A Fresh Look: USAA Real Estate, Square Mile Capital Rebrand as Affinius Capital
USAA Real Estate, which acquired the remainder of Square Mile Capital in 2021, has announced the integration of the two investment management platforms under a new corporate brand name – Affinius Capital.
The company will continue to provide strategic equity and debt capital, leveraging its technology-driven real estate assets, structured credit and flexible deal structures.
“You may not yet recognize our new name, but you certainly know our firms and our people,” said Len O’Donnell, who will remain as CEO and chairman. “We are the same committed partners, advisers, investors and stewards we have always been.”
Craig Solomon, the former CEO of Square Mile, will now serve as CIO and Vice Chairman of the combined company.
USAA Real Estate was a wholly owned affiliate of USAA from 1982 to 2020, when O’Donnell and a group of investors bought a controlling interest in the company. Solomon joined as a partner in 2021 when the company acquired his remaining interest in Square Mile.
The company will continue to have home offices in San Antonio and New York.