Elie Rieder

Elie Rieder
CEO
Castle Lanterra

Elie Rieder is the Founder and Chief Executive Officer of Castle Lanterra Properties. An active real estate investor, owner and manager since 1998, Mr. Rieder has been directly involved in acquiring in excess of 15,000 multifamily units and has invested across the real estate spectrum including in 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 upgrades 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 the Castle Lanterra companies, 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 U.S. He is also the manager of several insurance funds with over $400 million of assets under management, and has invested in multiple high-yielding real estate investments through this vehicle. Mr. Rieder was named to Real Estate Forum’s “50 Under 40” list in 2017, was awarded Manager of the Year in 2017 for Performance, Innovation, and Strategy by Real Estate Finance & Investment, and won transaction of the year (over $100 million) in 2015 from Real Estate Finance & Investment for its acquisition of Watergate Pointe in Annapolis, MD. 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.