PIRHL

About PIRHL

PIRHL is a real estate operator headquartered in Cleveland, OH. PIRHL operates in Baltimore, Maryland, Charlotte, North Carolina and Chicago, Illinois. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Ground-up.

PIRHL is a private, vertically integrated real estate investment, development, and construction firm headquartered in Cleveland, Ohio. Founded in 2004, the company operates with 22 years of continuous industry history, maintaining a professional workforce of 51 to 200 real estate, construction, and asset management specialists. The enterprise focuses its real estate strategy on the development, general contracting, and long-term ownership of high-quality affordable, workforce, and senior housing. Operating across the Midwest, Mid-Atlantic, Northeast, and Southeast regions, the firm collaborates with municipalities and non-profit partners through a fully integrated model handling the complete property lifecycle. The company's portfolio comprises more than 60 completed and active developments representing over 7,500 residential units and more than $1 billion in total development costs. Notable projects include the Wemrock Senior Living community in New Jersey, St. Hedwig Senior Apartments in Ohio, The Cottages at Riverview, and various adaptive reuse and multifamily residential transformations across its regional footprint.

Principals at PIRHL

Recent activity at PIRHL

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PIRHL's project portfolio

13 projects on file · Mixed-Use (7), Residential (general) (4), Affordable Housing (2)

Markets and themes

Markets PIRHL operates in

• Baltimore, Maryland
• Charlotte, North Carolina
• Chicago, Illinois
• Cincinnati, Ohio
• Cleveland, Ohio
• Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
• Toledo, Ohio
• Trenton-Princeton, New Jersey

Investment themes at PIRHL

• Affordable Housing
• LIHTC
• Multifamily - Ground-up
• Multifamily - Value-Add
• Senior Housing
• Workforce Housing

Capabilities

• Construction Management
• Economic Development
• Public-private partnerships
• Site Development
• Sustainability
• Transit-oriented development
• Urban infill

Operators similar to PIRHL

• Greystone & Co., II LLC
  Institutional tierTrenton-Princeton, New JerseyCincinnati, Ohio+4 more marketsLIHTCMultifamily - Value-Add+4 more themes
• The NRP Group
  Institutional tierBaltimore, MarylandRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+3 more marketsSenior HousingAffordable Housing+4 more themes
• EQT Exeter
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• Gilbane Development Company
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• Morgan Properties
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• Pennrose
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• Flaherty & Collins Properties
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• McCormack Baron Salazar
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• Foundry Commercial
  Institutional tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)Charlotte, North Carolina+1 more marketSenior HousingWorkforce Housing+3 more themes
• The Community Builders
  Institutional tierCincinnati, OhioChicago, IllinoisSenior HousingWorkforce Housing+4 more themes

Frequently asked questions about PIRHL

What does PIRHL do?

PIRHL is a private, vertically integrated real estate investment, development, and construction firm headquartered in Cleveland, Ohio.

Where is PIRHL based?

PIRHL is headquartered in Cleveland, OH.

What markets does PIRHL operate in?

PIRHL is active in Baltimore, Maryland, Charlotte, North Carolina, Chicago, Illinois, Cincinnati, Ohio, Cleveland, Ohio, and Raleigh-Durham, North Carolina (Research Triangle Park - RTP).

How many employees does PIRHL have?

PIRHL has 51–200 employees.