Arnaud Karsenti
13th Floor Investments
Arnaud Karsenti is the Managing Principal of 13th Floor Investments, a real estate investment and development firm based in Miami, Florida. Since inception, 13th Floor has acquired, developed, and managed over $3 billion in real estate assets. The firm adheres to a value-investing philosophy and seeks opportunistic risk-adjusted returns for its investors. 13th Floor has been active across the broad real estate spectrum, ranging from distressed residential assets to condominiums, multifamily, and single-family homes. Today, the firm is mainly focused on mixed-use residential developments and expanding its homebuilding business, 13th Floor Homes.
Mr. Karsenti is primarily responsible for the general direction of the firm’s investment strategy as well as its overall capitalization. 13th Floor manages capital through a series of discretionary private equity funds, which consist of private and institutional capital. In addition, the firm enjoys longstanding partnerships with best-in class capital partners across the United States. Given its unique role as both operator and capital partner, 13th Floor prides itself on being a great partner to a wide range of players in the real estate industry. This reputation has allowed 13th Floor to expand geographically as well as across a wide range of asset classes. Prior to founding 13th Floor, Mr. Karsenti founded College boxes, the nation’s leading college-based shipping and storage company, which was acquired by U-Haul in 2004.
Mr. Karsenti began his real estate career by knocking on doors in Miami’s urban core where he assembled a portfolio of properties that ultimately lead to forming 13th
Floor. Mr. Karsenti is also active in the community – he is an active member of the Young President’s Organization (YPO) and sits on the executive board of the Greater Miami Jewish Federation. Mr. Karsenti graduated cum laude from the Pratt School of Engineering at Duke University, with a dual degree in Mechanical Engineering and Economics, and holds an MBA from the Harvard Business School.