Managing Director
Asset & Property Management
RGilbreath@westmountrc.com
Ron oversees asset and property management
efforts for Westmount’s industrial and office
portfolios. He has over 25 years of experience
managing value-add commercial real estate
assets. Prior to joining Westmount, Ron was
Vice President of Property Management at
Avison Young, where he managed the newly
formed Real Estate Management Services
division while leading the firm’s landlord
business development efforts.

27. 23
Brian Scruggs
Managing Director
Industrial Acquisitions
BScruggs@westmountrc.com
Brian heads up the firm’s Midwest U.S.
industrial acquisitions activities. Brian has
served as Vice President of Acquisitions for
AMB Property Corp, acquiring over 7.2 million
square feet of industrial real estate; was a
manager of CBRE’s Financial Consulting Group;
and Vice President of Colony Capital, where he
oversaw leasing and management of over 6
million square feet of industrial.
Curtis Walker
Managing Director
Multifamily Acquisitions
CWalker@westmountrc.com
Curtis leads the company’s multifamily
acquisitions efforts in the Southeast U.S. Based
in Atlanta, he has over 33 years of related
experience in the development and acquisition
of multifamily assets accounting for over $5
billion in value. Before joining Westmount,
Curtis held several leadership positions with
successful commercial real estate owners in the
Atlanta market including Broadstone Real
Estate, Moran & Company, and Wood Partners.
Nick Sands
Managing Director
Acquisitions (Southeast)
NSands@westmountrc.com
Nick leads Westmount’s industrial acquisition
efforts throughout the Southeast U.S. He has
over 15 years of diverse experience in
development, acquisitions, leasing and asset
management. Prior to joining Westmount, Nick
was a regional leasing and acquisitions officer
for Exeter Property Group, overseeing a
portfolio of over 6M SF throughout major
markets in Florida.

28. 24
OUR TEAM
Mike Rochester
Senior Director
Engineering & Construction
MRochester@westmountrc.com
Mike is responsible for all engineering aspects
of Westmount’s portfolio. He began his real
estate career in the early-1990s with Compass
Management & Leasing before taking on
Senior Engineer roles with JLL, Grubb & Ellis,
and Behringer Harvard, among others. His
experience includes construction
management and building systems
optimization.
Scott Ferguson
Senior Director
Multifamily Acquisitions
SFerguson@westmountrc.com
Scott is in charge of Westmount’s
multifamily acquisitions efforts in Texas. He
has over 20 years of experience with
multifamily acquisitions, dispositions, and
asset management. Before joining
Westmount, Ferguson served as vice
president of acquisitions and asset
management at GFI Capital Resources
Group, where he was responsible for
sourcing multifamily acquisitions throughout
the Sun Belt.
Laura Collins
Senior Director
Asset Management & Advisory
LCollins@westmountrc.com
Laura is responsible for strategic planning and
guidance for Westmount’s commercial assets in
Chicago and Milwaukee. She has extensive
experience and knowledge of the Midwest U.S.
market and works out of Westmount’s regional
office in Chicago. Prior to joining Westmount,
Laura was the Senior Director of Commercial
Brokerage at Cushman & Wakefield and Vice
President of Leasing and Asset Management at
GE Capital Real Estate.

