Our Philosophy
Building communities that offer affordable living at higher standards is what sets us apart. We are not just entrepreneurs and investors but family men and women who understand the need and want to live in a safe and welcoming community. We strive to provide affordable housing without compromising quality and service.
Our Founder
We are passionate about real estate! And we are not just paper pushers. Behind the suit and tie is active involvement in every property we acquire. We are onsite working alongside our team of contractors, property managers, and maintenance staff. But we are also seasoned business executives who manage the bottom line and work hard for our investors.
Tony Castronovo
Founder & Managing Partner
Tony Castronovo is the founder and managing partner of Novo Multifamily Group and Novo Investments, a real estate investment company established in 2014.
He is a multifamily real estate investor with experience in acquisition, underwriting, contract negotiation, due diligence, syndication, capital raising, construction & renovations, operations, asset management, and overall asset strategy implementation. He has been invested in over 1,150 units and focuses primarily in Texas and Oklahoma markets.
Prior to his multifamily experience, Tony owned and operated a portfolio of single-family rental properties yielding strong annual revenues. With his background in construction, he had acquired properties through wholesale transactions and pocket listings, leveraging hard & private money lenders, developing repair estimates, managing contractors to drive property values, then refinancing into long-term notes. He has a track record of driving appreciation through strategic renovations and leading class asset management.
Tony is also a seasoned management consultant (previously with Ernst & Young), utilizing 25 years of experience advising clients on project portfolio investment management. He holds higher education degrees in Engineering and Construction Management.
He is revered across numerous investor communities as a mentor and coach for investors & entrepreneurs, sharing leading practices and experience. He is a member and student of the Wheelbarrow Profits Academy, founded by Jake Stenziano and Gino Barbaro. In 2022, he launched Grit to Growth, a Transition & Performance Coaching business for focused on empowering entrepreneurs to live an intentional life by design.
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