Company Profile
Rampart Capital is a private investment firm specializing in the acquisition and management of multifamily real estate properties. The firm's primary mission is to enable investors to generate passive income, reduce taxes through depreciation benefits, and preserve wealth by investing in appreciating assets within the United States. Rampart Capital focuses on stabilized multifamily properties ranging from 32 to 100 units, primarily targeting growing areas in the Midwest. These properties are selected for their consistent cash flow, high occupancy rates (above 90%), and location in safe neighborhoods, aiming to provide investors with monthly tax-free dividends of 7-8% and a net return exceeding 15%.
The firm was founded in 2023 by Michael Cournoyer, who also serves as its CEO. Based in Washington, DC, Rampart Capital was established to help busy professionals engage in multifamily ownership. The name "Rampart Capital" was inspired by the Edinburgh Castle's ramparts, symbolizing strength, durability, and wealth preservation, reflecting the firm's long-term investment philosophy.
While Rampart Capital does not list specific portfolio companies in the traditional venture capital sense, its portfolio consists of multifamily real estate assets. Notable properties mentioned include The Mercantile Building in Columbus, OH (40 units), Forest Glade Homes in Jacksonville, AR (7 units), Maddox Homestead in Jacksonville, AR (6 units), and Studio One Apartments in Pine Bluff, AR (50 units). The firm manages assets under management totaling $14 million and has raised $6 million in funds, encompassing 103 units across its portfolio.
Michael Cournoyer brings a wealth of experience to Rampart Capital. He is also a partner at Vulcan Group Multifamily Brokerage, where he has gained extensive knowledge in underwriting deals, identifying risks, and effective property management. His background as a Navy veteran and a licensed Professional Engineer, where he designed systems for nuclear reactors, underscores his analytical and meticulous approach. Cournoyer is committed to investing alongside his clients in every deal and actively oversees property managers to ensure the successful execution of their business plans, maintaining a long-term mindset for generational investments.
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