Declaration

Real Estate

Seek to combine the best attributes of family office flexibility and institutional quality investing to generate attractive risk-adjusted returns.

Strategy

Target investment opportunities where family-orientation, flexible capital, and longer-term perspective provide competitive advantages.

01

Preserve a Family Office Mindset

Combine the patience and perspective of a family office with the sophisticated capabilities of private equity investing

02

Invest Flexibly

Seek attractive opportunities across real estate sectors and geographies, applying rigorous replacement cost discipline and structuring for asymmetric upside

03

Deploy Selectively

Move decisively when attractive opportunities arise, without artificial pressure to deploy capital

04

Own Actively

Create enduring value through renovation, repositioning, and development strategies, with a preference for long-term compounding

Harvill Industrial (Realized)

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Property

Industrial Acquisition

Location

Inland Empire, CA

Structure

LP Equity

Investment date

09/2021

Royal Palm Beach

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Property

Multifamily Development

Location

Palm Beach, FL

Structure

Preferred Equity

Investment date

03/2023

Lake Orlando Industrial

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Property

Industrial

Location

Orlando, FL

Structure

JV Equity

Investment date

08/2023

Fairfax Student Housing

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Property

Master-leased Student Housing

Location

Pittsburgh, PA

Structure

LP Equity

Investment date

4/2022

The District

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Property

Multifamily

Location

Pittsburgh, PA

Structure

JV Equity

Investment date

01/2024

Philadelphia Industrial Portfolio

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Property

Industrial

Location

Philadelphia, PA

Structure

LP Equity

Investment date

05/2024

4 Rivers Self-Storage

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Property

Self-Storage

Location

Various – Southeast U.S.

Structure

Programmatic JV Equity

Investment date

06/2023

Brooklyn – Gowanus

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Property

Multifamily Development

Location

Brooklyn, NY

Structure

Qualified Opportunity Zone Investment

Investment date

02/2019

Multifamily Preferred Equity Venture

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Property

Multifamily

Location

Various

Structure

Preferred Equity

Investment date

12/2023

Charlotte – Dilworth

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Property

Multifamily Development

Location

Charlotte, NC

Structure

Participating Preferred Equity

Investment date

07/2021

Bunker Hill

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Property

Multi-Phase Multifamily Development

Location

Boston, MA

Structure

Qualified Opportunity Zone Investment

Investment date

04/2021

Cortland New Albany

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Property

Multifamily

Location

Columbus, OH

Structure

LP Equity

Investment date

08/2024

Charlotte NoDa

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Property

Multifamily Development

Location

Charlotte, NC

Structure

Qualified Opportunity Zone Investment

Investment date

12/2021

21 Parker

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Property

Industrial

Location

Boston, MA

Structure

JV Equity

Investment date

11/2024

Cortland Bull City

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Property

Multifamily Acquisition

Location

Durham, NC

Structure

Co-GP Equity

Investment date

07/2020

1899 Penn

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Property

Office Acquisition

Location

Washington, DC

Structure

Direct Equity

Investment date

12/2020

Property Investments

Portfolio

Show All
Harvill Industrial (Realized)

Inland Empire, CA

Royal Palm Beach

Palm Beach, FL

Lake Orlando Industrial

Orlando, FL

Fairfax Student Housing

Pittsburgh, PA

The District

Pittsburgh, PA

Philadelphia Industrial Portfolio

Philadelphia, PA

4 Rivers Self-Storage

Various – Southeast U.S.

Brooklyn – Gowanus

Brooklyn, NY

Multifamily Preferred Equity Venture

Various

Charlotte – Dilworth

Charlotte, NC

Bunker Hill

Boston, MA

Cortland New Albany

Columbus, OH

Charlotte NoDa

Charlotte, NC

21 Parker

Boston, MA

Cortland Bull City

Durham, NC

1899 Penn

Washington, DC

Harvill Industrial (Realized)

Inland Empire, CA

Royal Palm Beach

Palm Beach, FL

Lake Orlando Industrial

Orlando, FL

Fairfax Student Housing

Pittsburgh, PA

The District

Pittsburgh, PA

Philadelphia Industrial Portfolio

Philadelphia, PA

4 Rivers Self-Storage

Various – Southeast U.S.

Brooklyn – Gowanus

Brooklyn, NY

Multifamily Preferred Equity Venture

Various

Charlotte – Dilworth

Charlotte, NC

Bunker Hill

Boston, MA

Cortland New Albany

Columbus, OH

Charlotte NoDa

Charlotte, NC

21 Parker

Boston, MA

Cortland Bull City

Durham, NC

1899 Penn

Washington, DC

Portfolio

Select JV Partners

Real Estate Team

Institutional team with real estate investing and operating experience across property types, geographies, and market cycles.

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Todd S. Rich

Co-Founder and Head of Real Estate

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Matthew Cohen

Partner

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Ron Dalal

Partner

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David Rabin

Managing Director

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George Roux

Vice President

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Robert Rucks

Vice President

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Aileen Chang

Senior Associate

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Kyle Patrick

Senior Analyst

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Holly Majka

Chief of Staff and Office Manager

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Gracie Filler

Executive Assistant