Rising Expands Investment Platform to Include Multifamily

Rising Realty Partners has expanded its real estate investment platform in order to acquire and manage multifamily properties across the Western United States. The firm looks to target value-add and core opportunities in primary and secondary markets in the West.

“Diversification of our investments through opportunistic acquisitions will be a key tenet of our company’s impact strategy moving forward,” said Christopher Rising, co-founder and CEO of Rising.

With that goal in mind, Rising has hired Sam Manoochehri as SVP, multifamily investments to lead future acquisitions.

“We are pleased we could find an executive with Sam’s experience, having acquired and developed more than $225 million in multifamily properties over the past four years, to help lead our platform,” says Rising.

Manoochehri will be working with Rising and Scott McMullin in the endeavor.

“I’m thrilled to work under the leadership of Chris Rising and Scott McMullin to launch a robust multifamily investment platform,” said Manoochehri.

The company previously announced an expansion of its investment platform to include industrial sector acquisitions.

Pictured: Sam Manoochehri.

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