Outland Re
Outland RE is a privately held, vertically integrated real estate investment firm that acquires, renovates, and operates workforce multifamily housing in the Phoenix metropolitan area for investment partners and tenants.
- Company typePrivate
- Founded2016
- HeadquartersMesa, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Outland Re does
Outland RE is a privately held, vertically integrated real estate investment firm founded in 2016 in Mesa, Arizona, focused on acquiring, repositioning, and operating workforce multifamily housing in the Phoenix metropolitan area. The firm pursues on-market and off-market multi-family assets through relationships with brokers, sellers, and lenders, then executes value-add renovations and operates the assets through its captive property management company, Diamond Asset Management (founded 2011 by Partner Bridget Salyer). Since founding, Outland has acquired 19 assets totaling 1,696 units with $202m in cumulative transaction volume, and currently maintains 14 active properties comprising approximately 980 units; seven prior deals have been exited at Net IRRs ranging from 40% to 88.9%+ and equity multiples of 1.75x–3.76x.
The company's underlying operating platform combines an in-house renovation team (1,500+ units renovated in five years) with Diamond Asset Management, which runs on AppFolio's third-party property management SaaS and exposes a tenant portal to residents. The firm is led by Founder Mike Cook (MS Real Estate Development, Columbia; formerly a partner at Sundance Bay where he led 1,700+ units) and Partner Bridget Salyer, with Strategic Advisor Gentry Hoit supporting capital strategy. Go-to-market is sales-led and relationship-driven: capital is raised deal-by-deal from unnamed investment partners for joint venture acquisitions, while tenants are acquired through standard multi-family leasing channels in workforce housing submarkets. Revenue is generated through recurring rental income on owned assets and transactional gains from property repositioning and sale.
Outland Re firmographics
Firmographics- Name
- Outland Re
- Legal name
- OUTLAND RE LLC
- Website
- https://outlandresidential.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Outland RE is a privately held, vertically integrated real estate investment firm that acquires, renovates, and operates workforce multifamily housing in the Phoenix metropolitan area for investment partners and tenants.
- Ownership category
- akta.pro rank
Outland Re industry classification
Industry- Product category
- Real Estate Investment (Workforce Multifamily Housing)
- NAICS
- Lessors of Real Estate (5311), Residential Property Managers (531311)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)
Keywords
Where Outland Re is headquartered
LocationHeadquarters
- HQ city
- Mesa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Outland Re business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Rental Income: Revenue generated from leasing workforce housing units to tenants in multi-family properties across the Phoenix metropolitan area.
- Property Value Appreciation and Asset Sales: Returns generated through property repositioning, renovations, and subsequent sale of multi-family assets. Historical performance includes exits such as 55% Net IRR / 2.1x at The Vibe, 70% Net IRR / 3x at Solano Vista, and 88.9%+ Net IRR / 3.1x at Sora on Rose.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Outland Re product offering
Product offeringCore offering
Outland RE is a vertically integrated real estate investment firm that acquires, repositions, and manages workforce multifamily housing properties in the Phoenix, Arizona metropolitan area. The firm raises capital from investment partners, deploys it into acquisitions, executes value-add renovations through an in-house team, and manages stabilized assets through its in-house property management company (Diamond Asset Management). Returns are generated through rental income and property value appreciation upon exit.
Product overview
Outland RE is a vertically integrated real estate investment company operating as a single unified offering focused on workforce housing in the Phoenix, Arizona metropolitan area. The company's core service combines property acquisition, in-house property management through Diamond Asset Management, and renovation services to transform real estate assets into safe, well-appointed workforce housing. The portfolio spans multiple active multi-family properties (Papago, Wintercove, Modern Quarters, Sonora Sunset, Scottsdale 5th, 10Ten, Canyon 35, Franciscan, Hacienda, Golden Key, and The Palms) alongside successfully exited investments (The Vibe, Mirador, Solano Vista, Casa Nueva, Majestic Palms, SORA on Rose, Royal Palms).
