< Back Jessica Harber Sr. Accountant

< Back Patrick Rainey Asset Manager

< Back Pedro Contreras Sr. Financial Analyst

< Back Milena Álvarez Executive Assistant

Leadership Ricardo Ciliberto Principal, Chief Executive Officer Leads Triton North’s vision, funding, and market strategy, serving as the firm’s primary representative to investors and partners. Read More Antonio Ortiz Principal, Chief Operating Officer Oversees operations and asset management, ensuring disciplined execution, streamlined processes, and optimized portfolio performance. Read More Luis Quintero Principal, Chief Growth Officer Drives business development and strategic partnerships, building the pipeline and maximizing returns at both firm and project levels. Read More Our team Steve Stotter Director of Asset Management Milena Álvarez Executive Assistant Patrick Rainey Asset Manager Philip Carroll Managing Director, Capital Markets Jessica Harber Sr. Accountant Celina Lopez Transaction Coordinator Juan Planchart Director of Investor Relations – Mexico Pedro Contreras Sr. Financial Analyst Ty Miller Asset Management Intern

< Back Philip Carroll Managing Director, Capital Markets

Latest News Jan 5, 2026 Triton North Welcomes Milena Álvarez as Executive Assistant Milena Álvarez Joins the Triton North Team to Strengthen Internal Operations Read More Dec 1, 2025 Philip Carroll Joins Triton North as Managing Director, Capital Markets Expanding Leadership to Advance Equity, Debt, and Institutional Capital Strategy Read More Sep 16, 2025 Triton North Announces New Leadership Structure to Drive Growth and Unlock Value Triton North strengthens leadership with new executive structure to drive growth and expansion across Real Estate and Private Equity Read More Aug 28, 2025 Triton North strengthens its portfolio with the acquisition of Ron Bell Roofing Company Ron Bell Roofing joins Triton North, bringing 38 years of expertise with a vision for expansion and modernization. Read More Jul 7, 2025 Triton North Announces Successful Sale of Whispering Oaks in Orange City, Orlando MSA Triton North is thrilled to have completed another cycle, which demonstrates our ability to execute complex strategies, deliver strong results, and build lasting trust with our partners and investors. Read More Jul 7, 2025 Triton North Announces Successful Recapitalization of Pines at Humble Park in Humble, Texas Triton North completes successful recapitalization of Pines at Humble Park, positioning the asset for long-term growth and value creation. Read More Jun 4, 2025 Triton North Successfully Closes Acquisition of Delray Garden Center Triton North expands its presence in South Florida with the acquisition of Delray Garden Center Read More May 19, 2025 Triton North Welcomes Tobias Urcuyo as Real Estate Investment Intern Triton North Welcomes Tobias Urcuyo as Real Estate Investment Intern Read More May 1, 2025 Triton North LLC Announces Promotion of Celina Lopez to Executive Administrator & Business Coordinator Celina Lopez Takes on Expanded Role to Strengthen Executive Operations, Corporate Management, and Technology Integration at Triton North LLC Read More Apr 2, 2025 Triton North Welcomes Patrick Rainey as Asset Manager Triton North LLC Appoints Patrick Rainey as Asset Manager to Drive Multifamily Portfolio Growth and Strategic Development. Read More Apr 1, 2025 TRITON NORTH’s Startup weclose Garners Industry Buzz at RETCON 2025 weclose Captivates Real Estate Innovators at RETCON 2025 with Cutting-Edge Transaction Technology Read More Apr 1, 2025 Triton North Welcomes Ty Miller as a New Real Estate Investment Intern Triton North Welcomes Ty Miller as Real Estate Investment Intern Read More Feb 10, 2025 Megan Woodward Joins Triton North as Senior Accountant Triton North Expands Financial Team with Megan Woodward as Senior Accountant Read More Jan 30, 2025 Triton North Welcomes Abbas Hashmi as Head of Capital Strategy Triton North Appoints Abbas Hashmi as Head of Capital Strategy to Drive Global Growth and Strategic Partnerships Read More Jan 29, 2025 Jessica Harber Joins Triton North as Senior Accountant Experienced Financial Professional to Strengthen Triton North's Accounting Operations Read More Jan 10, 2025 Triton North Welcomes Juan Manuel Planchart as Director of Investor Relations - Mexico Strengthening Cross-Border Investment Opportunities Between Monterrey and the United States Read More Nov 18, 2024 Triton North Appoints Monica Chase Jameson as Director of Finance & HR New leadership role strengthens financial operations and positions Triton North as a premier career destination in commercial real estate Read More Nov 1, 2024 Pedro Contreras Joins Triton North as Senior Financial Analyst Triton North Fuels Acquisition Growth with New Senior Financial Analyst Read More Nov 1, 2024 Henry Louden Appointed Director of Development and Construction at Triton North Experienced Leader Joins Triton North to Drive Development and Construction Initiatives Read More Oct 15, 2024 Triton North Welcomes Steve Stotter as Director of Asset Management Stotter to Lead Triton North's Asset Management Division as the Firm Expands Its Portfolio and Prepares for Strategic Growth Initiatives. Read More

