PRIME RESIDENTIAL
West Coast Multifamily Owner and Operator
20,000+
Units owned
Located primarily on
the West Coast
$6 Billion
AUM
Gross assets under management
33+
Years of experience
Multi-cycle
track record
500+
Employees
Vertically-integrated
platform
INVESTMENT CRITERIA
Prime Residential utilizes a flexible, opportunistic approach to identify and evaluate potential investments
Prime Residential actively seeks multifamily properties located in major markets within California, Oregon and Washington. As a private firm with discretionary equity, we aim to offer sellers efficient evaluations and certainty of close. Our flexible transaction structuring accommodates complex situations such as 1031 exchanges, TICs, extended escrows and tax-driven partial sales.
​
Our focus on long-term ownership provides a rare investment viewpoint, and our capital structure allows us to consider large portfolios or individual assets. We generally look for investment opportunities that meet the following criteria:
​
-
Major markets in California, Oregon and Washington
-
Existing apartment communities of 75+ units
-
$20M to $500M transaction size
-
Single assets and portfolios
-
Flexible regarding submarket and vintage
-
Prefer garden style communities but open to mid-rise and high-rise
OUR PORTFOLIO
Expansive apartment portfolio stretching from Seattle to San Diego
Prime Residential’s asset and property management teams work in close partnership to oversee the performance of our portfolio. The asset management team leads portfolio-level strategy, drives financial performance, and focuses on maximizing long-term asset value. In parallel, the property management team is responsible for on-the-ground execution at each community, ensuring a high-quality living experience for our residents. Through our vertically integrated platform, we are able to streamline operations, enhance collaboration, and accelerate decision-making across our portfolio of more than 20,000 units.
The Gallery at Playa Pacifica​
Hermosa Beach, CA | 454 Units
Domain Apartments
San Jose, CA | 444 Units
Aspens at Belvedere
Seattle, WA | 308 Units
These properties are a representative sample of the property types, geographies and hold periods applicable to Prime Residential’s investments but do not purport to describe all the investment types that Prime Residential has previously made or will make in the future, each was made in economic and market conditions which may not be replicated in the future.
ABOUT US
Prime Residential is an established owner and operator of multifamily properties. Since its founding in 1992, Prime Residential has built a vertically integrated platform focused on acquiring, renovating, and managing quality assets in high-barrier, resilient West Coast markets. With $6 billion of assets under management and 500+ employees, the platform provides extensive experience on an institutional scale across a portfolio of 20,000+ units.
Headquartered in San Francisco with regional offices throughout the West Coast, Prime’s diverse and inclusive culture strengthens its operations, fosters innovation, and supports a collaborative environment that seeks to deliver long-term value.