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Ari Rastegar

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Ari Rastegar
File:Photo of Ari Rastegar taken in office.jpgFile:Photo_of_Ari_Rastegar_taken_in_office.jpg File:Photo_of_Ari_Rastegar_taken_in_office.jpg
Born
💼 Occupation
CEO of Rastegar Property Company

Ari Rastegar, full name Ariah-Hossein Rastegar, is a real estate investor and CEO of Rastegar Property Company in Austin.[1][2][3][4][5]

Career[edit]

Rastegar is a licensed attorney in Texas, and the founder and chief executive of Rastegar Property Company, an Austin-based private investment firm.[6][7][8][9][10][11][12][13]

He started his career with two $3000 loans, one borrowed from a friend’s father, and the other taken from scholarship money for school.[1] He invested the money in a small development of single family lake homes in Spring Branch, Texas.[14] This was the beginning of his real estate investing.[1]

After the real estate crash of 2007, he passed the Bar Exam and was licensed to practice law in May 2009.[15] He worked with Dallas attorney John Read before moving to New York.[16] Rastegar then worked on several acquisitions for Chelsea Hotels (then King and Grove Hotels)[1][17]. In 2013, he joined World Class Capital Group.[18][19][17][18]

Rastegar returned to Texas[20] and founded Rastegar Capital in 2015, a private investment firm investing in real estate.[21] He also developed an online education platform, Light Tower, to provide real estate investment education to investors.[22][19][17][16] In November 2016 the company name was changed to Rastegar Equity Partners, and then to Rastegar Property Company.[23][16][24] He invests across commercial real estate product types and the company is headquartered in Austin.[16][25][12][26][27]  Rastegar has co-invested in about 40 buildings in 12 different states. Rastegar Property Company is focused largely multifamily space in Austin.[28][29] District Attorneys’ Retirement System of Louisiana is a client of two different funds.[16][30]

In 2019, Rastegar planned to build a 26-story tower in downtown Dallas, TX. Rastegar plans to lease the entire building to short-term stay firm, Sonder Corp.[31]

Education[edit]

Rastegar attended Richland Community College for a semester, then Blinn Community College before attending Texas A&M.[1][32] He graduated from Texas A&M with a Bachelor of Arts degree, and then attended St. Mary’s University Law School. Once there, he received his Doctor of Jurisprudence/Juris Doctor (J.D.) in May 2008.[33][18][16][24]

References[edit]

  1. 1.0 1.1 1.2 1.3 1.4 Pignataro, Juliana Rose (2017-01-19). "How To Be Rich Under President Trump: For Young Investors, It's Time To Make Money". International Business Times. Retrieved 2019-08-05.
  2. "Opportunity Zones: Beyond the Hype". Wealth Management. 2019-08-15. Retrieved 2019-09-11.
  3. Rastegar, Ari. "Three Core Strategies To Actively Increase Your Rental Property's Value". Forbes. Retrieved 2019-09-11.
  4. Evans, Candace. "Ari Rastegar, The Dallas Real Estate Underdog". Forbes. Retrieved 2019-09-11.
  5. Nast, Condé. "The Biohacker Who Takes 150 Pills a Day". GQ. Retrieved 2019-09-11.
  6. Edgemon, Erin. "What to know about Ari Rastegar, the Nate Paul confidant who's on a buying spree in Austin". BizJournals. Retrieved 14 August 2019.
  7. "State Bar of Texas | Find A Lawyer  | Ariah-Hossein Rastegar". www.texasbar.com. Retrieved 2019-08-05.
  8. "The Network". edition.pagesuite-professional.co.uk. Retrieved 2019-08-05.
  9. LaPonsie, Maryalene. "4 Ways Millennials Can Invest In Real Estate". US News.
  10. Innovates, Dallas (2016-04-18). "Dallas Startup Week: 8 Things to Know About Funding Your Business » Dallas Innovates". Dallas Innovates. Retrieved 2019-08-05.
  11. Blufish (2019-07-16). "Rastegar Property buys high-profile Phoenix lot for high-rise development". AZ Big Media. Retrieved 2019-08-05.
  12. 12.0 12.1 "Rastegar Property Acquires Prominent High-rise Lot in Downtown Phoenix for Commercial and Residential Development". CEM. 2019-07-11. Retrieved 2019-08-05.
  13. "Biohacking age – Will high tech nutrition make you live forever?". www.iconicman.com. Retrieved 2019-09-11.
  14. Evans, Candace. "Ari Rastegar, The Dallas Real Estate Underdog". Forbes. Retrieved 2019-09-23.
  15. Evans, Candace. "Ari Rastegar, The Dallas Real Estate Underdog". Forbes. Retrieved 2019-10-03.
  16. 16.0 16.1 16.2 16.3 16.4 16.5 "Why Ari Rastegar Thinks an Economic Downturn Is Looming". D Magazine. Retrieved 2019-08-05.
  17. 17.0 17.1 17.2 "A Private Word With Ari Rastegar". Wall Street Journal. 2016-09-29. ISSN 0099-9660. Retrieved 2019-08-05.
  18. 18.0 18.1 18.2 Rastegar, Ari. "Ari Rastegar, Author at D Magazine". D Magazine. Retrieved 2019-08-05.
  19. 19.0 19.1 "RealInsight: 2nd annual Central Texas Multifamily Summit: Austin & San Antonio | Koss REsource". www.kossresource.com. Retrieved 2019-08-05.
  20. "Leading Off (10/16/19)". D Magazine. 2019-10-16. Retrieved 2019-11-01.
  21. Nagle, Madison. "Real Estate Tycoon Ari Rastegar On How His Healthy Lifestyle Helps Him Maintain Mogul Status". Maxim. Retrieved 2019-11-01.
  22. Evans, Candace. "Ari Rastegar, The Dallas Real Estate Underdog". Forbes. Retrieved 2019-10-18.
  23. "The Reading On REITs". www.fa-mag.com. Retrieved 2019-08-05.
  24. 24.0 24.1 "Uptown Dallas block sells for new high-rise project". Dallas News. 2019-05-20. Retrieved 2019-08-05.
  25. Sizemore, Charles (2016-08-09). "Ari Rastegar to Launch a New Income-Focused Real Estate Fund This Fall". Newsmax. Retrieved 2019-08-05.
  26. "Q&A: Investor finds value in 'recession-resilient' self-storage business - HoustonChronicle.com". www.houstonchronicle.com. 2016-02-27. Retrieved 2019-08-05.
  27. Steele, Jeffrey. "Opportunity Zones: Separating Wisdom From Folly". Forbes. Retrieved 2019-09-11.
  28. Evans, Candace. "Ari Rastegar, The Dallas Real Estate Underdog". Forbes. Retrieved 2019-10-18.
  29. "What to know about Ari Rastegar, who's on a real estate buying spree in Austin". Austin Business Journal. Unknown parameter |url-status= ignored (help)
  30. "There's One Thing that the Rich and Famous All Have in Common; It's Called Transcendental Meditation - Thrive Global". thriveglobal.com. Retrieved 2019-09-11.
  31. "Planned Uptown Dallas tower would start as short stay rentals then switch to condos". Dallas News. 2019-10-15. Retrieved 2019-10-23.
  32. Evans, Candace. "Ari Rastegar, The Dallas Real Estate Underdog". Forbes. Retrieved 2019-10-08.
  33. "State Bar of Texas | Find A Lawyer  | Ariah-Hossein Rastegar". www.texasbar.com. Retrieved 2019-08-05.


Category:Business Category:Businesspeople Category:Real estate brokers Category:Real estate Category:Investors Category:Real estate investing


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