We buy, build and operate the housing Ohio needs most.
R&R Grandeur Properties is a Columbus-based real estate investment and development firm. We source directly, underwrite conservatively and execute through our own construction company — so the value we underwrite at acquisition is value we control through delivery.
Four businesses. One underwriting standard.
Most sponsors outsource the hardest parts of the business plan. We own them. Acquisitions builds the pipeline, construction protects the basis, operations protect net operating income and development creates long-term equity.
01
Acquisitions
02
Construction
03
Property operations
04
Development
Direct-to-seller sourcing, wholesale relationships and broker coverage across Ohio. Every opportunity is valued at stabilization using market cap rates, less the capital required to get there — that is our offer.
Our in-house construction company, [JR Grand Homes], delivers renovations and ground-up builds. Owning scope, schedule and trade relationships keeps a renovation budget from becoming a renovation surprise.
We manage what we own. Leasing, maintenance, renewals and collections run on documented operating procedures — the same standard we apply when we operate on behalf of capital partners.
Build-to-rent communities, townhome sites and infill multifamily. We take land through entitlement, variances and site plan approval ourselves, then hand it to our own builder.
A focused mandate, executed repeatedly.
We invest only where we can renovate, lease and manage the asset ourselves, in Ohio markets where we already operate. Discipline on what we buy is what makes our execution repeatable.
Single-family rental portfolios
Scattered-site homes in the Columbus MSA, acquired and aggregated, then stabilized under one management standard.
Value-add multifamily
Ohio communities of 20 units and up, bought on stabilized value less capex, where in-house construction drives the return.
Build-to-rent and townhomes
Ground-up rental communities and townhome sites, taken through entitlement and delivered by our own builder.
Entitlement and infill
Variances, site plans and multi-dwelling conversions — the unglamorous work that creates a lasting basis advantage.
Renovation delivery
Fixed scope, fixed schedule, and weekly draw and progress reporting on every unit we touch.
Partner operations
Leasing and asset management for capital partners, on the same procedures we run our own portfolio on.
- Office, retail and hospitality assets
- Markets where we have no operating presence
- Deals that only work with aggressive rent growth
A stable base and a growing pipeline.
A stabilized single-family portfolio funds the platform. Renovation, development and multifamily are where long-term enterprise value is built.
Asset-level detail — addresses, unit counts and business plans — is shared with capital partners and lenders during diligence.
Homes we have renovated and built, in one place.
Our upcoming marketplace will feature move-in-ready homes for sale, quality rentals and rent-to-own opportunities, each renovated or built by our own team and backed by the same standard we hold for our portfolio.
Move-in-ready homes
Fully renovated single-family homes across Central Ohio.
Listings coming soonQuality rentals
Professionally managed homes and apartments, maintained by our in-house team.
Listings coming soonPaths to ownership
Rent-to-own programs that help families move from renting to owning.
Listings coming soonBe the first to see new listings.
We will email you when the marketplace opens. No spam.
The same five steps, on every asset.
Repeatability is the product. Our partners are not backing a single deal — they are backing a disciplined process that produces them.
Owning the builder is the difference between an underwriting assumption and a controlled cost.
Founder-operated, not founder-branded.
The firm is led day to day by the principals who sign for every asset, supported by a dedicated operations team.
Jhansi Gumma
Leads the firm, setting company direction and overseeing operations, construction and asset management. Owns the operating procedures that keep leasing, renovation delivery and collections consistent across the portfolio. [One line of prior professional background.]
Raj Gumma
Leads acquisitions, underwriting, capital markets and development strategy. Sets the underwriting standard every deal is measured against and manages lender and capital-partner relationships. [One line of prior professional background.]
Transparent underwriting. Institutional reporting.
During diligence we share full asset-level underwriting, construction budgets and operating history, followed by consistent reporting after close. Investment opportunities are presented separately through JR Capital, our capital arm.
Bring us a deal, a site or capital.
We review Ohio single-family portfolios, value-add multifamily from 20 units and residential development sites. If an opportunity fits our mandate, you will receive a clear answer and a real number — not a maybe.