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AECOM Capital Real Estate, LLC
AECOM Capital Real Estate, the investment arm of engineering giant AECOM, develops US mixed-use and infrastructure projects.
AECOM Capital Real Estate, LLC
AECOM Capital Real Estate was formed in 2012 as a subsidiary of AECOM, the publicly traded engineering and infrastructure firm. The entity acts as a real estate investment and development platform, leveraging the parent company's technical and design capabilities. The firm focuses on value-add and opportunistic development across the US, targeting mixed-use, multifamily, and transit-oriented projects. It has invested in markets including Los Angeles, New York, and the San Francisco Bay Area. Notable projects include the mixed-use complex at 10 Hudson Yards in New York City, co-developed with Related Companies, and the expansion of LA's Wilshire Grand Center. AECOM Capital Real Estate does not disclose AUM publicly. The firm operates with a lean team, maintaining offices in Los Angeles and New York. In 2023, AECOM announced it was exploring strategic alternatives for the real estate unit, including a potential sale, as part of a broader review of non-core assets (per Bloomberg, 2023). The firm's structural differentiator is its direct pipeline to AECOM's engineering and design capabilities, giving it deep market intelligence on infrastructure and land-use trends. This link to a global construction and engineering parent provides in-house technical diligence that pure real estate funds lack.
General information
Firm type
Asset Manager
Year founded
2012
AUM
Under $1B (Altss estimate)
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
John A. McMillan
President
David J. Mount
Senior Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at AECOM Capital Real Estate?
John A. McMillan serves as President of AECOM Capital Real Estate. He has led the division since its formation in 2012 and oversees investment strategy and deal execution. David J. Mount is Senior Vice President and handles day-to-day operations (per public record).
How is AECOM Capital Real Estate related to the parent AECOM?
AECOM Capital Real Estate is a wholly owned subsidiary of AECOM, the global engineering and infrastructure firm traded on the NYSE. It was created in 2012 to develop and invest in real estate projects that align with AECOM’s core engineering and construction expertise. In 2023, AECOM initiated a review of strategic alternatives for the unit, including a potential sale (per Bloomberg, 2023).
What types of real estate does AECOM Capital target?
The firm focuses on large-scale, mixed-use developments, multifamily residential, and transit-oriented infrastructure projects. A typical investment is a value-add or ground-up development opportunity in major US urban markets. The firm has been active in Los Angeles, New York, and the San Francisco Bay Area.
Does AECOM Capital Real Estate invest through funds or direct deals?
AECOM Capital mainly executes direct development and co-investment deals. It often partners with major developers and institutional capital providers. The firm does not appear to operate traditional commingled funds; its investment structure is that of a project-level joint venture and development platform.
What is the firm's disclosed AUM?
AECOM Capital Real Estate does not publicly disclose its AUM. Based on the scale of its known projects and parent-company filings, industry observers estimate assets under management at under $1 billion. The division has not been broken out in AECOM financial reports with sufficient detail to derive a precise figure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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