About Spaxel
Spaxel owns, operates and develops distinctive real estate projects with a focus on value-add and new construction affordable and moderate income housing. Spaxel leverages best-in-class, bleeding-edge technology and innovative operating models to execute faster, smarter and more efficiently than traditional operators.
Spaxel currently employs over 160 employees across our in-house acquisitions, development, construction and property management businesses.
160
$600M+
2,800
EMPLOYEES
CAPITALIZATION
UNITS
11
5
49
GROUND-UP DEVELOPMENT PROJECTS
INSTITUTIONAL JOINT-VENTURES
PROPERTIES
160
EMPLOYEES
$600M+
CAPITALIZATION
2,800
UNITS
11
GROUND-UP DEVELOPMENT PROJECTS
5
INSTITUTIONAL JOINT-VENTURES
49
PROPERTIES
Portfolio
Spaxel’s owns more than 2,000 cash flowing value-add units across nearly 40 unique properties in the North and Southeast, and ~900 development units across 12 distinct projects in our Bronx development program. The total capitalization of these projects exceeds $600M.