Who we are
In the past 40 years, LCA has successfully developed and invested in over $ 1 billion dollars of real estate through- out the southeastern United States.
As a family owned and operated real estate investor, LCA develops both single-family and multi-family residential projects as well as shopping centers, single tenant build to suit, ground leases and in-line retail stores.
Value-added opportunities are of interest as well.
Additionally, LCA and it partners completed an assemblage, development, construction, financing and disposition of one the largest private student housing communities in the country at the University of Central Florida.
LCA combines experience, avid research and market fore-sight coupled with institutional partnerships and strong banking and brokerage relationships. This enables LCA to cultivate an investment until it matures into a maximum yielding asset.
LCA received national recognition for their development of the first LEED certified student housing complex in the U.S.
LCA, along with family member holdings, assembled approximately 47 properties on 10.5 acres adjacent to the University of Central Florida in Orlando over a 6 year period. LCA successfully entitled the land to develop and construct one of the largest private student-housing development in the country. This project was also the first LEED certified project in Orange County.
Experience that Matters
The LCA team has planning and design experience for projects ranging from pad sites to master-planned communities. Our team works with the nation’s top retailers and offers comprehensive knowledge of free-standing and in-line restaurants, as well as tenant finishes and prototype designs. In addition, we have developed over 5,000 apartment units in the Central Florida area and over 500,000 square feet of retail space.
Our team also has extensive development experience in the Colorado, as well as across the nation. This familiarity with the Colorado market provides you with timely and accurate information regarding state and municipal requirements, which helps keep your project on schedule and within budget.
Acquisition, Investment, Development Criteria
Typically looking to invest capital in Land located in the path of future growth, value add opportunities in both anchored retail and class B and C apartments. For development opportunities LCA is focusing on pioneering multifamily sites in secondary markets. The more difficult the deal the better.
Primary focus of investments along the I-4 and 1-95 corridor from Tampa to Jacksonville. Targeted submarkets include western Central Florida (Clermont, Mineola, Four Corners), East Orlando, Northern I-4 corridor (Debary, Deland, Orange City, Port Orange), North Hillsboro and Pasco Counties as well as Flagler and St. Johns Counties.
Investments generally range from $3 Million to $25million with an ability to buy and develop on an all cash basis. LCA will also consider acquiring distressed financing and taking the underlying debt through the foreclosure process to ownership.
The firm’s key banking partnerships are with Wells Fargo and American Momentum Bank.