DALLAS, TX, February 21, 2024 – Arlast Capital is launching as a vertically integrated real estate investment firm focused on multifamily assets in the Texas market. The firm is managed by an experienced team of real estate professionals led by Adam Wenneker (Administration), Sergio Chidichimo (Portfolio Management), and Keith Melker (Investment Management).
The firm’s focused approach provides investors exposure to value-add transactions featuring class B & C opportunities in Texas’ growing metropolitan areas. Arlast will target the inefficient middle-market, seeking to acquire and reposition aging assets to meet heavy demand for quality apartments, particularly in Dallas-Fort Worth.
Arlast intends to acquire and manage properties using in-house expertise but has the flexibility to pursue advantaged debt positions that could result in obtaining title as an alternative approach.
“Within Texas, we are seeking distressed deals where operators have either underinvested, mismanaged operations, or been constrained by rising interest rates. Our investment strategy allows us to quickly turnaround struggling assets and deliver NOI growth, resulting in attractive long-term risk adjusted returns” said Wenneker.
A Leader in Multifamily Investing
Arlast Capital is a leading investment and asset manager with a tenured management team featuring a combined track record spanning more than 50 years. The firm’s investment approach is based on rigorous fundamental bottom-up research, which has resulted in strong historical performance across its previous portfolio of properties. 1
The new platform integrates with its sister companies Ardisia Residential and Arboria Construction to deliver increased value for investors by shortening timelines, eliminating misaligned incentives, and avoiding communication gaps across parties. Combined with an innovative procurement approach, Arlast expects to rank among the top-performing managers in its category.
Sergio Chidichimo, Partner at Arlast, added, “We are pleased to bring forward our platform of top-performing multifamily opportunities for investors who are looking for exposure to Texas apartments with high growth potential, from the newest institutional-
quality manager in the state.”
Arlast Capital is part of the Arlast Group, a network of affiliated real estate service providers.
About Arlast Capital
Arlast Capital LLC and its affiliates offer a variety of investment products across Texas’ multifamily sector to meet the needs of multiple investment styles. All products draw on Arlast’s vertically integrated management platform that encompasses the expertise of managers across investment management, asset management, property management, construction management, procurement, and transaction services.
1 The Arlast Capital executive team previously managed nearly 30,000 units across three states while leading an unrelated entity
