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Griffis Residential

Full company profile

uuid0002t6d

Namestring
Griffis Residential
Legal namestring
Griffis Group of Companies, LLC
Websiteurl
griffisresidential.com
Company typeenum
Private
Founded yearint
2009
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersGreenwood Village, United States
HQ citystring
Greenwood Village
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
multifamily real estate, apartment property management, value-add investing, residential apartment leasing, real estate investment funds
Industry1 code
1Multifamily Apartment Property Management
CodeBPAJAFAAPrimaryYes
NAICS code1 code
  • Residential Property Managers531311
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Multifamily Real Estate Investment and Management
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Apartment Rental Income
TypeSubscription Recurring
Description

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.

griffisresidential.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Pricing details4 tiers
1Studio units starting from $1,540-$2,048 per month
ModelUnit PricingBilling cadenceMonthly
Notes

Base rents for studio units range approximately $1,540-$2,048 per month depending on property location and unit features. Standard lease terms 12-15 months.

griffisresidential.com
21-bedroom units starting from $1,182-$2,571 per month
ModelUnit PricingBilling cadenceMonthly
Notes

Base rents for 1-bedroom units range approximately $1,182-$2,571 per month. Premium renovated units command higher rents (Platinum units).

griffisresidential.com
32-bedroom units starting from $1,555-$3,346 per month
ModelUnit PricingBilling cadenceMonthly
Notes

Base rents for 2-bedroom units range approximately $1,555-$3,346 per month. Penthouse units command premium pricing.

griffisresidential.com
43-bedroom units starting from $2,365 per month
ModelUnit PricingBilling cadenceMonthly
Notes

Base rents for 3-bedroom units range approximately $2,365-$2,436 per month at select properties.

griffisresidential.com
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 19% increase in net operating income during 3.2-year hold period for Griffis Westminster Center
+2 more records
Product overview1 text field

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.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Greystar Real Estate Partners
TypeDirect peer
Description

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.

2TruAmerica Multifamily
TypeDirect peer
Description

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.

3Watermark Capital Group
TypeDirect peer
Description

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.

4Pinnacle Property Management Services
TypeDirect peer
Description

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.

5Equity Residential
TypeBroad incumbent
Description

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.

6AvalonBay Communities
TypeBroad incumbent
Description

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.

7Camden Property Trust
TypeBroad incumbent
Description

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.

8UDR Inc.
TypeBroad incumbent
Description

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.

9JBG SMITH Properties
TypeRegional player
Description

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.

10Blackstone Real Estate
TypeBroad incumbent
Description

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.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Griffis Residential

Multifamily Real Estate Investment and Managementgriffisresidential.com

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

  • Multifamily real estate
  • Apartment property management
  • Value-add investing
  • Residential apartment leasing
  • Real estate investment funds

Where Griffis Residential is headquartered

Location

Headquarters

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

  1. 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

ModelBillingPrice
Unit PricingMonthlyStudio units starting from $1,540-$2,048 per month
Unit PricingMonthly1-bedroom units starting from $1,182-$2,571 per month
Unit PricingMonthly2-bedroom units starting from $1,555-$3,346 per month
Unit PricingMonthly3-bedroom units starting from $2,365 per month

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Griffis Residential product offering

Product offering

Core 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 profile

Segments1 record

Ideal customer profiles2 records

Griffis Residential technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Griffis Residential partnerships and signals

Strategic signal

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Griffis Residential competitors and assessment

Company assessment

Direct 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 presence

Griffis Residential compliance and trust

Trust signal

Compliance1 record

Griffis Residential financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Griffis Residential leadership team

Management profile

Number of profiles

Profiles2 records

Griffis Residential subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Griffis Residential funding detail

Funding detail

Funding 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 investment

M&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.

