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Since 1998 · Ridgewood, NY

Revitalizing the
historic neighborhoods
of middle America.

CPR Property Group acquires and reimagines small-to-mid-size apartment buildings in the gentrifying cities of Ohio, Pennsylvania, and New York State — preserving character while bringing authenticity, quality, and opportunity back to the urban core.

Years
25+
Buildings
20+
Markets
3states
Assets Held
Long-term
SCROLL
The Times Building The Sebastian Shaker House Faculty House The Alhambra The Canterbury Falcon’s View The Gerke Building The Majestic The Victoria Vine Street The Times Building The Sebastian Shaker House Faculty House The Alhambra The Canterbury Falcon’s View The Gerke Building The Majestic The Victoria Vine Street
Our Philosophy

Authentic places.
Real neighborhoods. Lasting value.

Across America, towns and cities of all sizes are dusting off neglected downtowns and putting policies in place that encourage redevelopment. Driving this shift is a new generation’s desire to live, work, and build community in authentic places with robust historical connections.

We recognized this trend early. While based in New York, we built proprietary analytic tools to uncover the best opportunities in these emerging markets — properties too small for institutional investors and too often overlooked locally. We acquire, reposition, and hold for the long term; improving buildings, appreciating value, and contributing to the virtuous cycle that lifts the neighborhoods around them.

The Mandate

Preserve the character.
Upgrade the standard.
Keep it affordable.

Our buildings are historical by nature — full of the detail and craftsmanship a new build can’t replicate. We bring them to modern standards of safety, efficiency, and comfort while keeping rents attractive for the communities we invest in.

What We Do

A disciplined
four-step approach.

From sourcing overlooked opportunities to long-term stewardship, every CPR investment follows the same proven playbook — built over two decades of hands-on practice.

01 / Sourcing

Proprietary
market analytics

Our tools surface the best small-to-mid-size buildings in emerging urban cores — deals too small for institutions and too fast-moving for local competition.

02 / Acquisition

Disciplined,
decisive underwriting

We move quickly and purposefully. Every acquisition is underwritten for durable cash flow, historic character, and repositioning upside.

03 / Reposition

Respectful,
modern upgrades

Safety, efficiency, and liveability brought to contemporary standards — without erasing the texture that makes each building matter.

04 / Stewardship

Buy-and-hold,
continuously reinvested

Professional on-site management backed by technology. Constant reinvestment improves our assets — and the neighborhoods that surround them.

By The Numbers

Two decades of
quiet, consistent results.

25+
Years in practice
20+
Buildings acquired
3
States of operation
100%
Buy-and-hold portfolio
Signature Portfolio

Historic buildings,
reimagined.

A selection of the condominium projects, rental buildings, and multifamily conversions currently in the CPR portfolio. Each retains its authentic character — upgraded for the way people want to live today.

Explore the full portfolio — condominium projects, rental buildings, and current redevelopments in every CPR market.

See Every Property
In Development

Current projects.

Active acquisitions and redevelopments across CPR’s core markets — at every stage from underwriting to lease-up.

Founding Partner
Who We Are

Twenty-five years
of real estate, done
the right way.

CPR was founded by Noah Smith — a New York–based broker, investor, and developer with more than two decades of experience across residential, mixed-use, and multifamily conversions. His signature style is visible in every project we touch: eco-conscious buildings that respect their neighborhoods, and create a better environment for owners, tenants, and the communities around them.

Property management and construction is handled by our sister company, NS Construction, so every building is managed and maintained by the same team that acquired and repositioned it.

— Noah Smith
As Featured In
The New York Times Forbes Multifamily Executive Cincinnati Business Courier Cleveland.com
In The News
Investor Opportunities

Partner with a team that
knows these markets cold.

We work with private investors who want exposure to well-underwritten, long-hold apartment buildings in the cities rewriting their own futures. If that sounds like you, let’s talk.

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