Larkspur Capital LP

Real EstateTexas, United States2-10 Employees

Larkspur Capital LP is a Dallas-based real estate investment and development company focused on for-sale residential projects and speculative land assemblages, with an emphasis on urban renewal in transitional neighborhoods and projects that challenge conventional development standards. The firm forms institutionally backed partnerships funded by select private equity firms and family offices, with the principals co-investing a significant portion of equity to align interests with limited partners. In Dallas, it has acquired a seven-acre development site in Cedars in 2023 and a 9.3-acre development site at 1545 W. Mockingbird Lane in the Southwestern Medical District in 2024; it also partnered with Argosy Real Estate Partners to develop Eastlake, a 56-unit build-for-rent urban townhome project. In 2026, Larkspur announced a partnership with Keystone Group, a Fort Worth-based private investment firm. The company operates with a small staff (2-10 employees) and is headquartered at 2929 Carlisle Street Suite 210, Dallas, Texas; it reports revenue in the range of $10–$25 million.

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