News

News

September 12, 2024

LRE Management Welcomes Patrick Cantlay as Advisory Board Member and Fund General Partner; Announces $102M Acquisition of Atlanta-Based Multifamily Real Estate Portfolio

8-time PGA TOUR winner to collaborate with LRE Management on strategic initiatives

Acquisition brings LRE’s national portfolio to 15 properties across 7 U.S. states

NEW YORK, September 12, 2024 – LRE Management (“LRE”), a privately-owned national real estate investment manager for family offices, ultra-high-net-worth investors and small- and mid-size institutions, today...

June 14, 2024

LRE Sells 476-Unit Multifamily Property in Dallas, TX

Mamaroneck, NY – June 14, 2024 – LRE Management LLC (“LRE”), a New York-based real estate investment manager for Family Offices, High Net Worth individuals and Advisors, announced the sale of its 80% Joint Venture ownership interest in Water Ridge Apartments (“the Property”), a 476-unit multifamily property located at 4600 W Pioneer Drive in the Irving area if Dallas. The property...

June 1, 2023

First Closing for LRE Opportunity Fund I

Mamaroneck, NY – June 1, 2023 – LRE Management (“LRE”), a privately-owned national real estate investment manager for family offices, ultra-high-net-worth investors and small- and mid-size institutions, today announced the first closing of LRE Opportunity Fund I LP (“the Fund”).

The Fund is LRE’s inaugural closed-end real estate fund, building on a successful track record...

September 23, 2022

LRE Sells 332-Unit Multifamily Property in Dallas, TX

Mamaroneck, NY - September 23, 2022 – LRE Management LLC (“LRE”), a national real estate private equity firm, today announced that a Joint Venture entity in which it has an 85% equity interest has sold Sunridge Apartments (“the Property”), a 332-unit multifamily property located at 145 Pioneer Parkway in the Grand Prairie area of Dallas. The property sold for $33,000,000, five years...

July 6, 2022

LRE Acquires 406-Unit Multifamily Property in Okemos, MI

Mamaroneck, New York – July 6, 2022 - LRE Management LLC (“LRE”), a national real estate private equity firm, announced that a Joint Venture entity in which it has an equity interest completed the acquisition of Club Meridian Apartments (“the Property”), a 406-unit multifamily property located in Okemos, MI, a suburb of East Lansing. LRE contributed $17.1 million of equity in...

June 7, 2022

LRE Sells 171-Unit Multifamily Property in Phoenix, AZ

Mamaroneck, NY - June 7, 2022 – LRE Management LLC (“LRE”), a national real estate private equity firm, today announced that a Joint Venture entity in which it has an 85% equity interest has sold Madison Grove Apartments, a 171-unit multifamily property located at 7045 N 7th St. in the Uptown area of Phoenix. The property sold for $51,300,000, or $300,000 per unit, four years after...

March 11, 2022

LRE Acquires 244-Unit Multifamily Property in San Antonio, TX

 

Mamaroneck, New York – March 11, 2022 - LRE Management LLC (“LRE”), a national real estate private equity firm, announced that a Joint Venture entity in which it has an 90% equity interest completed the acquisition of Esperanza Apartments (“the Property”), a newly developed 244-unit multifamily property located in San...

January 10, 2022

LRE Acquires 248-Unit Multifamily Property in Chattanooga, TN

Mamaroneck, New York – January 10, 2022 - LRE Management LLC (“LRE”) announced that an entity in which it has an equity interest completed the acquisition of The Village at Apison Pike (“the Property”), a 248-unit multifamily property located in Chattanooga, TN. An LRE related entity contributed $8.2 million of equity in connection with the acquisition. Mortgage debt was obtained...

August 31, 2021

LRE Acquires 178-Unit Multifamily Property in Davie, FL

Mamaroneck, New York – August 31, 2021 - LRE Management LLC (“LRE”) announced that an entity in which it has an 85% equity interest completed the acquisition of the Vue on 67th (“the Property”), a 178-unit multifamily property located in Davie, FL, within the Miami-Fort Lauderdale MSA. An LRE related entity contributed $12 million of...

February 15, 2021

Acquires 374-Unit Multifamily Property in Atlanta, Georgia

Harrison, New York – February 15, 2021 - LRE Management LLC, a New York based national real estate investment company, announced that an entity in which it has an 90% equity interest acquired Legacy Ridge Apartments, a 374-unit multifamily property located in Atlanta, Georgia. An LRE related entity contributed $16 million of equity in connection with the acquisition and anticipated...