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.

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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.

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.

A building underwritten to a rent its submarket already supports can be checked against leases signed down the street. One underwritten to a rent that has to arrive later cannot be checked at all.

Founded in Columbus: 1998; Year Metropolitan Holdings was founded, by Matthew R. Vekasy.
Multifamily developed: $800M+; Gross value of multifamily assets developed since 1998. A measure of development 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: 60+; Employees across development, construction, management, and investment.

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

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.

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.
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.

We run one fund of each kind, both with a $100,000 minimum. 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 Fund 2. Reach out to our team to learn more about opportunities to receive ownership in the communities below or monthly distributions up to 10%

Citana
Maumee, Ohio
Conrad
Miami Township, Ohio
Parkview West Scioto
Columbus, Ohio

Ask about the current raise

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.

Who can invest

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 guide Read the investor FAQ

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