A vertically integrated real estate investment firm, Castellan Real Estate Partners has dedicated lines for property management, investment, development, and lending. Founded in 2009, the firm has since completed $750 million in debt and equity transactions. The Castellan Real Estate Partners team consists of dedicated and experienced individuals who have a deep understanding of local markets and significant transaction experience.
One of the most distinctive elements of Castellan’s approach to investment is its focus on green initiatives as a means of adding value to its portfolio. For example, the firm hired a third-party company to audit the energy usage of properties in its portfolio and used the results to make a number of green improvements. The firm has secured more than $1.7 million from New York organizations to invest in the sustainability of its portfolio through projects like the installation of rooftop solar panels and the upgrade of traditional boiler systems with efficient natural gas alternatives.
The firm also focuses on tenant relations as a means of minimizing turnover rates and vacancies in its properties. In addition to responding quickly to tenant issues, the firm invests in features like energy-efficient windows and appliances that save individuals money and improvements like brick pointing and modern security systems to better the tenant experience.