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Live signals
citybizGriffis Residential Secures $207 Million in First Closing of Apartment Fund VIIGriffis Residential closed its first investment in Griffis Premium Apartment Fund VII, securing about $207 million in capital commitments. The fund's first acquisition, Griffis North Olive, a 263-unit community in West Palm Beach, was bought in March 2026 for roughly $104 million, a 25% discount to replacement cost. The firm owns about 9,500 units across 13 markets.PR NewswireGriffis Residential Announces Commencement Closing of Griffis Premium Apartment Fund VIIGriffis Residential announced the first close of Griffis Premium Apartment Fund VII, securing about $207 million in capital commitments. The fund's first acquisition is Griffis North Olive, a 263-unit community in West Palm Beach, Florida, bought for approximately $104 million at a 25% discount to replacement cost.PR NewswireGriffis Residential Completes Sale of Griffis North CreekGriffis Residential announced that Griffis Premium Apartment Fund IV completed the sale of Griffis North Creek, a 524-unit apartment community in the Seattle metropolitan area. The property's NOI grew nearly triple the NCREIF Property Index, with targeted capital improvements and operational initiatives driving 50% NOI growth.Property investmentGriffis Belleview Station: $40M refinancing secured for Denver multifamily communityJLL Capital Markets secured a $40 million refinancing for Griffis Belleview Station, a 238-unit multifamily community in Denver, Colorado, arranging a seven-year fixed-rate loan through a correspondent life company lender on behalf of borrower Griffis Residential. The transit-oriented property maintains strong occupancy at 94.96% and has benefited from nearly $2.55 million in capital improvements since 2022, with 66% of units renovated in two phases commanding rent premiums of $85–$160 per month. The transaction underscores the appeal of well-located multifamily assets in Denver's core employment corridors within the Southeast Business Corridor.The Real DealProcida pitches affordable housing for West Palm Beach-owned landNew York firm Procida Companies is seeking approval from the West Palm Beach City Commission next week to develop a 151-unit affordable housing project on five city-owned parcels that would be transferred to the developer at no cost. The development would include 5,000 square feet of retail, a 7,500-square-foot pocket park, and 166 parking spaces, with all units reserved for households earning up to 80 percent of area median income. West Palm Beach is experiencing a real estate boom driven by pandemic-catalyzed wealth migration to the region, where other developers like Griffis Residential and Related Ross are also investing in multifamily projects.The Real DealSouth Florida’s top deals: Griffis Residential scoops up West Palm Beach apartment complex for $79MThe largest South Florida real estate transaction reported was the $78.5 million sale of a 263-unit apartment complex at 805 North Olive Avenue in West Palm Beach to Colorado-based Griffis Residential from New York-based Castle Lanterra, representing the top commercial deal in the tri-county region. The article also covered a $10.7 million waterfront home sale in Boca Raton and a $14.5 million two-building office complex sale in Jupiter, along with a $9.2 million waterfront home transaction. The apartment complex, built in 2015, spans nearly 280,000 square feet and was rebranded as Griffis North Olive, having previously sold in 2017 for $63.5 million.Multifamily DiveGriffis Residential launches new fund, makes Florida acquisitionDenver-based apartment owner and operator Griffis Residential has launched its seventh closed-end fund, Griffis Premium Apartment Fund VII, targeting $550 million in commitments to acquire underperforming Class A apartment communities in markets with strong demographic and economic fundamentals.YahooGriffis Residential launches new fund, makes Florida acquisitionGriffis Residential has launched its seventh closed-end fund, Griffis Premium Apartment Fund VII, targeting $550 million in commitments to invest in underperforming Class A apartment communities across U.S. markets with strong demographic fundamentals.The Real DealGriffis drops $79M for West Palm apartments amid lethargic rents, some supply overhangGriffis Residential paid $78.5 million for a 263-unit apartment complex at 805 North Olive Avenue in West Palm Beach, Florida, as part of its newly launched Griffis Premium Apartment Fund VII targeting $550 million in investments. The deal was financed with a $56.7 million loan from Northmarq Capital maturing in 2036, translating to nearly $300,000 per unit. The South Florida apartment market is experiencing softness following a record 18,600 units completed in 2024 and slowed domestic in-migration, though Palm Beach County multifamily investment sales reached $1.9 billion last year.Connect MoneyGriffis Residential Launches $550M Fund Targeting Distressed Class-A ApartmentsGriffis Residential has launched Griffis Premium Apartment Fund VII, a closed-end vehicle targeting $550 million in commitments to acquire and reposition distressed Class-A apartment communities. The new fund follows near-full deployment of Fund VI and coincides with market conditions that the firm says are creating compelling entry points, including apartment values down 18% nationally and construction costs up 40% over four years. Fund VII has completed its first acquisition with the purchase of Griffis North Olive, a 263-unit community in West Palm Beach, Florida.