Asset Manager

Updated:

SageWater

SageWater is the nation’s leading provider of plumbing and mechanical infrastructure solutions for condominium and apartment communities. They rehabilitate...

SageWater

SageWater is the nation’s leading provider of plumbing and mechanical infrastructure solutions for condominium and apartment communities. They rehabilitate critical systems to preserve the vitality of multifamily buildings while residents remain in their homes. Their engineering and construction professionals solve age-related and defective system problems through forensic and empirical diagnosis, solution-based design, and turnkey construction services.

General information

Firm type

Asset Manager

Year founded

1988

Location

Region

North America

Country

United States

City

Beverly Hills

Corporate office

Alexandria, VA, United States

Additional offices

Honolulu, HI

Principals

Peter M. Page, Jr.

Not specified

David Schanuel

Not specified

Eric Lecky

Not specified

Sector focus

Real EstateInfrastructurePrivate Credit

Frequently asked questions

Who runs investment decisions at SageWater?

SageWater does not structure itself as an investment manager allocating third-party capital; it is an operating company that serves multifamily real estate owners. Leadership is anchored by Peter M. Page Jr., with a management team listed on the firm's website. Specific investment-committee or deployment-authority roles are not publicly disclosed.

How does SageWater source its project pipeline?

SageWater's pipeline comes from direct relationships with condominium and co-op boards, multifamily apartment owners, and property managers who are confronting aged or defective mechanical systems. The firm also generates leads through CAI chapter affiliations and educational content aimed at helping community associations plan for infrastructure capital expenditures.

What investment stages or property types does SageWater target?

The firm works across the full lifecycle of a building's infrastructure — from forensic diagnosis and capital planning through design and turnkey replacement. Its work concentrates on mid-rise and high-rise multifamily properties, including condominiums, cooperatives, and rental apartments, across garden-style, luxury, and affordable housing stock.

Which sectors or geographies does SageWater avoid?

SageWater's scope excludes new ground-up construction. The firm focuses on rehabilitation inside existing, occupied buildings. Geographically, the firm states it operates across the lower 48 and Hawaii, with no public indication of international projects.

Where does the underlying capital come from?

SageWater is a private operating company. The source of its corporate capital and the identity of any external equity partners are not publicly disclosed.

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