Our Mission
At the intersection of real estate, public policy, urbanism and technology, Asland’s mission is to acquire, reposition, and operate best-in-class multifamily, mixed-use and retail assets in revitalizing sub-markets throughout the U.S that improve communities and enhance the lives of their residents.
Founded in 2019 in New York City by James H Simmons III, Asland Capital Partners brings together a century of professional experience in both the public and private sectors to form a team with a long and proven track record of successful public private partnerships and a reputation for integrity, creativity and excellence The team has created immense value for both financial shareholders and community stakeholders by focusing on under invested and/or under-managed assets.
Our Partners
Our People
James H. Simmons III
CEO & Founder
Jim is CEO & Founding Partner of Asland Capital Partners, serving as head of the investment committee with responsibility for the strategic direction and investment strategy of the firm. Over his 20 years of industry experience, Jim has focused on managing, originating, and structuring various types of real estate transactions including portfolio acquisitions, single asset acquisitions, and joint ventures through his deep relationships across the public and private sectors.
Prior Experience
Ares Management
Apollo Real Estate Advisors
Upper Manhattan Empowerment Zone
Salomon Smith Barney
General Electric
Education
Northwestern University, MBA
Virginia Tech, MS
Princeton University, BSE
Investments
Preservation | New Construction
Sack Wern | Unrealized
1710 Lafayette Avenue, Bronx, NY, 413 Units
Heighliner Portfolio | Unrealized
Multiple Addresses, Harlem & Bronx, NY, 330 Units
Woodbridge Manor | Unrealized
25 Lake Road Irvine, CA, 165 Units
4
MARKETS
$425M +
EQUITY INVESTED
3,700 +
RESIDENTIAL UNITS
800k +
COMMERCIAL SF
Ventures
Investment Approach
Asland Ventures, the venture capital investing arm of Asland Capital Partners, seeks investments that are uniquely positioned at the intersection of the digital and physical world both directly and via venture funds. The firm focuses backing disruptive technologies and exceptional founders building companies in the PropTech, Fintech, HealthCare & Sports/Entertainment sectors.
Direct Investments
Fund Investments
Asland In the News
Park Lane Senior Apartments Opens at 1940 Turnbull Avenue In Soundview, The Bronx
New York YIMBY | 10-25-2024
Park Lane Senior Apartments, a 14-story affordable senior housing project, has opened for occupancy at 1940 Turnbull Avenue in Soundview, The Bronx. Developed by Asland Capital Partners and Pembroke Development, the 115,000-square-foot structure yields 154 units in studio to one-bedroom layouts, all designated as 100 percent affordable senior housing. Thirty percent of the apartments are reserved for formerly homeless seniors, and on-site social services will be provided by local not-for-profit, Self Help. The property is located between Pugsley Avenue and White Plains Road.
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The Rise of the All-Weather Manager
Real Estate Capital USA | 2-1-2024
Managers with the ability to invest across the capital stack are preparing for what they believe will be a once-in-a-generation investment opportunity. As the market cycle resets to an environment with substantially higher interest rates than for most of the last cycle and commensurately lower valuations, these organizations are expecting to see substantial investment opportunities. Jim Simmons, chief executive of New York-based Asland Capital Partners, says the multifamily manager has worked more with private credit lenders over the past two years. The firm, generally a balance sheet or government-sponsored enterprise borrower, has seen liquidity decline amid the rise in interest rates and the failure of regional lenders such as Silicon Valley Bank, First Republic and Sovereign.
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2024 Outlook: Apartments on the Edge
Multifamily Executive | 1-23-24
Its only acquisition in 2023, Excelsa Properties purchased Concord Park at Russett, a 335-unit mid-rise community in Laurel, Maryland. High interest rates scrambled the plans of apartment investors since they began to rise in March 2022. “I do not think that 100% of the assets that need to be refinanced will be able to do so,” says Jim Simmons, CEO and founding partner of Asland Capital Partners. Asland is closely observing potential opportunities to buy discounted apartment properties—ranging from the loan portfolio of Signature Bank, which failed in early 2023 and was seized by the Federal Deposit Insurance Corp., to overleveraged rent-stabilized properties in New York City.
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Contact Us
Asland Capital Partners LLC is a private real estate investment firm headquartered in New York City.
Asland Capital Partners LLC
31 Hudson Yards, 11th Floor
New York, NY 10001
Investment Opportunities
info@aslandcap.com
(212) 390 4146
Investor Inquires
Investors@aslandcap.com
(212) 390 4146
Press Inquiries
asland.press@greatink.com
(212) 741 2977