Winter Properties

About Winter Properties

The story of Winter Properties is deeply intertwined with the much larger narrative of Standard Industries, a global industrial powerhouse with roots stretching back to 1886. Winter Properties operates as the real estate arm of Standard Industries, which is led by co-CEOs David Winter and David Millstone. This isn't a typical startup story. Instead, it's a playbook on how a massive, privately-held conglomerate leverages a specialized division to manage and expand a diverse real estate portfolio. Winter Properties, along with its affiliate Standard Investments, represents the strategic investment side of the broader Standard Industries enterprise. This allows the parent company to span everything from building solutions and performance materials to public equities and venture capital. Under the leadership of David Winter and David Millstone, who also founded Standard Investments in 2009 (formerly known as 40 North Management), the real estate arm benefits from a deep well of capital and a long-term investment horizon. Rather than experiencing discrete funding rounds or a public offering, Winter Properties' significant events are woven into the larger acquisitions and strategic moves of Standard Industries, a company with an annual revenue of approximately $11 billion and over 20,000 employees. Their portfolio is a mix of commercial and residential properties, primarily in New York City but also across the nation, forming a key part of the vast and diversified Standard Industries ecosystem.