Equity Estates Fund

Management Team

Adam Capes

President, Managing Member

Adam has always had longstanding passions for entrepreneurship and travel. After graduating from Cornell University, his first business, Jezebel Magazine, was one of the fastest growing city publications in the country. After the sale of Jezebel, he directed his energies to understanding the luxury travel market. After identifying the upcoming market demand for destination clubs, Adam secured a position as Membership Director of a luxury destination club. His marketing and sales initiatives helped grow the club from under 50 members to over 150 in 12 months. Many prospects talked about their desire to share in the appreciation of the real estate, and in response, Adam decided to co-found Equity Estates to offer an equity stake to members along with their usage.

Philip Mekelburg

CEO, Managing Member

Philip's business acumen is honed from over 20 years of experience in business development, marketing, management and operations. After graduating Cornell University, he worked as a corporate trainer and management consultant for ten years. Philip's accomplishments include starting a fast growing, new to market retail concept which he built up and sold after four years. The industry respected his novel approach and elected him president of their international association. Afterwards, Philip was hired as Director of Operations for a financial service firm where his work in channel sales garnered him praise, knowledge and experience in marketing specialty finance products. Philip had been a close friend and business confidant to Adam for 10 years and immediately saw value in creating an investment portfolio that allows owners to invest in vacation homes they can use and enjoy. He co-founded Equity Estates and enjoys building a real estate portfolio that is a smart investment and also provides memorable experiences.

Timothy J. Trankina, JD, CPA, MBA.

Tim started a specialty finance company in 1996 and built it into one of Georgia's fastest growing companies. Peach Holdings acquires high value yet illiquid assets such as structured legal settlements, lottery receivables, life settlements, self-owned annuities and other deferred payment obligations. The company went public on the London Stock Exchange in early 2006 before being acquired later in the year by Credit Suisse. Tim has known Philip Mekelburg for seven years, was his prior employer and served as an Advisory Board member for Equity Estates before becoming a partner in the management company and a Charter Member of Equity Estates Fund I, LLC. Tim has been instrumental in the fast growth of the Fund and helped architect bank backed financing for those who wish to leverage their membership interest in the Fund. Prior to founding Peach Holdings, Mr. Trankina was employed by Price Waterhouse, where he provided tax consulting and transactional structuring advice to major corporations and high net worth individuals. He also has experience at IBM and Arthur Andersen LLP.