We invest on behalf of institutional and HNW clients via private real estate funds into direct, opportunistic assets either wholly-owned or with proven, expert operating partners.
Although we are geographically agnostic, we only invest in markets where we have experience and/or long-standing relationships with operating partners. We invest across the capital stack, including mezzanine/preferred investments, GP co-invest equity, and JV equity, as well as wholly-owned projects. We have a portfolio of more than 10 projects, comprising both development and cash-flow producing properties across several markets.
Investments Built Around Long-Term Value
A diversified portfolio across residential, multifamily, self storage, industrial, land development, and commercial investments.
Residential
Townhome and residential community investments focused on growth markets, thoughtful design, and durable demand.
Realized Investment
Seidel Road
Overview
PPAF invested in a residential land development project in southwest Orlando with DDC Management. The joint venture acquired a 49% ownership interest and targeted delivery of finished residential lots to national homebuilders.
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Park Manor
Overview
Park Manor is a 32-lot single-family community in eastern Orlando developed with DDC Management and Hartizen Homes. The fully entitled infill project began development in 2020, with home deliveries beginning in 2021 and the community planned for full buildout in 2022.
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Magnolia Reserve
Overview
Magnolia Reserve is a 48-lot single-family residential development approximately 20 minutes from downtown Orlando. PPAF invested alongside DDC Management and Hartizen Homes, with initial lot sales planned to begin in 2024.
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Spring Garden Townhomes
Overview
Spring Garden Townhomes is a planned 90-lot subdivision in DeLand, Florida. PPAF is working with DDC Management and Hartizen Homes to deliver the project in a market supported by strong demand for new housing.
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Eden Crest
Overview
Eden Crest is a large community development in central Florida with DDC Management and Hartizen Homes. The project spans approximately 95 acres and is planned for a mix of single-family and townhome lots, with initial sales expected in 2025.
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Artizen Townhomes
Overview
Artizen is a 13-unit luxury townhome development in St. Louis's Central West End. PPAF served as sponsor-developer and a principal equity investor in the project, which was designed by Trivers Architects and positioned for the for-sale residential market.
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Brooks Landing
Overview
Brooks Landing is a residential land development project in Florida's Space City area. The project is planned for 138 single-family homes across 71 acres, with a total project cost of approximately $8 million.
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Harmony Townhomes
Overview
Harmony Townhomes is part of the existing Harmony master-planned community in St. Cloud, Florida. PPAF invested alongside DDC Management and Hartizen Homes, with the project benefiting from established lakes, trails, and community amenities.
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Investment Snapshot
Multi Family
Multifamily assets and communities positioned for long-term value creation and operating performance.
Portfolio Investment
Chroma
Overview
Chroma is a luxury multifamily project in St. Louis's Grove neighborhood. PPAF invested in Phase II, consisting of 111 units, through a preferred equity structure with Green Street St. Louis.
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Claude Shiloh
Overview
Claude Shiloh is a mixed-use development in Bentonville, Arkansas on approximately 6.3 acres. The project includes 208 apartments plus two retail buildings that were fully pre-leased to national tenants.
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Del Monte
Overview
Del Monte is a 60,000-square-foot historic mixed-use property near Forest Park and the Central West End in St. Louis. The investment supported a comprehensive renovation and repositioning of the residential component. At the time of investment, the apartments were approximately 85% leased; following renovation and stabilization, occupancy reached 100%.
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Wireworks
Overview
Wireworks is a historic mixed-use property in St. Louis's Lafayette Square submarket. The investment includes 80 residential units and commercial space, with a renovation strategy led alongside The Broadmoor Group.
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The Oscar
Overview
The Oscar is a multifamily development in Sheboygan, Wisconsin consisting of 240 residential units and an on-site Kwik Trip. PPAF invested through preferred equity alongside Green Street St. Louis.
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Self Storage
Storage investments in markets with attractive fundamentals and demand-driven absorption.
Portfolio Investment
Gravois Storage
Overview
Gravois Storage is a self-storage development in St. Louis completed with TRG. The project consists of a climate-controlled facility on approximately 5.2 acres with stabilization originally targeted for 2024.
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Melbourne
Overview
Melbourne Storage is a self-storage land development investment with TRG. The project includes 662 rentable storage units totaling approximately 89,250 square feet, with an expected two-year project duration.
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Industrial
Industrial, logistics, and specialty facilities serving users across high-demand commercial corridors.
Realized Investment
Thermo Tech
Overview
Thermo-Tech is a single-tenant industrial investment in the greater Minneapolis market. The approximately 191,000-square-foot property was fully leased to Thermo-Tech under a long-term net lease.
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Providence Hill
Overview
Providence Hill is a newly constructed industrial building in the greater Kansas City market. The property is fully occupied by Goodman/Daikin under a 10-year lease and serves as a regional distribution and sales center.
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BDL Supply
Overview
BDL Supply is part of an industrial portfolio consisting of two fully leased single-tenant manufacturing facilities in Belvidere, Illinois. PPAF II invested alongside Hom Properties through a JV equity structure.
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Princeton
Overview
Princeton is an approximately one-million-square-foot industrial portfolio anchored by Toyota Motor Manufacturing Indiana. The investment supports Toyota's Princeton manufacturing complex and was acquired through a JV with experienced Midwest industrial operators.
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Core 45
Overview
Core 45 Industrial Park is a planned industrial complex in South Dallas. PPAF led a GP co-investment alongside an operating partner affiliated with Threecore, with institutional financing partners supporting the development.
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Park 100
Overview
Park 100 is a Class A industrial property in northwest Indianapolis near I-465, downtown, and the international airport. The investment was completed with Sansone Group and institutional partners using a value-add lease-up strategy.
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Land Development
Strategic land positions and development opportunities across targeted growth markets.
Realized Investment
Champions Gate
Overview
Champions Gate is a land development project along Interstate 4 in metro Orlando completed with DDC Management. The project was entitled for 420 multifamily units and partnered with institutional equity and lending capital for development.
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PPAF Cap5 Pursuit Fund
Overview
The PPAF Cap5 Pursuit Fund is a targeted pursuit-capital venture focused on entitling land for future residential, industrial, and self-storage development projects across the Southwest.
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Ford Plot
Overview
The Ford Plot is a land development project along Interstate 4 in DeLand, within metro Orlando, completed with DDC Management. The project was planned for entitlement and development of residential lots for sale to national homebuilders.
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Commercial
Commercial investments supported by location, tenancy, and long-term market relevance.
Realized Investment
Eastlake at Tillery
Overview
Eastlake at Tillery is an office development in Austin's rapidly growing East submarket. PPAF invested at the GP level alongside sponsor CREA and development partner Greenbelt Commercial.
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Investment Snapshot