Michael T. Flaherty

Michael T. Flaherty

Founder & Managing Partner

Michael Flaherty is the Founder and Managing Partner of L5 Real Estate Investments. Throughout his career Mike has been involved in the ownership, development and entitlements of over 200+ nationwide commercial and residential properties valued at over $1 billion in total – including multi-family, resort, hospitality, office, retail and large master planned residential communities.


His passion for multi-family investment performance is based on his niche for detailed due diligence, market analysis and acquisition of value-add opportunities. Mike actively participates in all acquisitions and management of L5 assets.

Prior to founding L5, Mike was a Partner with Cardinal Real Investments where the focus was on the astute repositioning and development of residential and commercial in Los Angeles and New York City. This included the repositioning of a $29 million office building and an $18 million mixed-use development. Mike also managed British Petroleum’s (BP) zoning and real estate development platform for Bovis Lend Lease, one of the world’s largest real estate development, project management, and construction companies. Over a five-year period, his platform included 50 retail projects and BP’s national hydrogen retail development plan. This included the 1st U.S. retail designed hydrogen fueling facility at LAX (Los Angeles International Airport). Governor Arnold Schwarzenegger inaugurated the site with Mike, and he was awarded the 2004 Excellence Award for his leadership. Prior to Mike’s work in the multi-family and commercial real estate industry, he managed numerous high volume residential and master planned developments for Toll Brothers, Inc., the nation’s largest developer and builder of luxury homes. One of his projects, Uwchlan Woods, was awarded Community of the Year by the U.S. Home Builders Association. Mike earned a B.S. in Civil Engineering from Villanova University and a M.B.A. from the University of Southern California. Additionally, he is a Board Member of Kids Helping Kids and Advisor to the Board for Mychal’s Learning Place, non-profit organizations focused on assisting children with developmental disabilities and low-income children in local communities and worldwide.