Prospect Investments owns and operates multifamily housing in targeted urban markets.
  We create value with expertise in conventional, student and affordable housing.
  We identify areas of urban growth and renewal driven by expanding academic, medical and cultural institutions.
  Our investments produce long term revenue growth and asset appreciation.


Prospect Investments LLC was founded in 2015 by David M. George.  Prior to founding the firm, Mr. George served in a variety of capacities for Aimco Apartments (NYSE: AIV), one of the premier multifamily real estate investment trusts in the United States, where he supported numerous institutional grade acquisition and development projects ranging from $20-200M, including:

•    New acquisitions in Manhattan and Phoenix

•    Ground-up development projects in Chicago and Boston

•    Redevelopment & rehabilitation projects in Boston, Seattle and Philadelphia

Mr. George is a graduate of Princeton University, where he concentrated in Spanish and Portuguese literature, and holds graduate degrees from The University of St. Andrews and The University of London in addition to an M.B.A. from Oxford University.


Prospect Investments LLC’s partners are far more than providers of capital.


Our investment partners include some of the most knowledgeable and experienced real estate owners in the United States, who help drive the success of our business.


Our commitment to our partners begins with integrity and responsible stewardship, which underpin the active engagement we provide throughout the life of each business partnership.


Our portfolio of equity partners has grown from an original core of real estate specialists to include a variety of private investors and equity firms.

Target Markets


Denver, Aurora, Boulder, Fort Collins, Colorado Springs


Philadelphia, Pittsburgh, Bucks County, Montgomery County, Chester County


Columbus, Cleveland


Las Vegas, Henderson

Investment Criteria

Acquisition Size:

Our minimum investment threshold for new purchases is $10M and we will consider deals up to $100M in gross asset value.

Property Types:

We invest in conventional multifamily housing, student housing & affordable housing.


We purchase stabilized apartment properties, operational assets with renovation potential, and distressed multifamily investments in need of repositioning.

Recent Acquisitions

2005 Goss Street

Boulder, CO

Value-add apartments and townhomes serving The University of Colorado Boulder

1110 13TH STREET

Boulder, CO

Value-add retail and apartments serving The University of Colorado Boulder

3836 Spring Garden

Philadelphia, pa

Class A student housing serving the University of Pennsylvania and Drexel University

Amber Apartments

Aurora, CO

68 unit value add project serving the Fitzsimmons Life Science District

3213 Haverford Ave

Philadelphia, pa

Class A student housing serving the University of Pennsylvania and Drexel University



Class A student housing serving the University of Pennsylvania and Drexel University

3842 Lancaster Ave

Philadelphia, pa

Class A student housing serving the University of Pennsylvania and Drexel University

3460 Madison Ave


Value add loft style apartments, renovations in progress


Prospect Investments LLC is a national real estate investment firm based in Denver, Colorado. We deliver dependable returns by acquiring high-quality real estate assets within specialized operational areas of expertise. We build long-term value by targeting multifamily and student housing assets in markets driven by unique, counter cyclical demand drivers. Our granular level of expertise in this select group of target markets provides the benefits of local ownership to national investors. We are committed to integrity and to disciplined and diligent stewardship of our assets. These commitments are the foundation of our business and the guiding principles behind everything we do. Our investment philosophy begins with the quality of the land on which we acquire assets. In small to medium-sized US cities, we target assets close to major universities, hospitals, and employment centers. In larger cities, we focus on transitional neighborhoods with high concentrations of academic and medical activity and planned future growth. Our core areas of expertise are conventional multifamily housing, student housing and affordable housing programs. We apply active and intensive operational strategies to each asset we own and manage, optimizing cash flows and capturing rising demand in strategic locations.

Denver Office

Philadelphia Office