29. 25
Ginny Goldsmith
Senior Director
Property Management
GGoldsmith@westmountrc.com
Ginny leads and provides strategic direction
for the company’s property management team,
which oversees a portfolio of 16 million
square feet of industrial and office space
across the U.S. Ginny has over 15 years
of industry experience with a focus
on property management. Prior to joining
Westmount, she worked as a Senior
Property Manager at Colony Financial, Inc.,
Sealy & Company and Franks Real Estate,
Inc.
Julie Butticarlo
Senior Director
Asset Management
JButticarlo@westmountrc.com
Julie oversees and provides strategic guidance
for a portfolio of industrial and office assets
across Atlanta, Dallas-Fort Worth, Cincinnati,
Columbus, Florence and Minneapolis. She has
over 30 years of experience in property and
asset management across multiple property
types. Prior to joining Westmount, Julie was
the Senior Asset Manager at World Class
Capital Group and Commercial REO Marketing
Manager at Beal Bank.
Chasidy Bright
Director
Asset Management & Operations
CBright@westmountrc.com
Chasidy manages and provides strategic
analysis for Westmount’s multifamily portfolio.
She has over 27 years of diverse experience in
both the hospitality and commercial real
estate industries, with a focus on multifamily
operations and management. Prior to
joining Westmount, Chasidy served as Vice
President at Avenue5 Residential, where
she was responsible for the operations of 18
communities throughout Texas.

30. 26
OUR TEAM
Dianna Hartwell
Director
Due Diligence
DHartwell@westmountrc.com
Dianna oversees the closing process for
Westmount’s industrial, multifamily and
office acquisitions. Dianna has over 20 years of
experience in real estate, working as Vice
President of Goldman Sachs and as the Closing
Manager and Coordinator at Archon Group.
During her time working both positions, Dianna
oversaw multi-million-dollar acquisitions, real
estate closings, dispositions, financings and
loan originations for a variety of assets.
Chris Burgy
Director
Capital Projects
CBurgy@westmountrc.com
Chris Burgy provides leadership and strategic
direction for capital renovation projects at
Westmount’s properties. Chris was the Vice
President at J4 Development, where he
directed new business development, sales,
client relations and project management. He
also served as the President of Cross Timber
Development Corporation, managing all
aspects of company operations; and as the
Account Manager at Texas Woodsmith.
Shawn M. Riely
Director
Private Capital
SRiely@westmountrc.com
Shawn leads new equity capital raising
initiatives and individual deal fundraising
campaigns for the firm. He has over 30
years of experience in corporate finance
and investor relations. Prior to Westmount, he
served as Managing Director of a Dallas-based
development company and as Director of
Investor Relations for Southwest Property
Trust, now UDR. Additionally, Shawn is a
current board member of the Dallas Chapter of
Financial Executives International.

31. Cecelia Zimmermann
Director
Investor Marketing
CZimmermann@westmountrc.com
Cecelia leads new investor outreach initiatives
and multi-channel marketing strategies for
Westmount. She has a diverse skill set and
has worked in multiple industries spanning oil
and gas, non-profits, consulting, and media.
Prior to joining Westmount, Cecelia served as
the Marketing and Investor Relations Manager
at Zion Oil & Gas, where she supported a
500% equity increase and 400% growth in
direct investors during her tenure.
Barbara Georgakis
Senior Controller
Corporate Accounting
BGeorgakis@westmountrc.com
Barbara oversees and manages all corporate
financial and accounting functions for the firm.
She is a Certified Public Accountant in the
state of Texas and has over 30 years of
experience in accounting. Prior to joining
Westmount, Barbara served as both an
Accounting Manager at JPMorgan Chase & Co.
and Controller at Harwood International, where
she streamlined four accounting divisions into
one to increase efficiency and reduce costs by
$1.2 million.
Steve Minick
Controller
Property Accounting
SMinick@westmountrc.com
Steve leads the commercial accounting team,
which provides financial accounting and
reporting for all of Westmount’s properties. He
has more than 30 years of accounting
experience and has served as a Chief Financial
Officer/Controller for various real estate
development, investment, and management
companies. He is a Certified Public Accountant
in Texas.
27

32. 28
CONTACT US
Cliff Booth
Founder & Chairman
cbooth@westmountrc.com
Brant Brown
President & COO
bbrown@westmountrc.com
700 N. Pearl Street, Suite N1650�
Dallas, TX 75201
(214)�
944-5454
info@westmountrc.com

33. 23

34. Published
July2022
700 N. Pearl Street, Suite N1650
Dallas, TX 75201
(214) 944-5454
info@westmountrc.com