LWK Partners Teams Up with CurbStand for Enhanced Parking Solutions in LA Housing Projects
In a significant move to enhance residential convenience, LWK Partners, a private equity firm based in Los Angeles, recently announced a strategic joint venture with CurbStand, a prominent provider of parking and valet services. This initiative aims to streamline parking solutions for residents across LWK’s expanding portfolio of housing projects.
The collaboration between LWK Partners and CurbStand focuses on leveraging CurbStand's extensive network of underutilized parking lots, thus facilitating seamless access to parking for tenants. This initiative is especially crucial as LWK continues to develop affordable accessory dwelling units (ADUs) in response to California's acute housing shortage. Currently, LWK is in the process of building over 165 detached ADUs across multifamily assets in Southern California, epitomizing its commitment to addressing the pressing need for affordable housing solutions.
Austin Nissly, Co-Founder and Partner at LWK Partners, emphasized the importance of exceptional resident experiences, stating, "Our ADU development model prioritizes delivering an exceptional resident experience, and partnering with CurbStand gives tenants additional parking options as they need them." He further noted that this partnership underscores LWK’s commitment to enhancing resident satisfaction as the firm significantly increases its housing density throughout the region.
Under the terms of this venture, CurbStand will offer cost-effective parking options adjacent to each property within LWK’s portfolio. Moreover, the two entities will collaborate to introduce a suite of amenity enhancements for residents, showcasing CurbStand’s leading parking solutions.
"We are thrilled to partner with LWK to deploy our extensive parking network on behalf of their residents," said Arya Alexander, CEO of CurbStand. This partnership not only introduces a sophisticated parking solution to LWK’s tenants but also exemplifies an innovative approach to augmenting resident amenities in multifamily housing developments.
This agreement with CurbStand represents the latest addition to LWK’s extensive operational infrastructure designed to support its growing housing development platform focused on prioritizing residents' needs. It forms part of a broader ecosystem comprising local partners across brokerage, property management, and ownership, all aimed at advancing the development of affordable housing in Los Angeles.
LWK Partners itself has established a strong foothold in the real estate landscape by focusing on the acquisition and operation of value-enhancing multifamily assets. The firm specifically targets properties that are undermanaged or in need of renovations, believing there are multiple avenues to create value through operational improvements and increased density in communities where housing supply is constrained. As of the first quarter of 2026, LWK has successfully acquired 34 buildings, encompassing over 450 multifamily units, translating into a gross asset value exceeding $150 million. Additionally, the firm is currently developing another 165+ multifamily units, highlighting its proactive stance in tackling housing shortages in the region.
CurbStand, founded in 2013, has rapidly evolved from a technology-forward valet startup into a comprehensive parking management enterprise with over 100 locations throughout Southern California and a workforce exceeding 600 employees. Its diverse service offerings extend from valet operations to monthly parking subscriptions and specialty hospitality services, catering to a range of high-profile commercial and residential properties within the greater Los Angeles area.
With this impactful partnership, LWK Partners and CurbStand are setting a commendable precedent for how collaborative efforts in the real estate and service sectors can work together to enhance urban living, prioritizing resident convenience while addressing broader housing issues.
The collaboration between LWK Partners and CurbStand focuses on leveraging CurbStand's extensive network of underutilized parking lots, thus facilitating seamless access to parking for tenants. This initiative is especially crucial as LWK continues to develop affordable accessory dwelling units (ADUs) in response to California's acute housing shortage. Currently, LWK is in the process of building over 165 detached ADUs across multifamily assets in Southern California, epitomizing its commitment to addressing the pressing need for affordable housing solutions.
Austin Nissly, Co-Founder and Partner at LWK Partners, emphasized the importance of exceptional resident experiences, stating, "Our ADU development model prioritizes delivering an exceptional resident experience, and partnering with CurbStand gives tenants additional parking options as they need them." He further noted that this partnership underscores LWK’s commitment to enhancing resident satisfaction as the firm significantly increases its housing density throughout the region.
Under the terms of this venture, CurbStand will offer cost-effective parking options adjacent to each property within LWK’s portfolio. Moreover, the two entities will collaborate to introduce a suite of amenity enhancements for residents, showcasing CurbStand’s leading parking solutions.
"We are thrilled to partner with LWK to deploy our extensive parking network on behalf of their residents," said Arya Alexander, CEO of CurbStand. This partnership not only introduces a sophisticated parking solution to LWK’s tenants but also exemplifies an innovative approach to augmenting resident amenities in multifamily housing developments.
This agreement with CurbStand represents the latest addition to LWK’s extensive operational infrastructure designed to support its growing housing development platform focused on prioritizing residents' needs. It forms part of a broader ecosystem comprising local partners across brokerage, property management, and ownership, all aimed at advancing the development of affordable housing in Los Angeles.
LWK Partners itself has established a strong foothold in the real estate landscape by focusing on the acquisition and operation of value-enhancing multifamily assets. The firm specifically targets properties that are undermanaged or in need of renovations, believing there are multiple avenues to create value through operational improvements and increased density in communities where housing supply is constrained. As of the first quarter of 2026, LWK has successfully acquired 34 buildings, encompassing over 450 multifamily units, translating into a gross asset value exceeding $150 million. Additionally, the firm is currently developing another 165+ multifamily units, highlighting its proactive stance in tackling housing shortages in the region.
CurbStand, founded in 2013, has rapidly evolved from a technology-forward valet startup into a comprehensive parking management enterprise with over 100 locations throughout Southern California and a workforce exceeding 600 employees. Its diverse service offerings extend from valet operations to monthly parking subscriptions and specialty hospitality services, catering to a range of high-profile commercial and residential properties within the greater Los Angeles area.
With this impactful partnership, LWK Partners and CurbStand are setting a commendable precedent for how collaborative efforts in the real estate and service sectors can work together to enhance urban living, prioritizing resident convenience while addressing broader housing issues.
Topics General Business）
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