Business Details
28 Years
experience
Your Trusted Partner for Multifamily Real Estate Development
Founded in 1998, we have dedicated ourselves to transforming communities through high-quality multifamily real estate development. Our approach combines integrity, accountability, and innovative thinking to deliver projects that benefit residents, partners, and the communities we serve. With over $700 million in multifamily transactions, we maintain a steadfast commitment to excellence in every phase of development, construction, and property management. Our team of experienced professionals ensures every project is completed on time, on budget, and to the highest standards of quality and safety. We manage over 2,000 units across Ohio, leveraging technology to provide transparent, efficient services for owners and investors.Our core values guide every decision, fostering trust and long-term relationships with stakeholders. Through disciplined financial strategies and a focus on sustainable growth, we maximize value for our partners while contributing positively to urban and suburban landscapes. Our leadership team brings decades of combined expertise in real estate, finance, and construction, ensuring we remain at the forefront of the industry. We prioritize community impact, balancing profitability with social responsibility to create lasting value. This philosophy has allowed us to grow into a full-service firm recognized for excellence in multifamily development across the Midwest.
Services
Development
Construction
Property Management
Commercial Brokerage
Asset Management
Preconstruction Services
Site Acquisition
Zoning & Entitlements
Maintenance & Repairs
Investment Management
Details
- Year established: 1998
Highlights and features
- We have completed over $700M in multifamily transactions since 1998.
- Our team manages 2,000+ units across Ohio markets.
- We adhere to core values of integrity, accountability, and excellence.
- Our leadership team has decades of combined real estate expertise.
- We prioritize quality, safety, and timely project completion.
Services
Development
We specialize in multifamily real estate development, focusing on suburban and urban projects. Our process includes site acquisition, zoning, and entitlements to maximize value for stakeholders. With over $700M in completed transactions since 1998, we ensure timely execution while adhering to strict quality standards.
Construction
Our construction team delivers high-quality multifamily properties on time and on budget. We prioritize safety and quality through rigorous pre-construction planning and subcontractor coordination. With 75% of materials secured at loan closing, we minimize risks and ensure efficient project execution across Ohio and surrounding markets.
Property Management
We manage over 2,000 multifamily units with a focus on maximizing returns for owners. Our services include financial reporting, maintenance coordination, and technology-driven communication through secure online portals. Quarterly inspections and fast payment processing ensure property value preservation and owner satisfaction.
Commercial Brokerage
Our brokerage team connects clients with commercial real estate opportunities. We provide market analysis, lease negotiations, and property marketing services. With expertise in multifamily assets, we help investors and tenants find optimal solutions tailored to their business needs.
Investment Management
We raise and manage capital for multifamily projects through disciplined financial planning. Our team secures equity and debt financing, ensuring projects meet budgetary goals. With over $650M raised in private equity, we deliver strategic investment opportunities for partners seeking long-term value growth.
People
Matt Vekasy
Founder & CEO
Matt founded Metropolitan Holdings in 1998 after working with Casto Communities. He holds a Bachelor of Science in Landscape Architecture from Ohio State University and has over 25 years of multifamily development experience.
Andrew Lemmon
Chief Financial Officer
Andrew oversees financial operations with expertise in real estate accounting. A Certified Public Accountant, he previously worked at KPMG and holds degrees from Heidelberg College and Ohio State University.
Joe McCabe
Vice President, Development
Joe has 25+ years in commercial development, managing over 2,800 units. He holds architecture degrees from SUNY Buffalo and specializes in site acquisition and zoning processes.
Allen Pierron
Vice President, Construction
Allen leads construction operations with 15 years in multifamily projects. He graduated from Ohio State University and completed leadership programs through Builders Exchange.
Ben Cotton
Vice President, Capital Markets
Ben has raised $650M+ in private equity for multifamily projects. He holds a finance degree from the University of Louisville and has 20 years of business development experience.
Questions
What types of properties does Metropolitan Holdings develop?
We specialize in multifamily residential communities and mixed-use developments across Ohio and surrounding regions.
How long has the company been in business?
Metropolitan Holdings was founded in 1998 and has completed over $700 million in multifamily transactions.
Do you offer property management services?
Yes, we manage over 2,000 units with technology-driven solutions for owners and residents.
What markets do you operate in?
We primarily serve Columbus, Dayton, Cincinnati, Cleveland, Toledo, and Akron markets.
How does the company handle construction projects?
Our construction team ensures quality and safety with rigorous planning and subcontractor coordination.
