Established in 2009 and headquartered in New York, Castellan Real Estate Partners invests in residential and retail properties and has invested in more than 1.5 million square feet of property domestically and internationally. Castellan Real Estate also supports the Robin Hood Foundation and contributes to its poverty-fighting programs. The organization’s initiatives include team participation in the annual TCS New York City Marathon.
The TCS New York City Marathon has become the world’s largest and most popular marathon since its creation 45 years ago, with more than 51,000 runners finishing in 2016. The course traverses through the city’s five boroughs, which include Brooklyn, Queens, Staten Island, the Bronx, and Central Park. Runners are given three options for signing up: individual registration, international travel partners, or running with a charity. In addition, individuals with a physical disability may apply for entry as an Athlete with Disability.
Team Robin Hood participants gain guaranteed entry into the race and a series of additional benefits that include guidance from a professional running coach, personalized virtual training, and invitations to the Team Robin Hood Launch Party and Pasta Party. Team members may also create their own customized fundraising page and join others members in weekly team runs. On race day, team members will receive an exclusive Team Robin Hood race shirt and other swag items.
Participation in Team Robin Hood requires team members to pledge a $5,000 donation goal, which they must fulfill through fundraising or personal donation. Although donations are tax deductible, deductibles must be submitted by November 19, 2017, and require the use of a valid credit card. Furthermore, team members must make up any remaining balance that they cannot collect through fundraising.
The 2017 TCS New York City Marathon will take place November 5, 2017.
Vertically integrated real estate firm Castellan Real Estate Partners invests in more than 1.5 million square feet of domestic and international retail, residential, and office space with assistance from its affiliates. Beyond its everyday operations from its New York headquarters, Castellan Real Estate Partners donates to poverty-fighting programs administered by the Robin Hood Foundation. Programs this organization offers include Fund For Early Learning (FUEL).
FUEL addresses the somber statistic that conditions of extreme poverty put children at a disadvantage for a successful future, particularly children in the early stages of development. Extreme poverty puts children at risk of falling behind their peers, and gaps in abilities may appear as early as 18 months. In order to increase opportunities for impoverished children, FUEL consults with over 80 leaders in various fields and utilizes a three-part investment approach.
The investment approach focuses on three areas: creating community partnerships, promoting innovation, and strengthening existing programs. Focus on these areas enables FUEL to establish a strategic foundation for effective programming that suits the needs of both children and parents.
Staffed by a team of dedicated and skilled professionals who possess a deep understanding of the market, Castellan Real Estate Partners has invested in $750 million worth of debt and equity transactions since 2009. Castellan Real Estate Partners understands the importance of investing in its own properties, as reflected in its decision to partner with Harlem Community Development Corporation to install solar panels on the roof of a portfolio property on West 141st Street.
Installing solar panels on a residential building has a number of benefits, perhaps the most obvious of which is the savings on electricity bills. Depending on the energy needs of the building and the number of panels installed, electricity bills could be altogether eliminated, or at least significantly lowered. Outside of the energy savings, solar panels can significantly increase the value of a property. Lowered or nonexistent energy bills are a major selling point when the property goes on the market.
Individuals should also think about the environmental benefits of installing solar panels. Electricity use generates a great deal of carbon dioxide, and solar energy is much cleaner. In addition, the installation of solar panels reduces reliance on foreign and/or nonrenewable sources of energy.
From its headquarters in New York City, New York, Castellan Real Estate Partners oversees an extensive property portfolio and has invested in approximately $750 million of debt and equity real estate transactions since its founding in 2009. Castellan Real Estate Partners operates multiple internal platforms covering equity investments, lending, and property construction, development, and management. Employing a team of 20 construction and investment professionals, bolstered by support from an additional 60 team members, the firm leverages this extensive experience and expertise to maintain its disciplined approach to property investment and oversight.
Further, the firm has committed to installing energy efficient measures across its portfolio and has worked with organizations including the Northern Manhattan Improvement Corporation, and the Community Environmental Center in Brooklyn to make improvements to its properties. In doing so, it meets its dual aim of achieving improving property performance, while ensuring tenants receive high standards of service in relation to property management and maintenance.