< Back Triton North Welcomes Milena Álvarez as Executive Assistant FOR IMMEDIATE RELEASE Jan 5, 2026 Milena Álvarez Joins the Triton North Team to Strengthen Internal Operations January 5, 2026 — Miami, FL — Triton North is pleased to announce that Milena Álvarez has joined the firm as Executive Assistant, supporting operations, finance, and asset management under Antonio Ortiz, Chief Operating Officer. In this role, Milena will provide executive-level administrative and operational support across multiple internal functions. She will work closely with leadership to help coordinate workflows, support financial and asset management processes, and enhance day-to-day execution as Triton North continues to scale its platform. Milena’s role is designed to strengthen internal organization and operational efficiency, allowing leadership to remain focused on investment execution and strategic growth initiatives across the firm’s private equity and real estate activities. “Milena is joining Triton North at an important time in our growth,” said Antonio Ortiz. “Her support across operations, finance, and asset management will help reinforce our internal infrastructure and improve execution as we continue to expand.” Previous Next

< Back Philip Carroll Joins Triton North as Managing Director, Capital Markets FOR IMMEDIATE RELEASE Dec 1, 2025 Expanding Leadership to Advance Equity, Debt, and Institutional Capital Strategy December 1, 2025 - Miami, FL – Philip Carroll Joins Triton North as Managing Director, Capital Markets Triton North is pleased to announce the appointment of Philip Carroll as Managing Director, Capital Markets, where he will play a key leadership role in advancing the firm’s equity and debt strategy across real estate, private equity, and structured investments. Philip brings a distinguished career in institutional finance, having held senior positions across top-tier commercial banks, insurance companies, and national capital advisory platforms. Philip’s experience includes launching and managing real estate capital markets groups for firms such as Bank of America, KeyBank Real Estate Capital, American Financial Group, and Grandbridge Real Estate Capital. Over the years, he has structured complex capital solutions for a broad range of sponsors and capital sources, working at the intersection of credit, equity placement, and capital structuring. Most recently, at Royal Palm Companies, Philip led initiatives to raise over $1 billion in equity and debt capital for major development projects, including multifamily, hospitality, and mixed-use assets. His skillset spans both institutional lending and sponsor-side advisory—positioning him to support Triton North not only in real estate development but also as the firm grows its footprint in private equity investments and operating company partnerships. “Philip’s arrival reflects our broader ambition to scale with sophistication across asset classes,” said Ricardo Ciliberto, CEO and Principal at Triton North. “He brings the kind of cross-sector expertise and capital markets judgment that will be instrumental as we engage deeper with institutional partners and structure capital across both real estate and private equity opportunities.” In his role as Managing Director, Capital Markets, Philip will focus on building and deepening lender and investor relationships, shaping capital structure strategies, and advising across the firm’s expanding capital markets activities. Triton North is a diversified alternative asset manager focused on real estate and private equity, pursuing long-term value creation through value-add investments, income-producing assets, and platform-level operating partnerships. Learn more at tritonnorth.com. Previous Next

