Westmount Realty Capital

What Westmount Realty Capital does

Westmount Realty Capital is a Dallas-based, privately held commercial real estate investment firm founded in 1985 that executes value-add and opportunistic investment strategies across industrial (light industrial, shallow-bay multi-tenant, cold storage, infill last-mile) and multifamily (Class B/C value-add) asset classes. The firm manages a ~$2.9 billion real estate portfolio through six regional offices spanning Dallas, Chicago, Atlanta, Milwaukee, San Francisco, and Orlando, and serves institutional and private capital partners sourced from 12 countries including pension funds, endowments, sovereign wealth funds, family offices, and high-net-worth individuals. Its core capabilities include identifying functionally obsolete assets, repositioning them through capital improvements and active asset management (for example, cold storage conversions raising ceiling heights by 15 feet and adding freezer space, and warehouse-to-multifamily conversions), and operating diversified multi-tenant shallow-bay industrial portfolios that reduce single-tenant risk.

The firm generates revenue through three primary streams: recurring asset management fees on capital under management, transaction-based acquisition and disposition fees on portfolio buy/sell activity, and performance-driven returns (including carried interest) from value-add repositioning and disposition of stabilized assets. Notable transactions include the 2020 sale of the 1.13 MSF Dallas Food Center cold storage facility (winner of Dallas Business Journal's Best Real Estate Deal of the Year 2020) to Scout Capital Partners via a partnership with DRA Advisors, and 2025 dispositions of a 925,391 SF Chicago industrial portfolio, Forest Oaks multifamily in Arlington, Westmount at Houston Street in San Antonio, and Mountain Vista Commerce Center in Phoenix. Distribution is exclusively direct and relationship-driven, with capital sourced through dedicated partner relationships and an investor login portal; channel partners such as CBRE Capital Markets and Cushman & Wakefield support transaction execution, and Greystar handles third-party multifamily property management. The firm is led by Founder and Chairman Cliff Booth (40+ years in CRE) and President/COO Brant Brown, with key development leadership including Mike Demperio (MD of Development, 50+ years experience, formerly of CRG/CBRE/Panattoni) and Kyle Russell.

Westmount does not operate as a technology or software platform; the offering is a relationship-driven investment management service anchored in domain expertise, off-market deal sourcing, and active asset management. Pricing and fund terms are not publicly disclosed, consistent with the private institutional distribution model.

Name

Westmount Realty Capital

Legal name

Westmount Realty Capital, LLC

Website

https://westmountrc.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

Westmount Realty Capital is a Dallas-based private commercial real estate investment firm founded in 1985 that executes value-add and opportunistic investments in industrial (shallow-bay, cold storage, infill) and multifamily assets across U.S. Sunbelt and Midwest markets, serving institutional and private capital partners sourced from 12 countries through a relationship-driven direct distribution model.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Lessors of Other Real Estate Property (53119), Nonresidential Property Managers (531312), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

Keywords

• Commercial real estate investment
• Value-add industrial real estate
• Multifamily property investment
• Cold storage development
• Shallow bay industrial

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: Ongoing fees charged to institutional and private capital partners for managing investment portfolios. Revenue generated from actively managed industrial and multifamily assets across multiple U.S. markets.
2. Acquisition and Disposition Fees: Transaction-based fees earned on the purchase and sale of commercial real estate assets. Westmount actively acquires and dispositions industrial and multifamily properties across major U.S. metros, including portfolio-level transactions.
3. Value-Add Asset Performance / Carried Interest: Returns generated through the repositioning of underperforming assets (e.g., converting full-vacancy dry warehouses to multi-tenant cold storage facilities) and selling at improved occupancy and market rents. Performance-driven returns through opportunistic investment strategy.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Westmount Realty Capital is a Dallas-based private commercial real estate investment firm that pursues value-add and opportunistic investments in light industrial (including shallow bay, infill, and cold storage) and multifamily properties across major U.S. metropolitan markets. The firm sources, acquires, repositions, actively manages, and disposes of institutional-scale real estate assets on behalf of its institutional and private capital partners from 12 countries.

