U.S. residential real estate specialist invests on behalf of German investors in the United States

The New York–based real estate manager CP Capital US, which specializes in multifamily housing investments, is developing a new project in Altamonte Springs, north of Orlando, Florida, together with Catalyst Development Partners. The community will include 332 residential units. Construction is scheduled to begin in fall 2025, with the first apartments and common areas expected to be completed in early 2027.

CP Capital US was founded in New York in 1989 by German family offices and has since invested USD 16 billion in approximately 70,000 residential units. The founding partner, the Harald Quandt family office, remains involved. The company continues to focus on channeling German capital into large-scale multifamily housing developments in the U.S.

The four-story residential community will feature studios as well as one- to three-bedroom apartments with an average size of 88 square meters. High-quality finishes are planned. Amenities will include spacious common and outdoor areas such as a pool, a modern fitness center, a playground, as well as grilling and seating areas. The clubhouse will provide workspaces with micro-offices, a communal kitchen, and additional lounge areas.

“Orlando is one of the most dynamic markets in the southeastern U.S. The region benefits from a diversified economy, which includes technology and fintech companies, a growing defense sector, and the world-famous theme parks,” explains Jay Remillard, Co-Head of CP Capital US. “We are pleased to continue our successful partnership with Catalyst. Together, we are creating much-needed housing and long-term value for our investors.”

The project’s location offers excellent access to major employment and retail centers via nearby Interstate 4. The immediate area includes the Advent Health hospital with approximately 3,000 employees, Cranes Roost Park, and the Altamonte Mall shopping center, which attracts over 9.5 million visitors annually. The Altamonte SunRail station is also directly adjacent.

“We welcome the renewed collaboration with CP Capital,” says Rob Meyer, Principal at Catalyst Development Partners. “This project demonstrates that quality prevails even in a challenging market environment. A strong location, thoughtful planning, and the support of the City of Altamonte Springs have laid the foundation for the successful realization of this development.”

The Altamonte Springs project is already the second collaboration between CP Capital and Catalyst Development Partners in the Orlando region. Previously, the two partners successfully completed “The Blake” project in Winter Springs. Catalyst Development Partners is a renowned real estate company with extensive experience in the multifamily housing sector throughout the southeastern United States.

Background Information on CP Capital

CP Capital US is a real estate investment manager specializing in multifamily housing in the U.S. and has been among the pioneers in this sector since launching its first professional funds in 1994.

Founded in 1989, the company has invested approximately USD 16 billion on behalf of institutional investors, family offices, and ultra-high-net-worth individuals since its inception, across about 70,000 residential units and approximately 2 million square meters of commercial space.

CP Capital US is majority-owned by Concord Pacific of Vancouver, one of Canada’s largest real estate developers, as well as HB from Seattle/USA, a multi-family office specializing in real estate asset management and administration. The founding partner also continues to include the Harald Quandt family office.

CP Capital US’s in-house capabilities also include asset and construction management, capital markets, legal, reporting, and tax structuring. Through continuous market participation over the last three decades, the company has built extensive relationships across the real estate industry.

The primary investment strategy of CP Capital US focuses on opportunistic and value-add investments in multifamily housing with first-class joint venture partners in growth markets across the U.S., which has led to a strong track record of 235 realized real estate investments since its founding (as of June 30, 2025).
More information is available at: www.cpcapitalus.com

Background Information on Catalyst Development Partners

Catalyst Development Partners is a leading real estate development company focused on multifamily projects in the southeastern United States. Collectively, the managing directors bring more than 90 years of experience in successfully delivering high-quality and reliable projects in this market segment. The Catalyst team combines deep market knowledge with innovative design, proven best practices, and the highest standards of integrity in executing new projects.

To date, the company has developed or acquired nearly 9,000 residential units in several U.S. states, of which more than 5,000 units are new construction projects. The total investment volume amounts to around USD 1.5 billion.
More information is available at: www.catalystdp.com