RISE Properties Trust

Overview

RISE Properties Trust is a private Canadian Real Estate Investment Trust (REIT) specializing in the acquisition and revitalization of underperforming rental apartment communities in the United States, primarily focusing on the Pacific Northwest region. The company operates with a fully integrated platform that encompasses acquisitions, redevelopment, and management, all under one roof. This vertical integration allows RISE to maintain control over the entire value chain, ensuring alignment with its strategic objectives. The primary markets targeted include the Pacific Northwest, with a focus on economic diversification and conservative balance sheet management. As of May 2025, RISE Properties Trust manages approximately $2.7 billion in assets under management (AUM), encompassing 36 communities with 6,180 homes spread over 300 acres. The company has invested a total of $131 million in renovations. The fund offers monthly tax-efficient distributions, yielding 5.14% per year as 100% return of capital. Notable recent acquisitions include Park South Apartments, a 252-unit garden-style community located near South Park in Seattle, Washington, and Alto Apartments, a 185-unit multifamily community in Seattle's Belltown neighborhood. These acquisitions align with RISE's strategy of targeting underperforming properties in strong markets and enhancing their value through strategic improvements. RISE Properties Trust leverages a fully integrated operational platform that includes acquisitions, redevelopment, and property management. This vertical integration allows for streamlined operations and consistent execution of the company's strategic objectives. Property management and development are managed through affiliated companies Thrive Communities LLC and Thrive Development LLC, which oversee more than 15,000 apartment homes, providing valuable market insights and operational efficiencies.

Investment Focus

• Accredited Investor Status