BUILDING COMMUNITY
THE AG WAY
As a third-generation owner, Dobbs Ackermann has led as an influential property management and development leader since 1997. Dobbs focused the business on one primary goal: to serve the community positively.
At AG, the business of building communities comes down to creating neighborhoods where families flourish, and businesses thrive. We care deeply about the communities we create and the neighborhoods where we live and work.
1938
Construction
Founded in 1938 by Rudolf Ackermann, Ackermann Group began constructing single-family homes and 4 family apartments
1960
Land Development
Tom Ackermann established a reputation in the region as a considerate, results-driven construction, management and development company
1997
Property Management
Dobbs Ackermann took the development business to the next level while creating a property management division
2005
Investment
Dobbs added investment as a third component to support both development and property acquisition
2007
Institutional Grade Investment
Began syndicating investments with 15 friends and family
2017
5,110 Units
15 friends and family grew to 85 investors across 5,110 apartment units
2020
Investment Fund
AMF Fund/ $87MM
2022
Investment Fund
AMF Fund II/ $65MM
2026
institutional Growth
Friends and family network grew to over 180 investors. Institutional capital joined with the friends and family network to grow the business.
INVEST WITH
AG.
Ackermann Group’s investment strategy is founded on patient investing in great locations and is focused on consistent cash returns. We have a strong investment track record, transacting on $1 billion of total value, we have achieved a 21% gross IRR across 9 exits.
The time for investing in multi-family workforce housing is now. Our country’s housing shortage has reached 3.8 million units, and demand for housing is significantly greater than the supply of homes and will be for the next decade or more. Most new housing benefits households making 120%+ AMI, while public policy focuses on subsidized housing (LIHTC, HUD) for those below 60% AMI. This leaves middle income families (85%-110% AMI) increasingly priced out of the housing market.
The result? Many in the gap turn to multifamily housing for a cost-effective and accessible solution.
- 7,078 UNITS OWNED
- 34 PROPERTIES ACQUIRED
- $1 BILLION GROSS VALUE TRANSACTED
OUR SERVICES
At Ackermann Group, every development is personal. We take care to preserve and enhance the unique qualities of each community to create a cohesive, purposeful development where people want to live and work, and which will benefit the community.
Building Community from the Outside In
Great communities are built on an authentic understanding of the community itself. We create a one-of-a-kind experience by adapting our development philosophy to integrate into the existing landscape.
Our team collaborates with local leaders to understand the individual and community needs so we can better serve the markets we enter. Our strategic process allows us to thoughtfully weave residential and urban infill developments into the community culture using a realistic approach that compliments the lifestyle of the surrounding area.
We Design Useful Places
Ackermann Group’s development practices are rooted in the fiscally responsible principles of New Urbanism planning. We design stable, walkable, and diverse communities that positively contribute to the suburban and urban core and provide a sense of place for residents and visitors.
We facilitate all aspects of the development process, from land acquisition and financing to building materials, lighting systems, and site amenity selection. We create friendly and inviting spaces by examining market conditions to understand how our development will fit into the marketplace. Each development requires comprehensive pre-planning and due diligence to ensure long-term success and sustainability. For best results, our team reviews the surrounding services and infrastructure to guide each development’s architecture, design, and approach.
We Leverage Public Finance
With over eight decades of experience in real estate development, we’ve refined our processes to become experts in urban infill, Tax Increment Financing (TIF), securing state grants, New Market Tax Credits, and local and state tax abatement. These tools make it possible to build infrastructure and invest in a community’s public space to make development possible.
We successfully developed office, retail, mixed-use projects, and residential communities. Informed by our experience, Ackermann Group anticipates a vibrant future of continued success in residential, commercial, and mixed-use development.
Investing with Ackermann Group means investing in a sustainable opportunity. Our investment strategy is predicated on patient investing and focused on consistent cash returns.
Building Community through Lasting Investment
As tenured professionals, we have a strong investment track record and have maintained stable investments despite the fluctuating real estate market through improved operating results and capital asset preservation.
Ackermann Group offers investors an opportunity for targeted initial and long-term cash-on-cash return, protection against unexpected inflation, and valuable capital appreciation.
We Stabilize the Asset
The typical life of a real estate investment is between five and ten years. We seek to generate risk-adjusted returns for our investors within each investment cycle and over the long term. We achieve top-line revenue growth through rent and other income by implementing efficient operating processes, restoring deferred maintenance, and improving curb appeal. We believe that if you take care of your properties, the properties will take care of you.
We Stimulate Economic Growth
Our strategy is designed to capture desirable risk-adjusted returns by purchasing stable and underperforming apartment communities with in-place cash flow in reliable submarkets throughout the region. We seek investment opportunities in B-class properties that offer quality lifestyle amenities and close proximity to metro areas with key economic drivers and substantial employment opportunities. Our portfolio includes multi-family and mixed-use real estate. Based in Cincinnati, OH, we focus our efforts on the Midwest and Southeast United States, where we can find economic stability and immediate yield.
At its core, Ackermann Group is dedicated to leaving a positive and lasting impact in the region. Each investment is carefully selected to create an opportunity for our team to stabilize or improve its position in the market and develop a strategic economic advantage for the surrounding area and the people who live there.
We believe in meeting people where they are. We manage multi-family communities ranging in size, style, price point, and amenities.
Full Service Approach
Ackermann Group’s Residential Management division thrives on a comprehensive full-service property management approach, integrating in-house HR, marketing, and accounting services, ensuring a seamless operation across all levels. We exclusively manage our own assets, guaranteeing an aligned vision so that every community is not only financially successful but also enriches the lives of its residents. Our robust portfolio is comprised of over $800 Million of Class A and B apartment communities that span across Ohio, Indiana, and Kentucky. Ackermann Group has a proven track record, with 85 year of experience in rehabilitating and stabilizing properties and maximizing their potential profitability and value.
Everyone is Supported
At the heart of our philosophy is a commitment to humanizing the management experience, understanding that each resident and property has unique needs and perspectives. We aim to deliver an unmatched experience, from enhancing the quality of life for our residents to engaging in outstanding operational management practices, leading to the long-term success of our properties.
In commercial property management, a building’s reputation is equally as important as its balance sheet. We deliver commercial real estate that meets the needs of our tenants, maintains the environment of our developments, and enhances the communities we serve.
Our Commitment to Excellence
Ackermann Group’s commercial management team is at the forefront of delivering top-tier commercial real estate solutions. We’re not just managing commercial properties; we’re fostering communities where businesses can thrive. Our commitment runs deep, focusing on traditional customer service values, ensuring the pristine condition of our properties, and providing exceptional maintenance services. By prioritizing the asset and surpassing business owners’ expectations, we establish a foundation of trust and excellence.
We elevate operational efficiency to new heights, optimizing every service to ensure cost-effectiveness. This includes engaging in competitive bidding, offering insightful repair or replacement advice, and conducting thorough annual reviews of vendor contracts. Our approach ensures we maintain tenant relationships, adhere strictly to lease agreements, and ultimately, enhance tenant satisfaction, retention, and renewal rates.
We Increase Value
Ackermann Group has successfully managed remarkable increases in asset value, cash flow, operational efficiency, and the strategic enhancement of our sites. Recognizing the unique nature of each property, we tailor our services to maximize outcomes for our owners.
Join us in creating spaces where businesses not only succeed but thrive in community!