Asland Capital Partners

What Asland Capital Partners does

Asland Capital Partners is a privately held New York–based real estate investment firm founded in 2019 by James H. Simmons III that acquires, repositions, and operates multifamily, mixed-use, and retail assets in revitalizing U.S. sub-markets, with an explicit focus on preserving deeply affordable housing through public-private partnerships alongside entities such as NYC HPD and NYCHA. Its portfolio encompasses 3,700+ residential units and 800k+ commercial square feet across four markets, anchored by New York assets including the Sack Wern campus (413 units, Bronx) and the Heighliner Portfolio (330 units, Harlem and Bronx), with California entry via Woodbridge Manor in Irvine; the firm has deployed over $425M of equity alongside institutional capital partners including Goldman Sachs, Tishman Speyer, StepStone, J.P. Morgan, Nuveen, and Deutsche Bank.

The firm generates revenue through three streams: asset management fees on capital under management with institutional investors, equity participation and performance fees tied to the repositioning of underinvested assets, and returns from Asland Ventures, a wholly owned venture capital subsidiary that invests directly and via funds in PropTech, Fintech, HealthCare, and Sports/Entertainment companies. There is no proprietary technology platform; the offering is fundamentally a relationship-driven investment management and operating capability, augmented by in-house structuring of portfolio acquisitions, single-asset deals, and joint ventures.

The business is governed by a senior team led by CEO James H. Simmons III, supported by a Managing Director, Principal, Vice President, and external advisors, and operates from a single headquarters at 31 Hudson Yards in Manhattan. Distribution is conducted through private placements restricted to accredited investors and qualified purchasers, and the firm does not publicly disclose pricing, revenue, or fund-level economics, making third-party verification of scale dependent on portfolio-level disclosures rather than audited financials.

Name

Asland Capital Partners

Legal name

Asland Capital Partners LLC

Website

https://aslandcap.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Asland Capital Partners is a New York–based private real estate investment firm founded in 2019 that acquires, repositions, and operates multifamily, mixed-use, and retail assets in revitalizing U.S. sub-markets, with a focus on affordable housing preservation through public-private partnerships.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Lessors of Other Real Estate Property (53119), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (52394)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Funds — Value-Add (FSANAEAH)

akta.pro secondary industries

Real Estate Funds — Opportunistic / Development (FSANAEAI), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Real estate investment
• Multifamily asset management
• Affordable housing preservation
• Venture capital investing
• Public private partnerships

Headquarters

HQ city

New York

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, Others

Revenue model

1. Asset Management Fees: Asland Capital Partners generates revenue through managing real estate assets on behalf of institutional investors and capital partners, collecting ongoing management fees based on assets under management.
2. Equity Participation and Performance Fees: The firm participates in the upside of real estate investments through equity ownership and carried interest, creating value by acquiring underinvested and under-managed assets, repositioning them, and operating them to improve cash flows and asset values.
3. Venture Portfolio Returns: Asland Ventures, the VC arm of the firm, generates returns through equity investments in PropTech, Fintech, HealthCare, and Sports/Entertainment startups, both through direct investments and fund investments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Asland Capital Partners is a private real estate investment firm that acquires, repositions, and operates best-in-class multifamily, mixed-use, and retail assets in revitalizing sub-markets throughout the U.S., with a focus on affordable housing preservation and public-private partnerships. The firm also operates Asland Ventures, a venture capital arm investing in PropTech, Fintech, HealthCare, and Sports/Entertainment companies, and the Asland Sustainable Housing Fund.

Product overview

Asland Capital Partners operates as a single unified investment management platform focused on real estate investment and venture capital. The core offering is real estate investment management services encompassing acquisition, repositioning, and operation of multifamily, mixed-use, and retail assets, complemented by Asland Ventures which provides venture capital investments in technology sectors including PropTech, Fintech, HealthCare, and Sports/Entertainment.

Differentiator

Problem solved

Functional benefit

Brands

• Asland Ventures: The venture capital investing arm of Asland Capital Partners that seeks investments at the intersection of the digital and physical world, focusing on PropTech, Fintech, HealthCare & Sports/Entertainment sectors.

Products and services

• Asland Capital Partners Real Estate Investment Management

Quantifiable outcome

• 3,700+ residential units acquired and managed
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core.

