What Origin Investments does

Origin Investments is a Chicago-based private real estate investment manager founded in 2007 by Co-CEOs David Scherer and Michael Episcope. The firm acquires, develops, and operates multifamily residential properties concentrated in high-growth Sun Belt and Mountain West submarkets. As of December 31, 2024, Origin reported approximately $3.3 billion in assets under management and $4.3 billion in cumulative transactions executed, spanning 48 realized deals. The IncomePlus Fund, the flagship open-end vehicle, held a portfolio of 33 properties with roughly 7,300 units and posted a Q1 2026 NAV of $608.5 million, up 24% from $490.5 million at year-end 2024.

The investment platform is organized around three investor priorities: income generation, long-term appreciation, and tax efficiency. Core offerings include the IncomePlus Fund (recurring income plus growth), the Select Asset Fund ($100 million opportunistic ground-up development vehicle targeting 14%–18% net IRR), the Origin Exchange DST platform for 1031 exchanges (launched June 2024, ~$140 million raised across four offerings), the QOZ Program across three funds, and Individual Deal co-investments and syndications. Origin Credit Advisers, an SEC-registered affiliate founded in 2023, provides yield-focused multifamily debt investments. Underpinning investment decisions is Multilytics, a proprietary machine-learning platform developed over four years by a four-person data science team that ingests billions of data points monthly to forecast rent growth at submarket granularity.

Origin's revenue model combines recurring management fees on assets under management with carried interest on returns above preferred return thresholds, aligning manager compensation with investor outcomes. Distribution is multi-channel: direct through a Juniper Square-backed investor portal, via RIA platforms CAIS and iCapital, and through an in-house Private Wealth Solutions team serving registered investment advisors. Target customers are accredited investors, high-net-worth individuals, and family offices, with minimum investments ranging from $50,000 for the IncomePlus Fund to $250,000 for DST properties. The founders have personally co-invested over $94 million alongside investors since inception.

Name

Origin Investments

Legal name

Origin Investments Group, LLC

Website

https://origininvestments.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Origin Investments is a Chicago-based private real estate manager founded in 2007 that acquires, develops, and operates multifamily properties across Sun Belt and Mountain West markets, managing approximately $3.3 billion in assets through funds serving accredited investors, family offices, and RIAs.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Origin charges management fees on assets under management across its fund vehicles. Fees are standard for private real estate fund managers.
2. Carried Interest (Performance Fees): The firm earns carried interest on fund returns above preferred return thresholds, aligning manager and investor interests. Team compensation is performance-based.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Origin Investments is a private real estate investment manager that acquires and operates institutional-quality multifamily properties across U.S. Sun Belt and Mountain West markets on behalf of accredited investors. It sells interests in a family of fund vehicles — including the IncomePlus Fund, Select Asset Fund, Private Credit, Origin Exchange DSTs, QOZ Funds, and Individual Deals — generating revenue through management fees and carried interest. Underwriting is supported by Multilytics, a proprietary AI/ML rent forecasting platform.

Product overview

Origin Investments operates as a private real estate fund manager offering a portfolio of multifamily-focused investment products organized around three core strategies: income generation (IncomePlus Fund, Private Credit), appreciation/growth (Select Asset Fund, Individual Deals), and tax efficiency (Origin Exchange, QOZ Program). The IncomePlus Fund serves as the flagship product, while the Select Asset Fund targets opportunistic ground-up development. Origin Exchange provides access to DST properties for 1031 exchanges, and the QOZ Program offers tax-advantaged opportunity zone investments. The firm also offers individual deal-level access through co-investments and syndications. Multilytics is the proprietary AI-powered analytics platform underlying investment decisions across all strategies.

Differentiator

Problem solved

Functional benefit

Brands

• Origin Credit Advisers: SEC-registered investment adviser providing yield-focused multifamily debt investments for qualified purchasers
• Origin Exchange
• Multilytics
• IncomePlus Fund
• Select Asset Fund
• Growth Fund I-IV
• QOZ Fund I-III

Products and services

• IncomePlus Fund Origin's flagship open-end, all-weather multifamily fund designed to generate recurring monthly income with potential for long-term growth through a diversified portfolio of multifamily properties across Sun Belt and Mountain West markets. Minimum investment $50,000-$100,000. For accredited investors seeking passive income and appreciation.
• Private Credit Fund Yield-focused multifamily debt investments offered through Origin Credit Advisers, an SEC-registered investment adviser. Provides professionally managed real estate credit exposure backed by multifamily assets, available to all investors without accreditation requirements.
• Select Asset Fund A $100 million opportunistic multifamily strategy targeting ground-up developments in fast-growing Sun Belt and Mountain West markets. Targets 14%-18% net IRR with 1.5x-1.7x equity multiple over a four-year horizon, with co-investment opportunities for investors committing $500,000+ (no fees/no carry for first five years on capital above threshold).
• Individual Deals (Sidecar Co-Investments & Syndications)

