37th Parallel Properties is a Richmond, Virginia-based real estate investment firm specializing in multifamily properties across the South and Southeast United States. Established in 2008, the firm has built a diversified portfolio of Class A and B multifamily communities in high-growth Sunbelt markets, characterized by strong demographic trends, high resident demand, and favorable supply dynamics. With over 16 years of experience, 37th Parallel has closed more than $1.1 billion in transactions and currently manages $652 million in assets, maintaining a 100% profitable investment track record.

The firm’s investment strategy focuses on acquiring and managing institutional-quality multifamily assets, leveraging a systematic approach that combines current income generation with capital appreciation. Their team, boasting over 100 years of combined experience, has transacted on more than 10,000 units, emphasizing properties in markets with strong economic fundamentals and exit liquidity.

37th Parallel offers investment opportunities through both private funds and single-asset acquisitions, catering to high-net-worth individuals, family offices, and institutional investors. Their offerings are designed to provide tax-efficient wealth building, with an average annualized return of 26.7% and a 2.10x multiple on invested capital.