Landmark Properties Completes Record-Breaking Year with $10.4B Assets Under Management and $4.7B Annual Transaction Volume
Tuesday, January 10th, 2023
Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, concludes another milestone year in 2022 with $10.4 billion assets under management and $4.7 billion transaction volume despite economic downturns across real estate markets.
"Despite the challenging capital markets, I'm proud of the way our team has executed on another record year at Landmark," said Landmark President and CEO, Wes Rogers. "By almost every metric, 2022 was the best year we've had as a company, and we're excited about the opportunities ahead in 2023."
The Company's continued growth has solidified Landmark as a leader in real estate development to include:
$10.4 billion of assets under management
$2.7 billion in new programmatic ventures and individual deal capitalizations
$1.9 billion in loan closings
$1.5 billion in construction starts for new development
$0.9 billion in acquisitions and recapitalizations
56,000 beds currently under management, with an additional 6,000 under construction
Nearly 1,300 full- and part-time employees, including almost 250 industry experts working in the Company's corporate offices
104 residential rental communities across the country