North Grove combines sub-institutional investment agility with deep partnerships to gain access to institutional-quality real estate—while investing beneath the institutional radar.
We invest below the institutional radar in assets that maintain institutional quality characteristics. Our strategy enables us to take advantage of less efficient markets on behalf of our investors as well as provide access to real estate investments across the risk/reward spectrum.
North Grove focuses on the true sub-institutional sweet spot, where capital is scarce and partnerships make the greatest impact. By collaborating with proven operators, we pursue opportunities that combine institutional-quality fundamentals with transaction sizes overlooked by larger funds.
We seek opportunities where our relationships provide operating expertise, tenant networks, or strategic scale advantages that enhance both execution and long-term performance.
Targeting assets in the $2 million to $10 million range, we invest in deals too small for institutional capital but too complex for typical private buyers—where inefficiencies create unique value.
Through data analytics, relationships, and local market insight, we identify properties in transition, fragmented ownership situations, or overlooked submarkets that offer outsized return potential.
Each investment is structured to balance stable income with value-add upside, ensuring attractive, risk-adjusted results for our investors.
North Grove invests in multi-family, hospitality, industrial, retail, office and special purpose real estate nationally, across an array of risk/return profiles and capital structures.
Our investment strategies allow us to capitalize on opportunities and leverage our relationships
Founded in 2019, North Grove is based in Chicago where we’ve cultivated a team of dedicated, skilled principals with a multi-year track record of successfully deploying, returning and growing capital across several real estate verticals.