Focusing on value creation through development, redevelopment and adaptive reuse, Slate invests in market rate and mixed-income rental housing as well as for-sale condominium projects. We combine a data-driven and fundamental-focused investment style with deep in-house construction and operational expertise to identify projects with superior risk-adjusted return profiles. As a fully vertically integrated owner, operator, and developer, we leverage our diverse team of in-house talent to drive value and proactively manage risk throughout investment lifecycles. In addition, Slate pairs these skills with its structuring expertise to provide sophisticated and creative solutions to other developers and investors seeking preferred equity and other forms of structured capital.

Representative Case Studies

The Yellowstone

Forest Hills, NY

The luxury ground-up development by Slate Property Group was completed in 2023. Located in one of the most desirable neighborhoods in New York City, Forest Hills. The 182,000 square foot mixed-income property features 166 one- and two- bedroom apartments with a host of amenities consisting of a fitness center, resident lounge, rooftop terrace, outdoor common terrace, on-site parking, and bike storage. The Yellowstone is anchored by Bank of America and Trader Joe's on the ground floor.

Dutch House

Queens, NY

Slate Property Group completed the development of Dutch House in 2022. Located in the burgeoning Dutch Kills neighborhood of Queens, New York, the 186,000 square foot mixed-income property consists of 186 residential units ranging from studios to two-bedrooms. The luxury development also features a fitness center, resident lounge, rooftop terrace, on-site parking, and bike storage for residents.

The Biltmore

New York, NY

Originally built in 2003, Slate Property Group acquired the 443,000 square foot property in 2018. Slate underwent an extensive renovation of the building’s lobby, amenities and 464- residential units. Located in Midtown Manhattan, the property benefits from an extensive amenity package, on-site parking, and over 20,000 square feet of retail space.

1080 Lorimer Street

Brooklyn, NY

Slate Property Group converted this historic savings bank building into 29 luxury condos in the heart of the Greenpoint historic district. Completed in 2022, the 56,000 square foot building underwent an extensive renovation of the existing structure and added two new floors to increase housing capacity.

Market Rate

Market Focus

Nationwide

Deal Size

$5 Million - $500 Million

Property Type

Multifamily Value-Add, Mixed-Use, Conversions

Condominium

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut et massa mi. Aliquam inhendrerit urna. Pellentesque sit amet sapien fringilla, mattis ligula consectetur, ultricesmauris. Maecenas vitae mattis tellus. Nullam quis imperdiet augue. Vestibulum auctorornare leo, non suscipit magna interdum eu. Curabitur pellentesque nibh nibh, atmaximus ante fermentum sit amet. Pellentesque commodo lacus at sodales s

Our experience owning, investing, developing, and operating also makes us good partners on the credit side.

We help our borrowers navigate challenges that we've been through before.

During the closing process, our credit team has firsthand experience understanding and working through the budget, schedule, and major milestones so that we can set up our developer partners for success.

We can help clients navigate the TCO process, as well as fully understand how to approach land use actions and variances.

Equity

Market Rate

Condominium

Our experience owning, investing, developing, and operating also makes us good partners on the credit side.