Lowe Property Group (LPG) is a family real estate development and investment firm located in Salt Lake City, Utah.  Compass Capital Corporation, the predecessor to LPG, was formed in 1986 when Steve Lowe decided to leave his position as president of a national real estate syndication, development and private equity firm in order to spend more time with his young family and take on the challenge of starting a new business. His sons Ben and Alex joined the family business after serving in numerous leadership roles with Trammell Crow, Westfield, and JRK Property Holdings.  After deciding he needed more time with grandkids, Steve retired from the business in 2013 and Ben and Alex rebranded the firm as Lowe Property Group in 2017.

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During its 35 year history, LPG, and its predecessors, have delivered exceptionally strong returns to investors through a rigorous screening and due diligence process coupled with incredibly detailed operational oversight.  We are passionate about our communities and continually strive to offer the highest quality product to the residents who call one of our communities “home.”

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LPG is continually expanding its presence through new construction and the acquisition of existing communities. Currently, LPG owns and operates over 2,000 residential units and more than 40,000 square feet of retail space along the Wasatch Front, with assets under management exceeding $800 million.

 

LPG's development arm is actively involved in the development and construction of over 750 residential units, with a combined capitalization of over $300 million. Additionally, LPG's private equity division continually invests in multifamily and other strategic assets throughout the United States.

 

LPG Residential, the property management business of LPG, manages over 1,500 market-rate and tax credit apartment units throughout the Salt Lake City Valley.