Peregrine Property Management Prinipals

The Principals at Peregrine Group

Colin Kane

COLIN P. KANE is a founding partner of Peregrine Group LLC and Peregrine Property Management LLC. Founded in 2001, Peregrine is a real estate development, property management and third party advisory firm with offices in Rumford, Newport and Boston. Colin is Peregrine's lead partner for project transactional activities, project planning, asset acquisition, leasing, permitting/due diligence, and debt/equity capitalization.

Prior to Peregrine, Colin worked for Gilbane Properties and as a naval officer serving as a Flag Lieutenant and division officer stationed aboard USS KIDD (DDG-993). Colin has broad experience in development and project management, including successful projects throughout the United States and overseas over the past twenty years. Projects include medical office, mixed-use campuses, historic rehabs, multi-family housing, hospitality venues, planned communities, large-scale corporate and institutional build-to-suits, waterfront development and brownfield redevelopment.

Colin is a combat veteran of Operation Desert Storm, a graduate of Harvard Business School (MBA), Georgetown University (MA), and a Distinguished Graduate of the US Naval Academy in Annapolis. He serves on the board of BankNewport, is the Admiral of the RI Commodores, and is the formational Chairman of the 195 Redevelopment Commission tasked with the redevelopment of 19-acres created by the relocation of Interstate 195.


Jordan Stone

JORDAN M. STONE, a founding partner of Peregrine Group LLC and Peregrine Property Management LLC. Founded in 2001, Peregrine is a real estate development, property management and third party advisory firm with offices in Rumford, RI; Newport, RI; and Boston, MA.

Jordan is Peregrine's lead partner in the physical conceptualization, planning, budgeting, and delivery of projects. Prior to Peregrine (1985-1988) Jordan joined Mark Development, the construction division of The Flatley Company, Braintree, MA, as a Construction Project Manager. From 1988 until 2001 Jordan was vice-president of his family's manufacturing (Norwood Stamping Co, Norwood, MA) and real estate interests, including development of Cushing Industrial Park, a 90-acre commercial/industrial development in Wrentham, MA.

Jordan has broad experience in real estate development, construction, and project management, including successful projects throughout the United States and Mexico over the past twenty years. Projects include medical office, mixed-use campuses, historic rehabs, multi-family housing, hospitality venues, planned residential communities, waterfront development and brownfield redevelopment.

Some of the previously completed projects include The Ocean House, a $150 million replication of a historic beachfront hotel in Watch Hill, RI, the $42 million dollar mixed-use renovation of the former Rumford Chemical Works in East Providence, RI, and the design, delivery and commissioning of two restaurants, in Napa Valley, CA, and Mexico City, Mexico for Chef Masaharu Morimoto (the "Iron Chef").

Current projects include numerous medical related real estate projects for Signature Healthcare (the former Brockton, MA Hospital), the "re-start" of The Villages on Mt. Hope Bay, an age-restricted condominium community, in Tiverton, RI., as well as the conceptualization, design/planning, and budgeting/contracting for The Parkside on Adams, a multi-family project in Roslindale, MA as well as the repurposing of an historic former MBTA substation into a restaurant venue on Roslindale (MA.) Square

A graduate of Westwood High School, Westwood, MA, The Northfield Mt. Hermon School (PG) and The University of Rochester (BA). Jordan currently serves on the Senior Living Committee, China Task Force, and Real Estate Task Force of Hebrew Senior Life, Boston, MA. as well as the board of the Nantucket Community Music Center, Nantucket, MA


Samuel Bradner

SAMUEL BRADNER joined Peregrine in 2009 and is the managing partner for all third-party advisory services overseeing a staff of ten project professionals. Sam brings more than 20 years of land-use planning, development and policy experience in both the public and private sectors. Sam is currently the Project Executive on the concept development of a 84-room micro hotel concept on the Newport waterfront, the creation of a 300-unit retirement community on a former college campus and the State of Rhode Island's new $120 million Veterans Home in Bristol, RI. Sam has extensive experience in green and sustainable building delivery including the 70,000 SF LEED Platinum, United Natural Foods headquarters in Providence Rhode Island and the 260,000 SF Rhode Island Veterans home which is the State's first building to conform to the International Green Construction Code. Sam is a sitting member of the State of Rhode Island's Distributed Generation Board overseeing the policy and pricing of renewable energy distributed generation contracts with third party developers.

