Relationship-driven, knowledge-based real estate investments.


Piedmont Capital is a real estate investment firm pursuing retail, office, hospitality, industrial and office assets in the Southeast. With a focus on core plus and value-add assets, we acquire properties with existing income in established or emerging locations with imminent long-term growth through appreciation of the underlying land.

Our Team

William Hodges

Founding Partner

Focus Areas:

Strategy, Business Development and Off-Market Investment Acquisitions.


William Hodges founded Piedmont Capital in 2021 to focusing on the acquisition of core plus and value-add real estate investment opportunities throughout the Carolinas. William is responsible for the strategic direction of Piedmont Capital and sources all opportunities for the company. Prior to forming Piedmont Capital, William served as the managing partner of New Forum Partners. Since 2018 William has sourced and closed over $30,000,000 of off-market opportunities throughout the Charlotte region.

William currently serves as Vice President of the Charlotte Region Board of Realtors (CRCBR) and serves on the Land Acquisition Committee for the Catawba Lands Conservancy. He previously served on the Board of Directors for Unity Classical Charter School and South Chapter Board for the Charlotte Regional Business Alliance (formerly Charlotte Chamber). William graduated from the University of Georgia with a B.A. in Real Estate from the Terry College of Business.

Michael Threlkeld


Focus Areas:

Financing, Underwriting, Transaction Structuring and Ongoing Asset Oversight.


Michael Threlkeld oversees all financial aspects of Piedmont Capital including the financing, underwriting, transaction structuring and ongoing asset management once properties have closed. Other responsibilities include developing and tracking business plans for all assets in the portfolio to make sure the plan is implemented properly, as well as tracking the performance of real estate investments, establish and maintain investor capital accounts and calculate waterfall distributions and preferred returns pursuant to operating agreements.  

Michael has over 12 years of experience in real estate and finance, most recently as the Vice President of Finance at Grubb Properties, one of the largest private real estate firms in the Southeastern U.S.  While at Grubb, he was responsible for sourcing, underwriting and closing on a variety of acquisition and development properties with loan volumes exceeding $750M across office, retail, multifamily and industrial asset classes.  Prior that that, Michael was a member of the production team at Berkeley Capital Advisors, one of the highest producing investment sales firms focused on brokerage of retail investment real estate in the across the U.S. During his time at Berkeley, Michael assisted in the closing of over 40 grocery-anchored retail properties totaling $700M in transaction volume. Michael is an active member of the Urban Land Institute and currently serves on the Capital Markets Committee for ULI.  He graduated from the University of Georgia with a B.A. in Economics from the Terry College of Business.