Multifamily. Student Housing.
IRA Capital’s multifamily and student housing strategy focuses on acquiring high-quality multifamily communities—primarily in California—as well as purpose-built student housing assets in select target markets across the United States. The firm targets well-located properties in supply-constrained markets supported by strong demographic trends, leading universities, and durable rental demand fundamentals.
IRA has developed a consistent track record of generating attractive risk-adjusted returns through a disciplined investment approach centered on stable quarterly cash flow and long-term capital appreciation. By partnering with best-in-class local and national property management teams, the firm enhances operational efficiency, elevates the resident experience, and optimizes asset performance across market cycles, positioning the portfolio for resilient income and sustained value creation.
Featured Transaction: Summit at Coates Run
Summit at Coates Run is a Class A luxury student housing community serving Ohio University and its approximately 21,848 students. The property consists of 856 beds across 239 units and is among the newest and most desirable purpose-built student housing assets in the market, distinguished by a robust amenity package tailored to student residents.
During its hold period, IRA executed a focused operational enhancement strategy that significantly increased net operating income. By reducing operating inefficiencies, optimizing rental rates, and maintaining above-market occupancy levels, the firm drove meaningful cash flow growth and strengthened the asset’s overall market positioning.