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Alternative Assets  + Real Estate  | 
LoneTree Capital Invests in Carson Living’s Multifamily Access Platform 

LoneTree Capital Invests in Carson Living’s Multifamily Access Platform 

LoneTree Capital, a New York–based growth capital firm, has made a strategic investment in Carson Living, a provider of integrated access control, remote doorman solutions, and resident engagement software for multifamily properties. 

Founded in 2017, Carson offers a unified platform that enables property managers and residents to manage building access, deliveries, visitor entry, and communication through a single system. The company has more than quadrupled its revenue since 2021, and its technology is now deployed in nearly 1,000 residential communities across the U.S. and Europe. 

“Carson has built a differentiated product suite that sits at the intersection of building operations and resident engagement,” said Mike Devine, Partner at LoneTree. “We see significant opportunity to expand its footprint as multifamily owners increasingly look for integrated, tech-forward solutions.” 

Carson’s founder and CEO, Guy Blachman, said the partnership will help the company accelerate platform enhancements and meet growing customer demand. “Our mission has always been to make property management and resident life simpler and more connected. Partnering with LoneTree provides us with the expertise and resources to expand that mission and scale our platform to serve more communities.” 

The investment marks the sixth platform investment from LoneTree’s debut fund, a $200 million vehicle that closed in February 2025. As part of the transaction, Mike Devine, Rhett Lambert, and Peter Bozian will join Carson Living’s Board of Directors. 

Terms of the deal were not disclosed. Software Equity Group served as financial advisor to Carson, while Hinckley, Allen & Snyder LLP acted as legal counsel to LoneTree. 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.