Product overview

Westmount Realty Capital is a Dallas-based commercial real estate investment firm offering value-add and opportunistic investment strategies across industrial and multifamily property sectors. The company operates as a private real estate investment platform rather than a software product company. Their services include acquisition, development, asset management, and property management of industrial properties (light industrial, cold storage, infill, shallow-bay industrial) and multifamily communities across key U.S. markets including Dallas-Fort Worth, Chicago, Atlanta, Phoenix, and other metropolitan areas. The company does not offer a unified software platform with distinct modules or sub-products.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Real Estate Investment (Value-Add and Opportunistic) Acquisition, repositioning, and disposition of light industrial real estate (shallow bay, infill, cold storage) for institutional and private capital partners. Westmount sources off-market deals, executes capital improvements, actively manages leases with diversified multi-tenant rent rolls, and disposes of stabilized assets. Target assets typically range from 2,000 to 30,000 SF suites in infill urban locations.
• Multifamily Real Estate Investment (Value-Add) Acquisition, repositioning, and disposition of Class B and C value-add multifamily communities (garden-style and townhome-style apartments) across Texas (DFW, Houston, San Antonio, Arlington), Phoenix, Atlanta, and Orlando. Includes hands-on asset management and extensive interior/exterior upgrades to drive occupancy.
• Cold Storage Conversion and Development Specialized capability for converting dry warehouses into cold storage facilities, including ceiling raises (up to 15 feet), freezer space additions, sprinkler upgrades, and heated floor installations. Includes new ground-up cold storage development such as the 282,000 SF West Dallas facility.
• Real Estate Asset Management Services

Quantifiable outcome

• Dallas Food Center (cold storage): grew occupancy from 68% to 92%+ while signing credit-worthy tenants to long-term leases spanning 10-15+ years
• +6 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• UT Dallas Real Estate ClubminorOthers · 13 February 2026Westmount partnered with the Real Estate Club at UT Dallas for an educational event where senior analysts conducted workshops on institutional real estate investing, asset management fundamentals, and financial modeling for students.
• Cushman & WakefieldcoreChannel Partner/ Reseller/ Distributor · 6 January 2026Will Strong (Executive Vice Chair, Phoenix office) brokered the Lillard Drive industrial portfolio acquisition. The local Nevada team of Mike Nevis and Shawn Jaenson handles ongoing leasing and lease renewal negotiations for Westmount's Reno industrial properties.
• CBREcoreImplementation/ SI/ Consulting Partner · 10 November 2020CBRE's Industrial Capital Markets team, represented by Jonathan Bryan and Randy Baird, served as the exclusive seller's representative in the disposition of the Dallas Food Center (1.13 MSF cold storage). CBRE also brokered the Mountain Vista Commerce Center sale.
• GreystarcoreChannel Partner/ Reseller/ DistributorGreystar handles leasing and property management for The Premier at Prestonwood (208-unit multifamily community in Dallas), demonstrating Westmount's use of third-party property management partners for certain assets.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• AEW Capital Management: Large, established real estate investment manager offering core, value-add, and opportunistic strategies across all major property types. Comparable as an institutional capital partner and competitor in the same value-add industrial and multifamily space.
• Clarion Partners: Major diversified U.S. real estate investment manager with deep industrial and multifamily exposure across risk profiles. Comparable as a broader incumbent competing for similar LP mandates and infill industrial deals.
• Heitman: Global real estate investment manager with U.S. value-add, core, and debt strategies across industrial, multifamily, and office. Comparable as a broad incumbent operating in Westmount's target property types and LP universe.
• Principal Real Estate Investors: Large institutional real estate manager with industrial, multifamily, and office mandates. Comparable as a scaled incumbent competitor for U.S. infill and value-add capital.

Direct peers

• DRA Advisors: New York-based real estate investment manager pursuing value-add and opportunistic strategies across industrial, multifamily, and office. Direct peer: partnered with Westmount on Dallas Food Center and competes for similar institutional mandates.
• Westbrook Partners: Privately held value-add real estate investment firm focused on industrial, office, and multifamily in major U.S. markets. Comparable as a similarly-sized opportunistic platform targeting institutional capital.
• Taurus Investment Holdings: Boston-based real estate investment manager focused on industrial, multifamily, and office value-add/opportunistic strategies with institutional capital. Comparable in strategy and LP base to Westmount.
• Crow Holdings Capital: Dallas-based commercial real estate investment manager specializing in value-add industrial, office, and multifamily across the U.S. Sunbelt. Closely comparable to Westmount in geography, opportunistic/value-add strategy, and institutional LP relationships.

Others

• JLL Capital Markets: Global commercial real estate services and investment sales platform. Comparable as a transactional partner (CBRE/Cushman & Wakefield play similar roles for Westmount) and indirect competitor for capital deployment advisory.

Emerging players

• Artemis Real Estate Partners: Mid-sized value-add real estate investment manager focused on U.S. industrial, multifamily, and office. Comparable as a similarly-sized opportunistic platform with institutional capital partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/westmount-realty-capital-llc
• Facebookfacebook.com/WestmountRealtyCapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Westmount Realty Capital