Business Details
9 Years
experience
Expert Real Estate Investment Solutions in Durham, NC
Rivermont Capital is a real estate investment management firm dedicated to revitalizing underperforming downtowns through strategic redevelopment and sustainable practices. Founded in 2017 by Michael Lemanskis and Andrew Holton, our mission is to transform distressed urban areas into thriving economic hubs by acquiring key assets, fostering partnerships, and creating dynamic mixed-use environments. With decades of combined experience in real estate development, public-private collaboration, and economic revitalization, we specialize in smaller markets overlooked by institutional investors. Our approach combines data-driven decision-making with a commitment to community growth, leveraging low-cost assets and tax incentives to deliver value for investors while restoring vibrancy to neglected downtowns.We prioritize long-term relationships with local stakeholders, ensuring our projects align with public interests and foster sustainable economic development. Our teams expertise spans property acquisition, redevelopment, and asset management, with a proven track record of transforming over 40 distressed properties across the Southeast. By focusing on communities with strong local leadership and co-investment potential, we create environments that attract employers, residents, and engaged citizens. Our work extends beyond real estatewe aim to rebuild the social and economic fabric of the areas we invest in, honoring our names legacy of restoration and community health.
Services
Real Estate Investment
Downtown Revitalization
Property Redevelopment
Sustainable Development
Strategic Partnerships
Details
- Year established: 2017
Highlights and features
- We have over 15 years of experience redeveloping distressed downtowns.
- Our team combines real estate expertise with public-private partnership strategies.
- We focus on underserved markets with high growth potential.
- Our data-driven approach ensures sustainable and profitable investments.
- We prioritize long-term community impact alongside financial returns.
Services
Real Estate Investment
We acquire low-cost, distressed properties in underperforming downtowns, leveraging tax credits and public-private partnerships to maximize returns. Our focus on smaller markets allows us to identify undervalued assets with high growth potential. By prioritizing data-driven decisions, we ensure sustainable financial outcomes for investors.
Downtown Revitalization
Our team transforms neglected downtowns into vibrant economic hubs by redeveloping historic structures and creating mixed-use spaces. We collaborate with local governments and stakeholders to attract employers, residents, and investors. This approach restores community vitality while ensuring long-term economic sustainability.
Property Redevelopment
We specialize in repositioning distressed properties, including residential, office, retail, and hospitality assets. Our projects focus on adaptive reuse and modernization to meet evolving market needs. By integrating sustainable practices, we enhance property value and community impact.
Sustainable Development
Our sustainability efforts include recycling neighborhoods, reducing environmental footprints, and promoting walkable lifestyles. We align projects with eco-friendly standards to support long-term ecological and economic health. This commitment ensures our investments benefit both communities and the environment.
Strategic Partnerships
We build lasting relationships with local governments, investors, and community leaders to drive successful redevelopment. By identifying co-investment opportunities and aligning public and private interests, we create tailored solutions that maximize project success and community engagement.
People
Michael Lemanskis
CEO & Chief Investment Officer
Michael founded Rivermont after pioneering downtown Durham's revitalization. He has redeveloped over 40 distressed properties worth $350M, blending real estate expertise with public service. His work spans residential, office, and retail projects, emphasizing sustainable urban growth.
Andrew Holton
Managing Principal
Andrew co-founded Rivermont with expertise in economic development and public policy. He previously served as the N.C. State Treasurer's lead attorney, advising on finance and legal issues. His focus on community partnerships drives strategic investments in underserved markets.
Questions
What areas does Rivermont Capital focus on?
We specialize in underperforming downtowns in smaller towns and medium-sized cities across the U.S., prioritizing areas with strong local leadership and co-investment potential.
How does Rivermont approach sustainability?
We integrate eco-friendly practices by redeveloping historic structures, reducing environmental impact, and promoting walkable communities to support long-term ecological and economic health.
What types of properties do you invest in?
We focus on distressed residential, office, retail, and hospitality properties, prioritizing adaptive reuse and modernization to meet market demands.
How do you collaborate with local communities?
We build partnerships with governments, investors, and residents to align projects with public interests, ensuring investments foster community engagement and economic growth.
What is Rivermont's investment strategy?
We acquire low-cost assets in bulk, use data-driven analysis, and leverage tax incentives to create profitable, sustainable projects that revitalize downtowns.
