PIR Investment Management deploys institutional capital into large-scale multi-family, hospitality, and land assets — targeting superior risk-adjusted returns through rigorous underwriting and active asset management.
PIR targets non-performing loans secured by multifamily properties of 200+ units. Notes are acquired directly from the lender at a discount to par through a negotiated short sale — with PIR taking title to the underlying property as part of the transaction, at a target purchase price of approximately 70% of the note's face value. As owner of the asset, PIR resolves the loan and repositions the property through targeted value-add improvements, then exits through a sale of the stabilized asset.
As asset-based debt is placed on each repositioned property, proceeds are redeployed into additional NPL short-sale acquisitions — keeping the full commitment at work — or returned to the JV partner at their election.
This is not an offer to sell, or the solicitation of an offer to buy, any security. Distressed debt and non-performing loan investing involves substantial risk, including possible loss of principal. Any targets herein — including the JV commitment, structure, deployment, and hold period — are hypothetical and are not guarantees of actual performance. Any offer or solicitation will be made only through definitive offering documents to accredited investors, which should be reviewed carefully.
PIR Investment Management is a Newport Beach-based investment management firm that acquires and operates institutional-grade real assets on behalf of qualified investors.
Founded in 2021 by Anna Murphy, PIR targets large-scale apartment communities, hotel and hospitality assets, and entitled land — asset classes where deep operational expertise and structural insight drive alpha above market returns.
We manage every position with the same rigor as the largest institutional platforms, holding ourselves to the highest standards of fiduciary responsibility, transparency, and execution.
We work with institutional investors, family offices, and qualified individuals seeking direct exposure to institutional-grade real assets. Connect with Anna Murphy directly to explore current allocations and fund structures.
We evaluate off-market and marketed commercial assets, raw and entitled land, hotel properties, and stabilized or value-add multifamily. Principals and brokers welcome.
Submit Asset Package →We partner with experienced operators and developers on ground-up and value-add apartment and hotel projects — bringing institutional capital and structured equity to the right deals.
Explore JV Structure →Accredited and institutional investors seeking passive exposure to large-scale real assets with institutional-grade reporting, governance, and alignment are invited to connect directly.
Request Fund Materials →We seek principals-level talent across fund management, acquisitions, asset management, hospitality operations, construction, and investor relations. We build careers, not headcount.
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