ParkProperty Capital
Also known as ParkProperty Capital GmbH, ParkProperty Living
Hamburg/Atlanta investment platform for US multifamily real estate, anchored by the Otto family, offering co-investments to European investors; about $2.0bn in active investments.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Otto
- HEADQUARTERS
- Hamburg, Germany
- AUM
- $2B (2026)
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- SECTORS
- Real Estate & PropTech
- GEOGRAPHY
- United States
- ROUTES
- Companies (own capital)
- STRATEGIES
- Real estateDirect investments
- TICKET
- $15M–$45M
Overview
ParkProperty Capital GmbH (Hamburg, HRB 155753, supervised by BaFin) invests in institutional-grade multifamily rental properties in US growth markets, directly and with developer sponsors, from offices in Hamburg and Atlanta. The Otto family anchors every investment with substantial equity commitments and guarantees, and the firm offers international, mainly Europe-based investors the chance to co-invest. Alexander Otto and Benjamin Schaper sit on its board; it reports about $2.0bn of active investments across some two dozen US projects.
Investment thesis
Targets garden-style and mid-rise multifamily properties with 150+ units in urban and well-located suburban US locations, via merchant-build and build-to-hold developments with partners and value-add to core acquisitions; equity investments of USD 15–45m.
Holdings & investments (24)
- Porter Square, AtlantaReal Estate & PropTech
- River Oaks, HoustonReal Estate & PropTech
- Sloan's Lake, DenverReal Estate & PropTech
- Sailhouse, SeattleReal Estate & PropTech
- The Bryce, CharlotteReal Estate & PropTech
- The Albright, AustinReal Estate & PropTech
- White Fence Farm, DenverReal Estate & PropTech · Exited (sold 2024)
- The Vivian, AtlantaReal Estate & PropTech · Exited (sold 2025)
- The Raven, CharlotteReal Estate & PropTech
- Goodyear, PhoenixReal Estate & PropTech
- The Assembly, CharlestonReal Estate & PropTech
- The Monroe, AtlantaReal Estate & PropTech
- Uptown, PhoenixReal Estate & PropTech
- The Maggie, JacksonvilleReal Estate & PropTech
- North City, SeattleReal Estate & PropTech
- Scott's Addition, RichmondReal Estate & PropTech
- Trailhead, AustinReal Estate & PropTech
- Northline, DallasReal Estate & PropTech
- Storey Park, OrlandoReal Estate & PropTech
- 8111 S Dixie Hwy, West Palm BeachReal Estate & PropTech
- Vista Lehi, Salt Lake CityReal Estate & PropTech
- Ed Schmidt, AustinReal Estate & PropTech
- Manchester Farm, NashvilleReal Estate & PropTech
- Brookside at NoDa, CharlotteReal Estate & PropTech
People
- Morgan McClungVP, Investments (USA) · source
- Fayyaz ChowdhuryDirector, Investments (USA) · source
- David KellyVP, Asset Management (USA) · source
- Kevin GregoryDirector, Asset Management (USA) · source
- Lasse SchierInvestment Controller (Germany) · source
- Pascal KlappManaging Director (Germany) · source
- Christian von SchwabeManaging Director (Germany) · source
- Alexander OttoBoard Member (Germany) · source
- Benjamin SchaperBoard Member (Germany) · source
- Brendan WhalenPresident (USA) · source
- Matthew ManningVP, Finance (USA) · source
- Felix SchultzRisk Manager (Germany) · source
Frequently asked questions
ParkProperty Capital is a family-anchored fund based in Hamburg, Germany.
ParkProperty Capital invests on behalf of the Otto family.
ParkProperty Capital invests its own capital into companies. Its stated asset mix includes real estate and direct investments.
ParkProperty Capital invests in Real Estate & PropTech.
ParkProperty Capital's stated ticket size is $15M–$45M.
Key people at ParkProperty Capital include Pascal Klapp (Managing Director (Germany)), Christian von Schwabe (Managing Director (Germany)), Alexander Otto (Board Member (Germany)) and Benjamin Schaper (Board Member (Germany)).
ParkProperty Capital's holdings and investments include Porter Square, Atlanta, River Oaks, Houston, Sloan's Lake, Denver, Sailhouse, Seattle, The Bryce, Charlotte, The Albright, Austin, White Fence Farm, Denver and The Vivian, Atlanta, among others.
Yes. ParkProperty Capital manages capital from outside investors.