Slippery Rock, PA is a beautiful place filled with stunning public parks, convenient shopping, and delicious restaurants. We have a central location that’s just a mile away from SRU. The Heights is an off-campus retreat away
Slippery Rock, PA is a beautiful place filled with stunning public parks, convenient shopping, and delicious restaurants. We have a central location that’s just a mile away from SRU. The Heights is an off-campus retreat away from the hustle and bustle. This off-campus housing community features four-bedroom apartment homes with fully furnished interiors, expansive living spaces, and private bedrooms and bathrooms.
Broad Street Commons is a 5- to 10-minute walk to SUNY Plattsburgh, so students will get the ultimate living experience — close-to-campus convenience from a vibrant apartment community centrally located in the heart of the
Broad Street Commons is a 5- to 10-minute walk to SUNY Plattsburgh, so students will get the ultimate living experience — close-to-campus convenience from a vibrant apartment community centrally located in the heart of the city. Our goal is to provide you the best, including the super conveniences of all-inclusive rent, fully furnished floor plan options, a fantastic location, and so much more.
The Reserve at Saluki Pointe is a 17-building, 3-story housing complex totaling 228 units and 768 bedrooms, constructed only 13 years ago. It is currently marketed as a student housing community. The complex is located in Carbondal
The Reserve at Saluki Pointe is a 17-building, 3-story housing complex totaling 228 units and 768 bedrooms, constructed only 13 years ago. It is currently marketed as a student housing community. The complex is located in Carbondale, Illinois, a city in the southernmost portion of Illinois near its border with Missouri and Kentucky. The city houses Southern Illinois University, a public research university established in 1869.
University Village in Carbondale, Illinois (Investment type: Syndicated "Rise Opportunities V") is yet another prime example of huge potential hindered by mismanagement by previous ownership. We've hit the ground running to tur
University Village in Carbondale, Illinois (Investment type: Syndicated "Rise Opportunities V") is yet another prime example of huge potential hindered by mismanagement by previous ownership. We've hit the ground running to turn the property's vacancy issues around and bring out the full potential of this strong investment while providing top-notch housing to residents. Thanks to the investors that made it possible!
Caprock Apartments in Pampa, Texas (Investment type: Syndicated "Rise Opportunities IV"), was a "bread & butter" type purchase for Rise Capital: grea
Caprock Apartments in Pampa, Texas (Investment type: Syndicated "Rise Opportunities IV"), was a "bread & butter" type purchase for Rise Capital: great bones with lots of room for improvement. In just a few short months of ownership, Rise successfully increased occupancy from 68% when we purchased it to around 95%.
Fox Valley Apartments in Lawton, Oklahoma (Investment type: Syndicated "Rise Opportunities III"), was a classic case of underperformance. Using our
Fox Valley Apartments in Lawton, Oklahoma (Investment type: Syndicated "Rise Opportunities III"), was a classic case of underperformance. Using our proven management practices, we improved rental marketing and created more flexible leasing policies. The occupancy rate improved immediately and within three months we provided cash returns to investors equivalent to 8% (annualized).
Briarwood Apartments in Woodward, Oklahoma (Investment type: Syndicated "Rise Opportunities II"), had 70% occupancy in a market that had an averag
Briarwood Apartments in Woodward, Oklahoma (Investment type: Syndicated "Rise Opportunities II"), had 70% occupancy in a market that had an average of 85%+ occupancy. Its operational expenses were also running substantially higher than normal. Immediately after our purchase, we improved rental marketing, created more flexible leasing policies and reduced operating expenses. The occupancy increased to over 80% within a few months.
