The Praedium Group

The Praedium Group is a privately-held real estate investment firm specializing in the acquisition and management of middle-market multifamily properties throughout the United States. Founded in 1991, the firm has sponsored a series of private equity funds and separate investment vehicles, investing over $13 billion on behalf of clients including public and corporate pension funds, financial institutions, insurance companies, foundations, and endowments. Praedium sources transactions through an extensive network developed over three decades with real estate owners, financial institutions, and industry professionals.

Praedium's investment strategy focuses on value enhancement, targeting underperforming and undervalued assets. The firm implements specific, targeted business plans for each property, which may include amenity additions, unit renovations, and cost-cutting enhancements. Praedium concentrates on approximately 20 markets, allowing for close monitoring and boots-on-the-ground research. The firm's expertise in complex transactions includes debt, equity, and hybrid structures, enabling rapid evaluation and closing of investments to meet the objectives of sellers, partners, and lenders.

With offices in New York and Florida, Praedium's team comprises seasoned real estate professionals with extensive experience in investments, development, leasing, asset management, law, workouts, finance, accounting, and investor reporting. The senior officers have an average of 39 years of experience in the real estate industry and have worked together for an average of 27 years. This depth of experience and collaborative approach has enabled Praedium to successfully navigate various market cycles and deliver value to its investors.