Griffin Capital Company, LLC (“Griffin Capital”), a leading private real estate investment manager, announced that Griffin Capital (Heritage – Gonzales, LA) DST (the “Trust”) is fully subscribed after raising over $37 million of equity. The Trust owns The Oaks at Riverbend, a recently developed 299-unit multifamily community located in the upscale Ascension Parish submarket of Baton Rouge, Louisiana. The property offers residents excellent proximity to major employers and walkability to a variety of shops and restaurants.
“The Oaks at Riverbend reflects our commitment to identify high-quality assets in markets characterized by strong economic conditions, favorable demographics, and enduring rental housing fundamentals. These characteristics are identified to align with the investment objectives of principal preservation and consistent income,” stated Paul De Martini, Chief Investment Officer at Griffin Capital.
“We were very pleased with the investor receptivity to this offering, which we believe was driven by the attractive basis, strong fundamentals, and compelling market dynamics associated with the property,” added National Sales Director, Andy Marrone.
Griffin Capital recently announced the acquisition of two real estate transactions: a purpose-built build-to-rent community consisting of 138 single-family rental homes in Jenks, Oklahoma, purchased for $37,250,000; and a 407-unit “Class A” multifamily acquisition in Kansas City, Missouri, acquired for $113,500,000. Both properties are now available to investors seeking 1031 exchange investment opportunities.
About Griffin Capital Company
Griffin Capital Company is a leading full-service real estate investment management firm with a 30-year track record of leadership, innovation, and disciplined execution. Since its founding in 1995, the firm has owned, managed, sponsored, or co-sponsored approximately $24.5 billion1 in assets across a wide range of real estate sectors and investment vehicle structures. The firm’s senior executives and employees have co-invested more than $300 million across its investment platforms, reinforcing its strong alignment with investor interests.
Griffin Capital’s investment team is exclusively focused on the rental housing segment of the market, with strategies targeting multifamily, build-to-rent (“BTR”), and student housing investments. The firm’s rental housing portfolio includes 41 communities, comprising over 13,667 rental housing units and 693 student housing beds, representing a total project value exceeding $4.4 billion.2
Griffin Capital remains committed to creating value through thematic investment strategies and delivering thoughtfully developed housing solutions that benefit both communities and capital partners.
1. Includes estimated total project costs for assets in various stages of development.
2. As of September 30, 2025.
Additional information is available at: www.griffincapital.com.