Heartland Village in Normal, Illinois (Investment type: Syndicated "Rise Opportunities I"), was the first syndicated investment opportunity off
Heartland Village in Normal, Illinois (Investment type: Syndicated "Rise Opportunities I"), was the first syndicated investment opportunity offered by Rise Capital to outside investors, in other words, not just the original Rise Capital founders/investors. Heartland Village is comprised of 18 buildings totaling 144 units. It is predominantly a student housing complex next to Heartland Community College and close to Illinois State University. Heartland Village has provided preferred returns to investors in 2018 and 2019 at an annual rate of 8% each. In 2020 and despite the current Covid-19 situation and its nationwide impact on student housing; Rise Capital has expertly managed the property and covered all of its financial obligations and operational expenses. We are very confident in the long-term success of this property. It has a unique advantage for social distancing, with each unit having its own separate private entrance, and with each resident having their own separate bedroom and bathroom. Additionally we are also in the process of upgrading some of the buildings to ultimately boost rental rates. This is an example of how Rise stays flexible and strong even when challenges present themselves.
Pine Terrace in Lawton, Oklahoma (Investment type: Privately funded by only the Rise Capital, LLC founders), had a 70% occupancy rate when Rise purch
Pine Terrace in Lawton, Oklahoma (Investment type: Privately funded by only the Rise Capital, LLC founders), had a 70% occupancy rate when Rise purchased it. The Rise management team immediately improved the occupancy rate and significantly reduced the operating expenses. Currently Pine Terrace is operating at over 95% occupancy, and was able to generate over $300,000 in cash in the first 2 years. The overall value of the property has also increased.
Living West End (LWE) in Grand Rapids, Minnesota (Investment type: Privately funded by only the Rise Capital, LLC founders), was primarily a student housing complex comprising of 24 four bedroom units an
Living West End (LWE) in Grand Rapids, Minnesota (Investment type: Privately funded by only the Rise Capital, LLC founders), was primarily a student housing complex comprising of 24 four bedroom units and six two bedroom units situated on 4.9 acres. LWE is located within walking distance of Itasca Community College. This property was previously called Wannigan Apartments. Rise rebranded the property, installed our management team and made improvements and renovations that resulted in increased occupancy and also added to the overall property value. The property has returned over $103,000 in cash that was distributed back to the Rise founders/investors. In 2020 and despite the current Covid-19 situation and its nationwide impact on student housing; Not only did Rise Capital expertly manage the property and cover all of its financial obligations and operational expenses, but Rise also switched gears by retooling the property to appeal to small-family-style renters. This has already proven to be a brilliant transition to retain solid cash flows. LWE is currently at 100% occupancy. This is an example of how Rise stays flexible and strong even when challenges present themselves.
Southdale Apartments in Hutchinson, Minnesota (Investment type: Privately funded by only the Rise Capital, LLC founders), was a property that needed minor improvements and better management. Since the purchase it has returned $329,000 in cash tha
Southdale Apartments in Hutchinson, Minnesota (Investment type: Privately funded by only the Rise Capital, LLC founders), was a property that needed minor improvements and better management. Since the purchase it has returned $329,000 in cash that was distributed back to the Rise founders/investors, and the property has increased in overall value. Additionally the property was approved for a Greater Minnesota Housing Fund renovation for a grant of $500,000 for improvements. After a 5 year period this grant will be forgiven, adding even more significantly to the overall value of the property.
Leon Apartments in Leon, Iowa (Investment type: Privately funded by only the Rise Capital, LLC founders), is a 24 unit complex in a rural town about an hour south of Des Moines, Iowa. After 2 1/2 years of solid
Leon Apartments in Leon, Iowa (Investment type: Privately funded by only the Rise Capital, LLC founders), is a 24 unit complex in a rural town about an hour south of Des Moines, Iowa. After 2 1/2 years of solid operations and management, Rise sold this property in October 2018. The total returns back to the Rise founders/investors over the life of this investment was 112%, or 44.8% per year.
Managing Principal
Gopal Sadagopal has an M.S. in structural engineering and an MBA.
Gopal has been an active real estate investor since 2010. His real estate holdings included condos and townhouses in Minnesota and Virginia before partnering with Ryan Schmidt to focus on the purchase of large apartment buildings.
