Situs Capital Management

What Situs Capital Management does

Situs Capital Management LLC, doing business as The Situs Group, is a privately held real estate investment and asset management firm founded in 1991 by Clifford Weinberger and headquartered at 333 W. Hampden Ave, Suite 200, Englewood, Colorado. The firm acquires, manages, and develops a diversified portfolio of retail, office, industrial, multifamily, and residential properties across the Denver Metro Area, anchored by two 10-story office towers in downtown Englewood. Situs operates a direct-to-consumer model, leasing residential and commercial space through its website (with searchable property listings, online inquiry, and rental applications) and managing ongoing tenant relationships through an AppFolio-powered Online Tenant Portal available on web, iOS, and Android. Investor-facing operations run on the AppFolio Investment Management platform, providing accredited and institutional capital partners 24/7 access to investment dashboards, K-1s, performance analytics, distribution data, and electronic document signing.

The company's revenue is generated through monthly rental income streams from its residential and commercial property holdings — a recurring subscription-style model with residential rents varying by unit type (studio to 5+ bedrooms) and commercial tenants typically signing longer-term leases. Pricing is not publicly disclosed; prospective tenants must inquire or apply, with income qualification requiring at least 2x monthly rent and a one-month security deposit. Situs also offers Asset Management Services encompassing acquisition sourcing, local market expertise, monthly/quarterly cash flow distribution, and 24/7 investor portal access.

The executive team is small (~8 known staff) and combines institutional real estate backgrounds: Clifford Weinberger (founder; ex-JP Morgan Chase, USAA SVP), Hugo Weinberger (President since 2019; ex-Wachovia, Wells Fargo REIB), Noam Ashter (Partner since 2014; ex-hedge fund analyst, Columbia MBA), and Joel Cohen (Development Partner since late 2021; ex-Silverstein Properties with $6B in underwritten transactions, Georgetown MBA, licensed PE). Operating support is provided by a Director of Operations, Analyst, Leasing Manager, and Maintenance Technician. No external funding rounds, institutional capital backers, or revenue figures are disclosed in the available source material.

Name

Situs Capital Management

Legal name

Situs Capital Management LLC

Website

https://thesitusgroup.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

Situs Capital Management (dba The Situs Group) is a privately held Denver-based real estate investment and asset management firm, founded 1991, that owns and manages a diversified portfolio of retail, office, industrial, multifamily, and residential properties across the Denver Metro Area for residential tenants, commercial tenants, and accredited real estate investors.

Ownership category

akta.pro rank

Product category

Real Estate Investment & Asset Management

NAICS

Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312)

SIC

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

akta.pro primary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

akta.pro secondary industry

Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Residential property management
• Commercial real estate investment
• Real estate asset management
• Multifamily housing leasing
• Office space leasing

Headquarters

HQ city

Englewood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Rental Income: Monthly rental income from residential properties including apartments and single-family homes across the Denver Metro area. Tenants pay monthly rent based on unit type and amenities.
2. Commercial Property Rental Income: Rental income from office, retail, and industrial commercial properties. Includes two 10-story office towers in downtown Englewood. Commercial tenants typically sign longer-term leases.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Situs Capital Management operates as a Denver-based real estate investment and asset management firm that acquires, manages, and develops residential and commercial properties across the Denver Metro area. The portfolio spans apartments, single-family homes, two 10-story office towers in downtown Englewood, retail, industrial, and multifamily assets. Tenant and investor-facing digital services are delivered through AppFolio-powered portals for online rent payment, maintenance requests, and 24/7 investor reporting including K-1s and performance analytics.

Product overview

Situs Capital Management operates as a real estate investment and asset management firm offering a portfolio of residential and commercial properties across the Denver metro area. The company's digital product suite consists of an Online Tenant Portal (powered by AppFolio) enabling rent payment, maintenance requests, and account management via web and mobile apps, and an Investor Portal providing investment tracking, performance analytics, document management (K-1s, reports), and capital distribution visibility. Property offerings include residential rentals and commercial office space (two 10-story towers in Englewood), supported by asset management and investor relations services.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Properties Quality affordable rental housing portfolio located across the Denver Metro area, offered as residential rentals with associated tenant services including online rent payment and maintenance request submission.
• Office Space
• Online Tenant Portal Digital self-service platform enabling tenants to pay rent online, submit maintenance requests, communicate with management, and manage renters insurance. Available via web browser and mobile app for iOS and Android, powered by AppFolio Property Manager.
• Investor Portal Web-based investment management dashboard providing 24/7 access to investment summaries, total invested and distribution amounts, property descriptions with photos and map views, asset valuation details, loan balances, tax documents (K-1s), quarterly and annual reports, and new investment opportunities. Built on AppFolio Investment Management Software.
• Asset Management Services Comprehensive investor services including networking with local brokers, local market expertise, asset management, monthly/quarterly cash flow distribution, clear investor communication, and 24/7 portal access to investment information.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• AppFolio Investment ManagementcoreTechnology or IntegrationAppFolio Investment Management provides the cloud-based investor portal platform powering The Situs Group's investor relations infrastructure. The platform enables 24/7 investor access to investment dashboards, performance analytics, document management (K-1s, reports, agreements), and electronic document signing.
• AppFolio Property ManagercoreTechnology or IntegrationAppFolio Property Manager provides the tenant-facing portal for online rent payments, maintenance requests, and tenant communications. Mobile apps available on iOS and Android through the App Store and Google Play for tenant convenience.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• UDR Inc. Publicly traded multifamily REIT that owns, acquires, develops, and manages apartment communities nationally — comparable to Situs's residential/multifamily ownership and operating model.
• Camden Property Trust: Publicly traded multifamily REIT that owns, acquires, develops, and manages apartment communities — comparable to Situs's residential property ownership and management activities at REIT scale.
• Mid-America Apartment Communities: Publicly traded multifamily REIT that acquires, develops, and operates apartment communities across the Sun Belt — comparable to Situs's multifamily investment and management approach.
• Equity Residential: Large publicly traded multifamily REIT with a diversified urban apartment portfolio — comparable to Situs's residential/multifamily ownership model, though at significantly greater scale and geographic breadth.
• AvalonBay Communities: Major publicly traded multifamily REIT that develops, redevelops, acquires, and manages apartment communities — comparable to Situs's multifamily investment and management activities.
• Essex Property Trust: Publicly traded multifamily REIT focused on West Coast apartment ownership and management — comparable to Situs's multifamily acquisition and asset management model in concept, though operating in a different geography.

Direct peers

• Greystar Real Estate Partners: The largest apartment manager and a major multifamily investor in the U.S. with active Denver presence — directly comparable to Situs's residential property management and investor capital deployment model, though at much larger scale.
• Aimco: Apartment Investment and Management Company is a Denver-headquartered multifamily REIT that owns, acquires, and manages apartment properties — directly comparable to Situs's multifamily and residential investment/management activities in the same metro.
• Lincoln Property Company: One of the largest diversified real estate operators in the U.S. with multifamily management and investment services — comparable to Situs across residential and commercial property ownership, leasing, and third-party management.

Others

• Cushman & Wakefield: Global commercial real estate services firm offering property management, leasing, valuation, and capital markets advisory — adjacent peer relevant to Situs's commercial office leasing, property management, and investor reporting functions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Situs Capital Management