About Cobalt Property Group

Cobalt Property Group, LLC was formed in 2017 by Principals Patrick Marr and Nick Schumacher.  Cobalt is the aggregation of decades of real estate experience by its founders, consolidating under one firm a broad spectrum of disciplines including acquisitions, development, finance, leasing and construction.

 

Mr. Marr previously owned and managed the Charleston-based CMB Property Company, focused on the acquisition of multifamily and office buildings in the $10-25 million range in both Charleston and Washington, DC.  Mr. Marr has spent 30 years in the commercial real estate industry with CB Richard Ellis and Newmark Knight Frank, consistently ranked a top national producer completing over 3,000 lease transactions.

 

Mr. Schumacher has been the CEO of the Preservation Companies developing multiple duplex and triplex properties in downtown Charleston.  In 2017, he transitioned to Cobalt Property Group and in 2018, he was promoted to a Principal in the firm.  Mr. Schumacher has more than 20 years in commercial construction throughout Texas and the Southeast.

 

Cobalt seeks opportunistic investments across commercial real estate asset classes, from vertical development to asset repositioning and repurposing.  Cobalt has the experience and relationships to execute on a broad range of project and investment sizes, from $10 million to $75+ million, including outright acquisitions, joint-venture partnerships and recapitalizations.

TEAM

Patrick W. Marr

Principal

Mr. Marr is a Principal with Cobalt Property Group, co-heading its Charleston office. Mr. Marr is responsible for the overall direction of the firm’s development and acquisition strategies.

Nicholas J. Schumacher

Principal – Construction

Mr. Schumacher is a Principal and is responsible for all construction activities for Cobalt Property Company. Furthermore, Mr. Schumacher is responsible for Preservation Development and Preservation Properties, entities established in 2014 to develop a portfolio of duplex and triplex apartments in the Charleston, SC market.

Margaret (Margo) Gangloff Miles, CPM ®, RPA

Director of Property Management

Margaret (Margo) Gangloff Miles is the Director of Property Management for Cobalt Property
Group, LLC, developing and heading its new management division, Cobalt
Property Management, LLC, in Charleston, SC.

Steve Kizer

Maintenance Manager

Steve Kizer is the Maintenance Manager for Cobalt Property Group, LLC. He is responsible for developing and handling all building maintenance and operational programs for CPG’s new management division, Cobalt Property Management, LLC in Charleston, SC. Mr. Kizer will ensure that the assets are run efficiently and effectively, maintaining a high standard which is expected in Class A operations and services.

Lyndsay Gianoli

Lyndsay has over fifteen years of experience in office management, primarily for commercial real estate brokerage firms and commercial property management companies.