Team

Ladd Thorne

Co-Founder and Partner

lthorne@cobalt.llc

Ladd manages the capitalization, construction, and operations of Cobalt’s projects.

Prior to co-founding Cobalt, Ladd was the Chief Strategy Officer for The Fortress Corporation. He previously worked in real estate investments for SL Green and JP Morgan Chase in NYC. Over the course of his career, Ladd has facilitated the acquisition of $1.75 billion in multi-family, office, retail, and lab assets, co-managed a $500 million portfolio of bridge and construction loans, and played a key role in the disposition of a $90 million development site.

Ladd holds a B.A. from Duke and an M.S. from MIT. He lives in Boston, MA with his wife and daughter.

Charles Steelman

Co-Founder and Partner

csteelman@cobalt.llc

Charles oversees Cobalt’s acquisitions, design, and leasing/sales efforts.

Prior to co-founding Cobalt, Charles was the principal of a real estate investment and development advisory firm. He previously worked in development for Lendlease in Boston and NYC and as a broker with Studley in Washington, DC and Philadelphia. He has been involved in the acquisition and delivery of over $2 billion in residential development, representing over 1,000 housing units.

Charles holds a B.A. from NYU and an M.S. from MIT. He lives in Marblehead, MA with his wife and their Italian Greyhound, Ash.