Our story began in 2002 with a vision to help individual investors build wealth through commercial real estate investments. Founder and CEO Monte K. Lee-Wen built The PPA Group and turned it into a successful multi-faceted commercial investment and servicing corporation in just 15 years.

In the fall of 2006, The PPA Group moved its offices from Seattle, Washington to the beautiful hill country that is Austin, Texas. Despite the changes in the financial markets, we have managed to grow The PPA Group family and its portfolio of clients. The PPA Group ranked 11th in INC. Magazine’s annual ranking of the Fastest Growing Real Estate Companies in the country in 2010, climbing up from 47th place in 2009.  

ppa awards

One of PPA’s properties, Sunset Canyon Apartments, won the 2012 Property of the Year Award given by the San Antonio Apartment Association.

In 2017, another PPA property, Aviator at Brooks, won the Best New Development Award given by the San Antonio Business Journal.

As the parent company of a property management firm and discretionary funds firm, PPA is in a position to create opportunities for investors to enjoy all the benefits of multifamily real estate ownership.

PPA’s family of companies also includes:


CLEAR Property Management: offering property owners a full range of property management services including value-add expertise, due diligence, management plans, and construction oversight throughout Texas.


Casoro Capital: offering multifamily discretionary funds that are suitable and attractive to high net worth individuals, family offices, and institutions to invest in.


Performance Utility Management & Billing: the multifamily go-to provider for energy procurement services (free), utility management, utility billing, water conservation and submetering products.


Ingenium Construction: Your approachable and dependable general contractor specializing in multifamily, retail, and office renovations.