Baron Property Group

What Baron Property Group does

Baron Property Group (BPG) is a privately held, vertically integrated real estate development and investment firm founded in 2021 by Matthew M. Baron and headquartered in New York, with a second office in Coral Gables, Florida. The firm acquires, finances, develops, leases, and operates Class-A multifamily and mixed-use assets, with a stated concentration in New York City (Long Island City, Manhattan, Washington Heights) and South Florida (Hialeah, Coral Gables), plus a recent entry into Downtown Los Angeles via an adaptive-reuse project. Leadership combines Matthew Baron's prior track record of overseeing more than $1.8B in assets at Simon Baron Development, COO Andrew Till's two decades of cross-sector real estate experience, and a senior team of nine professionals.

BPG's active pipeline totals approximately 4 million square feet and over 3,600 residential units with a stated value above $2 billion. Delivered and in-progress assets include the 92-unit Park Overture (completed 2024 with LargaVista), the 559-unit Metro Parc in Hialeah (delivered 2025), the 661-unit Metro Parc North (under construction), the 561-unit 3025 Queens Boulevard tower (with LargaVista), the 806-unit Merrick Parc in Coral Gables (targeted Q4 2029 completion), the 467-unit Alta LIC, and the 2.5-acre Vernon Boulevard waterfront assemblage under entitlement. Earlier NYC assets include luxury condominiums at 269 West 87th Street, 12 East 88th Street, and 393 West End Avenue, and a 130-unit rental tower at 4117 Crescent Street in Long Island City.

Revenue is generated through three streams: recurring rental income from stabilized multifamily units, recurring ground-floor retail leasing in mixed-use developments, and one-time condominium sales. The capital structure is project-level rather than corporate-level: BPG partners with more than 20 institutional lenders and investors — including Blackstone, Starwood Capital, Goldman Sachs, Deutsche Bank, Carlyle, MSD Partners, LaSalle, and Barings — for construction and permanent financing on individual developments, while maintaining founder-led private ownership of the operating company. The go-to-market is enterprise-style, sourcing land off-market, securing pre-development capital from institutional partners, and executing through vertically integrated financing, construction, leasing, and asset management capabilities.

Name

Baron Property Group

Legal name

Baron Property Group, LLC

Website

https://baronprop.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Baron Property Group is a vertically integrated real estate development and investment firm that acquires, builds, and operates Class-A multifamily and mixed-use properties in New York City, South Florida, and Los Angeles, partnering with institutional capital partners on a project-level basis.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Lessors of Residential Buildings and Dwellings (531110), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Other Real Estate Property (53119)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Real Estate Management for Family Offices (Acquisition, Development, Property Ops) (FSAAADAI)

Keywords

• Multifamily real estate development
• Mixed-use property development
• Luxury condominium development
• Ground-up construction services
• Real estate investment management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Sales: Ground-up development and sale of multifamily and condominium properties
2. Rental Income: Revenue from leasing multifamily residential units to tenants
3. Ground-floor Retail Leasing: Revenue from retail space leasing in mixed-use developments

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Baron Property Group is a vertically integrated real estate development and investment firm that acquires and develops Class-A multifamily and mixed-use assets in key U.S. markets, with a concentration in New York City and South Florida. The firm operates across the full development lifecycle—financing, sales, leasing, renovation, management, and construction—and partners with institutional lenders and investors such as Blackstone, Starwood Capital, and Goldman Sachs to deliver ground-up multifamily, condominium, and mixed-use communities.

Product overview

Baron Property Group (BPG) is a vertically integrated real estate development and investment firm offering a portfolio of residential and mixed-use property developments across key U.S. markets. The company's core offering consists of large-scale multifamily developments ranging from boutique luxury condominiums to large-scale rental apartment communities. Key products include: Metro Parc and Metro Parc North in Hialeah (combined 1,220+ units); Merrick Parc in Coral Gables (806 units); The Park Overture in Manhattan (92 units); 3025 Queens Boulevard in Long Island City (561 units); and Alta (467 units). The firm operates a vertically integrated platform offering financing, sales, leasing, renovation, and construction services, with an active development pipeline totaling nearly 4 million square feet and over 3,600 residential units valued at over $2 billion.

