Bringing Vision to
Honoring Three Generations
of Tradition Through
Discipline & Results
For over a decade, Castle Lanterra Properties (CLP) has strived to create a higher sense of community at its multifamily properties throughout the United States. Our value-add philosophy generates superior risk adjusted returns for our investment partners through capital improvements, operational enhancements and ancillary income development.
Acquires 2,587 units for $368 million
Added 2,594 units for $382 million
Added 1,145 units for $242 million
Added 1,223 units for $170 million
Added 1,075 units for $115 million
“I learned the business from my grandfather, who focused on developing long-term rental properties that he built and held for generations, and from my father, who focused on a value-add renovation strategy. I combine the two approaches by blending the long-term controlled-growth ownership theory of my grandfather with the innovative, opportunistic and creative approach of my father.
My company focuses on the acquisition and management of quality income-producing multifamily properties within strategic growth markets in the United States. We want to buy into yield and existing cash flow, and then improve the community, amenities and residents’ living experience in our buildings.”
- Elie Rieder, Founder & Chief Executive Officer, Castle Lanterra Properties