Austin NisslyCo-Founder & Partner at LightWell-KeystoneSpeaker
Profile
Austin is a Co-Founder & Partner of LWK, and co-leads sourcing, acquisitions, and capital raising. In 2017, he founded Keystone Investors and Penguin Property Management and has grown those firms to $50 million in assets under management and 175 units. He raised $20 million from 160 investors, led the acquisition and repositioning of 18 multifamily assets, and managed $4 million of construction associated with 80 extensive unit renovations and 15 capital improvement projects.
Austin started his career flipping cars, then moved to acquiring and managing small properties in his hometown of Pittsburgh, PA. He graduated summa cum laude from Boston College and worked in the Real Estate Investment Banking Group at Citi in NYC. He worked at CIM Group in Los Angeles and focused on acquisitions and asset management across markets and asset classes. After CIM, he started Keystone Investors, Penguin Property Management, and most recently LWK with the conviction that value-add multifamily in Los Angeles in areas he defined as “Urban Nodes” provided the best opportunity for long-term investment.
Austin lives in Santa Monica, has two kids, and likes to surf, play soccer, rock climb, and mountain bike.