The Beverly Group

What The Beverly Group does

The Beverly Group is a privately held, family-owned Los Angeles-based real estate investment and development company that operates as a direct buyer and long-term owner of multifamily apartment buildings. Founded in 2000 by Jeffrey Martin Schleider and operating under the legal entity Lexington Realty Capital LLC (DBA The Beverly Group), the firm owns and operates six apartment communities across Greater Los Angeles neighborhoods including Santa Monica, West Adams, Silver Lake, and Miracle Mile — including Steel Factory Lofts, Ashland, West Adams Lofts, The Marc, Brownstone Suites, Shadyside Place, and Sutton LRC. Tenant leasing for the owned portfolio is handled externally by Glaser Property Management. Beyond the owned portfolio, the company actively acquires additional multifamily and commercial properties directly from owners and investors, including probate situations and 1031 exchange scenarios, purchasing properties as-is without requiring repairs, broker involvement, or public listings, with principals credited for 175+ transactions valued at $350M+ over the firm's 20+ year history.

The company's core service is a direct off-market acquisition offering targeting LA multifamily owners who prioritize speed, certainty, and discretion over traditional brokered listing processes. Revenue is generated through long-term ownership and operation of rental apartment communities (net rental income plus operating expense recovery) and from capital appreciation, rent increases on tenant turnover, and deferred-maintenance resolution on acquired assets. Pricing is transaction-specific rather than product-based; the company pays broker referral fees to agents who bring deals, covers closing costs in most cases, and closes via all-cash offers in as little as two weeks. Subsidiary service lines include complimentary property valuations, 1031 exchange facilitation, probate acquisition handling, and as-is purchases including distressed variants (fire damage, code violations, tax delinquency, rent-controlled units).

The business model relies on a relationship-driven, content-marketing-led acquisition pipeline. The Beverly Group sources deals through its website (beverlygroup.com), an extensive blog optimized for organic search terms such as 'sell LA multifamily' and '1031 exchange LA real estate,' email newsletter capture (free multifamily market report), a broker referral program paying commissions to agents, direct seller outreach, and a Facebook presence (@TheBeverlyGroup). There is no proprietary technology platform, no public API, no mobile app, and no disclosed AI/ML capabilities; operational competencies center on traditional multifamily underwriting (evaluating rent rolls and P&Ls, assessing deferred maintenance) and execution of direct acquisitions. The firm is funded entirely by private family capital with no institutional investors, private equity, or venture capital backing disclosed, and no parent company or subsidiaries reported.

Name

The Beverly Group

Legal name

Lexington Realty Capital LLC

Website

https://beverlygroup.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

The Beverly Group is a privately held, family-owned Los Angeles real estate investment and development company that directly acquires, owns, and operates multifamily apartment buildings across Greater Los Angeles, purchasing properties as-is, off-market, and all-cash from property owners, estates, and 1031 exchange sellers.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Investment

NAICS

Lessors of Real Estate (5311), Residential Property Managers (531311)

SIC

Operators Of Apartment Buildings (6513), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Multifamily real estate investment
• Property acquisition services
• Apartment community operations
• Off-market property buying
• Real estate development

Headquarters

HQ city

Beverly Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Multifamily Property Acquisition and Ownership: The Beverly Group acquires multifamily and commercial properties in Los Angeles, renovates and repositions them, and operates them as rental communities generating recurring rental income. Their primary revenue derives from net operating income (rental income minus operating expenses) across their portfolio of apartment communities.
2. Direct Property Purchases: Revenue generated through direct acquisition of multifamily properties from sellers. They purchase properties as-is, often with tenants in place, and generate value through property appreciation, rent increases on unit turnover, and deferred maintenance resolution after acquisition.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Beverly Group is a Los Angeles real estate developer and multifamily investor that directly purchases apartment buildings and commercial property across LA County and select US cities on an as-is, all-cash basis. After acquisition, the company renovates, repositions, and operates the properties as rental apartment communities. Complementary offerings include complimentary property valuations, 1031 exchange facilitation, and probate property acquisition. Residential leasing for owned communities is handled by Glaser Property Management.

