Vesper Holdings

About Vesper Holdings

Vesper Holdings is a real estate operator headquartered in New York, NY.

Vesper Holdings is a privately held real estate investment firm founded in 2007 by Elliot J. Tamir and Isaac J. Sitt. It manages a multibillion‑dollar multifamily portfolio, with a primary focus on student housing across the United States. The firm operates in more than 21 states and over 45 markets, with assets under management exceeding $3 billion and more than 30,000 beds under management. The company’s property management arm, CLS Living, oversees over 10,300 units across 45 markets, also managing more than 30,000 beds and employing over 1,000 staff. Vesper’s operational scope extends beyond student housing to include retail, parking, and office real estate, though student housing remains the core specialization. This structure allows them to leverage vertical integration covering acquisition, construction, operations, and management—to move quickly on investment opportunities.

Principals at Vesper Holdings

Markets and themes