The Dilweg Companies

What The Dilweg Companies does

The Dilweg Companies is a privately held commercial real estate investment and management firm founded in 1999 by former NFL quarterback Anthony Dilweg. Headquartered in Chapel Hill, North Carolina with offices in Durham, Charlotte, Atlanta, and Tampa, the firm targets middle-market commercial real estate transactions valued between $15 million and $100 million, with a stated focus on value-add and opportunistic assets in growth metros across the Southeast United States (North Carolina, Georgia, Florida, Texas, and Tennessee). Dilweg acquires, actively manages, and ultimately dispositions office, industrial, hospitality, short-term rental, and mixed-use properties, and runs wholly-owned operating subsidiaries Occano (a waterfront residential and golf community in Merry Hill, NC) and The Carolina Experience (a curated vacation rental platform).

The firm operates a vertically integrated platform with in-house capabilities spanning acquisitions, asset management, leasing, construction management, and property management. Dilweg reports approximately $2 billion in assets under management, over 5.5 million square feet under management, and 25+ properties across its footprint. Its core technology stack is industry-standard (e.g., Argus for underwriting) and there is no disclosed proprietary technology platform. The investor base is dual-channel: institutional investors (pension funds, endowments) accessed through separate accounts and commingled funds, alongside high-net-worth private investors, with a fee structure that pays Dilweg incentive compensation only after investors receive all invested capital plus a cumulative preferred return.

Dilweg has executed a steady cadence of acquisitions and dispositions across multiple cycles, with notable deals including Royal Centre II–IV ($83.5M JV with New York Life, 2015), 250 East Ponce ($28.4M, 2016), Vantage Place ($17.7M, 2017), Holcomb Woods (2021), and the Texas market-entry Royal Tech Business Park (~622,000 SF, 2022). The firm reports a gross, levered IRR of +23.29% over its 17-year investment history, with documented case-study outcomes such as 250 E Ponce (2.49x multiple, 23.40% IRR) and Vantage Place (100% leased, 33% value increase). Recent strategic emphasis is on Southeast U.S. expansion, formalized through the February 2026 elevation of Jerry Banks to lead Atlanta acquisitions, alongside a dedicated capital markets buildout.

Name

The Dilweg Companies

Legal name

The Dilweg Companies

Website

https://dilweg.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

The Dilweg Companies is a private commercial real estate investment and management firm that acquires, enhances, and dispositions middle-market office, industrial, hospitality, and mixed-use properties across the Southeast US on behalf of institutional and high-net-worth private investors.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment & Management

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate investment
• Value-add real estate
• Commercial property management
• Real estate asset management
• Commercial real estate acquisitions

Headquarters

HQ city

Chapel Hill

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Investment Management: Dilweg generates revenue through acquisition, enhancement, and disposition of commercial real estate assets. The firm invests in office, industrial, hospitality, and mixed-use properties across the Southeast, targeting value-add and opportunistic returns for institutional and private investors through separate accounts and commingled funds.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

The Dilweg Companies is a commercial real estate investment and management firm that acquires, enhances, and disposes of middle-market commercial properties ($15M–$100M) in growth metros across the U.S. Southeast. It invests via separate accounts and commingled funds for institutional and private investors, and operates a vertically integrated platform covering acquisitions, asset management, construction, leasing, and property management across office, industrial, hospitality, community development, and short-term rental assets.

Product overview

The Dilweg Companies operates as a commercial real estate investment and management firm offering direct real estate investment for institutions and private investors through separate accounts and commingled funds. The core offering includes office properties (such as 101 Marietta, Concourse, and Quadrangle), industrial/flex properties, hospitality and community development through Occano resort community, and short-term rentals via The Carolina Experience platform. The portfolio spans office, hospitality, short-term rentals, and industrial asset classes across North Carolina, Georgia, Florida, and Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Investment Services Direct commercial real estate investment services for institutional and private investors via separate accounts and commingled funds, focused on opportunistic and value-added middle-market assets ($15M–$100M) in growth metros across the U.S. Southeast. Includes acquisition sourcing, underwriting, asset management, and disposition services across office, industrial, hospitality, and mixed-use assets.
• Office Properties Portfolio Class A and Class B office properties for lease to commercial tenants across Tampa, Charlotte, Atlanta, Raleigh-Durham, Nashville, and the DFW market. Notable properties include Concourse (295,000 SF, Tampa), 101 Marietta (670,000 SF, Atlanta), Quadrangle (264,858 SF, Chapel Hill), Resource Square (Charlotte), Vantage Place (Nashville), and Royal Tech Commons (Irving, TX).
• Industrial Properties
• Occano
• The Carolina Experience

Quantifiable outcome

• Gross, levered IRR of +23.29% outperforming industry benchmarks
• +6 more outcomes

Named customers14 records

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

One partnership is on record.

• WeWorkminorOthersWeWork had an 80,000-square-foot lease at 101 Marietta St. in downtown Atlanta. Dilweg and WeWork mutually agreed to terminate the lease in 2021, with Dilweg citing opportunity to backfill the space and position the property for future growth.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Trinity Capital Advisors: Charlotte-based middle-market commercial real estate investment and management firm. Closest comparable in terms of Southeast US focus, deal size band, and vertically integrated investment/asset management approach.
• Childress Klein: Charlotte-based commercial real estate development, investment, and management firm with a long-standing Southeast footprint. Comparable in regional focus, full-service platform, and office/industrial/mixed-use exposure.
• Faison Capital Partners: Charlotte-headquartered real estate investment firm with a multi-decade track record in the Southeast. Directly comparable in geography, value-add investment style, and middle-market deal sourcing.
• Crosland: Charlotte-based real estate development and investment company with a deep Southeast portfolio. Comparable in regional concentration, mixed-use and office expertise, and long operating history.

Broad incumbents

• Highwoods Properties: Raleigh-based publicly traded office REIT with a portfolio concentrated in the best business districts of the Southeast. Larger and public, but directly comparable in geography and office focus.
• Cousins Properties: Atlanta-based publicly traded office REIT focused on the Southeast. Comparable in regional concentration and Class A office product, but operates at significantly larger scale and is publicly traded.
• Columbia Property Trust: Office REIT where Dilweg's COO Drew Cunningham previously ran real estate operations for a $5B national portfolio. Comparable in office strategy and institutional scale, though Dilweg is a private, sub-scale version.
• JLL: Global commercial real estate services and investment firm. Comparable in CRE services, leasing, and investment management functions, but operates at vastly larger scale and offers a much broader service portfolio.
• CBRE Group: Largest global commercial real estate services firm. Comparable in tenant leasing, investment sales, and asset management capabilities across the same Southeast markets Dilweg operates in.

Others

• New York Life Real Estate Investors: Institutional real estate investor and JV partner with Dilweg on the 2015 Royal Centre acquisition. Comparable in core-plus/value-add office strategy, but operates as a major institutional capital source rather than a competing operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-dilweg-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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 The Dilweg Companies