| Rastegar Property Company, LLC | |
| Type: | Privately held company |
| Industry: | Real estate |
| Predecessor: | Rastegar Capital (2015–2018) Rastegar Equity Partners (2018– 2020) |
| Founder: | Ari Rastegar |
| Location City: | Austin, Texas |
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| Area Served: | United States |
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Rastegar Property Company is an American real estate investment firm headquartered in Austin, Texas.[1] It engaged in the acquisition, development, and management of commercial and residential properties throughout the United States.[2]
Ari Rastegar, originally from Texas and possessing a background in real estate law and investment, founded Rastegar Capital in 2015.[3] The private real estate investment firm underwent rebranding in 2018, becoming Rastegar Equity Partners, and eventually Rastegar Property Company.[4] Initially concentrating on the Austin real estate market, Rastegar aimed to form a company using advanced technology and data analytics for the identification and capitalization of undervalued properties in expanding markets.[5] Kellie Rastegar, who is ex-creative director of Rastegar Property Company.[6] [7] [8]
Rastegar Property Company's portfolio encompasses a diverse range of assets, including multifamily, office, retail, and industrial properties.[9] The company has a strong presence in major metropolitan areas, such as Austin, Miami, and New York City, and continues to expand its footprint in emerging markets throughout the United States.[10] As of January 2017, the firm managed assets worth $500 million.[11] As of Spring 2021, the firm had a portfolio comprising at least 4.9 million square feet of real estate in development, encompassing projects in 34 cities across 12 states in the United States.[12] [13]
In 2023, Rastegar Property Company donated 11-acre land to Hays Consolidated Independent School District board for Texas' 17th elementary school.[14] The donated land is part of the 318-acre, 700 Bunton Lane development project, located on the eastern side of Kyle, is set to feature a mix of single-family and multi-family homes, parks, trails, and other amenities, including the new elementary school.[15] [16]