Our Mission: To improve the financial lives of pilots through real estate.
About the Company
At Turbine Capital, we are driven to grow the world’s first and largest network of Airline Pilot investors in the world.
Turbine Capital is a private equity investment firm enabling pilots to create passive income and multi-generational wealth through passive commercial real estate investments. Investing with Turbine Capital as part of a unified alliance, rather than individually, gives us exceptional collective strength.
Using the syndication model, we seek out and partner with the best real estate operators in the North America to bring our investors the most attractive, risk-adjusted real estate investments.
Mission, Vision, & Values
At Turbine Capital, our Mission and reason for being is to improve the financial lives of pilots through real estate.
Our Vision and north star is to continue to be the premier private equity firm for pilots. To serve as the essential next step for aviators seeking to supplement their traditional stock portfolios with institutional-quality real estate investments.
Our Values and moral compass is SETAC. SETAC is how we show up for our investors and each other, every single day. We only work with operators who align with the following values.
Stewardship: We do what is right. We put the interests of our investors first. We act unwaiveringly with respect, integrity and responsibility, and we earn our investor's trust every day.
Excellence: Plus or minus zero knots. Everything we do, we do on an elevated level. Excellence and quality permeate every facet of our organization. We hold our partners accountable to the same standard.
Transparency: We communicate with investors frequently and with complete honesty. We are accountable to each other and to our stakeholders. Feedback is always valued and carefully considered.
Adaptability: We make cognitive, intelligent, and non-reactive decisions to adapt to market conditions. We are agile and take advantage of emerging opportunities and trends. We embrace new technologies. We always look to improve and never do something simply because we've always done it.
Camaraderie: We have fun! We build meaningful connections with our investors. We are approachable and unpretentious while maintaining sharp acumen. We thrive on each other's strengths. We have a blast building, learning, and growing - both individually and as a team.
Meet the Leadership Team
Tait Duryea
CEO | FOUNDER
An experienced airline captain with over 15,000 flight hours, Tait Duryea is intimately familiar with the unique challenges that come with a career in professional aviation, both in personal life and in financial management.
Coming from a long lineage of aviation as a third-generation airline pilot, Tait was introduced to flying at the young age of 11. While aviation was his primary career choice, real estate always held a special allure. Fortunately, Tait has been able to find success in both. Since joining a major airline in 2010, Tait has gained over a decade of experience in a diverse range of real estate investing.
As a student of real estate, and of the tactics and strategies employed by the ultra-wealthy, Tait recognized the unique opportunity to share this knowledge with fellow pilots. He launched Turbine Capital in 2020 to provide pilots with access to high quality investment opportunities, and in 2023, the Passive Income Pilots podcast as a free financial education resource for pilots.
Prince Ghuman
CMO | MANAGING PARTNER
As serial entrepreneur with product and growth instincts, Prince started his first company as an undergraduate at UC San Diego. His next startup was BAP, one of the earliest automotive e-commerce platforms, which was awarded the title of one of the fastest-growing companies in America for three consecutive years by Inc Magazine. Prince moved on to tech space as the founding Chief Marketing Officer of ZipZap, a cryptocurrency startup in San Francisco.
Most recently, he held dual roles as the VP of Global B2B Marketing and VP of North American B2C Marketing for OFX, a publicly-traded FinTech company handling over $40 billion in international payments where he was named one of the Movers and Shakers by the San Francisco Chronicle. In his free time, Prince is a Professor at Hult International Business School in San Francisco, Boston, Dubai and London.
His outlet for creativity is writing and public speaking. He is the best-selling author of the marketing psychology book Blindsight: The (Mostly) Hidden Ways Marketing Reshapes Our Brains and a contributor to news outlets including Forbes, The Washington Post, INC., and Entrepreneur. He is a frequent keynote at conferences, TED & Google Talks, and podcasts covering how to apply neuroscience to marketing, product, and growth.
Byron Elliot
GENERAL COUNSEL
Byron Elliott is General Counsel for Turbine Capital and a Founding Partner of 3 Pillars Law. He is a highly experienced SEC attorney who has supported real estate syndicators through acquisition, due diligence, closing, entity formation and private equity offerings.
His experience includes Regulation D exempt offerings, contract drafting and review, lease agreements, and general legal consultation. Additionally, Byron is well-versed in Property Assessed Clean Energy (PACE) Lending and numerous tax incentive programs, and has developed eight projects, to include two mobile home parks, and six historical mixed-use properties.
Prior to practicing law and investing in real estate, Byron served a 24-year career in the US Army, with overseas assignments in Korea, Germany, Kosovo, Iraq.
Byron holds a JD from the University of Denver Sturm College of Law, a MBA from Colorado Christian University, a Bachelor of Science in Business Administration from Regis University, a Master’s Certificate in Government Contracting from Villanova University and a Project Management Certificate through Norwich University. He is a graduate of the United States Army Command and General Staff College.
Jim Morales
CFO
Jim Morales brings over 20 years of Strategic Planning, Execution, Financial Leadership, Project Management and Real Estate experience, as well as over 15 years of experience managing his own multifamily properties.
He previously served as CFO for Grant Cardone Enterprises – a real estate firm with over $3 Billion in assets under management, and has worked with well-known companies such as PwC (PricewaterhouseCoopers), Deloitte, Volvo, Sony and Sysco.
Jim is a Chartered Financial Analyst® (CFA®), a Certified Management Accountant (CMA®), and a Financial Planning & Analysis Professional (FP&A™). He graduated from Columbia University and has his MBA and MS in Finance from Florida International University.
He is responsible for investment analysis, negotiation/structuring, and due diligence on Turbine Capital's portfolio acquisitions as well as overseeing corporate finances.
Brittney Atiburcio
COMMUNICATIONS
Brittany Atiburcio handles all things communications. With a Bachelor’s degree in advertising and public relations and a Master’s degree in Business and Marketing, she’s found a passion for connecting businesses to their customers.
In addition to being a flight attendant, Brittany brings years of experience as the Direct and Email Marketing Coordinator for Hawaiian Airlines.
At Turbine Capital, Brittany is now responsible for maintaining our customer database and ensuring accurate, timely communications with our investors.
Jon Yost
INVESTOR RELATIONS
Jon heads up our investor relations team. He brings an incredible combination of real estate and aviation experience.
Jon began investing in real estate in 2005, focusing initially on single-family homes then moving to various other asset types, accumulating an impressive 19 properties. These include single and small multi-family residences, a mobile home park, light industrial NNN commercial properties, and vacation rentals.
Together with his wife, Julia, Jon actively runs a Short-Term and Mid-Term Rental business. Additionally, they operate a land investment company, strategically acquiring and selling parcels across multiple markets.Jon’s expertise extends to the apartment space, where he has partnered in purchasing 858 units—serving both as a Limited Partner and General Partner. He’s also been involved in acquiring over 200 units of self-storage as well as various land development projects throughout the Western region.
Beyond real estate, Jon flies the B777 for a major US airline, and the A-10 in the Idaho Air National Guard. His favorite aircraft, however, is his Cessna 206 which allows him to explore the Idaho backcountry with his family and friends.