Managing Principal
Ryan Schmidt holds a B.A. in Business Administration from Minnesota State University, Mankato. After building up a sizable portfolio from 2009 to 2014, Ryan partnered with Gopal Sadagopal in 2015 and they continued to buy apartment complexes as a team. Ryan is also a commercial pilot flying for Delta Airlines.
Chief Executive Officer
Ryan Ferguson is focused on charting Rise Capital's growth while ensuring a positive experience for Rise Capital's investors. Ryan started out as an airline pilot, where he met Ryan Schmidt in 2008. "The Ryans" found a common passion in real estate and went on to invest in 48 single family homes and a 40 unit apar
Chief Executive Officer
Ryan Ferguson is focused on charting Rise Capital's growth while ensuring a positive experience for Rise Capital's investors. Ryan started out as an airline pilot, where he met Ryan Schmidt in 2008. "The Ryans" found a common passion in real estate and went on to invest in 48 single family homes and a 40 unit apartment building. Ryan enjoys traveling with his wife and their three young daughters.
Director of Operations
Josh Page oversees Rise Capital's property operations on behalf of Headway Management, Rise's in-house management company. He was part of a major real estate agency prior to starting with Rise Capital. Josh is an avid sports fan and loves to golf & cruise around on his motorcycle. Josh enjoys Rise Capital's cultur
Director of Operations
Josh Page oversees Rise Capital's property operations on behalf of Headway Management, Rise's in-house management company. He was part of a major real estate agency prior to starting with Rise Capital. Josh is an avid sports fan and loves to golf & cruise around on his motorcycle. Josh enjoys Rise Capital's culture and loves providing a direct impact on the company's growth.
Chief Operating Officer
Girijaa Doraiswamy is a seasoned technology implementer. She has led the development of industry-specific applications for schools, sports associations, and TV broadcasting. In the case of Rise Capital, Girijaa develops and manages multiple tech-focused systems and projects in development. She has a Bachelor's de
Chief Operating Officer
Girijaa Doraiswamy is a seasoned technology implementer. She has led the development of industry-specific applications for schools, sports associations, and TV broadcasting. In the case of Rise Capital, Girijaa develops and manages multiple tech-focused systems and projects in development. She has a Bachelor's degree in Electronics Engineering. Girijaa has been working with Gopal Sadagopal for the last 13 years. She resides in India with her husband and a daughter who keeps her non-work hours gleefully occupied.
Locating suitable apartment complexes with upside potential is the most important thing we do. We look for situations where the bones are good but certain things can be corrected in order to add income.
The purchase price of an apartment complex is directly related to the income it is producing. If a property is not being managed to its full potential, that allows us to buy it at a competitive price with room for income & value improvement after we own it.
It has been said, "The day you make a profit in real estate is the day you buy the property." In other words, don't overpay!
We use our extensive experience to negotiate and purchase apartment complexes at prices that allow for us to add value once we own it. It's OK with us to pass up on an opportunity that might have a high return if we are not fully satisfied with the risk assessment or price.
We take immediate steps after buying a property to improve occupancy rates and increase rent revenues. We work with our asset managers to eliminate problem areas affecting occupancy or expenses. This increases not only the monthly cash flow, but also the value of the property when we sell, as value is directly tied to net income.
We hire competent in-house maintenance personnel to reduce costs while increasing property values. We make frequent improvements to properties to increase the appeal for potential renters and help increase income.
We like properties that have fixable problems such as low performing staff, ineffective marketing, and poor curb appeal.
We are able to leverage our strengths and produce optimal cash flow on properties with greater than 100 units.
We believe strong cash flow is the best way to provide attractive returns while exposing investors and ourselves to the least amount of risk.
We focus on "tertiary markets," small to mid-size town & cities, that have long records of stable occupancy rates with relatively low risk to economic fluctuations.
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