As an owner, operator, and developer, Northland is thriving with $8 billion in assets under management, over 26,000 apartments, and a $3 billion development pipeline. Under CEO Matthew Gottesdiener’s leadership, the firm completed 11 acquisitions, seven dispositions, and 17 refinances just last year. “Northland experienced meaningful, tremendous growth in 2022,” he shares.
The successful year of growth also included the firm’s entrance into California with the half-billion-dollar acquisition of THEA at Metropolis in Los Angeles—marking one of the largest single-asset market-rate multifamily acquisitions in U.S. history. The 59-story, 685-unit tower is Northland’s sixth high-rise in its portfolio.