Building Communities.
Creating Value.
Driving Results.
Lowe Property Group (LPG) is a vertically integrated real estate investment, development, and management firm with over 35 years of experience. Founded in 1986 by Steve Lowe, LPG began as a family-run business and has grown into a trusted leader in multifamily and mixed-use real estate across Utah and beyond.
About
Lowe Property Group
Lowe Property Group (LPG) is a vertically integrated real estate investment, development, and management firm with over 35 years of experience. Founded in 1986 by Steve Lowe, LPG began as a family-run business and has grown into a trusted leader in multifamily and mixed-use real estate across Utah and beyond.
With a portfolio of over 2,000 residential units and 40,000+ square feet of retail space, LPG has built a reputation for delivering strong returns through disciplined investment strategies and hands-on operational oversight. The company currently manages $800 million+ in assets and continues to expand through new development and acquisitions.
LPG’s in-house property management arm, LPG Residential (LPGR), oversees more than 1,500 apartment unitsthroughout the Salt Lake City Valley, ensuring consistent quality and service for residents.
At the heart of our work is a deep commitment to building vibrant communities and delivering long-term value for our investors, partners, and residents
Our Story
1986
The Beginning
LPG (formerly Compass Capital Corp.) was formed in 1986 when Steve Lowe left his position as president of a national real estate syndication firm to spend more time with his young family and take on the challenge of starting a new business.
2007 - 2016
Scaling Development
Ben and Alex Lowe joined the family business to expand the development platform, successfully adding over 750 units to the portfolio.
2017
The LPG Brand
The firm was rebranded as Lowe Property Group and established institutional partnerships with lenders and operators, supporting the continued growth of its portfolio.
2022
Management Integration
LPG Residential, the residential platform of LPG, was expanded to serve as the property manager for all owned assets, driving consistency and cost savings across the portfolio.
2023 - 2024
Expanding Verticals
In anticipation of downstream development headwinds, LPG establishes a Preferred Equity vehicle and bolsters its acquisitions platform with a focus on strategically capitalizing on changing market dynamics.
Let’s Build Value Together
Built for Performance.
Driven by Partnership.
Focused on Long-Term Value.