Our Story
In the late 1800s, a vine was found in an old house in the Italian region, Campania. This vine survived an infestation, phylloxera, that destroyed the local vineyards. A local man, Prisco Scirocco, restored and replanted this vine for the production of red wine, which became very popular in the surrounding area. According to legend, locals would say, “Let’s go and get the cuttings of the grapes born in that old house.” This explains the name of this wine: Casavecchia.
We admire the underdog story, as this vine survived against all odds. And we appreciate the old house, reminding us where we came from. This story is rooted in our foundation, formed in 2019 by Nick Cassavechia as Old House Capital.
Old House Capital is a private commercial real estate investment firm based in Dallas, Texas. Our mission is to deliver superior investment results through a culture committed to excellence in everything we do for our partners, families, and community.
Our Team
Founder
Nick Cassavechia
Nick is the founder of Old House Capital and oversees the firm. Old House Capital has invested in more than $170 million of industrial and office properties across Texas and Arkansas. Prior to starting Old House Capital, Nick was the Chief Operating Officer and Partner at Frontier Equity. At Frontier Equity, Nick oversaw their industrial investment fund, all acquisition and development initiatives and their portfolio. During his time at Frontier Equity, Nick invested in $120 million of acquisitions, $65 million of developments, and $65 million in dispositions.
Prior to Frontier Equity, Nick spent three years at Quadrant Investment Properties (QIP) focusing on acquisitions, dispositions and capital markets. Between 2014 and 2016 at QIP, Nick played an integral role in acquiring more than 1.1 million square feet of office properties totaling more than $250 million. During this time, Nick was a part of starting Quadrant Finance Partners (QFP), a $130 million debt fund that Nick currently is involved with as an advisory board member and on the credit committee.
Before joining QIP, Nick was a senior analyst on the investment sales team at HFF, where he participated in more than $1 billion of investment sale and debt/equity transactions. Nick spent two years in the Detroit Tigers minor league baseball organization after a four-year collegiate career at Baylor University where he served as team captain and graduated with a BBA in Management from the Hankamer School of Business. Nick is also a partner in One Star Minerals, an oil and gas investment company founded in 2019 and headquartered in Dallas, Texas.
Education
BAYLOR UNIVERSITY
BBA, Management, 2010
Service
• St. Mark’s School of Texas, Alumni Board
• Quadrant Finance Partners, Advisory Board and Credit Committee