Louis Capano III, the current CEO and owner of Capano Management, spent his formative years within the Capano organization. Louis Capano III’s tenure within the company began as a teenager, performing a range of labor and construction tasks for numerous projects, while also shadowing his father, Louis Capano Jr., the previous CEO and owner of Capano Management. Since joining the company full-time in 1999, he serves as the third generation of the Capano Family to head Delaware’s leading real estate development company.
As CEO, Louis Capano III spearheaded the purchase and development of new land acquisitions while also managing the build out and management of additional assets including commercial retail centers, office buildings, hospitality, homebuilding communities and residential apartments. Louis Capano III’s business focus remains residential construction and management. To date, the Capano Management portfolio showcases over 6,500 apartment units with an additional 3,000 currently in development.
Today, Capano Management builds and manages upscale and exceptionally-designed residences that offer a variety of amenities, including fitness studios, resort-style pools, lounges and workspaces in vibrant living areas. “101 Avenue of the Arts” and “The Falls”, two exquisite residential communities located in Wilmington, DE, represent a successful brand pivot to luxury rentals under Louis Capano III. Capano Management’s living spaces are now built for residents who desire an exceptional and safe living environment to thrive in.
Under Louis Capano III’s leadership, the business, which has predominantly served Delaware, has now expanded into Maryland, Florida and Pennsylvania. Most recently, the firm purchased land in the rapidly growing suburb of Phoenixville, PA. There, the team is developing two modern, luxury apartment residences — the 240-unit “Reserve on Forge” and the 240-unit “Phoenix” — both of which are now leasing Phase 1.
In Salisbury, MD, a thriving area with increasing housing demand, the firm has developed and is now leasing Phase 1 of the upscale 416-unit “The Reserve at Parsons Lake.” Two commercial construction projects are also in development in Maryland- Coastal Square, a commercial retail center in Berlin, MD, and Somerset Crossing, a site that will feature hotel, office, retail, and highway properties in Princess Anne, MD.
Meanwhile, the firm has bolstered its retail and office portfolio to include 17 commercial retail centers and 6 office buildings, amounting to over 3 million square feet of commercial assets. One such example is Little Falls Business Center, a newly-constructed 60,000 square foot office building in Wilmington, DE that serves as a home base to Certara and Bank of America. Since Louis Capano III first joined the family business, his goal has been to expand the firm’s portfolio and take new construction — the quality of materials, customer service, and amenities — to the next level.
Finally, Louis Capano III created the Louis Capano Family Foundation, a 501c3 private philanthropic organization dedicated to raising funding and awareness for nonprofits that support children and families in need in Delaware. Since its inception in 2006, the foundation has raised approximately $6.5 million in donations for local charities and organizations. Through their innovative real estate solutions and forward-thinking execution, the Capano Family has shaped how people in Delaware — and beyond —work, eat, shop, play, and live. As the economic and social landscape evolves, the Capano family plans to continue to build superior properties and communities that residents and families will enjoy alike. Louis currently resides in Haverford, PA with his wife and three children while serving on the Board of Trustees for The Baldwin School For Girls.
