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COMPANY OVERVIEW

APPA Real Estate provides accredited investors opportunities to invest their capital alongside experienced operating partners who have a proven track record of successfully delivering attractive risk-adjusted returns.

As a real estate investment firm, our goal is to help investors build long-term wealth and passive income streams through a diversified offering of multifamily value-add and development investments located in growing regions across the Western U.S.

Our senior management team has been investing on behalf of institutional advisors, pension funds, private equity firms and individual investors for the past 20 years. We believe the apartment market, as an investment class, offers investors greater returns with less risk than other investments. Because we generally target middle-market opportunities, our assets are less reliant on business cycles for occupancy, giving way to a stronger tenant base and lower vacancy rates.

INVESTMENT FOCUS

ACQUISITION STRATEGY

SUSTAINABILITY

We focus on distressed, underutilized urban properties and transform them into high-performing, in-demand residential and mixed-use assets. Our strategy is not theoretical—it’s forged from the front lines of market crashes, regulatory mazes, and failing developments. We do exhaustive market research—looking at job growth, demographic trends, vacancy rates, and cap rate spreads. If a deal doesn’t project a minimum 20% IRR and 2X equity multiple with conservative leverage and strong fundamentals, we walk. But when the numbers align, and the story behind the asset makes sense—we move fast. Every project is pressure-tested for economic resilience. We don’t speculate. We solve, we build, and we return capital—with profit.

Our core focus is Southern California. But not just any part of Southern California—we target specific infill neighborhoods where demand for housing vastly outpaces supply. These are markets that remained strong through the last recession, the COVID pandemic, and countless economic cycles. In areas like Mid-Wilshire, Hollywood, and East Pasadena, we’ve identified a pattern: small, single-story retail dying out, leaving behind prime locations for redevelopment. Where others see blight, we see blueprint. Los Angeles isn’t overbuilt—it’s severely under-housed. We’re capitalizing on this moment and doing it in a way that aligns with zoning, city codes, and long-term demographic needs.

APPA targets distressed assets within well-established markets that are familiar to us. We pursue two primary types of distressed opportunities: asset-owner distress and building distress. Asset-owner distress exists when a current property owner has experienced various challenges that must be solved independently of the market and or building. On the other hand, building-distress exists when physical assets may not have been properly maintained and or are not up to current codes and therefore require significant capital expenditures and workout expertise to turnaround. Both types of distress present unique opportunities and challenges that exist throughout the full economic cycle, thus offering APPA the ability to succeed through up and down markets.

Our goal is to deliver a real, physical asset that outperforms today’s building standards. At APPA, we strive to meet or exceed California Title 24 and LEED building standards. APPA strives to leverage and embrace existing public transportation options such as Metro rails, bike-ability, walkability, and ride-share alternatives.

TEAM

AARON MARZWELL

CEO

BRIAN RINSKY

CFO