The Burrell Group was formed in 2007 by Founder and Executive Chairman, Daniel C. Burrell. It serves as the holding company for a consortium of individual business interests in the following sectors: aviation, medical education and health care technology, financial services, security and life safety systems, commercial and residential real estate, food services, hospitality, and natural resources. Below is a timeline of some of our noteworthy previous and current projects.
FORMATION OF THE BURRELL GROUP, ROSEMONT CO-INVESTMENT FUND
The Burrell Group was formed by Daniel C. Burrell. Mr. Burrell and the Company served as Principal and Managing Member of the Rosemont Co-Investment Fund, a vehicle that invested in minority positions alongside institutional private equity partners such as The Blackstone Group, Texas Pacific Group, The Carlyle Group, Bain Capital, KKR, Oppenheimer & Co., Natural Gas Partners, as well as others. The Rosemont Co-Investment Fund participated in transactions across a variety of sectors and, with approximately $200 million in assets under management (“AUM”), developed a diversified portfolio in the semiconductor space, distressed debt, manufacturing of specialty defense and aviation products, as well as medical technology.
ROSEMONT CREDIT OPPORTUNITIES FUND
In early 2008, Mr. Burrell and the Company successfully launched a second actively managed investment vehicle named the Rosemont Credit Opportunities Fund, a fixed income product designed to purchase assets through the Term Asset-Backed Securities Loan Facility Program (the “TALF”). The U.S. Federal Reserve created the TALF to spur consumer credit lending and help jumpstart the economy during the 2007-2009 financial crisis and supported the issuance of asset-backed securities collateralized by student loans, auto loans, credit card loans, and loans guaranteed by the Small Business Administration. In his role as Principal, Managing Director, and Co-Chief Investment Officer, Mr. Burrell acquired and managed over $2 billion in AUM through the Rosemont Credit Opportunities Fund.
In late 2009, Mr. Burrell and the Company formed Rosemont Realty. Under Mr. Burrell’s leadership as Chairman and CEO from 2009-2015, Rosemont Realty grew to an enterprise value of approximately $3.5 billion, with assets located primarily in the mountain west, southeast, and southwest United States. Over Mr. Burrell’s tenure, Rosemont Realty acquired and managed over 17 million square feet of commercial and residential property through a vertically integrated structure that comprised in-house leasing, project financing, property management, compliance, reporting and back-office support systems. The company currently operates under the name of Gemini-Rosemont Realty.
FORMATION OF WEST COAST AGGREGATE, OROGRANDE GARNET
Mr. Burrell and the Company formed West Coast Aggregate, a silica quarry operation that services the markets of Nevada and California. The company’s core product lines are in industrial-grade glass, cement fillers, stucco, mortars, roofing shingles, asphalt, and metal castings. In early 2009, the company also began the development of a second quarry, operating under the name of Orogrande Garnet Co. It produces specialized blasting and cutting materials for end-users, primarily in the Gulf Coast region. These “abrasive” materials are for water jet cutting and filtration, surface cleaning powders, industrial-grade glass production, etc.
ESTABLISHMENT OF BURRELL COLLEGE OF OSTEOPATHIC MEDICINE
Mr. Burrell and the Company entered the higher education space by founding the Burrell College of Osteopathic Medicine (“BCOM”), located in Las Cruces, New Mexico. Mr. Burrell served as Co-Founder, Executive Chairman, and Budget Committee Chairman of BCOM from 2013 until 2020. BCOM operates as a “first-of-its-kind” model in the field of osteopathic medical education. In 2020, BCOM had the distinction of graduating its first cohort of 162 medical students and received full accreditation status from the Commission on Osteopathic College Accreditation (“COCA”), as well as from the United States Department of Education (“USDOE”).
