Old Three Hundred Capital

What Old Three Hundred Capital does

OTH Capital (Old Three Hundred Capital) is an Austin, Texas-based private equity firm founded in 2014 that acquires, develops, and manages residential real estate assets, primarily multifamily properties in the Sun Belt. The firm operates a vertically integrated platform that combines property management, construction management, and maintenance under one roof, supported by a proprietary software platform that integrates acquisitions, asset management, property management, construction management, and maintenance operations for real-time data visibility and streamlined decision-making. The company also maintains a PropTech venture arm to identify and adopt best-in-class real estate technology solutions.

The firm deploys capital across four investment strategies — Value-Add, Workforce Housing, Core, and Development — serving institutional and high-net-worth capital partners who participate through private placements. Portfolio metrics include 2,727 residential units, approximately 2.6 million square feet, $565 million in multifamily assets under management, and $1.1 billion in total project value since inception. Primary markets include Central Texas (Austin, San Antonio, Georgetown, Cedar Park) with selected exposure to Philadelphia, Pennsylvania and New Jersey.

Revenue is derived from asset appreciation, rental income, operational improvements, and likely management and incentive fees on investor capital, though specific financial terms are not publicly disclosed. Avita Property Management operates as a core subsidiary handling multifamily property management services. The firm employs 11-50 people, is privately held (no public ticker or SEC filings), and is headquartered at 1717 W 6th Street, Austin, TX.

Name

Old Three Hundred Capital

Legal name

OTH Capital LLC

Website

https://othcapital.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

OTH Capital is an Austin-based private equity firm that acquires, develops, and manages residential multifamily real estate across Texas, Pennsylvania, and New Jersey using a vertically integrated platform covering property management, construction, and maintenance. The firm serves institutional and high-net-worth capital partners through private placement offerings.

Ownership category

akta.pro rank

Product category

Real Estate Private Equity

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (525990)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Office Real Estate Asset Management (BPAJAMAG)

Keywords

• Residential real estate investment
• Private equity real estate
• Multifamily property management
• Workforce housing investing
• Value-add real estate

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Investment Management: OTH Capital generates revenue through acquisition, development, and management of residential real estate assets. The firm applies intelligent underwriting and operational expertise to create value across various investment strategies including value-add, workforce housing, core, and development. Revenue is derived from asset appreciation, rental income, and operational improvements across the portfolio.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

OTH Capital is a private equity firm that acquires, develops, and manages residential real estate on behalf of capital partners through a fully integrated vertical platform spanning acquisitions, asset management, property management (via subsidiary Avita Property Management), construction management, and maintenance. The firm offers four investment strategies—Value-Add, Workforce Housing, Core, and Development—primarily in Central Texas, Philadelphia, and New Jersey, and operates a proprietary software platform that integrates data across each vertical function to support disciplined underwriting and operational execution.

Product overview

OTH Capital (Old Three Hundred Capital) is an Austin-based private equity real estate investment firm operating as a fully integrated investment platform that combines property management, construction, and maintenance services. The company deploys proprietary software technology to manage acquisitions, asset management, property management, construction management, and real estate technology operations across its investment portfolio. The firm focuses on four investment strategies: Value-Add, Workforce Housing, Core, and Development, primarily in the Texas market and select other regions. The company also maintains a PropTech venture arm to discover innovative real estate solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Value-Add Investment Strategy Residential real estate investment strategy that applies strategic improvements and operational upgrades to unlock value in mis-priced properties, offered to institutional and high-net-worth capital partners via private placement.
• Workforce Housing Investment Strategy Residential real estate investment strategy targeting affordable and workforce housing supply, often in partnership with local, state, and federal programs including CRA and LIHTC, offered to capital partners seeking impact-aligned returns.
• Core Investment Strategy Residential real estate investment strategy focused on well-located, high-quality assets in Sun Belt growth markets positioned for continued migration and long-term stability, offered to capital partners seeking defensive exposure.
• Development Investment Strategy Residential and mixed-use real estate development strategy covering multifamily projects in high-demand markets, ranging from luxury assets in core areas to affordable housing in undersupplied neighborhoods, executed via collaborative partnerships with local developers.
• Avita Property Management Property management services for multifamily residential properties, operated as OTH Capital's core property management subsidiary under CEO Karthik Kirupakaran, applying private-equity principles such as real-time data visibility and disciplined execution to drive occupancy and rent performance.

Quantifiable outcome

• Achieved high occupancy rates and increased rents through operational improvements
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• PropUpcoreTechnology or Integration · 11 November 2025PropUp, a provider of maintenance and renovation solutions, partnered with OTH Capital to enhance property management for multiple residential properties in Texas. The platform enabled OTH to reduce unit turnover times, increase rents, and achieve high occupancy rates, leading to substantial financial returns within 15 months. This partnership demonstrates OTH's commitment to leveraging best-in-class PropTech solutions across its vertically integrated platform.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Invitation Homes: Invitation Homes is the largest US single-family rental operator with a vertically integrated acquisition, renovation, and property management platform. Comparable to OTH as a residential-focused operator leveraging scale, technology, and operational integration.
• Greystar Real Estate Partners: Greystar is the largest US multifamily property manager and a vertically integrated residential operator with development, investment management, and property management capabilities. Closely comparable to OTH given the shared multifamily vertical integration thesis.
• Starwood Capital Group: Starwood Capital is a major private investment firm with a deep residential and multifamily real estate franchise. Comparable to OTH as a real estate private equity operator pursuing value-add and workforce housing strategies across US markets.
• Rockpoint Group: Rockpoint is a real estate-focused private investment firm pursuing opportunistic and value-add strategies across US markets. Comparable to OTH as a RE PE firm with operational orientation and multi-strategy approach.
• Mid-America Apartment Communities: MAA is one of the largest US multifamily REITs with significant Sun Belt exposure. Comparable to OTH in asset class (multifamily) and market focus (Texas/Sun Belt), though operating as a public REIT rather than private PE.
• Lone Star Funds: Lone Star is a global private equity firm with significant residential and commercial real estate exposure, including opportunistic US real estate strategies. Comparable to OTH given its RE PE focus and emphasis on operational value creation.
• Camden Property Trust: Camden is a multifamily REIT with significant Texas concentration including Austin and San Antonio. Directly comparable to OTH in both asset class and primary market footprint, providing a public-market read on similar submarket dynamics.
• Pretium Partners: Pretium is one of the largest US residential real estate-focused private equity firms, investing in single-family rental and residential credit strategies. Highly comparable to OTH given the shared residential RE PE focus and vertically integrated operating model.

Broad incumbents

• Brookfield Real Estate: Brookfield is a major global real estate investor with multifamily, multifamily development, and housing strategies. Comparable to OTH in residential exposure but as a broad incumbent across multiple geographies and property types.
• Blackstone Real Estate: Blackstone is the world's largest real estate private equity platform with significant multifamily exposure including Tricon Residential. Comparable to OTH in asset class but operates at vastly greater scale as a broad incumbent across all RE strategies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments4 records

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

Frequently asked questions about Old Three Hundred Capital