Mattoni Group

What Mattoni Group does

Mattoni Group is a privately-held real estate investment and development firm founded in 2008 by Ricardo Caporal and headquartered in Coral Gables, Florida. The firm specializes in owning, developing, redeveloping, and repositioning multifamily residential properties across the Southeast United States, with a current portfolio spanning Florida, North Carolina, Texas, and Illinois. Mattoni operates through a fund management model, sponsoring several onshore and offshore funds plus two separately managed accounts, and structures joint ventures with top-tier operating developers — including ZOM Living, Royal Palm Companies, and The Wideman Company — to deploy equity into ground-up development, value-add repositioning, build-to-rent, and 55+ active adult projects. The firm has transacted over $2 billion in real estate since inception, joint-ventured and developed more than 5,000 units (with a current portfolio of approximately 6,500 units), and reports portfolio-level returns above 35% over average 3–4 year holding periods.

The business generates revenue through two primary streams: (1) fund management fees and performance-based carried interest from its sponsored funds, separately managed accounts, and co-investor capital sourced from high-net-worth individuals, family offices, and institutional investors; and (2) direct and joint venture equity participation in multifamily projects, where returns are realized through project exits and recapitalizations. Distribution is conducted entirely through direct private placement and relationship-based channels — there are no public marketplaces or retail distribution mechanisms. Mattoni's product portfolio spans multiple branded communities including the Soleste, Altis, MiLine, Hamlet, Azalea, and Gables Living lines, alongside mixed-use developments such as Midtown Doral and 5101 Biscayne Blvd, and selective commercial and land positions. The core operating platform is a relationship-driven investment and development operation, with no disclosed proprietary technology stack, AI/ML capabilities, or digital product surface beyond a standard investor portal and corporate website.

The firm is founder-controlled and self-described as well-capitalized, with a leadership team of approximately 8 named professionals including Director-level heads of Development & Construction, Operations & HR, and Finance, plus a Controller and a two-person marketing function. Mattoni manages the full development lifecycle from land acquisition through construction and exit, often partnering with specialist operating developers and engaging capital markets advisors (e.g., Berkadia) for project-level financing. Notable 2025 milestones include groundbreaking on Tuscany Village (420 units, Sanford), Azalea Lake Mary (178-unit 55+ community, Lake Mary), and Gables Living (ultra-luxury mixed-use, Coral Gables), signaling both geographic deepening in Central Florida and product-line diversification into 55+ and ultra-luxury subsegments.

Name

Mattoni Group

Legal name

Mattoni Group

Website

http://mattonigroup.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Mattoni Group is a privately-held real estate investment and development firm that owns, develops, and repositions multifamily residential properties across the Southeast US through sponsored funds, separately managed accounts, and joint ventures with operating developers, serving HNWIs, family offices, and institutional investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Fund Management: Mattoni Group manages its own onshore and offshore funds along with two separately managed accounts, generating management fees and performance-based carried interest from private and institutional investors.
2. Joint Venture & Direct Investments: Direct investments in multifamily real estate and real estate-secured assets including joint ventures and partnership interests, targeting risk-adjusted returns over 3-5 year holding periods.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Mattoni Group is a private equity real estate investment and development firm that owns, develops, redevelops, and repositions multifamily residential properties across the Southeast United States. The firm manages its own onshore and offshore funds along with separately managed accounts, partners with developers and operators through joint venture equity structures, and targets multifamily rental projects with 3-5 year holding periods.

Product overview

Mattoni Group is a private equity real estate investment and development firm that specializes in owning, developing, redeveloping, and repositioning multifamily residential properties across the Southeast United States. The company's portfolio consists of multiple distinct product lines: Class A multifamily apartment communities (MiLine, Altis, Soleste, Azola, Mosby, and Hamlet branded properties) offering luxury amenities like resort-style pools, fitness centers, coworking spaces, and pet facilities; mixed-use developments combining residential, retail, and office components; build-to-rent communities; 55+ active adult communities; and land development projects. The company operates primarily in Florida, with additional investments in North Carolina, Texas, and Illinois. Notable named product lines include the MiLine series (MiLine I, MiLine II, MiLine III) in Miami, the Soleste series in the Miami area, Altis Grand Central in Tampa, and Hamlet build-to-rent communities in Wesley Chapel. Investment strategies include ground-up development, value-add repositioning, and distressed asset acquisition, with returns targeted over 3-4 year holding periods.