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 107% equity refinancing at Papago within 2 years
- +6 more outcomes
Companies that use Outland Re
Customer profileSegments2 records
Ideal customer profiles2 records
Outland Re technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
Outland Re partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Diamond Asset ManagementcoreIn-house property management company uniquely positioned and incentivized to measure success solely through execution of each deal's business plan. Provides consistent operations, proactive operational decision-making, and centralized structure supporting scalability for both small and large multi-family assets. Founded by Partner Bridget Salyer in 2011.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Outland Re competitors and assessment
Company assessmentDirect peers
- GID Investment Advisers: Vertically integrated real estate investment and operating company with a multifamily platform. Comparable as a vertically integrated acquirer/operator with in-house property management capabilities serving similar institutional capital partners.
- Cardinal Group Companies: Fully integrated multifamily investment, management, and development firm. Comparable vertically integrated stack (acquisitions, in-house management, renovations) targeting similar workforce/middle-market renter segments.
- Berkshire Residential Investments: Multifamily investment manager with both core and value-add workforce housing strategies. Comparable as a multifamily-focused investment manager serving institutional capital and operating workforce-oriented portfolios.
- ConAm Management: Multifamily property management and investment firm operating across the Western U.S. Comparable in offering vertically integrated management alongside investment activity in similar workforce asset classes.
- RangeWater Real Estate: Vertically integrated multifamily investment and management firm focused on the Sun Belt, including workforce and garden-style assets. Highly comparable in operating model — acquires, renovates, and manages multifamily communities — and overlaps directly in Phoenix/Southwest geography.
- Hamilton Zanze: Private multifamily investment firm focused on workforce housing value-add across the Western U.S. Direct peer given shared thesis of acquiring under-managed workforce assets, executing renovation business plans, and selling to institutional buyers.
- The NRP Group: Multifamily developer, owner, and operator with significant workforce and affordable housing exposure. Direct peer in the workforce multifamily segment, sharing the integration of development, ownership, and property management.
- McWhinney: Vertically integrated real estate investment, development, and management firm with multifamily assets in the Western U.S. Comparable integrated business model serving workforce renter segments in overlapping geographies.
- TruAmerica Multifamily: Institutional multifamily investment manager specializing in workforce housing value-add acquisitions across the Western U.S. Direct peer given shared focus on workforce/middle-market multifamily value-add repositioning and Sun Belt geographic overlap.
Broad incumbents
- AvalonBay Communities: Large public multifamily REIT operating across the U.S. with significant Sun Belt exposure. Broad incumbent competing for the same renter pool and capital, but at institutional scale and across diversified markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Outland Re social profiles
Digital presenceOutland Re financial estimates
Financial estimateRevenue estimate
Valuation estimate
Outland Re leadership team
Management profileNumber of profiles
Outland Re subsidiaries and ownership
Company hierarchySubsidiaries1 record
Outland Re funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Outland Re 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 Outland Re
What does Outland Re do?
Outland RE is a vertically integrated real estate investment firm that acquires, repositions, and manages workforce multifamily housing properties in the Phoenix, Arizona metropolitan area. The firm raises capital from investment partners, deploys it into acquisitions, executes value-add renovations through an in-house team, and manages stabilized assets through its in-house property management company (Diamond Asset Management). Returns are generated through rental income and property value appreciation upon exit.
Is Outland Re a public or private company?
Outland Re is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Outland Re founded?
Outland Re was founded in 2016. It employs 1 to 10 people.
Where is Outland Re based?
Outland Re is headquartered in Mesa, United States, in the North America region.
How does Outland Re make money?
Two revenue lines are on record. Rental Income is the primary driver. The others are property Value Appreciation and Asset Sales.
Who are Outland Re's main competitors?
Direct peers on record are GID Investment Advisers, Cardinal Group Companies, Berkshire Residential Investments, ConAm Management, RangeWater Real Estate, Hamilton Zanze, The NRP Group, McWhinney and TruAmerica Multifamily. AvalonBay Communities is listed as a broad incumbent.
Does Outland Re have an API?
No public API is recorded for Outland Re.
What industry is Outland Re in?
Outland Re's product category is Real Estate Investment (Workforce Multifamily Housing). Its primary akta.pro industry code is BPAJAMAK, Real Estate Investment Management (Acquisitions & Dispositions). Its NAICS code is 5311 and its SIC code is 6532.