Spruce Properties is a national vertically integrated multifamily real estate investment firm
Spruce Properties is a fully integrated multifamily investment firm distinguished by its long-term ownership focus, strategic deal execution, and advanced property and asset management capabilities. By leveraging innovative technology, Spruce streamlines operations, enhances performance, and delivers exceptional outcomes for both investors and residents.
Firm Highlights
$1BN
In real estate
investments
7,500+
Multi-family
units
39
Apartment
communities
7M
Square Feet
22.1%
Realized IRR
1.96x
Realized Multiple
on Invested Capital
Featured Properties
575 W 106th St, Overland Park, KS 66212
- Year Built: 1980
- Units: 548
- Purchase Date: December 1, 2021
200 Des Moines Street, Des Moines, IA.
- Year Built: 2018
- Units: 128
- Purchase Date: December 1, 2021
Lodge of Overland Park
575 W 106th St, Overland Park, KS 66212
- Year Built: 1980
- Units: 548
- Purchase Date: December 1, 2021
Velocity
200 Des Moines Street, Des Moines, IA.
- Year Built: 2018
- Units: 128
- Purchase Date: December 1, 2021