L3 Capital
Chicago, IL 11–50 employees 13 principals
Last updated
About L3 Capital
L3 Capital is a real estate operator headquartered in Chicago, IL. L3 Capital operates in Boston, Massachusetts, Chicago, Illinois and Los Angeles, California (LA). Its investment focus is on Multifamily - Core, Multifamily - Value-Add and Standalone Retail.
L3 Capital is a Chicago, Illinois-based private equity real estate investment firm headquartered at 550 West Adams Street. Founded in 2009 by Co-Founders and Principals Domenic Lanni and Timothy Phair, the firm operates with 17 years of industry experience. The organization maintains an internal workforce of 18 to 24 real estate, acquisition, asset management, and development professionals. The enterprise functions as a vertically integrated investment platform executing value-add acquisitions, repositioning, asset management, ground-up redevelopment, and commercial leasing. Its portfolio targets primary urban retail storefronts, mixed-use buildings, and street-level commercial real estate assets. The organization focuses its investment footprint across 15 target submarkets in 8 major U.S. metropolitan areas, including Boston, Brooklyn, Chicago, Los Angeles, Manhattan, Miami, San Francisco, and Washington, D.C. Managing a gross investment value of $1.0 billion across 47 properties and 94 storefronts, key portfolio developments include 149 Newbury Street in Boston (a 43,500-square-foot mixed-use project) and Market Square in Lake Forest (a $35.5 million historic retail acquisition).
Principals at L3 Capital
Principal details are a Pro feature
13 principals on file
Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.
Recent activity at L3 Capital
2 recent signals from the real estate trade press · latest
Sign up to see 2 signals for L3 Capital
Fund closes, leadership changes, partnerships, and new development — captured from the real estate trade press the day they happen.
L3 Capital's project portfolio
7 projects on file · Retail (4), Mixed-Use (3)
Sign up to see L3 Capital's 7 projects on a map
Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets L3 Capital operates in
- Boston, Massachusetts
- Chicago, Illinois
- Los Angeles, California (LA)
- Miami - Ft. Lauderdale - West Palm Beach - South Florida
- New York City, New York
- San Francisco - Oakland Bay Area, California
- Washington DC
Investment themes at L3 Capital
Capabilities
- Asset Management
- Brokerage
- Economic Development
- High-Rise
- Private Equity
- Site Development
- Urban infill
Operators similar to L3 Capital
- AscentrisEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaBoston, Massachusetts+4 more marketsMultifamily - CoreStandalone Retail+2 more themes
- The Sports Facilities CompaniesEstablished tierChicago, IllinoisNew York City, New York+5 more marketsStandalone Retail
- Asana PartnersEstablished tierSan Francisco - Oakland Bay Area, CaliforniaMiami - Ft. Lauderdale - West Palm Beach - South Florida+5 more marketsStandalone Retail
- Republic Family of CompaniesEstablished tierSan Francisco - Oakland Bay Area, CaliforniaMiami - Ft. Lauderdale - West Palm Beach - South Florida+2 more marketsMultifamily - CoreStandalone Retail+2 more themes
- WitkoffEstablished tierSan Francisco - Oakland Bay Area, CaliforniaMiami - Ft. Lauderdale - West Palm Beach - South Florida+4 more marketsUrban OfficeMultifamily - Value-Add
- IRA CapitalEstablished tierChicago, IllinoisNew York City, New York+2 more marketsStandalone RetailUrban Office+1 more theme
- Bridgeton HoldingsEstablished tierSan Francisco - Oakland Bay Area, CaliforniaBoston, Massachusetts+2 more marketsStandalone RetailUrban Office+1 more theme
- AWH Partners, LLC Established tierSan Francisco - Oakland Bay Area, CaliforniaMiami - Ft. Lauderdale - West Palm Beach - South Florida+5 more markets
- Johnson Development AssociatesEstablished tierSan Francisco - Oakland Bay Area, CaliforniaMiami - Ft. Lauderdale - West Palm Beach - South Florida+3 more marketsMultifamily - Value-Add
- The Georgetown CompanyEstablished tierNew York City, New YorkLos Angeles, California (LA)+1 more marketStandalone RetailUrban Office+1 more theme
Frequently asked questions about L3 Capital
- What does L3 Capital do?
- L3 Capital is a Chicago, Illinois-based private equity real estate investment firm headquartered at 550 West Adams Street.
- Where is L3 Capital based?
- L3 Capital is headquartered in Chicago, IL.
- What markets does L3 Capital operate in?
- L3 Capital is active in Boston, Massachusetts, Chicago, Illinois, Los Angeles, California (LA), Miami - Ft. Lauderdale - West Palm Beach - South Florida, New York City, New York, and San Francisco - Oakland Bay Area, California.
- How many employees does L3 Capital have?
- L3 Capital has 11–50 employees.