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Rastegar Property Company

From Alfawiki
Rastegar Property Company
Company typePrivate
IndustryReal estate investment
Founded2015
FounderAri Rastegar
Headquarters
Austin
,
United States
Area served
United States
Key people
Ari Rastegar, Kellie Rastegar
ProductsCommercial and residential real estate acquisition, development, and management

Rastegar Property Company is a U.S.-based real estate investment enterprise located in Austin, Texas. The company focuses on the acquisition, development, and management of both commercial and residential real estate throughout the United States.

History

Founded in 2015 by Ari Rastegar, a Texas native with expertise in real estate law and investment, the firm originally operated under the name Rastegar Capital. It underwent rebranding to Rastegar Equity Partners in 2018 before adopting its current name, Rastegar Property Company. Initially concentrating on the Austin market, the company employs sophisticated technology and data-driven analytics to pinpoint undervalued assets within expanding markets. Kellie Rastegar, who formerly served as creative director, has played a significant role in shaping the company's branding and enhancing community relations.

Portfolio

The asset portfolio of Rastegar Property Company comprises multifamily residential, office, retail, and industrial properties. The firm maintains a considerable footprint in key metropolitan regions including Austin, Miami, and New York City, while also pursuing growth opportunities in emerging U.S. markets. As of January 2017, the company oversaw assets totaling $500 million. By spring 2021, its holdings included approximately 4.9 million square feet of real estate development spread across 34 cities within 12 states.

In 2023, Rastegar contributed 11 acres to the Hays Consolidated Independent School District to establish Texas' 17th elementary school. This parcel is part of the larger 318-acre development at 700 Bunton Lane in Kyle, Texas, which will incorporate single-family and multifamily housing, parks, trails, and various amenities including the new educational facility.

References