NY-Based Castle Lanterra Makes Two Texas Hires
New York-based Castle Lanterra Properties (CLP) has added two Texans to its acquisitions and asset management teams. Dylan Ederer, who has been named VP of acquisitions and Sherry Daughtery as asset manager, will be based in Austin and Dallas, respectively.
The new hires follow the firm’s $129-million acquisition of the residential portion of The Triangle, a Class A, 529-unit rental community with retail and office components at 4600 W. Guadalupe St. in downtown Austin.
Ederer will be responsible for identifying, evaluating, and structuring asset and portfolio investments. Prior to joining CLP, he served as VP of acquisitions for Elite Street Capital in Houston.
Daughtery brings more than 25 years of commercial real estate experience with a focus in managing multifamily asset portfolios, conducting acquisition due diligence, negotiating and reviewing organization and loan documents, completing investor reporting, and closing real estate transactions.
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