Grow Your Real Estate  Portfolio.  Invest in Stable, Cash-Flowing Midwest Multifamily Assets

Partner with an Experienced, Value-Oriented Investor

Piping Rock Partners has been investing in Midwest multifamily real estate since 2006. We provide accredited investors with access to narrowly focused private market  real estate investments that can preserve wealth, generate tax-optimized passive income, and create the potential for material capital appreciation.

Successful real estate investment strategies begin with unique local insights.  Accordingly, we focus carefully on select Midwestern markets we know well. All investment decisions are guided by extensive local market experience and thorough property-level due diligence, adhering strictly to the philosophy that real estate is a local business.

​​We are a sophisticated investor, but our focus is on fundamentals, not aggressive capital structures or financial engineering. We are also long term investors, and we are tax efficient.  Because income from sales proceeds generates an immediate tax obligation, whereas income from refinancing proceeds does not, we prefer to return capital & profits with new debt, rather than from  an outright sale.

We are transparent, and we work continuously to improve the communities and neighborhoods where our residents live and  work.  Most important, we co-invest meaningfully in every asset we purchase.

These principles have been the foundation of our company since 2006, and they continue to guide us in our commitment to provide the highest standard of care to our  residents, neighbors and investment partners.

AVERAGE EQUITY MULTIPLE*
NET AVERAGE IRR*
%
NET AVERAGE ANNUAL RETURN*
%

*Average net pre-tax limited partner cash returns on full cycle investments as of December 31, 2023, excluding unrealized capital gains. Sole lead Founding Member & General Partner. Unaudited.

Fox Pointe
Fox Pointe
Chimney Hill
Chimney Hill
Kensington Ridge Apartments
Kensington Ridge