• Boustead Securities

Ari Rastegar, The 'Oracle Of Austin,' On How Covid Will Change American Cities

Ari Rastegar, CEO of Rastegar Property Company, a Boustead client, featured in Forbes as the 'Oracle Of Austin,' On How Covid Will Change American Cities

Boustead Securities, LLC (“Boustead”) client, Rastegar Property Company, a vertically integrated real estate company based in Austin, Texas, is featured in the Forbes article, "Real Estate Developer Ari Rastegar, The 'Oracle Of Austin,' On How Covid Will Change American Cities."

Ari Rastegar, founder and CEO of Rastegar Property Company, spoke with Forbes about his recent successes finding value in unexpected places. As an Austinite, Rastegar knew his city held a lot of promise long before tech giants like Tesla and Oracle announced their moves to what has become known as Silicon Hills. "For years he watched droves of young professionals making their way to Austin, and he took careful note. That’s why, when the pandemic hit, Rastegar realized it would only expedite these migration trends." Rastegar's "uncanny ability to see around corners" led him to close 11 major deals during the pandemic. And he says Austin is just the beginning. "Austin was our prototype to establish and then expand around the Sun Belt," he said. "Nashville, Dallas, Phoenix, Raleigh and Tampa - the Sun Belt is hotter than it has ever been, and we see no end to the migration. You think Austin is exciting?" says Rastegar. "Get ready!" "Rastegar sees the Covid era as such a great buying opportunity that his firm recently launched a $200 million REIT targeting the asset class and region for investment." His company leans heavily on data to optimize their decisions and monitor trends and risks. "Rastegar’s sensor-crazy properties collect data points across electrical, plumbing, even appliances, relying on AI and ML capabilities to remotely monitor all systems and provide management with insights to anticipate issues that can be addressed proactively." Rastegar is full of optimism for the future. "Much like Austin, the city that we love to call home, the firm is only just starting to scratch the surface when it comes to growth. We’ve proven that our approach works, and have assembled a team that’s built billion dollar real estate brands. Now is the time to bring the best in class developments, from reimagined suburban housing, to much needed industrial space, to cities across the Sun Belt." Read the full Forbes article here.



About Rastegar Property Company

Rastegar Property Company is a vertically-integrated real estate company that believes in putting investors first. This philosophy is founded on: building portfolios positioned to generate above market current income and maintain objectives of long-term capital appreciation; cultivating long-term relationships with investors, partners, and organizations; and utilizing the most up-to-date technology and data analysis available. For more information, please visit our website at www.rastegarproperty.com.

About Boustead Securities, LLC

Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com.

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