Westmount Realty Capital
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.
- Company typePrivate
- Founded1985
- HeadquartersDallas, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
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.
Westmount Realty Capital firmographics
Firmographics- 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
Westmount Realty Capital industry classification
Industry- 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
Where Westmount Realty Capital is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Westmount Realty Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- 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.
- 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.
- 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
Westmount Realty Capital product offering
Product offeringCore 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
Companies that use Westmount Realty Capital
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Westmount Realty Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Westmount Realty Capital partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- UT Dallas Real Estate ClubminorWestmount 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 & WakefieldcoreWill 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.
- CBREcoreCBRE'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.
- GreystarcoreGreystar 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
Westmount Realty Capital competitors and assessment
Company assessmentBroad 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
Westmount Realty Capital social profiles
Digital presenceWestmount Realty Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Westmount Realty Capital leadership team
Management profileNumber of profiles
Profiles11 records
Westmount Realty Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Westmount Realty Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Westmount Realty Capital
What does Westmount Realty Capital do?
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.
Is Westmount Realty Capital a public or private company?
Westmount Realty Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Westmount Realty Capital founded?
Westmount Realty Capital was founded in 1985. It employs 101 to 250 people.
Where is Westmount Realty Capital based?
Westmount Realty Capital is headquartered in Dallas, United States, in the North America region.
How does Westmount Realty Capital make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are acquisition and Disposition Fees and value-Add Asset Performance / Carried Interest.
Who are Westmount Realty Capital's main competitors?
Broad incumbents on record are AEW Capital Management, Clarion Partners, Heitman and Principal Real Estate Investors. Direct peers are DRA Advisors, Westbrook Partners, Taurus Investment Holdings and Crow Holdings Capital. JLL Capital Markets is listed as an others. Artemis Real Estate Partners is listed as an emerging player.
Does Westmount Realty Capital have an API?
No public API is recorded for Westmount Realty Capital.
What industry is Westmount Realty Capital in?
Westmount Realty Capital's product category is Commercial Real Estate Investment. Its primary akta.pro industry code is FSANAEAI, Real Estate Funds — Opportunistic / Development. Its NAICS code is 53119 and its SIC code is 6532.