Lat Purser & Associates

What Lat Purser & Associates does

Lat Purser & Associates is a privately held commercial real estate firm headquartered in Charlotte, North Carolina, founded in 1961 by Lat W. Purser, Jr. The company provides full-service commercial real estate capabilities across the Southeast United States, including development and redevelopment, acquisitions, tenant and landlord brokerage, property management, leasing, and construction management. It operates from three regional offices (Charlotte, NC; Raleigh, NC; and Jacksonville Beach, FL) and serves retail, office, industrial, and mixed-use property owners, developers, and tenants primarily in North Carolina, South Carolina, Georgia, and Florida.

The firm generates revenue through four primary streams: development fees and equity participation from development and redevelopment projects; commissions from brokerage and leasing transactions; recurring management fees from ongoing property management engagements (including more than 1.5 million square feet under Florida management alone); and construction management fees. Pricing is engagement-specific and not publicly disclosed, with each deal varying by property type, scope, and market conditions. The platform is supplemented by two specialized sub-brands — MyNiche Apartments, a boutique residential development and property management division, and LPA Urban, a specialized unit focused on urban infill leasing, investment, and development within city cores. Its go-to-market is direct enterprise field sales via its three regional offices, with tenant and landlord relationships cultivated through local market presence and participation in industry events such as ICSC.

Ownership and leadership remain with the Purser family across generations: Lat W. Purser III serves as Chairman of the Board with over 40 years of experience, Lat H. Purser serves as President, and Adam Purser leads MyNiche Apartments. Pete Brucia has served as CFO since 2006. The company has been entirely self-financed with no external venture capital or private equity investment. Notable disclosed outcome metrics include a 514% Net Operating Income increase and $5.6 million estimated value uplift at the 2100 N. Davidson redevelopment, and a 240% NOI increase and $4.9 million value uplift at Ashley Oaks Plaza. There is no proprietary technology platform; competitive differentiation rests on local market knowledge, long-tenured talent, and integrated full-service delivery.

Name

Lat Purser & Associates

Legal name

Lat Purser & Associates, Inc.

Website

https://latpurser.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

51–100 employees

Short description

Lat Purser & Associates is a privately held, Charlotte-based commercial real estate firm founded in 1961 that provides development, brokerage, leasing, property management, and construction management services across the Southeast US, with sub-brands in multi-family and urban infill.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

Keywords

• Commercial real estate services
• Property management
• Real estate development
• Tenant representation
• Brokerage services

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Development Services: Development and redevelopment of commercial properties including market analysis, site evaluation, cost analysis, and construction management. Revenue earned through development fees and equity participation.
2. Brokerage and Leasing Commissions: Tenant and landlord representation, acquisitions brokerage. Revenue through commissions on completed transactions.
3. Property Management: Ongoing property management services including budgeting, forecasting, tenant relations, and maintenance oversight. Revenue through management fees.
4. Construction Management: Oversight of construction projects for clients. Revenue through construction management fees.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Lat Purser & Associates is a commercial real estate firm providing development, acquisitions, brokerage (tenant and landlord representation), leasing, property management, and construction management services for retail, office, industrial, and mixed-use properties. The firm operates across the Southeast US (North Carolina, South Carolina, Georgia, and Florida) with dedicated multifamily (MyNiche Apartments) and urban infill (LPA Urban) sub-brands.

Product overview

Lat Purser & Associates operates as a commercial real estate firm offering development, acquisitions, brokerage, leasing, property management, and construction management services across the Southeast US. The company is structured around a core platform of commercial real estate services supplemented by two specialized sub-brands: MyNiche Apartments (multifamily residential development and property management) and LPA Urban (urban in-fill development and acquisitions). Founded in 1961, the company manages a portfolio of retail, office, industrial, and mixed-use properties throughout North Carolina, South Carolina, Florida, and Georgia.

Differentiator

Problem solved

Functional benefit

Brands

• MyNiche Apartments: Boutique residential development and property management throughout the Southeast
• LPA Urban
• LPA

Products and services

• Development & Redevelopment Commercial real estate development and redevelopment services for retail, office, industrial, and mixed-use properties, providing market analysis, site evaluation, cost analysis, and construction management for property owners and developers in the Southeast US.
• Management & Leasing Commercial property management and leasing services including budgeting, forecasting, tenant relations, vendor coordination, asset management, and maintenance oversight for managed retail, office, and industrial properties.
• Tenant & Landlord Representation Brokerage services providing tenant and landlord representation, including strategic analysis of target demographics, comprehensive market analysis, site tour coordination, lease and purchase negotiations, and acquisitions brokerage for retail, office, and industrial clients in the Carolinas and broader Southeast.
• Construction Management Oversight of construction projects for clients, working alongside architects, engineers, consultants, and contractors to deliver build-to-suit and redevelopment projects on time and on budget.
• MyNiche Apartments Boutique residential development and property management brand offering well-crafted apartment communities in the Southeast with upscale features and a people-first approach; a wholly owned subsidiary of LPA co-founded by Adam Purser.
• LPA Urban Boutique arm of Lat Purser & Associates specializing in leasing, investment, and development services within city cores, with a design-first development approach to urban infill projects.

Quantifiable outcome

• 2100 N. Davidson: 514% increase in Net Operating Income; $5.6 million estimated increase in value; 18,000 SF of new leases
• +1 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Trinity Partners: Carolinas-based commercial real estate firm providing brokerage, property management, development and project management. Comparable on geography (Carolinas), service mix (full-service) and tenant representation focus.
• Childress Klein: Charlotte-headquartered full-service commercial real estate firm offering development, investment, brokerage and property management across the Southeast. Most directly comparable peer given shared Charlotte base, similar Southeast focus, and parallel full-service CRE platform.
• Marcus & Millichap: Commercial real estate investment sales brokerage with specialization in retail, multifamily and net-lease properties. Comparable on retail brokerage and investment sales focus, though it is a brokerage-only specialist rather than a full-service firm.
• Lincoln Harris: Charlotte-based commercial real estate services firm specializing in tenant representation, project leasing, property management and investments. Highly comparable given same city, similar size and overlap in brokerage and management services.
• Foundry Commercial: Full-service commercial real estate firm operating across the Southeast U.S. with services spanning brokerage, property management, project management and capital markets. Comparable regional Southeast platform with overlapping retail, office and industrial coverage.

Regional players

• The Faison Group: Southeast-focused real estate investment and development firm headquartered in Charlotte. Comparable as a Charlotte-rooted, family-influenced CRE developer and operator with retail and mixed-use exposure.

Broad incumbents

• CBRE: World's largest commercial real estate services and investment firm. Comparable across brokerage, property management and development services and represents the dominant incumbent competing for institutional mandates.
• Colliers International: Global commercial real estate services and investment firm with strong brokerage, property management and project management capabilities. Comparable service mix and competing for Southeast third-party mandates.
• JLL: Global full-service commercial real estate services firm offering brokerage, property management, project management and capital markets. Comparable on service mix but vastly larger scale, providing the institutional incumbent benchmark.
• Cushman & Wakefield: Global commercial real estate services firm with full-service offerings across leasing, capital markets, valuation and property management. Comparable across service lines and the global scale benchmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gva-lat-purser-&-associates-inc./jobs
• Facebookfacebook.com/Lat-Purser-Associates-Inc-Raleigh-Office-2497317293628997

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Lat Purser & Associates