Prior to Peregrine, Sam was a development director with Struever Bros. Eccles and Rouse, a developer that specialized in historic tax credit development in seven cities throughout the United States. As development director, his responsibilities included managing and negotiating the commercial development process, including design, acquisition, scheduling, New Market and historic tax credit financing and implementation for redevelopment projects throughout the New England region. Sam spent ten years in the Mid-Atlantic in both the private and public sectors including the Maryland Governor's Office of Smart Growth and the Maryland Department of Planning where he directed the agency's efforts to assist exemplary sustainable smart growth development projects statewide by delivery of State and other resources through financial opportunities, referral, technical assistance, coordination and advocacy.

A graduate of the University of Rhode Island (BLA) and the University of Maryland (MPP), Sam is a member of the Distributed Generation Board, the GrowSmart RI Board of Directors, a Trustee in the Providence Foundation and member of the Capital Center Commission in Providence, Rhode Island.


Eric J. Busch

ERIC J. BUSCH is joining the Peregrine Group team as Principal. Previously, he was the Founder and Principal of Rustpoint Advisory, LLC, a Rhode Island-based real estate development consulting firm. Since 2009, Rustpoint has worked with a diverse set of clients and partners to lead and support strategy, business planning, feasibility, finance/capitalization, process and critical path definition, and all aspects of project implementation. Engagements totaling well over $1 billion in asset value range from multiple $100+ million dollar private, for-profit real estate projects to impactful, non-profit neighborhood-scale economic efforts. Through the merger, Eric continues to work closely with pre-existing Rustpoint clients and partners.

Eric's role often includes complex economic modeling and financing strategies involving multiple debt sources, tax credits, multiple layers of equity and public/private components.

Prior to starting Rustpoint Advisory, Eric was a Development Director at a national planning, development and construction firm for five years. His primary responsibility was the development management of a large scale, multi-phased, historic, Brownfield project in Providence, RI. - from initial acquisition, team selection and master planning through entitlements, financing and construction. In the role for five years, he was actively engaged in projects throughout RI and in NC.

Before relocating to Rhode Island, he held a position as a Real Estate Associate for a private equity firm in San Francisco. His role was to identify investment opportunities, perform economic /market analysis, outline risks and to complete due diligence in order to define equity and mezzanine investments. Eric was also an Analyst/Consultant for a public economic development agency. In that position, he worked with non-profit and for-profit real estate developers in structuring projects seeking private, tax credit, federal, state, and local funding mechanisms.

Prior to those roles, he spent five years at Accenture (formerly Andersen Consulting) in Washington, DC as a Senior Process Consultant in the capital markets industry. Eric's role was to enact a process based approach to address challenges such as complexity reduction, metric definition, new process innovation, and strategic cost reduction.

Eric teaches a combined graduate Architecture/Law class at Roger Williams University entitled: Project Development and Finance. He is the former Chairman of the Sustainable Cities Committee for the Rhode Island Chapter of the US Green Building Council. He serves as a Founding Board Member and Treasurer for Hope & Main, a 501c-3 culinary business incubator in Warren, RI.

He holds an undergraduate degree in Finance/Real Estate from James Madison University and a Certificate in Real Estate (interdisciplinary graduate courses in the schools of law, public policy, city planning and architecture) and an MBA from the University of California-Berkeley. While at Berkeley, he was a graduate student instructor for a masters-level course in real estate economics and development, and was employed by the Fisher Center for Real Estate and Urban Economics.