About Tovia Capital
Tovia Capital was founded in 2015 to bring institutional discipline to an under-institutionalised corner of US real estate. Ten years on, the discipline is unchanged.
Our Story
We did not start with a fund, a brand, or a thesis paper. We started with a single land-home package in Florida, in 2015, and the conviction that mobile home parks were structurally mispriced in the private market.
That conviction has been tested across seventeen transactions, in eight states, through two interest rate cycles and a global pandemic. The principal-deal track record proved the thesis — and every new syndication extends it.
We operate every asset we own. We underwrite every line in every model. We sign every cheque. That is the firm.
Leadership
Tovia Capital is led by Quan Rees — a fourth-generation entrepreneur whose family has been in property since long before private equity adopted the asset class as its own.
Quan Rees
Quan Rees is a fourth-generation entrepreneur. He holds an MBA earned summa cum laude and has built a career spanning the industrial and commercial sectors before turning his attention to manufactured housing.
That diverse background sharpened a strategic instinct that has driven Tovia Capital's success in mobile home park investing: the ability to identify mispriced assets, structure transactions creatively, and operate them at institutional standard.
As a principal member of the investment committee, Quan signs every deal that bears Tovia Capital's name — and has done so for every one of the seventeen transactions in the firm's history.
How We Operate
We treat capital — our own and other people's — with seriousness. These are the commitments that follow from that.
Tovia Capital has invested its own capital alongside every external dollar since inception. We do not run capital we would not put our own money behind.
Every asset is managed by Tovia Capital itself. We do not delegate the operating thesis — which is, in this asset class, almost the entire return story.
Quarterly investor reports include the deals that worked and the ones that didn't. Capital partners deserve the full picture — not a curated highlight reel.
We hold for value, not for time. When a deal hits its underwritten exit price, we exit. When it doesn't, we keep working. The clock is the investor's, not ours.