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Castle Lanterra Properties Founder Speaks at Prestigious Robert F. Kennedy Compass Conference

| July 8, 2016 | 0 Comments

Castle Lanterra Properties
One Executive Blvd., Suite 204
Suffern, NY 10901Elie Compass 2016

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CRE Leaders Discuss Sustainable Investment Management Practices

HYANNIS, Mass., July, 8 2016 – Accepting the prestigious invitation to participate as a panelist at the 2016 Robert F. Kennedy Compass Conference, Founder/CEO Elie Rieder spoke on the topic “How Private Funds focused on Real Estate are able to Create Value in the Current Environment.” Moderated by Jack Koch, principal of the Townsend Group, Mr. Rieder sat on a panel which included industry leaders: Sean Burton (CEO, CityView), Vijoy Chattergy (CIO Hawaii Employment Retirement System), Mary Hogan, (Co-Head Americas Real Estate APG Asset Management), Jeff Krasnoff, (CEO Rialto Capital Management) and Mike Stotz (President, AFL-CIO Investment Trust Corporation).

Keynote speakers included: Henry Cisneros, former Secretary of the U.S. Department of Housing and Urban Development under President Clinton; Deval Patrick, former governor of Massachusetts and managing director of Bain Capital; and Scott Minerd, chairman and managing partner of Guggenheim Partners.

The Conference took place June 27-29 at the JFK Ballroom, at the Cape Codder Resort and Spa in Hyannis.

The panel discussed a wide range of topics including returns expectations for 2016/2017, attractive sectors and markets, lessons learned from the prior peak, and how the ESG (environmental, social, governance) movement impacts the real estate industry. Rieder discussed Castle Lanterra Properties’ market and asset-driven approach, with particular emphasis on the importance of investing in communities where there is a need and demand for quality workforce housing options.

“As a value-add multifamily investor, our focus centers around stable and growing markets where we can elevate the living experience of our residents with thoughtful renovations and amenity upgrades,” Rieder stated. “By taking the time to truly understand the dynamics of the local economy (and what drives it), we are able to formulate a business plan that not only aligns with the intermediate and long-term growth of the submarket but also caters to the local demographic.”

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.  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, elevating its competitive position within the market, and providing attractive risk-adjusted returns for its investment partners.  CLP currently owns and manages a portfolio comprised of 6,800 units with a value in excess of $1 billion.

 

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About Castle Lanterra Properties

About Robert F. Kennedy Conferences

Robert F. Kennedy Compass holds annual conferences designed to help decision makers of large public and corporate pension funds, endowments, foundations, sovereign wealth funds, and family offices fulfill their fiduciary duties and meet the challenges of investing today. Each conference gathers about 150 institutional investors and asset managers who collectively oversee more than $7 trillion in collective assets to discuss the evolving role of long-term asset ownership and ways to deliver superior risk-adjusted returns while considering human and labor rights, corporate governance, and the environment as crucial elements of investment management.

Photo Caption Left to Right: Jack Koch, Townsend Group; Vijoy Chattergy, Hawaii Employment Retirement System; Mary Hogan, Americas Real Estate APG Asset Management; Jeff Kransoff, Rialto Capital Management; Elie Rieder, Case Real Estate Capital; Mike Stotz, AFL-CIO Investment Trust Corporation. Photo Credit: Paul Blackmore, Paul Blackmore Photography.

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