Partner With an Experienced, Value-Oriented Investor
Chris Germain founded Piping Rock in 2006 with a Midwest investment thesis, at the same time that many institutional real estate investors were exiting this region. This contrarian, value-oriented investment approach is our foundation. We are a sophisticated investor, but our focus is on value, not aggressive capital structures.
We provide family offices, fund managers and accredited investors with access to narrowly focused private market investments in multifamily real estate that can preserve wealth, generate tax-optimized passive income, and create the potential for material capital appreciation.
We are transparent, and we work continuously to improve the communities and neighborhoods where our residents live and work. We co-invest meaningfully in every asset we purchase, and we earn our investor relationships by consistently generating above-market investment returns.
These principles are the foundation of our company, and they guide us in our commitment to provide the highest standard of care to our residents, neighbors and investment partners.
*Average net pre-tax limited partner cash returns on full cycle investments as of December 31, 2025, inclusive of net pre-tax limited partner unrealized capital gains, per independent third party valuations. Lead Founding Member & General Partner. Unaudited.
We really like the friendly, transparent way you operate.
President, NYSE listed bank CRE lender with $13.5 billion in assets
It was indeed a good ride and strong returns. Thanks for your guidance from the beginning.
Chairman, RIA with $7 billion in AUM
The best investment I ever made.
Individual Investor
I want to personally thank you for managing these investments so incredibly well. I am so impressed with the work you do. You are a true professional and it has been an absolute pleasure to work with you.
CEO, NYSE listed asset manager with over $1 trillion in AUM
Thanks again for your great work on this. Your diligence and record keeping is better than anyone I’ve ever seen.
UHNW advisor