• Breaking GroundcoreOthersBreaking Ground, a nonprofit organization, collaborates on affordable housing development and social service provision, particularly for supportive housing projects. Partnered on Sack Wern project.
• FairsteadcoreStrategic or Co-development PartnerFairstead serves as operating partner and property manager for Asland investments including Woodbridge Manor in Irvine, CA. The firm specializes in affordable housing preservation.
• Pembroke CompaniescoreStrategic or Co-development PartnerPembroke Development collaborated with Asland on Park Lane Senior Apartments, a 154-unit affordable senior housing project in the Bronx.
• IHO CommunitiescoreStrategic or Co-development PartnerInnovative Housing Opportunities (IHO Communities) is a nonprofit partner collaborating on affordable housing preservation at Woodbridge Manor, helping preserve 90% of units as deeply affordable.
• Clinton ManagementcoreImplementation/ SI/ Consulting PartnerClinton Management is a development partner on the Sack Wern project, a 7-building 413-unit apartment campus in the Bronx, collaborating on renovation and revitalization programs.
• Bronx WorkscoreOthersBronx Works provides social services as part of the Sack Wern project, supporting residents through the comprehensive capital improvement program.
• Winn ResidentialcoreStrategic or Co-development PartnerWinn Residential is a collaborative partner on the Heighliner Portfolio, a 330-unit apartment portfolio in Harlem and Bronx, NY, working on property management and revitalization.
• NYC Housing PartnershipcoreStrategic or Co-development PartnerNYC Housing Partnership is a partner on the Heighliner Portfolio, collaborating with city agencies to preserve 100% of units for Low Income and Very Low-Income households.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• L+M Development Partners: L+M is a NYC-headquartered developer and fund manager specializing in affordable and mixed-income multifamily housing with deep HPD/HCR relationships. Their institutional fund structure, public-private partnership model, and urban infill focus are directly comparable to Asland's core strategy.
• Douglaston Development: Douglaston Development is a NYC-based real estate developer and existing Asland financial partner (Sack Wern collaboration). Their affordable and market-rate multifamily development focus and shared public-private partnership work make them both a peer and a transactional counterparty.
• The Arker Companies: Arker is a NYC-based multifamily owner-operator with deep affordable housing and HPD program experience. Their portfolio composition (3,700+ unit scale similar to Asland) and value-add repositioning approach make them a close functional peer in the NYC affordable multifamily niche.
• Jonathan Rose Companies: Jonathan Rose Companies is a preservation-focused real estate investment manager with a value-add strategy targeting affordable and workforce multifamily housing. Their public-private partnership experience, ESG orientation, and institutional LP base closely mirror Asland's positioning.
• Fairstead: Fairstead is an affordable housing preservation owner/operator that is both a direct comparable in Asland's niche and an existing operating partner on Asland's Woodbridge Manor asset. They share the same value-add preservation strategy, public-private partnership approach, and NYC-affordable housing focus.
• Bluestone & Hockley Real Estate Group: Bluestone & Hockley is a privately held multifamily investment firm focused on value-add acquisitions of affordable and workforce housing. Their preservation-led approach and similar firm scale make them a close functional comparable to Asland.
• WinnCompanies: WinnCompanies is one of the largest affordable and mixed-income multifamily owners in the U.S., and is an existing operating partner on Asland's Heighliner Portfolio. Their value-add preservation strategy and large institutional property management platform make them a directly comparable peer.
• Pennrose: Pennrose is a multifamily developer and fund manager specializing in affordable housing preservation and new construction across the U.S. Their LIHTC-driven value-add model and institutional LP relationships are directly comparable to Asland's approach, though at larger geographic scale.

Broad incumbents

• National Real Estate Advisors: National Real Estate Advisors is an institutional investment manager focused on multifamily value-add and development with strong ESG and impact mandates. Their fund-of-funds LP base (including pension and endowment capital) and value-add strategy are directly comparable, though they operate at larger scale than Asland.
• Blackstone Real Estate: Blackstone is the largest global real estate investment manager and a likely institutional LP/competitor. While Blackstone operates at vastly larger scale and broader mandate, its BREIT and core-plus strategies intersect with Asland's institutional fundraising space and represent the dominant incumbent Asland competes against for institutional capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aslandcapitalpartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 Asland Capital Partners