Promanas Website
Promanas Overview
Promanas is a privately held U.S. real-estate investment firm, based in Ann Arbor, Michigan, that structures real-estate investment vehicles for accredited investors. It was founded in 2008 by John Bogdasarian, who moved from residential real-estate sales into commercial real-estate, believing there was a demand for “passive yet professionally managed” real-estate investments for people who didn’t want the hassle of direct ownership.
Their strategy is broad: rather than limiting to one asset class or region, Promanas pursues acquisitions, value-add repositioning, and developments across various property types including office, industrial, medical facilities, condos/apartments, and other commercial real estate. Their goal is to offer investors a diversified real-estate portfolio via private equity / fund-style structures — combining cash-flowing “acquisition” deals with development/value-add projects.
Over time, Promanas claims to have built a substantial investor base (hundreds of accredited investors), and a historical track record spanning millions of square feet across multiple projects. Their publicly shared track record includes both cash-flow deals and development exits, with examples showing realized investor returns on completed projects (e.g. certain condo developments and industrial/office building flips).
Address
Ann Arbor,
Michigan
Year Founded
2008
Operates In
Michigan
Asset Classes
Office
Multifamily
Condominiums
Accepted Investors
Accredited