Bricks & Mortar Capital, an investment advisor registered with the State of California, is headquartered in Los Angeles and was founded in 2002.

Bricks & Mortar Capital manages separate individual accounts as well as a private equity fund that specializes in investing in publicly-traded real estate securities. Our underlying strategy is based on the disciplined analytic approach and the many years of investment and corporate finance experience of the fund manager, Craig Silvers, CFA.

Speedboats and Cruise Ships: Our View of REIT Investing

Our underlying strategy is based on a disciplined analytic approach and many years of investment and corporate finance experience


Craig M. Silvers, CFA, is the President and Chief Investment Officer of Bricks & Mortar Capital. Prior to forming Bricks & Mortar Capital in 2002, from 1994 to 2001 Mr. Silvers was Managing Director and Equity Analyst at Sutro & Co./Tucker Anthony Sutro, a leading investment banking and stock brokerage firm, where he was responsible for researching REIT and real estate securities, as well as doing research in the hotel/casino sector.



As a way of making real estate investment more widely available to small investors, Congress in 1960 passed tax legislation allowing the creation of real estate investment trusts, or REITs. A REIT is a corporation or business trust that invests in real estate, mortgages or real estate-related securities.