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Gray Capital purchases large (100+ units) existing and cash flowing multifamily apartments in growing secondary and tertiary Midwest markets. We utilize value-add and core-plus strategies that provide tax-sheltered cash flow and strong value appreciation to investors. As a vertically integrated firm with in-house property management, asset management, and construction, Gray Capital is able to move quickly and control the entire process—cutting out middlemen and driving performance of the assets we invest in. We maximize the value of the communities we invest in while also taking advantage of inefficiencies in the commercial real estate investment market—leveraging the meta demographic, social and economic currents that continue to drive the growing multifamily market to deliver outsized returns.

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Spencer Gray is the CEO of Gray Capital.

16 people are employed at Gray Capital.

Gray Capital is based in Indianapolis, Indiana.

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