Spaxel

About Spaxel

Spaxel is a real estate operator. Spaxel operates in Atlanta, Georgia and New York City, New York. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Multifamily - Value-Add.

Spaxel is a vertically integrated real estate company based in New York City that owns, operates, develops, and manages multi-family housing with a focus on affordable and moderate-income segments. The company has over 160 employees engaged in acquisitions, development, construction, property management, and asset management. Their total capitalization exceeds USD 600 million, and their portfolio includes about 2,800 housing units, with over 2,000 cash-flowing value-add units across nearly 40 properties in the North and Southeast U.S. and roughly 900 development units in multiple Bronx projects. Spaxel is pursuing 11 ground-up development projects and is involved in 5 institutional joint ventures across 49 properties. The company’s projects include three Bronx affordable housing communities totaling 179 units with a financing package of around USD 81.7 million, expected to complete in 2025.

Principals at Spaxel

Recent activity at Spaxel

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Spaxel's project portfolio

No projects on file for Spaxel yet.

Markets and themes

Markets Spaxel operates in

• Atlanta, Georgia
• New York City, New York

Investment themes at Spaxel

• Affordable Housing
• Multifamily - Ground-up
• Multifamily - Value-Add
• Workforce Housing

Capabilities

• Construction Management
• Mixed Use
• Public-private partnerships
• Site Development
• Transit-oriented development

Operators similar to Spaxel

• IRA Capital
  Established tierAtlanta, GeorgiaNew York City, New YorkAffordable HousingMultifamily - Ground-up+2 more themes
• Buligo Capital
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• Grubb Properties
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• Johnson Development Associates
  Established tierAtlanta, GeorgiaNew York City, New YorkMultifamily - Ground-upWorkforce Housing+1 more theme
• The Georgetown Company
  Established tierAtlanta, GeorgiaNew York City, New YorkMultifamily - Ground-upWorkforce Housing+1 more theme
• Turner Impact Capital
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• Vecino Group
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• MRP Realty
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• Fitch Irick Corporation
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• Peak Capital Partners
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Frequently asked questions about Spaxel

What does Spaxel do?

Spaxel is a vertically integrated real estate company based in New York City that owns, operates, develops, and manages multi-family housing with a focus on affordable and moderate-income segments.

What markets does Spaxel operate in?

Spaxel is active in Atlanta, Georgia and New York City, New York.

How many employees does Spaxel have?

Spaxel has 51–200 employees.