What is the Cornerstone Fund?
The PPR Cornerstone Fund is designed to deliver institutional-grade investment residential real estate investment opportunities to accredited investors. Built on the simple thesis of “housing people,” this fund offers diversified access to collateralized residential mortgage debt and equity investments in apartment and build-to-rent communities. Through proprietary economic analysis and rigorous underwriting, we source opportunities directly or alongside experienced joint venture partners, then actively manage each asset through its complete lifecycle, resulting in consistent monthly distributions with limited volatility, backed by real estate assets and delivered by a team with 18 years of experience managing funds across multiple market cycles. Our team conducts rigorous, risk-adjusted analysis using proprietary economic tools and actively manages each asset from acquisition to exit. With a focus on non-performing loans and complementary income-producing investments, the Fund is structured to deliver dependable passive income with limited volatility.
Two Options
11% Preferred
(Compounding)
$100K Minimum Investment
Qualified Plans Accepted
36 Months
9% Preferred
(Monthly)
$100K Minimum Investment
Qualified Plans Accepted
36 Months
Current Portfolio
The Cornerstone Fund is built on a foundational principle: diversified exposure leads to stronger, more resilient returns over the long term. That’s why the Fund blends three complementary asset classes: Non-Performing Loans (NPLs), Multifamily, and Build-to-Rent (BTR) properties.
The blend of asset classes brings to bear their unique value propositions for investors: NPLs are acquired at deep discounts with value delivered through resolution or sale, multifamily offers consistent cash flow and appreciation, and BTR capitalizes on long-term demographic-driven trends driving renting patterns. Together, they provide the Fund with diversification across risk profiles, market cycles, and return timelines and work cohesively to solve a critical need for housing in the United States.
Non-Performing Loans (NPLs)
When a borrower takes out a mortgage to purchase a home, he or she makes a promise to the lender to repay the loan according to certain terms. However, due to individual circumstances, sometimes these loans go into default and bank or mortgage originators will seek to remove these defaulted assets from their balance sheets.
Our NPL asset managers buy these non-performing loans at a discount and work with borrowers to get them back on track before eventually selling the now re-performing loans (RPLs), supporting a main driver of our purpose-focused culture of housing people. In the event the loan doesn’t reach reperforming status, there is an opportunity to exit the investment via sale of the property.
Multifamily
Multifamily properties form the backbone of our cash-flowing assets, delivering predictable rental income while building long-term equity through strategic improvements and operational excellence.
We target mid-size communities in markets with strong demographic tailwinds—growing employment bases, favorable migration patterns, and undersupplied rental markets. Our value-add approach focuses on thoughtful renovations, improved property management, and amenity enhancements that drive occupancy gains and justify rent growth.
Each investment undergoes rigorous analysis of local economic development, competitive positioning, and demographic trends to ensure we’re not just buying apartments—we’re investing in communities where people want to live.
Multifamily’s combination of current income and appreciation potential creates a natural complement to our mortgage-focused investments, smoothing portfolio volatility while capitalizing on America’s ongoing rental housing shortage.
Build-To-Rent
As homeownership becomes increasingly unattainable for working families—driven by high prices, tight inventory, and challenging financing—demand for quality single-family rental housing has never been stronger.
Build-to-Rent communities answer this call by creating new housing supply specifically designed for long-term renters. Unlike buy-to-rent models that compete with individual homebuyers for existing homes, BTR developments add units to the market that wouldn’t otherwise exist—expanding housing options rather than restricting them.
Our BTR investments deliver the lifestyle benefits of single-family living—private yards, dedicated parking, modern finishes—with the convenience of professional management and community amenities typically found in luxury apartments. The result: lower tenant turnover, premium rents, and operational efficiencies that mirror multifamily assets.
This is housing with purpose: communities built for the millions of Americans who need quality rental housing in markets where ownership remains out of reach.
Active Management. Constant Vigilance.
At PPR, the investment doesn’t end when capital is deployed, that’s when our work truly begins.
Our asset management and surveillance infrastructure ensures every investment receives ongoing oversight:
Portfolio Monitoring
Our fully implemented asset management and reporting platform provides real-time visibility across our entire portfolio, flagging anomalies and performance variances before they become problems
Sponsor Engagement
Regular calls with joint venture partners and operators to track progress, address challenges, and support marketing efforts when needed
On-the-Ground Intelligence
Systematic site visits to assess property conditions, market dynamics, and operational execution firsthand
Economic Oversight
Our CIO continuously evaluates macroeconomic metrics and emerging trends, stress-testing portfolio positioning against changing market conditions
This proactive approach allows us to identify opportunities early, mitigate risks quickly, and ensure every asset is performing to its fullest potential—protecting and enhancing returns throughout the investment lifecycle.
Three Strategies.
One Fund.
Thank you for your interest in our Cornerstone Fund.
The first step to getting started is to complete the form to confirm that you’re an accredited investor.