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
• 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.
Prospect’s Aurora multifamily housing portfolio offers studio, 1, 2 and 3 bedroom apartments in Aurora, CO across the street from the Fitzsimons Innovation Community.
Residential Units: 154
Prospect’s Boulder portfolio includes conventional multifamily housing, student housing and retail properties in historic buildings with irreplaceable architectural character and locations.
Residential Units: 33
Student Bedrooms: 34
Retail Units: 2
Castle Rock, Colorado
Prospect’s Castle Rock apartments offer rare downtown living in Castle Rock, CO, a highly desirable community in the heart of Colorado’s Front Range.
Residential Units: 34
Prospect’s Denver apartments are located in the heart of LoHi, home to many of the city’s most popular restaurants, bars, coffee shops and social venues.
Residential Units: 18
Prospect’s Philadelphia student housing portfolio offers Class-A 1, 2 and 3 bedroom apartments in the University City district of Philadelphia.
Student Bedrooms: 136
San Francisco, Silicon Valley and the East Bay
Our minimum investment threshold for new purchases is $10M and we will consider deals up to $100M in gross asset value.
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.
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.