LStar Management is a privately held real estate investment firm based in Raleigh, North Carolina. Founded in late 2007 during the initial phase of the most recent real estate crisis, LStar was created to respond to the investment opportunities created by the real estate market downturn. Since 2010, LStar has acquired, or controls, more than 80,000 lots and land for 25 million square feet of commercial development in 13 states and it has no debt on any of its assets. The firm has co-investment partnerships with some of the nationâ€™s leading financial institutions. LStar has invested in many asset classes, including residential and commercial land, golf, senior housing, and mixed-use. As of Q4 2013, the firm's portfolio exceeds $1 billion in value.
LStar has established itself as a firm that is able to quickly underwrite, structure and close complex real estate transactions. We utilize our real estate and investment expertise to make well-timed acquisitions, and we leverage our in-house asset management teams to maximize the value of our assets during the disposition period.
LStar's senior staff has 400 years combined experience in the disciplines of land acquisition, project/asset management, site development, design, planning, permitting, real estate law, finance and construction.