Differentiator

Problem solved

Functional benefit

Brands

• Azalea: Active adult community brand for 55+ residential developments (Azalea Lake Mary).
• MiLine
• Altis
• Northhaven
• Soleste
• Gables Living
• Hamlet
• Gables Ponce

Products and services

• Onshore Real Estate Investment Funds Pooled investment vehicles managed by Mattoni Group that deploy capital into multifamily real estate projects across the Southeast United States, available to private and institutional investors.
• Offshore Real Estate Investment Funds Offshore fund vehicles managed by Mattoni Group that invest in multifamily real estate opportunities across the Southeast US, available to private and institutional investors.
• Separately Managed Accounts Bespoke managed account structures through which Mattoni Group deploys investor capital into multifamily real estate projects on a customized basis.
• Joint Venture Equity Partnerships Co-investment equity partnerships in which Mattoni Group provides capital alongside developers, operators, and private equity firms for multifamily ground-up development, redevelopment, repositioning, and value-add projects.
• Direct Co-Investment Opportunities Direct investment opportunities offered to private and institutional investors to participate alongside Mattoni Group's multifamily real estate transactions.

Quantifiable outcome

• Over 35% return on investment over an average holding period of 3-4 years
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• ZOM LivingcoreStrategic or Co-development Partner · 1 November 2025Mattoni Group partners with ZOM Living, one of the nation's leading multifamily developers with 48-year history and over 25,000 apartment units developed nationwide totaling over $7.5 billion in capitalization. The partnership has produced Azalea Lake Mary, a 178-unit 55+ active adult community in Lake Mary, Florida, breaking ground in November 2025 with projected delivery in early 2027.
• The Wideman CompanycoreStrategic or Co-development Partner · 1 November 2025Mattoni Group partners with The Wideman Company, an Orlando-based real estate investment firm with over 50 years of experience and approximately $1.2 billion of commercial real estate under management across the Southeast and Sunbelt states. The Wideman Company specializes in value-add and distressed situations, contributing operational expertise to joint ventures including Azalea Lake Mary.
• Verdex ConstructionminorOthers · 1 November 2025Verdex Construction serves as the general contractor for the Azalea Lake Mary project, delivering construction services under the partnership structure.
• MSA ArchitectsminorOthers · 1 November 2025MSA Architects serves as the architect and designer for the Azalea Lake Mary project.
• One Line Design StudiominorOthers · 1 November 2025One Line Design Studio serves as the interior designer for the Azalea Lake Mary project.
• Royal Palm CompaniescoreStrategic or Co-development Partner · 1 February 2025Mattoni Group partners with Royal Palm Companies on large-scale multifamily developments in Central Florida, including Tuscany Village (Northhaven) — Sanford's largest multifamily development with 420 units — and a new 336-unit proposal in Sanford, Florida.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ZOM Living: ZOM Living is a 48-year-old multifamily developer with over 25,000 apartment units developed and $7.5B+ in capitalized transactions. As Mattoni's co-development partner on Azalea Lake Mary and other projects, ZOM shares Mattoni's focus on Class A multifamily in the Southeast US, making it a directly comparable operating partner.
• Royal Palm Companies: Royal Palm Companies is a Central Florida multifamily developer partnering with Mattoni on large-scale developments including Tuscany Village (420 units) and a 336-unit Sanford project. Strong regional overlap in Florida multifamily development makes it a directly comparable peer.
• The Wideman Company: Orlando-based real estate investment firm with over 50 years of experience and approximately $1.2B of commercial real estate under management across the Southeast and Sunbelt. Specializes in value-add and distressed situations, functioning as a co-developer on Mattoni's Azalea Lake Mary project.
• RangeWater Real Estate: Atlanta-based multifamily real estate investment firm focused on development, acquisition, and asset management across the Southeast US. Operates a similar multifamily-focused PE model with regional concentration in the Sunbelt, making it a strong comparable.
• TruAmerica Multifamily: National multifamily investment firm that acquires, renovates, and operates workforce housing across the US. Their workforce/middle-market housing focus and value-add strategy align closely with Mattoni's 'necessity-based real estate' positioning.
• Wood Partners: National multifamily developer with active pipeline across the Southeast US including Florida, Georgia, and the Carolinas. Comparable ground-up Class A multifamily development model operating in the same regional markets where Mattoni focuses.
• Alliance Residential: Large national multifamily developer, owner, and property manager with significant Florida and Southeast US presence. Operates similar Class A multifamily development and investment strategy across comparable geographies.

Broad incumbents

• Greystar Real Estate: Global leader in multifamily investment, property management, and development with over $300B in assets under management. Operates across all multifamily sub-strategies and geographies, including substantial Southeast US exposure, making it the dominant incumbent in Mattoni's space.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm with extensive multifamily investment sales, debt placement, and capital markets capabilities across the Southeast US. Provides advisory and capital services that complement or substitute for parts of Mattoni's operating model.

Others

• Berkadia: National commercial real estate capital advisor and mortgage banker that arranged $47.8M in financing for Mattoni's Azalea Lake Mary project. Functions as a capital markets partner to multifamily developers and investors, making it a relevant ecosystem peer rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mattoni-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Mattoni Group