Their story began in 2002 with a vision to help individual investors build wealth through commercial real estate investments. Founder and CEO Monte K. Lee-Wen built The PPA Group and turned it into a successful multi-faceted commercial investment and servicing corporation in just 15 years.
In the fall of 2006, The PPA Group moved its offices from Seattle, Washington to the beautiful hill country that is Austin, Texas. Despite the changes in the financial markets, they have managed to grow The PPA Group family and its portfolio of clients. The PPA Group ranked 11th in INC. Magazine’s annual ranking of the Fastest Growing Real Estate Companies in the country in 2010, climbing up from 47th place in 2010.
As the parent company of a property management firm and discretionary funds firm, PPA is in a position to create opportunities for investors to enjoy all the benefits of multifamily real estate ownership.
The PPA Group, (PPA) is a privately held, commercial real estate investment and development company headquartered in Austin, Texas. PPA specializes in multifamily properties in Texas and throughout the United States. For more information, visit www.theppagroup.com.
The PPA Group creates opportunities for investors to enjoy the benefits of multifamily real estate ownership.
The PPA Group seeks core-plus, value-add, and opportunistic investments located primarily in metropolitan areas, with an emphasis on Texas and other southwestern states. By staying focused on this niche, they have become experts in these markets. They leverage their knowledge through the sourcing, due diligence, execution, and exit process to maximize operating cash flow and unlock potential value for their investors.
They have a conservative approach to investing. Investment opportunities should, first and foremost, have a justifiable return on investment. They typically incorporate a three to five year holding period and target high, single digit cap rate with an expected IRR of 18%+.
