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Three-story homes with white double porches and landscaped front yards along a street at Parkview Huber Heights, in Huber Heights, Ohio.

Invest in Ohio multifamily real estate

We develop, build, and manage the communities we ask you to invest in — across the Columbus, Dayton, Cincinnati, Cleveland, Toledo, and Akron markets, since 1998.

Talk to investor relationsCompare the fund terms
  • Columbus
  • Dayton
  • Cincinnati
  • Cleveland
  • Toledo
  • Akron

One firm, from the ground up

Development, construction, property management, and investment are four teams inside one company. The people underwriting a community are accountable to the people who will build it and then operate it.

That matters because there is no handoff between a sponsor and a third-party operator, and no point at which the firm that raised the money stops being the firm answering for the building.

  1. Development
  2. Construction
  3. Property management
  4. Investment

One company

No handoff between a sponsor and a third-party operator
Aerial view of Citana under construction in Maumee, Ohio: new three-story apartment buildings and rows of townhomes along freshly graded roads, beside finished buildings, a pool and ponds.
A row of three-story townhomes with white columned porches and stone bases, behind a monument sign lettered PV and a bed of roses.

Underwritten to today, not to a forecast

Our pro formas use untrended rents. That means a community is tested against what its submarket rents for now, not against a rent growth curve that has to arrive for the deal to work. Assumptions are set at market.

Rents at our communities are set at or below market. The discipline is the same in both directions: if a deal does not make sense at today’s rents, it is not good enough for us to build.

Today

A building underwritten to a rent its submarket already supports can be checked against leases signed down the street.

A forecast

One underwritten to a rent that has to arrive later cannot be checked at all.

Tractara™: how we find the right land first

Metropolitan Holdings built Tractara™ to screen every candidate site in the market on one consistent standard, before anyone drives out to see it.

See how Tractara works
candidate sites screened
304,000
Ohio counties
32
checks on each site
80+
Founded in Columbus
1998
Year Metropolitan Holdings was founded, by Matthew R. Vekasy.
Transactions
$897M+
Gross value of the firm’s transactions since 1998. A measure of transaction volume, not of investor return.
Units under management
2,000+
Apartment homes currently managed in the Columbus, Cincinnati, Dayton, and Akron markets.
People on the team
70+
Employees across development, construction, management, and investment.

Figures as published by Metropolitan Holdings, current as of October 2026.

Aerial view of Parkview Spring Hill in Green, Ohio: three- and four-story buildings around a clubhouse, a pool with red umbrellas, a lawn set up for outdoor games and a fire-pit terrace.
The pool at Parkview Spring Hill, with loungers and red umbrellas along the deck and three-story apartment buildings beyond.

Two ways to participate

Private real estate lets you come in as a lender or as an owner. The choice determines almost everything else about the investment, and neither is better — they price different risks.

  1. Ahead of the equity

    Lend to the project

    You are paid interest and sit ahead of the equity. Your return is capped at the interest rate, and your outcome is largely insensitive to how well the project performs above the point where it can service the loan.

    Income Fund 2Closed

  2. After the lenders

    Own a share of it

    You are paid after the lenders and your return is not capped, which also means you carry the downside if the project underperforms. This is the position that participates in the development upside.

    Equity Fund 2Open

We run one Project of each kind, both with a $100,000 minimum. Income Fund 2 has reached its fundraising target and is closed to new investment. Offering size, preferred return, targeted hold period, and liquidity for both are published side by side on the advisors page. Everything quoted there is a target drawn from the offering documents, not a guarantee, and the fund documents govern.

Compare the fund terms

Current Opportunities

We are currently raising capital for Equity Fund 2. Reach out to our team to learn more about opportunities to receive ownership in the communities below.

Ask about the current raise
  • Aerial rendering of Citana, a Metropolitan Holdings apartment community in Maumee, Ohio.

    Citana

    Maumee, Ohio

  • Aerial rendering of Conrad, a Metropolitan Holdings apartment community in Miami Township, Ohio.

    Conrad

    Miami Township, Ohio

  • Aerial view of a community featuring residential buildings and greenery, with the text "PV Parkview West Scioto" overlaying the image.

    Parkview West Scioto

    Columbus, Ohio

This page is information about Metropolitan Holdings as a firm. It is not an offer to sell or a solicitation of an offer to buy any security, and it is not investment, legal, or tax advice. Any offer is made only through the relevant fund’s offering documents, to accredited investors as defined in Regulation D under the Securities Act of 1933.

Private real estate investments are illiquid and speculative. Distributions are not guaranteed, may be reduced or suspended, and investors may lose some or all of their capital. A preferred return is an accrual payable from available cash flow after debt service and reserves — it is not a guarantee of payment. Past results do not predict future results.

Figures describing the firm’s operations are stated on the basis given in the notes beside them.

The pool deck at Parkview Huber Heights, with loungers, a lawn and pergola-covered fire pits between apartment buildings.

Who can invest

  • Accredited investors only
  • Made under Rule 506(c) of Regulation D
  • Documentation before you subscribe

Our offerings are available to accredited investors only, and are made under Rule 506(c) of Regulation D. That rule lets us describe them publicly, and requires us to verify your accredited status rather than accept a self-certification — so expect to be asked for documentation before you subscribe. Nothing is needed to read this site, ask questions, or talk to us.

Read the Ohio multifamily guideRead the investor FAQ
Three two-story homes with white double porches at Grandview Village in Columbus, lit from inside at dusk under a pink and orange sky.
Concord Square in Columbus: a gray-sided apartment building with white columned porches behind a lawn, and its entrance sign among flowering shrubs.

Talk to investor relations

Interested in investing? Simply fill out this form and we’ll be in touch!

What we build

Twelve communities across Ohio from one firm that develops, builds, and manages them: nine open and three coming soon.

See the communities
A street of two-story homes in olive, gold and tan siding, each with white columned double porches and a clipped front lawn.
  • Grandview VillageColumbus, Ohio
  • OgdenColumbus, Ohio
  • TriumphColumbus, Ohio
  • PeakeColumbus, Ohio
  • Concord SquareColumbus, Ohio

Interested in what we send our partners?

How development deals are structured, what we are seeing in Ohio submarkets, and what we are building. No offering material.

We use your address to send the newsletter and nothing else. Subscribing is not an application to invest and does not make you a client.

Our Team