About us
A New York real estate investment and operating firm built on a decade of shared experience.
Learn moreWe seek out overlooked apartment buildings with good bones in great locations, and thoughtfully bring each one to its full potential.
OverviewA New York real estate investment and operating firm built on a decade of shared experience.
Learn moreA disciplined approach to acquiring well-located apartment buildings across New York City and its suburbs.
Learn moreAn experienced team with deep expertise in acquisitions, construction and operations across New York real estate.
Learn moreLayline Capital Partners is a real estate investment and operating firm founded in 2026 by Stephen Serota and Michael Sturman. We are based at 33 Irving Place in Manhattan and invest in free-market apartment buildings across New York City, Westchester and Long Island.
The partners have worked together for ten years, with Michael leading acquisitions and Stephen leading construction and renovation. Layline brings that partnership to a focused platform built around smaller buildings, where owners who know the property and the work involved make the biggest difference.
Transactions the partners have worked on over their careers at prior firms. Value is approximate.
We invest where new apartments are hard to build and renters keep coming: New York City, where construction has slowed and vacancy is near historic lows, and the Westchester and Long Island suburbs, where zoning keeps new rental housing scarce.
We look for walk-up and elevator buildings with good bones that have been overlooked or under-managed, and we buy them at a meaningful discount to comparable sales.
Scope, budget and target rents are set before we close. A principal manages every renovation, working with general contractors we have relied on for years.
Layline works with family offices, high-net-worth individuals and long-standing relationships of the partners. The principals invest their own capital in every deal and earn their return alongside the people who invest with them.
Send it to Michael Sturman at msturman@laylinecre.com. We review every submission and respond promptly.
Contact usMichael Sturman leads all acquisitions and capital markets at Layline Capital Partners. He has personally led more than $110 million of New York City multifamily and mixed-use acquisitions, sourcing and underwriting each deal from first look through closing.
Before co-founding Layline, Michael served as Head of Acquisitions at a New York City family office and at a New York City real estate development firm, where he led deal sourcing and investment analysis. He began his career on the lending side, helping originate and underwrite loans for a New York City lending platform of more than $2 billion, an experience that shapes how Layline structures and finances every acquisition.
Michael has deep roots in Westchester and long-standing relationships across New York City's multifamily brokerage community. He is a graduate of Syracuse University.
Stephen Serota leads construction, asset management and the business and operations of Layline Capital Partners. He oversees renovation scope, budgets and schedules, and the firm's general contractor and architect relationships. Over his career, he has managed investments and assets of more than $700 million.
Before co-founding Layline, Stephen served as VP of Investment and Development at a New York City real estate development firm, leading multi-state development projects. At Alchemy Ventures, he joined at the firm's inception, led acquisitions as the platform grew, and then led construction on value-add multifamily and mixed-use investments across Manhattan.
Stephen is also the Founding Principal of Evans Point Capital LLC, an investment firm representing a multi-generational New York family, where he oversees its real estate portfolio alongside investments in venture capital and alternative assets. He has also worked with Serota Properties, a Long Island real estate developer with holdings across multiple asset classes nationwide. He is a graduate of The George Washington University.
Co-Founder & Managing Partner
For acquisition opportunities and broker submissions
msturman@laylinecre.comCo-Founder & Managing Partner
For construction, operations and general inquiries
sserota@laylinecre.com33 Irving Place, 10th Floor
New York, NY 10003