ROSEMONT REALTY SELLS TO SINO OCEAN LAND
Rosemont Realty sells to Sino Ocean Land (SEHK: 3377), a leading publicly traded commercial real estate investment company based in Hong Kong. Upon the sale of Rosemont Realty, Mr. Burrell and the Company formed a new commercial and residential real estate division focused on construction projects in medical education infrastructure, student housing, data centers, multi-family apartments, and aviation-related storage warehouse facilities. The residential business of The Burrell Group operates under the name of Roaring Fork Realty and the commercial under Highlands Property Group.
ESTABLISHMENT OF IDAHO COLLEGE OF OSTEOPATHIC MEDICINE
In 2016, Mr. Burrell and the Company launched the Idaho College of Osteopathic Medicine (“ICOM”) in furtherance of its efforts to serve the medical needs of the mountain west and contiguous Rocky Mountain states. ICOM operates under a similar public-private partnership model to BCOM through its affiliation with Idaho State University. ICOM will graduate its initial cohort of medical students in May 2022 and at that time receive full accreditation status from the COCA, as well as the USDOE.
While BCOM and ICOM are separate and distinct institutions of higher learning, they do have a shared mission that, among other things, is focused on addressing nationwide doctor shortages and the development of graduate medical education programs (“GME”). The Burrell Group is proud to work alongside a broad range of partners, including Rice Management Company, the Texas Pacific Group, local and regional hospital systems, community and non-profit organizations, as well as a broad donor network, to support its medical education initiatives.
LA FRONTERA HOSPITALITY
The Burrell Group has established a presence in the food services business. La Frontera Hospitality provides food services to public/private colleges and universities. The most recent addition to La Frontera’s portfolio is Dallas Baptist University, an educational institution with more than 4,700 students. La Frontera’s program includes residential dining in traditional cafeteria, on-campus areas, as well as multiple retail locations in partnership with high-profile, national brands. Additionally, La Frontera offers catering at college and university locations for events such as donor relations and social engagements on campus, as well as recreational events and sports concessions.
Mr. Burrell and the Company formed The Burrell Aviation Group (“Burrell Aviation”). Burrell Aviation is focused on meeting the growing demand for air cargo, freight and logistics solutions in the continental United States, Mexico, and Canada. Through a public-private partnership model involving federal, state, and local government, Burrell Aviation is repositioning regional and municipal airports that have been historically underutilized and currently operate outside of North America’s core supply chain. By bringing such airfield locations into the mainstream commercial network, Burrell Aviation provides a convenient, flexible, and cost-efficient alternative to major hub locations, where freight carriers are currently experiencing rapidly escalating price structures and congestion, delayed delivery times, and other inefficiencies. To meet the needs of its customers, Burrell Aviation enters long-term leases with municipally owned airports. In coordination with Burrell Aviation, these municipalities are dedicated to improving their airport infrastructure to accommodate a broad range of tenants through a sublease agreement structure. The company also manages the construction of “build-to-suit” facilities to satisfy each client’s specific needs.
The Burrell Group acquired CW Earthworx, a Florida-based general contracting firm that specializes in construction, earth-moving, and utilities development. CW Earthworx has a growing fleet of heavy equipment to support the Company’s construction related needs, as well as a qualified team of professionals capable of executing on the Company’s long-term development objectives.
Mr. Burrell and the Company formed Counterpoise, which will pioneer the research and treatment of technology dependency.
Counterpoise will provide therapeutic treatment and academic programming in the growing field of study related to technology dependency among adolescents and young adults who have been adversely affected by an overreliance on “screen time.”
The scope of assistance provided by Counterpoise relies on evidence-based treatment modalities to offer young adults the tools necessary to balance technology with, among other things, an appreciation for education, nature, spirituality, practical knowledge, nutrition, exercise, interpersonal connection, and the outdoors. For the inpatient portion of Counterpoise’s programming, The Burrell Group has acquired beautiful and remote properties in Vero Beach, Florida; Aspen, Colorado; and Taos, New Mexico, and is developing retreat centers at each site. Counterpoise will also offer a cutting-edge TeleCare product that will be used as an aftercare product and a version as a broad-based tool for the general public.