L3 Capital

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