Rise Select

About Rise Select

Rise Select is a real estate operator headquartered in Hopkins, MN. Rise Select operates in Cincinnati, Ohio, Corpus Christi, Texas and Huntington-Ashland, West Virginia-Kentucky-Ohio. Its investment focus is on Student Housing.

Rise Select is a Minneapolis-area real estate investment and operating company founded in 2018 by Ryan Schmidt and Gopal Sadagopal. The firm began with multifamily acquisitions and shifted its strategy in 2020 to focus exclusively on student housing. As of 2026, Rise Select reports 16 acquisitions, more than $211 million of assets under management, 6,500+ student-housing beds, and more than 200 investors. The company targets underperforming student housing properties where operational improvements, renovations, leasing execution, and repositioning can increase occupancy and cash flow. Its current and historical portfolio includes properties in Pennsylvania, New York, Texas, Ohio, Missouri, West Virginia, Illinois, and Oklahoma, generally serving universities in secondary and regional college markets. Rise Select also raises equity from accredited investors and co-invests alongside them in acquisitions. LinkedIn lists the company at 51–200 employees, while its founders bring more than 50 years of real estate experience across single-family, multifamily, and student housing.

Principals at Rise Select