Coneg LLC
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Coneg LLC, based in Denver, CO, is a commercial real estate firm dedicated to generating sustainable and long-term returns by adhering to its core values of integrity, respect, and dedication. Founded by Karl Umland, the company focuses on identifying and acquiring industrial properties with value-add potential, leveraging technology and strategic partnerships to enhance profitability.
Since its inception in 2011, Coneg LLC has successfully grown its portfolio to operate $20 million in real estate assets and achieve annual revenues of $1 million. The firm's investment strategy targets properties with characteristics such as low occupancy rates and below-market rents, while also addressing entitlement issues and operational inefficiencies.
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