Real Estate Our strategy At TRITON NORTH, our real estate strategy is centered on investing in properties through value-add opportunities, ground-up developments, and master-planned communities. We focus on markets with strong fundamentals where disciplined execution and creative vision can deliver long-term value for our investors. Focus Areas Value-Add Properties Targeting multifamily assets where operational improvements, capital upgrades, and hands-on management create meaningful upside. Ground-Up Development Developing thoughtfully designed multifamily and residential projects in high-demand primary and secondary markets. Master-Planned Communities Assembling and entitling prime land to deliver large-scale residential communities that meet long-term housing demand. Investment Approach Strong focus on cash flowing multifamily assets, as well as ground up residential developments in highly demanded primary and secondary markets Housing Demand Prioritizing Florida and Southeast markets with strong population growth and durable housing needs. Economic Drivers Targeting regions anchored by sustainable job sources such as healthcare, education, and established employers. Risk-Adjusted Returns Focusing on downside protection through conservative underwriting and disciplined capital deployment. In stable, performing markets with opportunistic upside. Target Markets Florida Texas Tennessee Georgia North Carolina South Carolina Tennessee Multifamily Investments Box Value-add investments in multifamily properties focus on acquiring underperforming assets and enhancing their value through strategic renovations and management improvements. By addressing operational inefficiencies and updating amenities, these investments aim to boost rental income and property appreciation, catering to the evolving needs of modern residents. 10M - 50M INVESTMENT SIZE Asset class B & B + 100 - 250 TARGET SIZE (UNITS) +15% TARGET IRR +6% CAP RATE 1990+ VINTAGE Multifamily Development Box Amidst rising demand driven by population growth and shifting preferences towards flexibility, multifamily housing construction is evolving to prioritize sustainable design and key amenities, while ensuring strategic location near employment hubs and essential services. Modern developments are integrating energy efficiency, communal spaces, and accessibility to cater to the discerning urban and suburban resident. 5M - 30M INVESTMENT SIZE Mixed-use/MF 150 - 300 TARGET SIZE (UNITS) +25% Florida LOCATION Urban Core LAND USE TARGET IRR AREA SFR Master Planned Communities Box In response to the growing housing demand and existing deficit, our approach to Single-Family Master Planned Communities focuses on acquiring and entitling prime land. We strategically position these developments to meet the needs of national home builders, ensuring that each community is designed to accommodate future growth. By integrating thoughtful planning and essential infrastructure, we facilitate the creation of vibrant neighborhoods that are well-aligned with market trends and the evolving needs of homebuyers. 1M - 10M 200 - 1000 FL, TX, NC, TN INVESTMENT SIZE TARGET SIZE (UNITS) LOCATION 30 - 500 +45% entry-level LOT SIZE (ac) TARGET IRR TYPE Portfolio Morristown Morristown is a 140-acre master-planned community in Hamblen County, Tennessee, planned for 470 entry-level home lots. Located 40 miles northeast of Knoxville, the project taps into strong housing demand fueled by regional job growth and rising incomes. Read More Newberry A 208-acre master-planned community in Alachua County, Florida, designed to deliver ~1,089 entry-level home lots. Located 20 miles west of Gainesville, the project targets strong regional housing demand and is structured with a 24-month hold period. Read More Caldwell Heights Caldwell Heights is a 160-acre master-planned community on US 183 near the Tesla Giga Factory, offering 517 lots for entry-level homes, strategically located south of Austin in the high-demand Lockhart area. Read More New Smyrna A 40-acre lot planned for a single-family residential master-planned community in New Smyrna Beach, offering significant development potential in a high-demand housing market. Read More Vista Grove Vista Grove is a planned multifamily development in Orange City, positioned in a rapidly growing area with easy access to the interstate, making it an attractive option for future residents and investors. Read More Sodo House Situated in the vibrant heart of Orlando, Sodo House provides a modern, dynamic living experience in a rapidly evolving city. Read More Aurora Flats Aurora Flats offers a seamless blend of contemporary design and luxurious amenities, nestled in a prime location. Read More Heritage Cove Heritage Cove is an affordable multifamily development in Tampa, offering practical living spaces with amenities, positioned in a strong rental market with growing demand. Read More Whispering Oaks Whispering Oaks is a modern multifamily development in Orange City, offering spacious, energy-efficient units with prime access to local amenities and major highways, making it an ideal investment in a growing market. Read More Promenade Park Promenade Park is a multifamily development in Jacksonville’s Orange Park area, offering modern, affordable units in a growing suburban market with strong rental demand. Read More Regatta Lakefront Residences Regatta Lakefront Residences is a luxury townhome community in Orlando, offering modern, high-end homes with serene lakeside views, combining upscale living with natural beauty in a vibrant urban area. Read More Hidden Oaks I Hidden Oaks is a planned multifamily development in Orange City, offering 109 affordable housing units, designed to meet the growing demand for budget-friendly living in a thriving community. Read More Corner House Corner House is a recently rezoned city block assembly in the heart of Orlando's SODO District, steps away from Orlando Health Regional Medical Center, ideal for future mixed-use development. Read More Park House Park House is a multifamily property built in the 1980s in St. Petersburg, offering spacious units with access to local parks and downtown amenities, ideal for value-add opportunities. Read More Pines at Humble Pines at Humble Park is a well-established multifamily property in Houston, offering spacious units and ample green spaces, making it an ideal candidate for value-add improvements in a strong rental market. Read More

