Our success is built on long standing relationships, integrity, and a commitment to exceptional execution. By identifying underserved markets and listening to the evolving needs of businesses, we continue to deliver innovative, performance driven projects. Our experience allows us to differentiate our approach and make a lasting impact in the communities we serve, establishing Castello Monkarsh as a regional leader in industrial development.
Tim is a life-long Nevadan with a diverse range of industry expertise, including nearly two decades of experience in development, land entitlements, brokerage, and civil construction.
Tim has developed ground up Industrial assets in multiple states with a focus on Southern Nevada. He has co-invested with both private equity and institutional capital completing the portfolio sale of Brass Cap Development in 2022, a company he co-founded. He has entitled and divested hundreds of residential lots to national homebuilders. He is a QE for a general engineering license in the State of Nevada and currently serves as chairman of the Clark County planning commission.
Tim is a member of the NAIOP board of directors, a member of American Planning Association (APA) and is a member of the Southern Nevada CCIM chapter Board of Directors and President elect for 2025.
Larry Monkarsh is a third-generation contractor and commercial real estate developer with nearly four decades of experience spanning residential and commercial construction, property management, and ground-up development. As a founding principal of Castello Monkarsh Development, Larry specializes in creating institutional-grade industrial assets across Nevada, Arizona, Utah, and Idaho.
Larry began his career at EJM Development Co., his family’s Los Angeles-based real estate firm, where he built custom homes in Encino, new multi-family in Studio City and led multifamily renovations for the family busienss. By age 17, he had already completed his first large-scale project—constructing a four-unit condominium complex in Malibu. After refining his Property Management and renovation skills in Sun Valley, Idaho, he moved to Las Vegas in 1995 to pursue greater opportunity in the Southwest’s booming construction market.
In 1996, Larry founded LM Construction Company, a design-build firm that quickly became known for its expertise in the design and construction of commercial projects, with a heavy emphasis on concrete tilt-up industrial development. LM Construction has delivered millions of square feet of industrial, office, and retail/ commercial space and remains a cornerstone of Castello Monkarsh’s integrated delivery model.
In 2015, Larry co-founded Brass Cap Development, a firm that quickly gained recognition for identifying early-stage industrial opportunities and delivering institutional-grade assets across Southern Nevada. After years of successful growth and execution, Larry and his partners completed a portfolio sale of Brass Cap Development’s core assets in 2022, marking a significant milestone and strategic exit. With aligned vision and a shared commitment to delivering quality projects, Larry and co-founder of Brass Cap Development, Tim Castello went on to launch Castello Monkarsh Development as a next-generation real estate firm specializing in strategic industrial projects, driven by deep industry experience and strong leadership committed to delivering high-quality, impactful developments
With nearly 70 years of combined leadership experience, Castello Monkarsh Development continues to scale across the region with a focus on strategic growth and industry excellence.