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Location
Columbus, OH, US
Primary Industry
Real Estate Development & Operating Companies
About
Schottenstein Real Estate Group focuses on developing residential, multi-family, and mixed-use communities, catering to diverse housing needs in prime locations. Schottenstein Real Estate Group is engaged in developing residential rental properties and multi-family communities. The company operates out of Columbus, US, and has been strategically involved in creating upscale living environments across Ohio, Florida, Kentucky, and Indiana. Gary Schottenstein serves as the CEO, guiding the firm’s vision since its founding.
The Schottenstein Real Estate Group specializes in the development of planned residential, multi-family, and mixed-use communities. Their core product offerings include residential rental properties featuring a range of amenities such as heated pools, fitness centers, and community gardens, aimed at enhancing the living experience of their tenants. The company primarily serves young professionals, families, and retirees looking for high-quality housing solutions in desirable locations. With projects spanning states such as Ohio, Florida, Kentucky, and Indiana, the firm addresses the increasing demand for upscale residential options and mixed-use developments that integrate living, leisure, and working spaces.
Notable current developments include Liberty Grand Communities and Jerome Grand, catering specifically to regions like Delaware and Union County, respectively. The revenue model of the Schottenstein Real Estate Group is structured around direct-to-consumer transactions within the real estate rental market. Clients typically enter into leasing agreements for residential units, which encompass apartment homes and townhomes equipped with modern amenities. The company’s developments, such as the flagship Liberty Grand Communities, provide a comprehensive living environment that appeals to a diverse clientele, ensuring steady occupancy and revenue generation.
While specific pricing for individual units is not disclosed, the variety of residential offerings, including 1, 2, and 3-bedroom apartments, is designed to cater to a broad spectrum of renter preferences. Transactions are facilitated directly with end-users, allowing for streamlined leasing processes in both existing and newly developed properties.
Real Estate Development & Operating Companies
Real Estate Development & Operating Companies
www.schottensteinrealestate.com
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Lapsed/Withdrawn | Albertsons Companies, Inc. | - | ||||||||
| IPO | Completed | Albertsons Companies, Inc. | - | ||||||||
| Secondary Buyout | Completed | Albertsons Companies, Inc. | - | ||||||||
| N/A | Completed | Grand at Florence | - | ||||||||
| N/A | Completed | The Brill Building | - |
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