Elie Rieder
Founder and CEO, Castle Lanterra
Mr. Rieder is the Founder and Chief Executive Officer of Castle Lanterra. An active real estate investor, owner, and manager since 1998, Mr. Rieder has been directly involved in acquiring in excess of 20,000 multifamily units and has invested across the real estate spectrum including residential, office, hospitality, retail, and parking.
Mr. Rieder specializes in value add acquisitions, where property performance can be enhanced through multiple operational and capital improvements. His investments have shown a strong history of success in improving both the quality of life for the tenants and the cash flow to the owner through improvements to unit quality, community amenities, and property aesthetics. He has also successfully employed strategies to turn around underperforming properties, including overhauling management, reconfiguring under utilized-space, reducing operational costs, enhancing property security, and repositioning assets within their markets.
In addition to his activities with Castle Lanterra, Mr. Rieder is an equity partner in a substantial number of units owned and managed by Fieldstone Properties, an active New Jersey investor, owner, and operator of multifamily communities in the eastern United States.
In his personal life, Mr. Rieder is committed to community service, volunteering his time and energy to numerous charitable organizations and community associations focused on providing food, shelter, and education for underprivileged families both locally and abroad.