Griffin Capital Expands Rental Housing Platform With Build-to-Rent Division
Private real estate investment manager Griffin Capital Company LLC announced the expansion of the Griffin Residential Investment Platform with the formation of Griffin Capital Residential Partners LLC, a dedicated build-to-rent division, focused on the acquisition, development, and operation of purpose-built rental communities across high-growth U.S. markets. Integrating BTR investment expertise and capabilities into Griffin Capital’s substantial existing rental housing platform broadens the firm’s strategy for investors across the rental housing continuum.
The platform will be led by Jonathan Trott and David Platter, who have joined Griffin as co-chief executive officers of the new division. According to Griffin, Trott and Platter bring deep experience managing large-scale, purpose-built single-family rental portfolios. Both were formerly co-chief investment officers in a similar capacity and previously led the BTR division at Amherst.
More recently, Trott and Platter held several co- roles at Capital Square from 2022 to 2025, first as managing directors, together leading private equity strategy; and then as co-CIOs.
“We’re thrilled to welcome Jon and Dave to Griffin Capital as we expand our platform to include a team with a dedicated focus on build-to-rent communities,” said Paul De Martini, CIO of Griffin Capital. “Their deep experience in the BTR space will enhance our ability to provide institutional-quality housing solutions to investors while creating synergies across our existing platform. This expansion is a natural progression as we grow our portfolio to meet the needs of modern renters and investors alike.”
Trott and Platter shared their enthusiasm for joining Griffin Capital in a joint statement: “We are excited to launch a dedicated build-to-rent platform within a firm that already boasts a sizeable, high-quality portfolio of multifamily communities, an integrated investment platform, substantial capital formation expertise and a strong vision for purpose-built housing solutions.”
This expansion comes in response to an estimated national housing shortage, increasing homeownership costs, and demographic-driven demand for rental housing as millennials and Gen Z enter prime household formation years. For investors, BTR has gained traction as an alternative real estate strategy, offering exposure to potential stable cash flows and demographic-driven demand.
Furthermore, this expansion underscores Griffin Capital’s commitment to growing its rental housing platform, which already includes over 12,700 multifamily units. With the addition of the BTR division, Griffin Capital will have native expertise to execute on opportunities in one of the most compelling emerging sub-sectors of the U.S. real estate market.
Trott and Platter added that the new platform is designed to give investors greater access to the growing BTR segment.
Earlier this year, AltsWire reported that Griffin and its joint venture partner broke ground on Hanover Quincy Center, a 297-unit multifamily development in Quincy, Mass. This is the company’s 28th property within a federally designated qualified opportunity zone and is financed with proceeds from one of its sponsored OZ funds.
Griffin Capital Company is a full-service real estate investment and management company. Since 1995, it has owned, managed, sponsored, and/or co-sponsored approximately $23 billion in assets across a wide range of real estate sectors and investment structures. Griffin’s senior executives and employees have co-invested over $300 million in various investment verticals.
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