Product overview

The Beverly Group is a Los Angeles-based real estate investment and development company operating a unified service model centered on multifamily property transactions. The core offering consists of direct purchasing of apartment buildings across Los Angeles County and select US cities, combined with complimentary property valuation services, 1031 exchange facilitation, and probate property acquisition expertise. A supplementary tenant portal enables residents to pay rent online and submit maintenance requests. All property purchases are made as-is, with the company handling any renovations, repairs, or repositioning internally. The company's transaction process emphasizes speed (often 30 days or less), all-cash offers, no commissions, and privacy through off-market transactions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Close in as little as 2 weeks (direct purchases) or 30 days (typical)
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and supporting.

• Glaser Property ManagementcoreChannel Partner/ Reseller/ DistributorGlaser Property Management handles all residential leasing for The Beverly Group's owned apartment communities across Los Angeles. They manage tenant-facing activities including showing available units and executing leases for The Beverly Group's properties including Ashland, Steel Factory Lofts, West Adams Lofts, The Marc, Brownstone Suites, and Shadyside Place.
• Wilshire EscrowsupportingImplementation/ SI/ Consulting PartnerWilshire Escrow is referenced as the escrow company option offered to sellers during the transaction process. The Beverly Group allows sellers to choose their own escrow and title companies as part of their buyer-friendly process.
• Ticor TitlesupportingImplementation/ SI/ Consulting PartnerTicor Title is referenced as a title company option offered to sellers during the transaction process. Sellers can select their preferred title company as part of The Beverly Group's flexible closing process.
• Lexington Realty Capital LLCcoreOthersLexington Realty Capital LLC DBA The Beverly Group. This is the legal entity structure of the company — Lexington Realty Capital LLC does business as (DBA) The Beverly Group. Founded by Jeffrey Martin Schleider, the entity operates as a Los Angeles real estate developer focused on multifamily and mixed-use properties.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Equity Residential: Public multifamily REIT with significant West Coast urban apartment holdings. Comparable in coastal multifamily ownership but at institutional scale and with public-market capital structure.
• AvalonBay Communities: Large-cap public multifamily REIT operating apartment communities across high-barrier coastal markets including California. Comparable asset class and value-add strategy at institutional scale.
• Essex Property Trust: Public multifamily REIT focused on West Coast apartment communities, with deep concentration in California markets overlapping The Beverly Group's footprint. Public-market incumbent at vastly larger scale.
• Greystar Real Estate Partners: Largest US multifamily operator and investment manager with extensive apartment portfolio management and acquisition activity. Comparable in operating model and multifamily focus, vastly larger in scale.
• CIM Group: LA-based diversified real estate investment firm with significant multifamily holdings and urban infill focus. Broader mandate than The Beverly Group but directly comparable in LA multifamily acquisition and repositioning activity.

Direct peers

• Barker Pacific Group: Los Angeles-based multifamily investment and management firm focused on acquiring and operating apartment properties in Southern California. Directly comparable to The Beverly Group by geography, asset class, and operating model.
• JRK Property Holdings: Los Angeles-based multifamily investor and operator with a vertically integrated acquisition-to-management platform. Directly comparable in geographic concentration and multifamily specialization.
• Hackman Capital Partners: LA-based privately held real estate investment firm focused on industrial, multifamily, and mixed-use properties. Comparable in geographic focus, private family/partnership structure, and direct acquisition activity.
• Gelt Inc. LA-based multifamily investment and property management company that actively acquires apartment buildings, often as-is and off-market. Closely matches The Beverly Group's direct-buyer, as-is acquisition playbook and LA focus.
• TruAmerica Multifamily: LA-headquartered multifamily investor and operator with a national portfolio. Comparable to The Beverly Group in multifamily focus, value-add strategy, and California geographic concentration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TheBeverlyGroup
• LinkedInlinkedin.com/company/the-beverly-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 The Beverly Group