National + Finance | March 9, 2023

USAA Real Estate and Square Mile Capital have integrated their platforms under a new name, Affinius Capital, led by USAA Real Estate CEO Len O'Donnell

USAA Real Estate, Square Mile Combine Platforms as Affinius Capital

USAA Real Estate and Square Mile Capital have integrated their two investment management platforms under a new corporate brand name, Affinius Capital. The rebranding follows USAA Real Estate’s 2021 acquisition of the balance of Square Mile Capital and its 2020 spinoff from USAA, of which it had been a wholly owned affiliate since 1982.

The company said that under the Affinius banner, it will continue to provide strategic equity and debt capital, leveraging the accelerating demand for technology-driven real estate assets, structured credit and flexible deal structures.

“You may not yet recognize our new name, but you certainly know our firms and our people,” said Len O’Donnell, who will remain as CEO and chairman. “We are the same committed partners, advisors, investors and stewards we have always been.” Craig Solomon, formerly Square Mile’s CEO, will now serve as CIO and vice chairman of the combined company.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).