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PRP HIRES JON MCAVOY AS CHIEF INVESTMENT OFFICER

PRP HIRES JON MCAVOY AS CHIEF INVESTMENT OFFICER A Seasoned Real Estate Professional Bringing Significant Investment Experience to PRP WASHINGTON, DC – November 4, 2024. PRP, a real estate investment...
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We create long-term value through investments in corporate net lease, office and multifamily properties

Who We Are

PRP is a real estate investment management company with a focus on value-add multifamily apartments, office and mission-critical corporate headquarters facilities leased to investment-grade companies on a long-term basis. Founded in 2005, PRP executes value add strategies and asset manages a national portfolio of assets on behalf of its institutional investors, family offices and financial institutions. PRP manages its apartment investments through PRP REM, its property management subsidiary which is solely focused on PRP’s portfolio of apartment properties. PRP has proven expertise in selecting and managing attractive risk adjusted real estate investments located in major markets throughout the United States. Since its formation, the company has invested in 60 assets with a value in excess of $6 Billion in all property sectors. PRP is privately held and is headquartered in Washington, DC. PRP is a creative buyer and seller of real estate and considers a variety of equity and debt investment structures.


As fiduciaries and stewards of our investors’ capital, we co-invest in all assets to maintain full alignment. We are process-oriented investors, and we understand how to evaluate and underwrite risk. And we create and maintain substantive and engaging relationships with our stakeholders — investors, lenders, advisors, tenants and agents.

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At a Glance

$6 billion

current assets under
management

4.5 million

square feet of real estate under management

60

investments made since inception

25 years

average industry experience of our team
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