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 has 22 years of continuous operating history. The firm manages its regional operations with a dedicated professional workforce of approximately 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 a multi-state footprint that spans the Midwest, Mid-Atlantic, Northeast, and Southeast regions, PIRHL collaborates closely with local municipalities and non-profit housing developers. Its fully integrated model handles the complete property lifecycle from initial concept and complex tax-credit financing (including LIHTC) to physical construction and in-house asset management. The company's historical portfolio comprises more than 60 completed and active developments representing over 7,500 residential units and more than 1 billion dollars in total development costs. Notable projects in its development and rehabilitation pipeline include a 56-unit senior living mid-rise in Ohio, a 59-unit adaptive reuse multifamily property in Maryland, a 75-unit senior living community in New Jersey, and a 223-unit apartment renovation in Baltimore.

Principals at PIRHL