CEDARst Companies

https://www.cedarst.com

CEDARst Companies is an integrated real estate developer and operator headquartered in Chicago, Illinois, with additional regional offices in San Diego and Miami. The firm's core business revolves around the development, acquisition, and management of multifamily housing, with a mission to deliver design-driven, experiential communities that enhance local environments. Utilizing a vertically integrated approach, CEDARst oversees projects from sourcing and acquisition to construction, management, and hospitality services.

The company's services encompass development, construction through its in-house Method Construction arm, and property management under the FLATS® brand, which emphasizes luxury amenities and refined apartments at accessible price points. CEDARst focuses on urban and infill markets across eight U.S. states, including major metropolitan areas like Chicago, San Diego, Portland, Minneapolis, Cleveland, Las Vegas, and South Florida. Its portfolio includes over 10,000 residential units developed, acquired, or under construction, representing a total asset value exceeding $4 billion.

Co-founded by Alex Samoylovich, Will Murphy, and Mark Heffron, CEDARst Companies is recognized for its disciplined underwriting, design-led development, and operational execution. Alex Samoylovich also founded Livly, Inc., a property technology company, and Proper., a national residential property management platform, which complement CEDARst's integrated approach. Recent activities include expanding its Chicago portfolio with a $66 million West Loop multifamily project, breaking ground on an $82 million community in Las Vegas, and securing a $68.5 million construction loan for a Fort Lauderdale project. The company also acquired a 47-story residential tower in Chicago in partnership with Kayne Anderson Real Estate.

Latest updates

CID: 1351