Sponsor profile
SEC filings + cited sources
Griffin Capital Company, LLC is a privately held real estate investment and management firm founded in 1995 and headquartered in El Segundo, California. Through its Griffin Institutional Property Exchange (GPX) affiliate, it sponsors Delaware Statutory Trust 1031 exchange programs concentrated in institutional-quality Class A multifamily housing. The firm reports roughly $25 billion of real estate owned, managed, sponsored or co-sponsored as of year-end 2025 and a rental-housing portfolio of 41 communities. Its standalone multifamily DST series represents about $2 billion of committed equity across 34 communities, and multiple DST offerings have reached full subscription, including North Charleston and Gonzales multifamily properties.
Platform and scale
Griffin Capital Company, LLC is a privately held, full-service real estate investment and management company founded in 1995 and based in El Segundo, California 1. Its 1031 exchange business runs through the Griffin Institutional Property Exchange (GPX) affiliate, which sponsors Delaware Statutory Trust programs focused on institutional-quality Class A multifamily real estate 2. The firm reports that its standalone multifamily DST series has committed roughly $2 billion of equity to 34 communities representing more than $3.74 billion of project costs, within about $23 billion of real estate owned, managed, sponsored or co-sponsored since 1995 3. As of December 31, 2025 it reported approximately $25 billion of real estate, $18 billion of equity raised, and a rental-housing portfolio of 41 communities exceeding 13,667 units and 693 student-housing beds 4.
Completed DST outcomes
Griffin Capital reports several realized dispositions from its DST programs. The South Beach Apartments DST in Las Vegas sold in March 2022 for $97.5 million 5. The Shellmound office property in Emeryville, California sold in January 2022 for $36 million after a roughly 15-year hold 6. The Heritage on the Merrimack multifamily DST in Bedford, New Hampshire sold in July 2024 7.
Subscription milestones
Several GPX multifamily DSTs have reached full subscription. The Isley at Windsor Hill (332 units, North Charleston, SC) was reported fully subscribed after raising over $45 million of equity in December 2024 8. The Oaks at Riverbend (299 units, Gonzales, LA) was reported fully subscribed after raising over $37 million in March 2026 4. An earlier Conroe, Texas multifamily DST (The Dominion) reached full subscription in September 2020, described by the sponsor as its 26th tax-advantaged private placement 9.
Recent activity
In January 2026 Griffin Capital acquired Union Berkley Riverfront Apartments, a 407-unit Class A community in Kansas City's Berkley Riverfront district 10. In February 2026 it acquired Meadow+Main, a build-to-rent community in Jenks, Oklahoma, on behalf of its Griffin Capital Residential Partners build-to-rent platform 11. In March 2026 it announced the acquisition and construction start of University Parkway, a 345-unit multifamily development in suburban Atlanta 12.
Ownership
In December 2021 Apollo Global Management agreed to acquire Griffin Capital's U.S. wealth-distribution and asset-management businesses; Griffin Capital Company, LLC continued as a privately held real estate investment manager focused on its private-placement activities 13.