The Firm & Our Principals | The Laager Group

Why Laager

More direct. More aligned. More accountable.

Large institutions offer scale. A focused sponsor offers something different: the people making the investment decisions stay close to the asset and to the investors throughout the life of the investment. The Laager Group operates with a boutique structure built around selectivity, direct principal involvement and clear accountability.

01 / Alignment

We Invest Alongside Our LPs

Our principals commit capital alongside investors, so investment outcomes matter to us personally as well as professionally.

02 / Access

Direct Access to Decision-Makers

Investors can communicate with the principals responsible for acquisitions, financing and asset oversight—not through layers of relationship managers.

03 / Selectivity

Selective by Design

We are not built around constant capital deployment. We can pass when pricing, financing or the business plan does not meet our standards.

04 / Execution

Fewer Layers, Clearer Accountability

A lean decision structure keeps information close to the people responsible for the investment and supports timely, accountable responses as conditions change.

Who We Are

A focused multifamily investment platform.

The Laager Group is a specialized real estate investment firm that sources, structures and oversees private multifamily investments. We work with investors who value careful underwriting, direct sponsor access and clear alignment.

Built around execution rather than volume.

We concentrate on multifamily properties where price, financing, operating fundamentals and a clearly identifiable business plan create a rational basis for investment. We do not need every deal to work; we need the deals we pursue to withstand scrutiny.

Our role extends beyond acquisition. We remain engaged with property management, capital planning, leasing, financing and investor reporting throughout the investment period.

Multifamily FocusConcentrated expertise in operating apartment communities rather than a broad collection of unrelated asset classes.

Disciplined UnderwritingWe stress-test rents, expenses, debt, capital needs and exit assumptions before relying on projected returns.

Active OversightThird-party property management is paired with hands-on asset-management oversight and regular operating review.

Economic AlignmentWhere applicable, sponsor capital and performance-based economics are structured so interests remain meaningfully aligned.

Experience

Nearly 50 yearsCombined real estate investment experience across the principals.

Full Cycle

7+ investmentsMultifamily investments taken from acquisition through disposition in prior principal capacities, with additional full-cycle experience across the team.

Execution

Principal-ledAcquisitions, financing, underwriting and asset oversight remain directly connected to the senior team.

Our Team

Experienced principals. Hands-on execution.

Nearly 50 years of combined real estate investment experience, with senior principals directly involved in acquisition, financing, underwriting and asset oversight.

Andrew Tischer

Founder & Managing Director

Acquisitions · Financing · Investment Strategy · Asset Oversight

Andrew brings more than 20 years of real estate investment experience within a broader three-decade career in investment management and financial markets. His background includes portfolio management for a global REIT hedge fund, Citigroup Global Markets/Smith Barney, Magellan Financial in Tokyo and boutique investment banking.

His prior principal-sponsored multifamily experience includes seven investments taken full cycle through separate deal-specific entities, where he served as a 50% co-general partner and a key principal on acquisition financing.

Rodeen Rahbar, MD

Director

Investment Review · Strategic Oversight · Investor Perspective

Dr. Rahbar brings more than 12 years of multifamily real estate investment and business experience. He contributes to investment review, capital allocation and strategic oversight, with particular perspective on the priorities of physicians and other professionals investing in private real estate.

Outside real estate, he is a practicing vascular surgeon and entrepreneur who founded and scaled medical practices, including one that completed a private-equity transaction.

Hugh Sales

Asset Management

Underwriting · Negotiation · Asset-Level Oversight

Hugh brings more than 15 years of direct real estate investment experience within a four-decade executive business career. His background spans multifamily, residential, commercial, senior living and ground-up development across multiple U.S. markets.

He has also taken additional real estate investments full cycle in prior ownership roles. At Laager, he focuses on underwriting, negotiation and asset-level operating oversight. Hugh holds an MBA and a Ph.D. focused on venture capital.

Continue exploring the information behind our investment approach.

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