Quantifiable outcome

• IncomePlus Fund delivered 7.1% (1-Y), 5.5% (3-Y), 9.3% (5-Y) returns as of April 30, 2026, outperforming peer set average of 4.6%, 0.4%, 5.1%
• +5 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• Stillwater CapitalcoreStrategic or Co-development PartnerJoint venture partnership for The Ellison, a 380-unit luxury multifamily community in Chandler, Arizona. The Ellison kicks off development of The District Downtown, a 45-acre mixed-use development. Origin provides equity investment on behalf of IncomePlus Fund; Stillwater Capital serves as developer. This is the first collaborative project between Stillwater Capital and Origin Investments.
• Confluence CompaniescoreStrategic or Co-development PartnerJoint venture for Brickyard Apartments, a 298-unit community in Castle Rock, Colorado. Development is part of Confluence's 31-acre master-planned development anchored by Castle Rock Sports Center. Origin invests through IncomePlus Fund; Confluence serves as developer, builder, and property manager.
• The NRP GroupcoreStrategic or Co-development PartnerPartnership for Medina Station, a 353-unit upscale multifamily community in Mesa, Arizona within a 60-acre master planned community. This represents the third multifamily ground-up development partnership between Origin and NRP. U.S. Bank provides debt capital for the project expected to complete in 2028. Previous partnerships include Haynes Lofts (353 units, San Antonio) and Rodeo Drive PFC (340 units).
• Origin Credit AdviserscoreOthersAffiliate firm founded in 2023, an SEC-registered investment adviser that provides yield-focused multifamily debt investments through Private Credit fund. Available to all investors without accreditation requirements. Offers professionally managed real estate credit fund backed by multifamily assets.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• CrowdStreet: CrowdStreet is an online private real estate investment marketplace that lets individual accredited investors access institutional-quality commercial real estate deals, mirroring Origin's HNW/RIA distribution model. Both compete for the same sponsor-curated multifamily deal flow on advisor platforms like CAIS and iCapital.
• Fundrise: Fundrise operates direct-to-investor private real estate funds (e.g., Interval Fund, eREITs) primarily serving accredited and mass-affluent investors. It overlaps with Origin in the online, fund-based private real estate subscription model, though Fundrise is more diversified across asset classes.
• EquityMultiple: EquityMultiple curates commercial real estate investments (debt and equity) for accredited investors, with a heavy multifamily focus. Like Origin, it distributes through RIAs, uses sponsor-sourced deals, and emphasizes income-oriented real estate strategies.
• RealtyMogul: RealtyMogul offers private real estate funds and individual deals to accredited investors, with multifamily and commercial property exposure. It targets the same HNW/RIA channel as Origin and competes for platform shelf space on CAIS and iCapital.
• Yieldstreet: Yieldstreet is a private market alternative investment platform providing access to real estate, private credit, and other yield-oriented strategies for accredited investors. It directly competes with Origin's Private Credit fund and broader multi-strategy real estate offerings.
• Roofstock: Roofstock is a single-family rental investment marketplace serving individual and institutional investors. While it focuses on SFR rather than multifamily, it competes for the same accredited investor capital seeking passive real estate exposure with similar tech-enabled underwriting.
• Cadre: Cadre is an online commercial real estate investment platform offering sponsor-vetted deals to individual and institutional investors, with a multifamily tilt. It is comparable to Origin in deal curation, technology-driven underwriting, and HNW/RIA distribution.

Broad incumbents

• Blackstone (BREIT): Blackstone's BREIT is a non-traded interval fund investing in multifamily, rental housing, and other real estate for HNW and institutional investors. It is a scaled incumbent against which Origin's IncomePlus and DST products compete on advisor platforms, with vastly greater resources and AUM.

Emerging players

• BlueRock Homes (Arrived): Arrived (formerly Arrived Homes) is an emerging single-family rental investment platform enabling individual investors to purchase shares in individual rental properties. It is comparable to Origin in the tech-enabled, direct-investor private real estate subscription model, though focused on SFR rather than multifamily.
• AcreTrader: AcreTrader is a farmland investment platform offering fractional ownership of agricultural land to accredited investors. It is an adjacent alt-real-estate platform competing for the same HNW digital-investor audience as Origin, though in a different asset class.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCdiMT79OST_AV7Q9mD_txEA
• LinkedInlinkedin.com/company/origininvestments
• Xx.com/origininvests

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Origin Investments