Founder Profile

Charles A. Castro


As the founding principal of NEWPORT REALTY ADVISORS, Mr. Castro oversees all consulting activities of the firm. He has over 15 years of professional real estate market, economic and financial consulting experience and has conducted analyses on all types of multifamily housing, including affordable (income-restricted) and market-rate properties. Over the past 15 years, Newport Realty Advisors has conducted over 250 affordable and market-rate multifamily studies throughout California and the Western United States.

Prior to founding NEWPORT REALTY ADVISORS in late 1996, Mr. Castro worked as a Consultant for The Meyers Group, a real estate consulting firm. He was responsible for conducting analyses on a wide variety of residential product types, including: Single-Family Residential, For-Sale Condominiums, Rental Apartments, Urban Infill Projects, Condominium Conversions and Master-Planned Communities. Specific studies conducted at The Meyers Group included: Market Feasibility and Opportunity Analysis, Absorption Studies, Disposition Strategies, Residential Pricing Analysis, Residual Land Value Analysis, and Portfolio and Land Acquisition Analysis.

Prior to The Meyers Group, Mr. Castro worked as an Associate with Robert Charles Lesser & Co., a nationally recognized real estate consulting and advisory firm. In this capacity, he was responsible for advising public and private sector clients on the technical and strategic aspects of real estate, including: Market and Financial Feasibility; Investment, Acquisition and Valuation Analysis; and Land-Use policy issues. He completed analysis on a number of product types including Office, Retail, Industrial, Rental Apartments and Residential Projects. Specific studies conducted at Robert Charles Lesser & Co. included: Market and Financial Feasibility Analysis, Land-Use Feasibility and Planning Analysis, Evaluation Strategies for Underutilized Land, and Pre-Acquisition (Investment) Due Diligence Analysis.

Mr. Castro commenced his real estate career as an Analyst with Keyser Marston & Associates, a real estate consulting firm based in San Diego, California. Keyser Marston & Associates specialized in providing consulting services to public sector clients throughout California on redevelopment, land planning and affordable housing issues. As an Analyst, Mr. Castro was responsible for the due diligence, specifically market and economic feasibility analysis on proposed affordable (income-restricted) and market-rate housing projects.

Mr. Castro completed his undergraduate studies in Marketing and Finance from California State University at Chico, and has completed a number of courses in the "Real Estate Development and Investment Program" at the U.C. Irvine Extended Education Center. In addition, he is a member of the Urban Land Institute (ULI), and author of various articles published in 1998 and 1999.