Tortoise Properties:
Aiming for Long-Term Success
1501 Yamato Road, Boca Raton, Tortoise Properties
Jake Geleerd knows
many mid-size and large businesses need capital support during the COVID-19 economic slowdown. As CEO of Tortoise Family Office and a volunteer leader in Young Presidents Organization (YPO) and Chief Executives Organization (CEO), Geleerd teamed with other family office executives to form Tortoise Exchange. “Our goal is to help good people with good businesses that need $2 million or more by offering a partnership to help them survive and thrive,” said Geleerd. “We can provide both liquidity and valuable experience. We have been through this before and no one needs to go through this alone. Our slogan is ‘make it through to 2022.”
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Along with providing financial support to businesses in trouble or innovators who see opportunities, Geleerd manages one of the largest office portfolios in Palm Beach County. He is president and CEO of Tortoise Properties, LLC, with offices in Chicago and North Palm Beach. “Our portfolio includes high-quality commercial and residential properties across the country,” he said. “A goal of ours is to be one of the nation’s leading real estate investment firms to pass on to our kids. Like the tortoise, we make carefully calculated decisions and build strong partnerships to ensure long-term success.” In Palm Beach County, Tortoise Properties has about 360,000 square feet of office space, including 1501 Yamato Road, a Class A
