Griffis Residential
- Company typePrivate
- Founded2009
- HeadquartersGreenwood Village, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Griffis Residential firmographics
Firmographics- Name
- Griffis Residential
- Legal name
- Griffis Group of Companies, LLC
- Website
- https://griffisresidential.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Griffis Residential industry classification
Industry- Product category
- Multifamily Real Estate Investment and Management
- NAICS
- Residential Property Managers (531311)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Griffis Residential is headquartered
LocationHeadquarters
- HQ city
- Greenwood Village
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Griffis Residential business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Apartment Rental Income: Revenue generated from monthly apartment rentals across the company's portfolio of approximately 10,000 units. Residents pay monthly rent based on unit type, location, and lease terms. The company also generates ancillary income from fees, parking, and other resident services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Studio units starting from $1,540-$2,048 per month |
| Unit Pricing | Monthly | 1-bedroom units starting from $1,182-$2,571 per month |
| Unit Pricing | Monthly | 2-bedroom units starting from $1,555-$3,346 per month |
| Unit Pricing | Monthly | 3-bedroom units starting from $2,365 per month |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Griffis Residential product offering
Product offeringCore offering
Griffis Residential is a multifamily real estate investment company that owns, operates, and repositions Class-A apartment communities across growth markets in the U.S. The firm pursues a value-add investment strategy, acquiring underperforming or distressed Class-A properties, reinvesting capital to upgrade them, and operating the stabilized assets. Its activities span direct ownership of rental apartment communities offered to residents and the management of pooled investment vehicles for institutional and high-net-worth capital partners.
Product overview
Griffis Residential is a Denver-based multifamily apartment owner and operator offering a unified apartment living and investment platform. The company operates approximately 10,000 units across 31 apartment communities in 13 U.S. markets, organized under two primary investment vehicles: the open-end Griffis Residential Income Trust (GRIT) targeting core/core-plus properties, and the closed-end Griffis Premium Apartment Fund VII (targeting $550M) focused on value-add opportunities. The portfolio spans geographically diverse markets including Denver, Austin, Portland, Seattle, San Diego, Long Beach, Dallas, West Palm Beach, and Bethesda, with individual branded communities such as Griffis North Olive, Griffis West Palm, Griffis Edgemoor, Griffis Oak Lawn, Griffis Shoreline, and Griffis Belleview Station. Resident services include the Life & Rewards program, while the Griffis Residential Investments portal serves investor relations.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 19% increase in net operating income during 3.2-year hold period for Griffis Westminster Center
- +2 more outcomes
Companies that use Griffis Residential
Customer profileSegments1 record
Ideal customer profiles2 records
Griffis Residential technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Griffis Residential partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Griffis Residential competitors and assessment
Company assessmentDirect peers
- Greystar Real Estate Partners: Largest U.S. apartment property manager and operator with a large value-add investment business. Directly comparable to Griffis as a multifamily owner-operator running multiple pooled investment vehicles across U.S. metros.
- TruAmerica Multifamily: Private value-add multifamily investment firm acquiring and repositioning workforce and Class-B/A apartment communities across U.S. growth markets — highly comparable to Griffis's closed-end value-add strategy.
- Watermark Capital Group: Private multifamily investment manager focused on value-add Class-A and B apartment communities in select Western U.S. metros; matches Griffis's fund-based value-add repositioning model.
- Pinnacle Property Management Services: National third-party multifamily property manager with owned portfolio exposure, operating in many of the same Western and Sunbelt metros as Griffis and competing for similar institutional capital.
Broad incumbents
- Equity Residential: Public S&P 500 apartment REIT focused on urban and high-end Class-A apartments in coastal innovation hubs (Seattle, San Diego, Austin, Denver) — overlapping target markets with Griffis.
- AvalonBay Communities: Large public apartment REIT with portfolio concentrated in coastal high-growth metros including Seattle, Portland, San Diego, Los Angeles and South Florida — directly overlapping Griffis markets.
- Camden Property Trust: Public multifamily REIT with Sunbelt-heavy portfolio and active development pipeline; competes with Griffis for resident demand and institutional capital in Texas and Southeast markets.
- UDR Inc. Public apartment REIT with national portfolio including West Coast and East Coast metros such as Seattle, Portland, San Diego, Bethesda/Washington D.C. and Florida — overlapping several of Griffis's 13 markets.
- Blackstone Real Estate: Largest global private real estate investor with a major multifamily strategy (e.g., Preferred Apartment Communities, AIR Communities); competes for institutional capital and the same distressed Class-A deal flow as Griffis.
Regional players
- JBG SMITH Properties: Washington, D.C.-area focused multifamily and mixed-use REIT; operates in Bethesda — one of Griffis's newest markets via Griffis Edgemoor — making it a regional direct comparable.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Griffis Residential social profiles
Digital presenceGriffis Residential compliance and trust
Trust signalCompliance1 record
Griffis Residential financial estimates
Financial estimateRevenue estimate
Valuation estimate
Griffis Residential leadership team
Management profileNumber of profiles
Profiles2 records
Griffis Residential subsidiaries and ownership
Company hierarchySubsidiaries1 record
Griffis Residential funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Griffis Residential M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Griffis Residential
What does Griffis Residential do?
Griffis Residential is a multifamily real estate investment company that owns, operates, and repositions Class-A apartment communities across growth markets in the U.S. The firm pursues a value-add investment strategy, acquiring underperforming or distressed Class-A properties, reinvesting capital to upgrade them, and operating the stabilized assets. Its activities span direct ownership of rental apartment communities offered to residents and the management of pooled investment vehicles for institutional and high-net-worth capital partners.
Is Griffis Residential a public or private company?
Griffis Residential is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Griffis Residential founded?
Griffis Residential was founded in 2009. It employs 101 to 250 people.
Where is Griffis Residential based?
Griffis Residential is headquartered in Greenwood Village, United States, in the North America region.
How does Griffis Residential make money?
One revenue line is on record: apartment Rental Income.
Who are Griffis Residential's main competitors?
Direct peers on record are Greystar Real Estate Partners, TruAmerica Multifamily, Watermark Capital Group and Pinnacle Property Management Services. Broad incumbents are Equity Residential, AvalonBay Communities, Camden Property Trust, UDR Inc. and Blackstone Real Estate. JBG SMITH Properties is listed as a regional player.
Does Griffis Residential have an API?
No public API is recorded for Griffis Residential.
What industry is Griffis Residential in?
Griffis Residential's product category is Multifamily Real Estate Investment and Management. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6531.