LGA Capital
LGA Capital is a Rockville, MD-based boutique FINRA-registered broker-dealer arranging debt and equity capital placement plus advisory services for institutional commercial real estate investors and developers.
- Company typePrivate
- Founded2010
- HeadquartersRockville, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What LGA Capital does
LGA Capital is a boutique capital markets and advisory firm that arranges debt and equity capital for institutional commercial real estate clients. Founded in 2010 by Jason Gerstein and headquartered in Rockville, Maryland, the firm operates through a FINRA- and SIPC-registered broker-dealer entity (LGA Capital CRE, LLC) and provides three core services: equity placement for asset-, portfolio-, and entity-level joint ventures; debt placement for construction, acquisitions, and recapitalizations; and advisory services covering portfolio construction, asset management, valuation, and strategic alternatives. The firm targets institutional real estate investors — owners, operators, and developers of multifamily, retail, office, hospitality, industrial, and mixed-use assets — with a stated focus on repeat, high-touch engagements rather than broad-based origination.
The firm is relationship-driven rather than technology-driven; its stated differentiators are rigorous underwriting, independent perspective, and an extensive network of senior-level institutional investor relationships. The 9-person team holds FINRA Series 7, 24, 63, 66, and 79 licensing, and includes professionals with prior experience at MMA Financial, Tejas Securities, Morgan Stanley, Brown Advisory, and institutional real estate investment managers. Disclosed deal activity includes transactions ranging from $130M (Opal Largo Station multifamily construction, 2022) to $376M (Apollo Portfolio asset management), with one repeat client generating $250M of capitalized multifamily investment over a 24-month period. Operations span multiple U.S. MSAs including Washington, DC, Salt Lake City, and nationwide renewable energy mandates, all delivered from the single Rockville office.
Revenue is generated entirely through transaction fees on private placement securities — placement fees on debt and equity raises, plus advisory and asset management fees. Pricing is not publicly disclosed and is tailored to each transaction. The firm is privately held, founder-owned, with no disclosed external investors, parent company, or subsidiaries, and generates all revenue through a single U.S. legal entity registered in Maryland.
LGA Capital firmographics
Firmographics- Name
- LGA Capital
- Legal name
- LGA Capital CRE, LLC
- Website
- https://lgacapital.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- LGA Capital is a Rockville, MD-based boutique FINRA-registered broker-dealer arranging debt and equity capital placement plus advisory services for institutional commercial real estate investors and developers.
- Ownership category
- akta.pro rank
LGA Capital industry classification
Industry- Product category
- Commercial Real Estate Capital Markets & Investment Banking
- NAICS
- Portfolio Management and Investment Advice (523940), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Investment Advice (6282), Loan Brokers (6163), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
- akta.pro secondary industries
- Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Real Estate Capital Markets Brokerage (Debt & Equity Placement) (FSAEAJAK), Commercial Mortgage Brokerage (FSAEAEAB)
Keywords
Where LGA Capital is headquartered
LocationHeadquarters
- HQ city
- Rockville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
LGA Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Private Placement Securities: As a FINRA member broker-dealer, LGA Capital generates revenue through arranging and placing securities for institutional real estate clients. This includes equity placement for asset, portfolio, and entity-level joint ventures, as well as debt placement for construction, acquisitions, and recapitalizations. The firm also earns fees for advisory services including portfolio construction, asset management, valuation, and strategic alternatives review.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
LGA Capital product offering
Product offeringCore offering
LGA Capital is a boutique capital markets and advisory firm that arranges institutional debt and equity capital for commercial real estate clients. Through its FINRA-member broker-dealer (LGA Capital CRE, LLC), the firm places equity for asset, portfolio, and entity-level joint ventures, secures debt for construction, acquisitions, and recapitalizations, and delivers tailored advisory services spanning portfolio construction, asset management, valuation, and strategic alternatives review.
Product overview
LGA Capital is a boutique capital markets and advisory firm that operates as a single unified platform offering institutional debt and equity placement services for commercial real estate. The firm provides three core services: Equity Placement for strategic capital sourcing across assets, portfolios, and joint ventures; Debt Placement for construction, acquisition, and recapitalization financing; and Advisory Services for portfolio construction, asset management, valuation, and strategic alternatives. These services are delivered through an integrated approach combining private capital solutions and structured debt capabilities, all underpinned by deep institutional investor relationships and rigorous underwriting analysis.
Differentiator
Problem solved
Functional benefit
Products and services
- Equity Placement Strategic capital sourcing for asset-level, portfolio-level, and entity-level joint ventures in commercial real estate, arranging institutional equity partners for sponsors and developers.
- Debt Placement Arrangement of accretive debt financing for construction, acquisitions, recapitalizations, and refinancings of commercial real estate properties, including acquisition financing, refinancing, subordinate debt, bridge loans, construction loans, and agency financing sourced through top-tier lending partners.
