Andreas Papageorge

Mile Rock Capital is a value-oriented real estate private equity firm. We manage and oversee discretionary real estate funds that invest in all property types and across the capital structure both directly and alongside strategic operating partners. Since inception, we have acquired assets totaling $2.0 billion in value with a diverse group of investors including institutions, endowments, foundations, and family offices. We take a fundamental value approach to investing in real estate by targeting well-located properties with disproportionate margins of safety relative to their underlying risk. Our strategy is underpinned by the belief that the ability to make long-duration investments allows us to take advantage of both near and long-term value catalysts in order to maximize returns throughout the real estate cycle. We attempt to identify structural, operational, or capital inefficiencies that can be addressed with active management. Our primary target markets include Northern & Southern California, Seattle, Salt Lake City, Denver, Austin, Dallas, Houston, Raleigh, and Nashville.