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Ari Rastegar

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Ari Rastegar
Born
Ariah-Hossein Rastegar

1982 (age 41–42)[1]
OccupationCEO of Rastegar Property Company
WebsiteAri Rastegar on Instagram

Ari Rastegar is an American real estate investor and CEO of Rastegar Property Company in Austin, Texas.

Early life and education

Rastegar was born in Austin[2] in 1982 to an Iranian father and German mother.[1] He grew up in Dallas, Texas.[2] He received an undergraduate degree from Texas A&M University[3] and then attended law school at St. Mary’s University.[4]

Career

In 2006, while attending law school, Rastegar began investing in real estate.[4] After graduation, he began working for John Read, an attorney in Dallas.[3] In 2010 he met New York investor Anthony Orso, who moved Rastegar to New York and funded his event hosting venture, Capital A Entertainment.[3] He began investing in properties in the Austin area in 2012.[1]

Rastegar returned to Texas in 2015 and founded Rastegar Capital,[3] a private real estate investment firm headquartered in Austin. He is also the company's CEO.[4] (Rastegar Capital rebranded as Rastegar Equity Partners in 2018,[3] and later as Rastegar Property Company.[4]) By January 2017, Rastegar's firm had $500 million in assets under management.[3] As part of his work with the company, Rastegar led planning to construct the world's tallest living wall, announced in April 2020 as part of a development at 1899 McKinney in Dallas.[5][2] He invests across commercial real estate product types.[3]

Rastegar authored the book The Gift of Failure, published in July 2022.[1]

Personal life

Rastegar is married to Kellie Rastegar, who is also co-founder[6] and creative director of Rastegar Property Company.[7] He has three children.[1] He identifies as a biohacker.[8] He takes roughly 150 vitamins and supplements each day,[1] sleeps on a temperature-regulated bed,[9] and routinely uses hyperbaric chambers and infrared light beds with the goal of maximizing his productivity.[10]

References

  1. ^ a b c d e f Gallaga, Omar (30 June 2022). "Developer Ari Rastegar is Now the King of Austin Real Estate". Austin Monthly Magazine. Retrieved 12 July 2022.
  2. ^ a b c Vanderschoot, Kelsey (15 April 2020). "Dallas Will Soon Become Home to North America's Largest Living Wall". D Magazine. Retrieved 22 January 2022.
  3. ^ a b c d e f g Perez, Christine. "Why Ari Rastegar Thinks an Economic Downturn Is Looming". D Magazine. Retrieved 5 August 2019.
  4. ^ a b c d Coen, Andrew (15 February 2021). "Ari Rastegar Talks Sun Belt Growth and Vintage Multifamily Potential". Commercial Observer. Retrieved 22 January 2022.
  5. ^ Weekes, Sue (15 April 2020). "Plans for North America's tallest living wall aim to improve local air quality in Dallas". Smart Cities World. Retrieved 22 January 2022.
  6. ^ "Kellie Rastegar gives back to Austin community". The Asian Age. 25 January 2020. Retrieved 22 January 2022.
  7. ^ Brown, Lisa (24 March 2020). "Rastegar: Multifamily, Self Storage Well Positioned for Current Market Turmoil". GlobeSt. Retrieved 10 February 2022.
  8. ^ Shultz, Alex (27 August 2019). "The Biohacker Who Takes 150 Pills a Day". GQ. Retrieved 22 January 2022.
  9. ^ Miles, J.D. (11 November 2019). "Texan Spending Fortune, Hours A Day Trying To Live To At Least 120 Years Old: 'I Am My Asset'". CBS 11. Retrieved 22 January 2022.
  10. ^ Hollern, Madeline (20 December 2019). "This Austin Man Takes Up to 150 Vitamins a Day". Austin Monthly Magazine. Retrieved 22 January 2022.