Doug Fraser

Doug Fraser is the Director of Acquisitions at 37th Parallel Properties, a multifamily real estate investment firm based in Richmond, Virginia.4 In his role, Fraser leads the acquisition efforts for the company, focusing on sourcing, investment analysis, and deal structuring activities.6

Fraser has played a key role in 37th Parallel's recent growth and expansion:

1. He was instrumental in the company surpassing $1 billion in total transaction value, with $300 million in transactions in 2022 alone.1

2. Fraser has been involved in several significant acquisitions, including:

   • The Grand Reserve, a 291-unit community in Katy, Texas1
   • The Heights of Cityview, a 344-unit complex in Fort Worth, Texas2
   • Greys Harbor at Lake Norman, a 312-unit community in Huntersville, North Carolina3

3. Under his leadership, two-thirds of the company's acquisitions in 2022 were sourced off-market, leveraging industry relationships to find opportunities during market volatility.15

4. Fraser has been involved in expanding 37th Parallel's presence in key markets, including Dallas-Fort Worth, Houston, and Charlotte.23

Fraser's expertise lies in identifying value and capitalizing on market dislocations throughout economic cycles.3 His strategic approach has contributed to 37th Parallel's successful track record, including maintaining 100% profitability for its investors.1

With his position at 37th Parallel Properties, Doug Fraser continues to play a crucial role in the company's growth and expansion strategies in the multifamily real estate sector across the South and Southeast United States.