Carleton Companies is a fully integrated real estate firm specializing in the development, construction, and management of high-quality multifamily housing across the South and Southwest United States. Established in 1991, the company has built a reputation for delivering exceptional multifamily offerings, underpinned by a commitment to integrity, excellence, and safety.
Key Strategic Focus
Carleton Companies' strategic focus encompasses several core areas:
- Development: The company engages in both market-rate and affordable housing developments, leveraging extensive industry experience to deliver top-tier products tailored to specific market demands.
- Construction: With a robust construction division, Carleton offers comprehensive general contractor services, including new construction, rehabilitation, and construction management, ensuring compliance and timely delivery.
- Property Management: Through Carleton Living, the firm provides property management services, overseeing a diverse portfolio of multifamily properties with a focus on enhancing resident satisfaction and operational efficiency.
- Financial Services: Salt River Capital, the financial services arm of Carleton Companies, manages both debt and equity capital, having overseen over $100 million in equity investment capital and over $500 million in total transactions since its inception.
Financials and Funding
Carleton Construction, Ltd., operating under Carleton Residential Properties, has been in business for approximately 34 years. The company is estimated to generate $20.9 million in annual revenues and employs approximately 15 people at its headquarters location, with a total of 45 employees across all locations. It is a minority-owned and operated business, with the owner being African American.
Pipeline Development
Carleton Companies has developed and managed more than 24,000 multifamily units over its 30-year history. The company continues to expand its portfolio, with ongoing projects such as the transformation of the historic Chalmers Courts in Austin, Texas, in partnership with the Housing Authority of the City of Austin (HACA).
Technological Platform and Innovation
Carleton Companies integrates innovative construction methodologies and sustainable building practices into its projects. The firm has been a forerunner in developing affordable housing using green building strategies, achieving Platinum-level certification designated by Leadership in Energy & Environmental Design (LEED) standards.
Leadership Team
- Printice L. Gary: Founder and Chief Executive Officer, with extensive experience in multifamily real estate services dating back to the 1980s.
- Neal R. Hildebrandt: Partner and Chief Operating Officer, overseeing the company's operations and strategic initiatives.
- Tasha Krawiec: President and CEO of Carleton Living, leading the property management division with over 20 years of real estate experience.
Leadership Changes
In April 2024, Carleton Companies appointed Tasha Krawiec as the President and CEO of Carleton Management Services, the company's property management platform. Krawiec brings over 20 years of real estate experience, having previously served as Senior Vice President of Operations for Indio Management from 2021 to 2023.
Competitor Profile
- Market Insights and Dynamics: The multifamily real estate market in the South and Southwest United States is characterized by robust demand, driven by population growth and urbanization trends. The market presents opportunities for both market-rate and affordable housing developments.
- Competitor Analysis: Key competitors in the region include companies such as Lincoln Property Company, Greystar Real Estate Partners, and Trammell Crow Residential. These firms focus on multifamily development and management, employing various technologies and strategies to enhance their market position.
Strategic Collaborations and Partnerships
Carleton Companies has established significant partnerships to strengthen its market position and expand capabilities. Notably, the firm has collaborated with the Housing Authority of the City of Austin (HACA) in the redevelopment of the historic Chalmers Courts, demonstrating a commitment to community-focused projects.
Operational Insights
Carleton Companies differentiates itself through a comprehensive service offering that spans development, construction, property management, and financial services. The firm's integrated approach allows for streamlined project execution and enhanced value creation for stakeholders.
Strategic Opportunities and Future Directions
Looking ahead, Carleton Companies aims to capitalize on the growing demand for multifamily housing in its target markets. The firm plans to leverage its expertise in sustainable building practices and strategic partnerships to expand its portfolio and deliver high-quality housing solutions.
Contact Information
- Website: Carleton Companies
- Address: 4201 Spring Valley Road, Suite 800, Dallas, TX 75244
- Phone: 972-980-9810
Carleton Companies continues to demonstrate a steadfast commitment to excellence in multifamily real estate services, underpinned by a strong leadership team and a strategic focus on sustainable growth.