- Advisory Services Tailored strategic insights and guidance for organizations and their investments, including portfolio construction, asset management, valuation, and strategic alternatives review.
- Integrated Private Capital Solutions Alignment of strategic capital partners with client vision, values, and operating objectives through the firm's institutional investor network, supporting asset, portfolio, and entity-level joint ventures.
- Structured Debt Solutions Working with top-tier lending partners to deliver acquisition financing, refinancing, subordinate debt, bridge loans, construction loans, and agency financing for commercial real estate clients.
Quantifiable outcome
- Capitalized $250 million in multifamily investment on behalf of a single client over a 24-month period
- +2 more outcomes
Companies that use LGA Capital
Customer profileSegments2 records
Ideal customer profiles2 records
LGA Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
LGA Capital partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights4 records
LGA Capital competitors and assessment
Company assessmentDirect peers
- Berkadia: Joint venture between Berkshire Hathaway and Jefferies providing commercial real estate debt and equity placement, investment sales, and servicing — directly comparable boutique-to-mid-market CRE capital markets intermediary serving similar institutional clients.
- Eastdil Secured: Premier CRE capital markets advisor arranging debt and equity placement, investment sales, and recapitalizations for institutional real estate clients — directly comparable in service mix to LGA Capital, with substantially greater scale and balance-sheet capability.
- Northmarq: Privately held CRE capital markets firm providing debt placement, equity placement, investment sales, and servicing — closely comparable in size and service mix to LGA Capital, focused on institutional and middle-market clients nationwide.
- Walker & Dunlop: Large CRE capital markets intermediary providing debt brokerage, equity placement, and loan servicing for multifamily and commercial properties — overlapping with LGA's debt placement and JV equity services across the same institutional customer base.
- George Smith Partners: Boutique commercial real estate investment banking firm specializing in debt and equity placement for institutional developers and owners — a direct peer in service line, client base, and scale, with a similar relationship-driven placement model.
Broad incumbents
- JLL Capital Markets: Global commercial real estate services firm with a large capital markets division offering debt placement, equity placement, investment sales, and advisory — overlaps with LGA's full service stack but operates as a broad incumbent with much larger scale and geographic reach.
- CBRE Capital Markets: Largest global CRE services firm with capital markets debt and equity placement capabilities — competes with LGA on large institutional mandates but offers a far broader platform including investment sales, valuation, and asset management.
- Newmark Group: Full-service commercial real estate advisory including capital markets, investment sales, and debt/equity placement — overlaps with LGA's service offering, but Newmark is a publicly traded, multi-national platform with significantly broader coverage.
- Marcus & Millichap: National CRE investment sales and capital markets firm with debt and equity placement capabilities — overlaps with LGA's CRE focus, though Marcus & Millichap skews toward smaller middle-market investment sales versus LGA's institutional placement orientation.
Emerging players
- Ares Real Estate Group: Alternative asset manager with growing CRE debt and equity origination — relevant as a competing capital provider on the buy-side of LGA's debt and equity placement transactions, rather than as a direct placement-agent competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
LGA Capital social profiles
Digital presenceLGA Capital compliance and trust
Trust signalCompliance2 records
LGA Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
LGA Capital leadership team
Management profileNumber of profiles
Profiles10 records
LGA Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LGA 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 LGA Capital
What does LGA Capital do?
LGA Capital is a boutique capital markets and advisory firm that arranges institutional debt and equity capital for commercial real estate clients. Through its FINRA-member broker-dealer (LGA Capital CRE, LLC), the firm places equity for asset, portfolio, and entity-level joint ventures, secures debt for construction, acquisitions, and recapitalizations, and delivers tailored advisory services spanning portfolio construction, asset management, valuation, and strategic alternatives review.
Is LGA Capital a public or private company?
LGA Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LGA Capital founded?
LGA Capital was founded in 2010. It employs 1 to 10 people.
Where is LGA Capital based?
LGA Capital is headquartered in Rockville, United States, in the North America region.
How does LGA Capital make money?
One revenue line is on record: private Placement Securities.
Who are LGA Capital's main competitors?
Direct peers on record are Berkadia, Eastdil Secured, Northmarq, Walker & Dunlop and George Smith Partners. Broad incumbents are JLL Capital Markets, CBRE Capital Markets, Newmark Group and Marcus & Millichap. Ares Real Estate Group is listed as an emerging player.
Does LGA Capital have an API?
No public API is recorded for LGA Capital.
What industry is LGA Capital in?
LGA Capital's product category is Commercial Real Estate Capital Markets & Investment Banking. Its primary akta.pro industry code is BPAJANAE, Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing), with a secondary code of BPAJABAL, Capital Markets Advisory (Equity Placement, JV & Recapitalization). Its NAICS code is 523940 and its SIC code is 6282.