Patrick Cantlay’s next drive? Multifamily real estate; PGA Tour vet joins LRE Management as advisory board member

Patrick Cantlay is one of the best in his field — professional golf — but he’s decided to take a swing at commercial real estate, too.

The PGA Tour star is teaming with LRE Management as a general partner on its first opportunity fund, The Real Deal exclusively reports. Cantlay will also be part of the real estate investment manager’s first advisory board, which will see some of the company’s top investors meet with the executive team and give their two cents on the business.

The fund’s first investments were a trio of multifamily buildings in Atlanta. LRE spent $102 million on the three properties, which comprise 778 units. Many of the firm’s investments are in the Sun Belt region, though LRE’s Eric Londa describes the firm as “geographically agnostic.”

LRE Management
Patrick O’Rourke | Principal, Acquisitions

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