What We Do

At Altus we create places as innovative and exciting as the people who live, work and play within.

 

 

 

Altus is a full-service real estate development and investment company based in Washington, DC. From repositioning underperforming assets to developing ground-up projects, we focus on creating mixes of residential, office, retail and hospitality experiences that inspire. Our thoughtful, crafted approach to each project is guided by a strong vision grounded in the particular context of each site. We seek to elevate surrounding neighborhoods with each of our projects.

Together with our investors, which range from major institutions to individuals, we are committed to building long-term relationships and value.

 
 

Portfolio

Altus has acquired, repositioned and developed over $891M of commercial office, retail, and residential space totaling over 3.1 million square feet.

 
 

Our projects range from new ground-up construction to major renovations and repositioning.  We leverage our team’s proven experience to close challenging acquisitions and resolve complicated design problems.  Our hands-on approach to working with local municipalities and communities enables us to skillfully navigate complex entitlement processes while delivering projects on time and on budget.

 
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Who We Are

Altus was formed in 2006 to provide private and institutional investors in the Mid-Atlantic, and particularly metropolitan Washington, D.C., with an operating and investment partner who can execute complex acquisitions, identify and realize development opportunities, and act as the long-term steward of our partners’ interests.

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Charles H. Kehler

FOUNDER + PARTNER

Charlie founded Altus in 2006 and leads all acquisition and development activities. Prior to starting Altus, Charlie was a VP at Vornado/Charles E. Smith and The Kaempfer Company, where he was responsible for acquisitions, leasing, and related development activities. Prior to Kaempfer, Charlie was a VP with Beacon Global. Charlie has an MBA from Cornell University Johnson School of Business and a B.A. from Hamilton College.

 
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Alexander G. Troup, IV

PARTNER

Al is responsible for acquisitions and financings for Altus. Prior to joining Altus, Al was a SVP with Lincoln Property Company where he led the Mid-Atlantic acquisitions and development team. Prior to Lincoln, Al was a VP with The Carlyle Group where he focused on U.S. real estate investment opportunities. Al has an MBA from The University of Texas McCombs School of Business and a B.B.A. in Finance from Texas A&M University.

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Gordon M. Fraley

PARTNER

Gordon is responsible for all development activities for the company. Prior to joining Altus, Gordon was a SVP at Vornado/Charles E. Smith where he co-managed the development team. Gordon began his career with The Kaempfer Company which was acquired by Vornado in 2003. Gordon has an MBA from The Wharton School at the University of Pennsylvania and a bachelors degree in Urban and Environmental Planning from the University of Virginia.

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Rory Pillsbury

SVP, CONSTRUCTION

Rory is responsible for all construction activities for the company. Prior to joining Altus, Rory was a Sr Construction Manager and Asset Manager at Hines where he was responsible for new development, capital improvement, and tenant build-out projects in the Washington, DC office. Rory began his career with Peris Construction. Rory has a Masters in Real Estate Development from Georgetown University and a B.A. from Kenyon College.

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Contact