Cypress Equities is developing the retail and restaurant components of Village at Leesburg, while KETTLER is overseeing the supporting residential and office portions. The Carlyle Group is the lead equity partner in the development.
Cypress Equities was founded in 1995 and is headquartered in Dallas. Through its five development offices in Dallas, San Francisco, New York, Fort Lauderdale and Atlanta, Cypress currently is developing and managing over $2 billion in projects throughout the U.S. and the Caribbean. Cypress is under construction on developments across the country consisting of community and power centers as well as vertically integrated mixed-use villages incorporating retail, residential, hotel and office.
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Founded by Robert C. Kettler in 1977, KETTLER is among the largest private real estate and property management companies based in the DC metro area and one of the nation's top multifamily developers. The firm's diverse business model has led to the delivery of five million square feet of commercial space and over 50,000 homes in its master-planned communities. KETTLER's rental portfolio includes high-end, market rate, affordable and fee managed assets. Currently, KETTLER is developing commercial, resort and transit-oriented mixed-use projects.
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The Carlyle Group is a global private equity firm with $91.5 billion of assets under management committed to 66 funds as of September 30, 2008. Carlyle invests in buyouts, growth capital, real estate and leveraged finance in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, health care, industrial, infrastructure, technology & business services and telecommunications & media. Since 1987, the firm has invested $52.7 billion of equity in 866 transactions for a total purchase price of approximately $225.8 billion. The Carlyle Group employs more than 1,000 people in 21 countries. In the aggregate, Carlyle portfolio companies have more than $109 billion in revenue and employ more than 415,000 people around the world.
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