# Presidium

> Presidium is a privately held, vertically integrated real estate developer, owner and operator founded by former lawyers John Griggs and Cross Moceri. The company grew by acquiring underperforming housing, renovating it and managing the turnaround in-house; it now reports roughly $2.6 billion in assets under management, more than 8,000 apartment units and over 50 assets, while expanding into ground-up multifamily and large mixed-use projects.

- **Founded:** 2003
- **Headquarters:** Austin, United States
- **Founders:** John Griggs (Co-CEO and Co-Founder), Cross Moceri (Co-CEO and Co-Founder)
- **Team size:** Approximately 200 employees in supplied company data; Presidium publicly cited almost 300 employees in 2020.
- **Products:** Value-add acquisitions, Ground-up development, Property and asset management, Master planning, Distressed-asset and special servicing
- **Notable:** Built a reported portfolio of approximately $2.6 billion in assets under management, 8,000-plus apartment units and more than 50 assets., Completed a $210 million recapitalization with Partners Group in 2017, then its largest transaction., Named Multi-Housing News Development Company of the Year in 2023.

## Products & services

- **Value-add acquisitions** — Acquisition, rehabilitation and repositioning of underperforming multifamily properties in strong markets and submarkets.
- **Ground-up development** — Site selection, design, entitlement, construction and lease-up of multifamily and mixed-use projects.
- **Property and asset management** — In-house leasing, operations, maintenance, reporting and stabilization for Presidium and partner-owned communities.
- **Master planning** — Planning and execution for multi-phase districts combining residential, retail, hospitality, entertainment and public space.
- **Distressed-asset and special servicing** — Workout, disposition and recovery services for complicated real estate portfolios and stalled developments.
- **Presidium Capital** — Private real estate investment opportunities and capital formation around the firm's projects.

## Achievements

- Built a reported portfolio of approximately $2.6 billion in assets under management, 8,000-plus apartment units and more than 50 assets.
- Completed a $210 million recapitalization with Partners Group in 2017, then its largest transaction.
- Named Multi-Housing News Development Company of the Year in 2023.
- Ranked No. 22 on the 2025 Best Places to Work in Multifamily list.
- Completed four Jacksonville-area luxury communities by 2024.
- Expanded into New Mexico with the 171-unit Presidium Casa Siena, completed in 2025.
- Delivered 358-unit Presidium Tech Ridge and 283-unit Presidium Waterford in Austin in 2025.
- Secured AEG Presents to operate a planned 4,000-capacity venue at River Park.

## Latest updates

- **2026-03** — Weitzman said the first roughly 28,000-square-foot phase of retail at The Row was on track to break ground in mid-2026.
- **2026-02** — Presidium's press page reported continued progress on the 4,000-seat Austin music venue, targeting completion in 2027.
- **2026-01** — Presidium reported completing the 374-unit Presidium 183 near Austin's Domain.
- **2025-11** — Presidium reported completing Presidium 183 and the 338-unit Presidium Valley View in North Texas.
- **2025-10** — The company completed the 171-unit Casa Siena, its first New Mexico development.
- **2025-09** — Presidium completed the 283-unit Waterford community in North Austin.
- **2025-06** — Presidium completed the 358-unit Tech Ridge community in Northeast Austin.

## Links

- Website: https://presidiumre.com
- LinkedIn: http://www.linkedin.com/company/presidium-group
- Twitter/X: https://twitter.com/presidiumre/
- Instagram: https://www.instagram.com/presidiumre/
- Facebook: https://www.facebook.com/PresidiumRE/

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Profile page: https://yespress.io/presidium
Published by YesPress — https://yespress.io
Last updated: 2026-08-21