L3 Capital is a Chicago-based private equity real estate investment firm focused on institutional-quality, value-add urban retail and mixed-use assets. The firm operates with a vertically integrated model, leveraging deep institutional experience across acquisitions, development, asset management, and capital markets. L3 Capital’s strategy centers on identifying market dislocations and inefficiencies in high-barrier-to-entry urban submarkets, where it applies tailored execution plans to unlock value. L3 Capital targets core-plus and value-add investments in prime urban retail corridors across eight major U.S. cities: Boston, Brooklyn, Chicago, Los Angeles, Manhattan, Miami, San Francisco, and Washington D.C. The firm’s asset mix is predominantly retail and mixed-use, with a growing presence in boutique office and hospitality components. The firm’s leasing strategy emphasizes experiential and lifestyle tenants, and shows a diversified rent roll with minimal concentration risk. L3 Capital’s strategic positioning as a boutique operator with institutional sophistication allows it to compete effectively in top-tier urban markets, though its geographic concentration in cities like Chicago and Manhattan may present exposure risks in cyclical downturns.