Differentiator

Problem solved

Functional benefit

Products and services

• Metro Parc – Hialeah A 559-unit multifamily rental development in Hialeah, Florida featuring studio, one-, and two-bedroom apartments, over 15,000 square feet of ground-floor retail, and resort-style amenities including a modern fitness center, resort-style pool with private cabanas, and a clubroom with entertainment space. Targeted at residential renters seeking Class-A amenitized housing in the Miami metropolitan area.
• Metro Parc North – Hialeah A 661-unit multifamily property under construction in Hialeah, Florida at 901 East 26th Street, representing the second phase of the Metro Parc campus. The development features studio, one-, two-, and three-bedroom apartments, approximately 2,000 square feet of ground-floor retail, and resort-style amenities, serving residential renters in the Miami metropolitan area.
• Merrick Parc – Coral Gables Two 33-story multifamily buildings totaling 806 units located in Coral Gables, Florida, adjacent to a high-end retail center and Douglas Road Metrorail Station. The project includes approximately 30,000 square feet of retail space and is targeted at residential renters seeking transit-oriented Class-A housing in the Miami metropolitan area, with completion anticipated in Q4 2029.
• 3025 Queens Boulevard – Long Island City A 46-story luxury multifamily high-rise in Long Island City comprising 561 residential units, including 451 rental apartments (30% designated as affordable) and 110 for-sale condominium units, along with roughly 21,000 square feet of ground-floor retail. Developed in partnership with LargaVista Companies and serves both residential renters and luxury condominium buyers in Long Island City.
• The Park Overture – NY A 92-unit multifamily rental property in Manhattan's Washington Heights neighborhood, completed in late 2024 as a seven-story all-electric building developed in partnership with LargaVista Companies. Features one- and two-bedroom apartments with curved brick facades, rooftop solar panels, a fitness center, courtyard, and pet spa, targeted at residential renters in upper Manhattan.
• Vernon Boulevard Assemblage – Long Island City Approximately 2.5 acres of controlled waterfront land along Vernon Boulevard adjacent to the Anable Basin in Long Island City. The firm is pursuing entitlements for a mixed-use district including housing, retail, and publicly accessible open space along the East River, representing one of the few remaining large-scale waterfront development opportunities in the New York metro area.
• Alta – Long Island City A 43-story mixed-use tower in Long Island City comprising 467 residential units and ground-floor retail space. The development pioneered a co-living concept alongside traditional luxury rentals and includes over 27,000 square feet of amenities including an indoor pool and rooftop deck, serving residential renters seeking amenitized housing in Long Island City.
• 269 West 87th Street, NYC A ground-up 17-story luxury residential building on Manhattan's Upper West Side featuring 39 expansive residences with high-end finishes, sports court, and 24-hour concierge service, targeted at luxury condominium buyers in Manhattan.
• 12 East 88th Street, NYC A boutique collection of luxury condominiums converted from a Rosario Candela–designed rental building in Carnegie Hill. Features museum-quality finishes, restored limestone facade, and pre-war character with modern upgrades, targeted at luxury condominium buyers seeking historically significant Manhattan residences.
• 393 West End Avenue, NYC A repositioned 1927 pre-war building in the West End–Collegiate Historic District transformed into luxury condominium residences preserving Collegiate Gothic architecture with modern interiors and a 4,000-square-foot garden-level suite, targeted at luxury condominium buyers on Manhattan's Upper West Side.
• 4117 Crescent Street, Long Island City A 17-story residential tower in the Dutch Kills section of Long Island City featuring 130 luxury rental units and ground-floor retail with fitness center, landscaped backyard with pool, and rooftop lounge with Manhattan skyline views, targeted at residential renters in Long Island City.
• 640 S. Main Street, Los Angeles A historic 600-room property in Downtown Los Angeles' Historic Core undergoing adaptive reuse to reposition the 1920s-era building into a modern mixed-use asset while preserving its architectural legacy, representing the firm's expansion beyond the New York and South Florida core markets.

Quantifiable outcome

• Active pipeline of nearly 4 million square feet and over 3,600 new residential units valued at over $2 billion
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• LargaVista CompaniescoreStrategic or Co-development PartnerJoint venture partner on 3025 Queens Boulevard (46-story, 561-unit tower in Long Island City) and Park Overture (92-unit multifamily property in Washington Heights).
• Slate Property GroupminorStrategic or Co-development PartnerReal estate development firm listed as a lending partner.
• MG DevelopmentminorStrategic or Co-development PartnerDevelopment firm also active in Hialeah multifamily market alongside BPG.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LargaVista Companies: BPG's direct joint venture partner on 3025 Queens Boulevard (561 units) and The Park Overture (92 units) in NYC. LargaVista is a similarly-sized multifamily development firm focused on ground-up Class-A rental and mixed-use projects in New York City — the closest peer by both business model and partnership overlap.
• Two Trees Management: Brooklyn-based real estate developer known for large-scale waterfront and mixed-use projects (e.g., Industry City, Domino Sugar). Similar to BPG in targeting emerging/transforming NYC neighborhoods with Class-A residential product and institutional capital partners.
• Gotham Organization: NYC-focused developer specializing in luxury ground-up condominium and rental residential product, including 40+ story towers. Closely comparable to BPG in product (luxury for-sale and high-end rental), geography (Manhattan and outer boroughs), and development style.
• Kushner Companies: Family-led NYC-focused multifamily developer with significant ground-up Class-A rental and condo product (e.g., Journal Square tower in Jersey City, One Journal Square). Comparable to BPG in NYC geographic focus, luxury multifamily product, and reliance on institutional capital partners.
• A&E Real Estate: NYC-based multifamily owner-operator and developer with a sizable portfolio of Class-A rental properties. Comparable to BPG in product type (Class-A multifamily), geography (NYC focus), and operating model (vertically integrated with development and property operations).
• Slate Property Group: NYC-focused real estate development firm active in multifamily ground-up development and acquisitions. Listed as a lending partner in BPG's ecosystem. Comparable in product type (multifamily ground-up), geography (NYC), and scale.
• Related Group: Largest multifamily developer in Florida with deep South Florida presence including Hialeah and Coral Gables markets where BPG operates. Highly comparable to BPG's Florida operations in product type (Class-A multifamily), geography (South Florida), and pre-eminent market position.
• Crescent Heights: Nationwide multifamily developer and owner with significant presence in both NYC and Miami. Comparable to BPG in Class-A high-rise multifamily product, dual-market (NYC/Miami) geographic footprint, and institutional-scale ground-up development.

Broad incumbents

• The Related Companies: One of the largest US real estate developers with extensive multifamily and mixed-use portfolios across NYC, Miami, and other major markets. Comparable in product type (Class-A rental, affordable, mixed-use) and geographic focus, but operates at materially larger scale with broader asset class exposure.
• Tishman Speyer: Global real estate developer with deep NYC multifamily and mixed-use presence, including large-scale ground-up residential towers. Comparable in product type and target market but operates at significantly greater scale with broader geographic and asset class diversification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/baron-property-group-llc
• Instagraminstagram.com/baronpropertygroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Baron Property Group