Castellan Real Estate Partners

CRP Affordable Housing: A Subsidiary of Castellan Real Estate Partners

About us

  • Founded by John and Paul Salib during the depths of the financial crisis of 2008/2009.

  • A full-service, vertically integrated real estate investment firm covering equity investments, bridge lending, property/asset management, construction and development.

  • Principals have extensive experience sourcing and executing real estate transactions.

  • Since 2009, Castellan has been invested in debt and equity real estate transactions totaling more than $4.0 billion in market value.

  • As of December 2024, Castellan has acquired 105 properties in New York, New Jersey, Pennsylvania, and California. Castellan has owned, operated, developed, and managed 2,419 units, including affordable, rent-restricted, and rent-controlled units, comprising approximately 2.4 million square feet.

  • This includes providing housing to at-risk, special needs, senior and other vulnerable populations.

  • Other project partners with non-profits who offer creative solutions and services to address the problem from both social and economic points of view.

  • On-site social and supportive services are offered to our residents free of charge to create a bridge to self-sufficiency.

  • With a team of highly skilled professionals, Castellan strives to combine a unique vision with deep market knowledge and a keen ability to execute any multifamily rehabilitation or new construction project, including Section 42 low-income housing tax credit transactions.