Platform

Multifamily investment in the suburban Northeast.

Grove Residential is a multifamily investment and operating platform focused on acquiring and managing sub-$25M Class B properties across suburban Philadelphia and the suburban New York metro area, executed through a hub-and-spoke operating model as the portfolio scales.

Launched May 2026  ·  Markets: PA / NJ / NY / CT

How we invest

The platform.

  1. Sub-Institutional Focus

    Sub-$25M Class B assets fall below the size threshold most institutional capital targets, a structurally less competitive, less efficiently priced corner of the multifamily market.

  2. Concentrated, Proximate Markets

    Acquisitions are deliberately concentrated in a small number of counties the team knows well, chosen for strong household incomes, quality schools, and constrained multifamily supply.

  3. Affordability-Driven Demand

    Class B workforce housing sits within reach of the area's median-income renter, insulating demand from economic cycles as institutional Class A supply and single-family ownership costs continue to climb.

Hands on Management

“We’re visiting newly acquired properties every week. Site visits never stop. We’re on-site to make sure the product is what we want it to be. This is the most expensive expenditure a resident will make, and we want prospective residents to see the value the moment they arrive for their first tour, and every day after as a resident: a clean community with responsive management.”

$8M

Equity deployed or under contract

Who we are

The founders.

  • 24+

    Combined Years of Multifamily Experience

  • $4.0B+

    Multifamily Transaction Volume Led or Supported

  • 20,000+

    Apartment Units Directly Asset Managed

  • $150M+

    Capital Projects Designed & Overseen

Johnny Gregorio, Co-Founder and Principal of Grove Residential

Johnny Gregorio

Co-Founder & Principal

Johnny Gregorio is a multifamily real estate investor and operator with over 14 years of experience spanning acquisitions, asset management, portfolio management, development, and property operations. Prior to co-founding the firm, Johnny served as Senior Vice President at Eagle Rock Advisors, where he directly oversaw a 6,000-unit multifamily portfolio valued at approximately $2.0 billion. His responsibilities included portfolio strategy, budgeting, capital planning, operational oversight, fundraising support, investor relations, and development initiatives.

Over the course of his career, Johnny has led or supported more than $4.0 billion of multifamily acquisitions, recapitalizations, and dispositions across the Northeast and Mid-Atlantic regions. Prior to Eagle Rock, Johnny served as an Asset Manager and member of the Executive Committee at GoldOller Real Estate Investments, where he oversaw a $1 billion multifamily portfolio across the Southeast, Midwest, and Northeast and played an active role in corporate strategy, development, and third-party management growth initiatives. He began his career at Morgan Properties supporting construction, facilities, purchasing, and corporate operations across a large institutional multifamily portfolio. Johnny earned a BA in Economics from Rutgers University.

Personal

Johnny lives in Manhattan with his wife and two children. As a family, they enjoy spending time in Central Park, exploring the Mountain West (especially national parks, with the Tetons a particular favorite), and time at the Jersey Shore. Johnny recently completed the Lake Placid Ironman, adding to a list of endeavors that includes a half Ironman and six marathons.

Ryan Evans, Co-Founder and Principal of Grove Residential

Ryan Evans

Co-Founder & Principal

Ryan Evans is a multifamily real estate investor and operator with 10 years of experience across acquisitions, asset management, and operational strategy. Prior to co-founding the firm, Ryan worked at Tishman Speyer, where he most recently served as Director of Asset Management overseeing a portfolio of operating businesses at Rockefeller Center focused on strategic planning, capital allocation, and value creation initiatives. Prior to that role, he managed a 1.4 million square foot office portfolio in the Tri-State area, helping lead refinancing, disposition, and repositioning initiatives across multiple assets.

Before Tishman Speyer, Ryan spent four years at Eagle Rock Advisors, a vertically integrated multifamily investment firm with approximately $1.5 billion of assets under management at the time. During his tenure, he oversaw a 2,400-unit multifamily portfolio across New York, New Jersey, Pennsylvania, and Connecticut, driving operational and capital initiatives that consistently exceeded underwriting expectations. Prior to transitioning into asset management, Ryan worked on the acquisitions team, where he focused on financial underwriting, market analysis, and transaction diligence for prospective multifamily investments.

Ryan received his MBA with distinction from the USC Marshall School of Business and holds dual undergraduate degrees in Economics and Sport Management from Syracuse University.

Personal

Ryan lives in Manhattan with his wife and two children. As a family, they enjoy traveling, hiking, and rock climbing in Colorado. Ryan enjoys staying active and following New York sports teams. Prior to his career in real estate, he spent a year working in the New York Yankees front office. He recently completed the NYC Marathon, finishing with a faster time than Johnny did in his first marathon.

What we own

Current portfolio.

Browning Pacific Apartments, a two-story brick apartment building in Collingswood, New Jersey

Browning Pacific Apartments

Collingswood, NJ  ·  17 units

Closed

Clinton Street Apartments, a two-story apartment building in Cornwall, New York

Clinton Street Apartments

Cornwall, NY  ·  23 units

Closed

Contact

Speak with the principals.

Whether you are an investor, an owner considering a sale, or a broker with an opportunity, your message goes straight to the principals.

Grove Residential does not solicit investments through this site. Inquiries are reviewed by the principals.