Magma Equities

Magma Equities is a U.S.-based real estate investment firm headquartered in Manhattan Beach, California, specializing in the acquisition, repositioning, and operation of Class A and B multifamily apartment communities. Founded in 2015, the firm leverages a vertically integrated platform—covering acquisitions, renovation/construction management, asset operations, and dispositions—to unlock value across a nationwide portfolio. Their focus includes both market-rate properties and formerly affordable or LIHTC-compliance communities nearing rent-restriction expirations, aiming to balance stable cash flow with upside potential.

Under the leadership of Managing Principal Ryan Hall and a seasoned executive team including Bob Murray, Andreea Tofan, John Fischer, and Mike Wagar, Magma Equities brings institutional-grade expertise to multifamily real estate. They report a historic AUM of roughly US$ 4.2 billion covering over 25,000 units, alongside more than $1.4 billion in acquisitions and about $135 million in renovation budgets. This scale combined with their in-house management gives investors access to a full lifecycle real-estate operation under one roof.

Magma’s core strategy centers on value creation through repositioning and renovation, especially targeting under-appreciated or transitioning assets. Their niche in managing properties nearing the end of affordable-housing restrictions (e.g., expiring LIHTC) offers a path to conversion and increased cash flow potential — often with multiple exit options: holding for income, refinancing, or resale. While they do not publicly list a standard IRR or average annual return, their scale, experience, and integrated operations make them a relevant sponsor for investors seeking long-term exposure to multifamily apartments with potential upside.