Kenneth R. Satterlee formed St. Croix Capital Corporation in 1982. As sole shareholder, Mr. Satterlee leveraged his diverse background in real estate development by selecting partners and projects based on integrity and ethics, spawning the creation of two adjunct entities, Kelly Capital Group, Inc., and Danielson D.S.S.

Kelly Capital was formed to act as the owner of real estate developed by St. Croix, in strategic relationships with, among others, Lichter Venture Group, W.P. Carey and Co. and Hanover Financial. Sister companies Delta Development, Soledad Development LLC and Kelly Trade Ventures, LLC round out the Kelly Capital Affiliates.

Danielson D.S.S. was created for purpose of financing transactions, its integration into the St. Croix group providing it a unique opportunity to assist in the placement of equity and debt for our clients. The ability to underwrite transactions beginning with initial equity through construction debt and ultimately helping to secure permanent leverage on a property are all critical components of a successfull development.

Value Integration - Understanding our own markets is important in helping assist our investors and clients. Our extensive track record is a result of industry market knowledge and proven instinct for investments. The St. Croix family of companies' commitment to service is backed by its even stronger dedication to maintain a unique integration of cutting edge approach to finance, supported by a healthy dose of honor and human values.

Authentic Relationships - Whether in a development or asset management capacity, customers of St. Croix enjoy a single point of contact. We become authentic partners with our clients and contract associates to celebrate mutual success and return on investment. Our commitment to service and accountability is unparalleled in the region, and our client relations are built on a personal approach that tends to last well beyond the immediate project.

Impressive Delivery - Delivering for our clients and partners at a high level of performance, our primary determination of success is the end result, as perceived by our customers. Our insistence for high standards in achieving outstanding results is rooted deeply in our professional integrity and quite simply, the ethical means in which we do business.

St. Croix Capital has a coveted portfolio of small and large projects within four development disciplines:

• Corporate Headquarters
• Industrial/Research & Development
• Corporate Offices
• Retail & Service Centers