Charlie Yalamanchili
Founder/President/CEO, Ilan Investments
Houston, TX 77068
Overall responsibility for the development of corporate strategy while providing day to day leadership and oversight to the executive team.
Phone (832) 249-2519
Overall responsibility for the development of corporate strategy while providing day to day leadership and oversight to the executive team.
Specialties
Investment Sales Broker
Property Types
Industrial, Retail, Flex, Specialty, Multi-Family
Markets
Austin, Dallas/Ft Worth, Houston, Tampa/St Petersburg, San Antonio
Languages
English
Bio
Mr. Yalamanchili maintains overall responsibility for the development of corporate strategy while providing day to day leadership and oversight to the entire executive team at Ilan Investments. Mr. Yalamanchili founded CNC Investments, Ltd. LLP in 1982 and incorporated the company in 1992. By 2006, CNC had become one of the ten largest privately held multifamily operators in the United States with a portfolio that consisted of more than 44,000 units, spread across nine states. In 2011, Ilan Investments was created to serve as the asset manager of the legacy CNC multifamily portfolio and other assets. Coinciding with the creation of Ilan, Adara Communities was launched to engage in the day to day property management of the portfolio. These actions kept all aspects of investment management in house but created a separation of duties.
Mr. Yalamanchili is closely involved in all aspects of the business including equity raise, acquisitions, operations, and divestiture. Throughout his tenure he has proven himself to be particularly gifted at identifying and developing highly skilled property and portfolio level managers.
Today, Ilan Investments real estate investment portfolio is spread across five states and includes more than 65 apartment complexes with more than 18,000 individual units, along with 600,000 square feet of various office, retail, and land holdings.