Terrell Gates

Terrell Gates

Formal First Name

Terrell Gates is the Founder and Chief Executive Officer of Virtus Real Estate Capital. He is a third-generation commercial real estate investor and developer who began his career in the student housing industry in 1992. Since then, Gates has held various leadership roles in real estate, law, and finance, including private equity, portfolio management, investment banking, and lending. Gates is also an active volunteer and philanthropist primarily focused on supporting at-risk children and addressing the root causes of global poverty.

Professional Experience

Academic History


Founder and Chief Executive Officer of Virtus Real Estate Capital

  • Responsible for leading the organization in corporate strategy, investment strategy, and brand development.
  • Responsible for sourcing, underwriting, due diligence, capitalizing, closing, asset management, and eventual disposition of 240 properties with an acquisition value of approximately $4.3 billion spanning 35 distinct investment partnerships or funds.
  • Secondary oversight of capital development and joint venture partner sourcing and cultivation.

Private Banker at Merrill Lynch

Law Clerk at FDIC

  • Investigated fraudulent banking activities and worked with senior attorneys to enforce FDIC regulations.
  • Worked in conjunction with DOJ attorneys to prosecute criminal activities occurring in banking institutions under the FDIC's supervision.


  • Top Asset/Liability Gatherer, 2001 and 2002
  • Top Net New Managed Money in Central Texas 2002
  • Top Commercial Lender for Central Texas Region 2002
  • Top Mortgage Originator for State of Texas 2002 and 2003
  • National Mortgage Champion 2001 to 2004