37th Parallel Properties
11–50 employees 4 principals
Last updated
About 37th Parallel Properties
37th Parallel Properties is a real estate operator. 37th Parallel Properties operates in Atlanta, Georgia, Austin, Texas and Charlotte, North Carolina. Its investment focus is on Multifamily - Core, Multifamily - Ground-up and Multifamily - Value-Add.
37th Parallel Properties is a private multifamily real estate investment firm founded in 2008 and based in Richmond, Virginia. The company employs between 11 and 50 people and specializes in acquiring and managing institutional-quality multifamily properties across the South and Southeast United States. Its investment strategy targets income-producing assets, focusing on long-term cash flow and equity growth for high-net-worth individuals, family offices, and institutional investors. Over its 16 years of operation, 37th Parallel has closed more than $1.1 billion in real estate transactions and currently manages $652 million in assets. The firm has acquired over 10,000 apartment units and maintains a 100% profitable track record across all investments. Its portfolio includes both value-add and core-plus multifamily properties, with a geographic focus on high-growth markets in Texas, Florida, Georgia, North Carolina, and South Carolina.