Formed in 2009, Castle Lanterra Properties (CLP) is a privately held real estate investment company focused on the acquisition and management of quality income producing multifamily properties within strategic growth markets throughout the United States. CLP currently owns and manages 8,900 units with a value in excess of $1.8 billion.
CLP seeks to acquire well-located multifamily properties in primary and lower tier markets with sound underlying fundamentals and meaningful growth potential. Through a rigorous value-enhancement program that includes thoughtful renovations, operational improvements and ancillary income development, CLP aims to reposition each asset with the goal of maximizing NOI and elevating its competitive position within the market.
CLP is nationally recognized and respected by prominent industry professionals as a worthy organization that values fair-dealing, surety of execution, and above all else, integrity. This reputation has been built over three generations of successful investment activity, allowing CLP to consistently identify, structure and execute investment transactions with speed, decisiveness, and confidence from all parties.
As an fiduciary owner and operator, CLP takes great pride in delivering attractive risk-adjusted returns for our investment partners while building thriving communities and improving the quality of life for our residents.
CLP has a team of accomplished investment professionals who provide expertise in all facets of real estate investment and management. The executive team members each have 15+ years of experience in their respective fields. CLP’s core management team have been together for eight years.
ROBUST AND IN-DEPTH MARKET KNOWLEDGE
CLP invests a great deal of time and resources to research the submarkets in which it chooses to invest in. Coupled with the firm’s personal and institutional relationships, this deep market knowledge enables us analyze real-time intelligence and transact quickly with full confidence in our pricing and underwriting.
THOROUGH DUE DILIGENCE
CLP performs a multi-disciplinary due diligence process. This includes
(but is not limited to) the review of financial and operational performance,
the consideration of environmental and legal concerns, exploring various financing options, and sensitivity analysis. CLP spends a significant amount
of time stressing potential transactions. First, the company look at how would the property perform on an unlevered basis. We also meticulously account
for several downside scenarios such as negative rent growth, rising interest rates, or a drop in occupancy.
HANDS ON OPERATIONS AND STRATEGIC MANAGEMENT
CLP is not only an owner but also an experienced operator, employing focused, hands-on operational and strategic management throughout the property’s ownership. This includes comprehensive oversight of all operational activities, continual strategic analysis and review of financial performance, and on-the ground implementation of value-add initiatives.
Our 18 year investment track record reflects our ability to successfully identify, acquire, manage, and exit multifamily property investments, resulting in meaningful NOI growth, capital appreciation, and attractive risk-adjusted returns.
REPUTATION AND HISTORY
CLP’s stellar reputation is built on three generations of successful real estate investment activity. CLP draws on its history and established relationships to source consistent, off-market deal flow and earn repeat business.