< Back Regatta Lakefront Residences Regatta Lakefront Residences is a luxury townhome community in Orlando, offering modern, high-end homes with serene lakeside views, combining upscale living with natural beauty in a vibrant urban area. Regatta Lakefront Residences is a luxurious townhome development located in Orlando, featuring modern designs and high-end finishes with stunning views of the lake. The community offers a unique blend of upscale living and natural beauty, with spacious townhomes providing access to outdoor activities and scenic surroundings. Situated near the bustling SODO district, residents enjoy proximity to dining, shopping, and entertainment while benefiting from a peaceful lakeside setting. This development presents an excellent investment opportunity in a growing, high-demand market. 25 Units 2025 Year Orlando, FL Location Project Gallery Previous Next

Explore premier investment opportunities with Triton North: Invest in multifamily properties in Florida and benefit from our expertise in asset management and strategic capital growth leading the investment evolution Our Purpose Our purpose is to unlock value for investors and partners by creating opportunities that generate cash flow, strengthen portfolios, and deliver sustainable growth. Portfolio Focus Triton North is a diversified alternative asset manager focused on generating long-term value through a dual-vertical strategy encompassing Real Estate and Private Equity. In private equity, we pursue consolidation strategies that build scale and drive operational efficiency in cash-flowing businesses. In real estate, we invest in value-add opportunities, income-producing assets, and select developments that balance stability and growth. Together, these sectors form the foundation of our strategy to deliver strong, risk-adjusted returns for investors and partners. Real Estate We invest across core, value-add, and opportunistic real estate opportunities. We focus on stable cash-flowing multifamily assets, reposition underperforming properties to enhance returns, and pursue select developments and master planned communities that capture long-term growth and appreciation. Read More Private Equity We pursue core-plus and value-add investments in operating businesses, with an opportunistic perspective focused on roll-ups. By consolidating and scaling platforms, we unlock efficiencies and growth, generating strong cash flow and maximizing returns once stabilized. Read More Invest With Us 15 Assets 253M AUM 15 Cities Core values We navigate life and make choices daily, guided by our deeply-held core values. Family we take care of each other Execution we take action People we see residents Passion we love what we do Simple we avoid complexity Integrity we sleep well at night