Rockspring Capital, a privately owned real estate investment firm headquartered in Houston with offices in Edmonton and Calgary, today announced that it has added Douglas Peterson as a Director. Peterson, along with current Director Fred Munn, will be responsible for overseeing the company’s Canadian activities and to insure that any capital raised is invested in properties that match the objectives of the offering memorandum.
“Doug’s vast experience in international law and legal regulatory matters will make a great addition the team,” said Jim McAlister IV, President and CEO of Rockspring Capital. “We’ve had great success with our partners in Canada, and Doug’s efforts will help us to strengthen our business relationships as we grow by ensuring we’re meeting and exceeding industry standards of corporate governance.”
Peterson has worked with several private practices specializing in corporate commercial law with a focus on international business transactions. He is a member of the Alberta Bar and the British Columbia Bar and is an instructor at the School of Business and Faculty of Law at the University of Alberta. Peterson is also general counsel for a selected portfolio of Canadian companies with international interests.
Rockspring Capital is a Houston-based land investment company founded in 1973 whose strategy is to acquire opportunistic land parcels and residential lots in high growth areas. It also makes special situation bridge loan and note purchases on land related assets. Rockspring Capital acquires with all cash in markets within the “Texas Triangle” – Houston, Austin, San Antonio and Dallas/Ft. Worth.