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01.
End-to-End Execution
02.
Local Market Expertise
03.
Operational Excellence
A vertically integrated, full-cycle real estate investment firm
Altanrow Capital is a Chicago-based real estate investment firm focused on executing the full lifecycle of multifamily investments. Through a vertically integrated platform, we source, renovate, operate, and manage properties with precision. Our leadership blends decades of institutional experience with deep local knowledge to drive long-term value for investors and strengthen the communities we serve.
Strategic Acquisitions
Value-add Construction
Property Management
Centralized Operations
Resident Services
Scalable Returns
Strategic Investments. Local Expertise.
Altanrow Capital’s portfolio spans high-opportunity neighborhoods and select growth markets across Chicago. We acquire and reposition multifamily assets with a disciplined eye on value creation and long-term performance. Each investment reflects our operational expertise and commitment to elevating both the asset and the surrounding community.
Browse our portfolio to see our strategy in action.
01.
Full-cycle Execution
Hands-on at every stage to protect returns. From acquisition to stabilization, every decision is managed with precision and accountability.
02.
Hyper-local Knowledge
Centralized strategy. Local insight. A model institutional owners can't match. Our deep community relationships turn data into lasting value.
03.
Operational Discipline
Infrastructure that sustains performance and growth. We apply a measured approach that maximizes efficiency and drives consistent outcomes.
Investment Strategy
Six pillars define how we source, manage, and grow every multifamily investment.
Asset Management
At Altanrow, we stay close to the ground and focused on performance. Through hands-on operations, strategic upgrades, and disciplined rent and expense management, we unlock value while enhancing the resident experience.
Acquisition Criteria
We invest in value-add and workforce housing across underserved Chicago neighborhoods, focusing on small to midsize multifamily assets with renovation or repositioning potential to drive stable cash flow and long-term value.
Community Stewardship
We improve properties with the local community in mind, focusing on thoughtful design, enhanced safety, and livability that foster trust with tenants, strengthen neighborhood stability, and create lasting value for residents and investors.
Exit Strategy
From the start, we define exit paths based on market trends and investor goals, refining them throughout the hold period. Through refinancing, sale, or recapitalization, each asset is positioned with precision for the right outcome, optimizing value and timing.
Construction
With our in-house GC license, we oversee every stage of construction, delivering efficient, high-quality renovations and adaptive reuse projects. Our team focuses on durability, efficiency, and design while working with operations to elevate performance and value.
Property Management
Our vertically integrated model unites leasing, maintenance, and resident support under one system. With proactive upkeep and clear communication, we strengthen retention, reduce turnover, and foster well-cared-for communities that drive stable returns.
Your Opportunity to Build Long-Term Wealth
We offer flexible equity and debt investment structures designed to align with a range of investor goals. From steady cash flow to long-term upside. Our Chicago-based strategy emphasizes transparency, optionality, and performance, with multiple models that support different risk profiles and return preferences.
Explore our structured offerings built for today’s multifamily landscape.
Preferred Return Plan
Designed for investors seeking priority returns with long-term upside.
- Priority returns
- Cumulative preferred return
- Upside participation at exit
- Long-term investment
Preferred Equity
Upside Plan
Built for investors prioritizing long-term value creation over near-term cash flow.
- Capital returned first
- Back-end upside participation
- Value-add focused
- Exit-driven strategy
Non-Equity Investment Tiers
A streamlined option for predictable income with defined terms.
- Fixed rates and terms
- No equity ownership
- Predictable income
- Low-touch structure
Our Team
Chicago based real estate operators with deep expertise across acquisitions, asset management, property operations, and construction, the Altanrow Capital team brings both institutional discipline and entrepreneurial focus. We have led the repositioning of value add, workforce housing, and small to midsize multifamily assets throughout Chicago’s West and South Side neighborhoods.
This hands-on expertise, combined with a full cycle investment approach, allows the team to identify opportunity, manage risk, and deliver lasting returns.
Robert Waz
Licensed real estate broker and CPA with deep institutional experience. VP at 29th Street Capital overseeing 19,000+ units, with prior roles managing $1 billion+ portfolios for Blackstone’s LivCor, and real estate consulting for Deloitte. Loyola University Chicago double major in accounting and economics, summa cum laude.
Marcin Kania
Economics graduate of the University of Illinois at Urbana-Champaign and managing broker/property management director of Exterplexy Real Estate and Management, LLC. Holds ownership interest in 40+ buildings and manages over 300 units across Chicago’s West and South Side neighborhoods.
Paul Miesarczyk
Northeastern University accounting graduate with 20+ years in Chicago construction. Co-founder and head of construction management for Exterplexy Inc., specializing in small to mid-sized multi-family projects that strengthen local neighborhoods.
News & Insights
Inside the work, partnerships, and perspective powering Altanrow Capital.
Website Launch & Property Spotlight
In our Q1 2026 newsletter, Altanrow Capital shares updates on our Chicago multifamily portfolio, including renovation progress, rent...
Introducing the Altanrow Brand
Over the past few months, we’ve been shaping the next chapter of our growth. As part of that...
Contact Us
Interested in investing with Altanrow or learning more about our approach? Connect with our team using the form below and we’ll be in touch to continue the conversation.
