Founded in 1938, AG is a fully integrated operating company specializing in the acquisition, development, repositioning, and management of multifamily real estate. Our roots in construction and development have given us a deep understanding of design, quality control, and long-term asset performance. This foundation has shaped us into an industry leader, recognized for our operational excellence and disciplined approach to creating long-term value across the full lifecycle of multifamily assets.
Multi-family real estate investment and property management comprise the majority of our business, with a focus on communities in stable, dependable markets. Headquartered in Cincinnati, Ohio, we have invested in assets across Indiana, Ohio, Kentucky, and South Carolina.
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.
Founded in 1938 by Rudolf Ackermann, Ackermann Group began constructing single-family homes and 4 family apartments
Tom Ackermann established a reputation in the region as a considerate, results-driven construction, management and development company
Dobbs Ackermann took the development business to the next level while creating a property management division
Dobbs added investment as a third component to support both development and property acquisition
Began syndicating investments with 15 friends and family
15 friends and family grew to 85 investors across 5,110 apartment units
AMF Fund/ $95MM
AMF Fund II/ $200MM
“Ackermann Group” became 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 properties 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.
We would love to hear from you, whether you are a current resident, looking for an apartment, or interested in working for us.
