Our Story
From Groundwork to Growth:
The Story of Rise Select
Founded on the belief that integrity, diligence, and creativity lead to long-term value, Rise Select is the result of a partnership rooted in experience and vision. Since 2018, co-founders Ryan Schmidt and Gopal Sadagopal have steered the company from small-scale acquisitions to a focused portfolio of student housing communities worth over $211 million, managing 6,500+ beds across the U.S.
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With a combined 50+ years in real estate, their journey started long before Rise Select was named — in single-family rentals, small multifamily units, and a shared drive to build something lasting. Today, Rise Select operates with a clear mission: to unlock value in underperforming student housing assets while staying true to its foundational values — honesty, kindness, depth, and joy in the process.
The Rise Timeline
What began as individual investments has grown into a $211M portfolio of student housing across the United States. Follow our journey from 2008 to today.
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2008
Ryan began investing in single-family homes
Purchased 50 homes, laying the foundation for long-term real estate growth.
2010
Gopal transitioned from tech to real estate
After exiting his software businesses, he began acquiring condos and townhomes.
2014
Ryan and Gopal joined forces
Co-invested in 9 multifamily properties using personal capital.
2018
Rise Capital - Our Foundation
Our journey began by opening investment opportunities to a close circle of friends and family under our initial name, Rise Capital.
2019 - Present
Managing a national student housing portfolio
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Rebranded as Rise Select: Period of strategic expansion.
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Portfolio Growth: 6,500+ beds nationwide, valued at over $211M.
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Capital Raised: Over $49M in equity.
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Investor Returns: Significant returns to investors, ranging from 25% to 60% ROI.
