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.