About Casoro

In the Fall of 2006,

Casoro Group (then The PPA Group) moved its offices from Seattle, Washington to the beautiful Hill Country that is Austin, Texas. Despite the changes in the financial markets, the company managed to grow its portfolio of clients. Casoro Group ranked 11th in INC. Magazine’s annual ranking of the Fastest Growing Real Estate Companies in the country in 2010, climbing up from 47th place in 2009.

Company Bio

We are an award-winning multifamily-focused real estate investment firm that specializes in providing better homes for better lives throughout the United States sunbelt region. We look for multifamily, student housing, and senior housing investments for our family office, high-net worth, and institutional clients. We focus on creating homes instead of just running apartments. We believe in building leaders so we invest in continuous leadership training for all team members, not just industry education and training.

Every department in our company understands the life-cycle of an investment and our experiences range from owning and managing class A to D properties, new developments, repurchases, repositioning, and affordable housing.

Casoro Group is a vertically-integrated real estate investment firm. As the parent company of a property management firm and multifamily REIT, Casoro is in a position to create opportunities for investors to enjoy all the benefits of multifamily real estate ownership. Casoro’s family of companies includes:

CLEAR Property Management: offering property owners a full range of property management services, including value-add expertise, due diligence, management plans, and construction oversight.

Performance Utility Management and Billing: the multifamily go-to provider for energy procurement services (free), utility management, billing, water conservation and submetering products.

Ingenium Construction: the approachable and dependable general contractor specializing in multifamily, retail, and office renovations.

Upside Avenue: non-traded multifamily REIT that provides the same access to high-quality multifamily investments previously only available to the ultra-wealthy for a minimum investment of $2,000.

The firm has acquired over $1 billion in properties over 15 years.

Our History

2002

The PPA Group launches.

2008

CLEAR Property Management launches, allowing improved performance and oversight of the multifamily communities.

2009

The PPA Group places 47th on Inc. Magazine’s Fastest Growing Real Estate Companies list.

2010

The PPA Group places 11th on Inc. Magazine’s Fastest Growing Real Estate Companies list.

2011

Ingenium Construction launches, streamlining renovations and decreasing costs.

2012

San Antonio Business Journal honors Sunset Canyon Apartments with the Apartment Association Property of the Year Award.

2013

Performance Utility Management and Billing launches, increasing cost savings and water conservation in communities and opening new revenue streams.

2015

Casoro Capital launches as a single-family office and real estate investment firm, increasing access to institutional funding, properties, and partnerships.

2017

San Antonio Business Journal honors Aviator at Brooks with the Best New Multifamily Development Award.

2018

Casoro Capital launches Upside Avenue, a multifamily REIT, allowing everyone access to income-generating real estate.

2018

Upside Avenue is named 2018 Real Estate Tech Award Winner by CRETech.

2019

The PPA Group merges with Casoro Capital to form Casoro Group.

2019

Casoro Group's Marketing Team is recognized as a Commercial Real Estate Industry Influencer in Marketing by GlobeSt.

2020

Casoro Group CEO wins Best Bosses in CRE recognition.

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Leadership

Monte K. Lee-Wen

Founder and Chairman

Yuen Yung

Chief Executive Officer, CMFP®, CFP®

Nalie Lee-Wen

Chief Financial Officer

Chirag Hathiramani

Chief Investment Officer

Jon Mendoza

Vice President of Acquisitions

Jake Heffelfinger

Jake Heffelfinger

Vice President of Asset Management

Winston McBurnett

Asset Manager

Matt Moore

Matt Moore

Asset Manager

Jessica Lee-Wen

Director of Marketing

Milestones & Awards

Other Recognition

2019
  • GlobeSt.com Top Influencer in Commercial Real Estate Marketing Award – Casoro Group Marketing Team
2018
  • Satisfacts National Property Award for Resident Satisfaction – 5Fifty Apartments
  • Real Estate Tech Award – Upside Avenue
  • San Antonio Business Journal Book of Lists – Largest Multifamily Companies in San Antonio
  • San Antonio Business Journal Fast Track Awards – 50 Fastest-Growing Private Companies
2017
  • Satisfacts National Property Award for Resident Satisfaction – Sunset Canyon Apartments
  • Satisfacts National Property Award for Resident Satisfaction – The Lookout at Comanche Hill
  • Satisfacts National Property Award for Resident Satisfaction – Aviator at Brooks
  • San Antonio Business Journal Book of Lists – Largest Multifamily Companies in San Antonio
  • San Antonio Business Journal Best New Multifamily Development Award – Aviator at Brooks
2016
  • San Antonio Business Journal Book of Lists – Largest Multifamily Companies in San Antonio
2015
  • San Antonio Business Journal Book of Lists – Largest Multifamily Companies in San Antonio
2014
  • San Antonio Business Journal Book of Lists – Largest Multifamily Companies in San Antonio
2013
  • San Antonio Business Journal Book of Lists – Largest Multifamily Companies in San Antonio
2012
  • San Antonio Apartment Association Property of the Year Award – Sunset Canyon Apartments
2011
  • INC. Magazine Fastest Growing Real Estate Companies, 11th place – The PPA Group
2010
  • INC. Magazine Fastest Growing Real Estate Companies, 47th place – The PPA Group

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