Kanesville Capital
Kanesville Capital is a privately held real estate company based in Dallas, Texas, specializing in commercial real estate with a focus on multi-family, storage, retail, office, medical, and industrial properties. Founded in 2018, the company employs a team of two and targets markets with strong economic growth, delivering risk-adjusted returns through strategic acquisitions and operational improvements.
Company Overview
Kanesville Capital is a privately held company founded in 2018, headquartered in Dallas, Texas. The company operates within the real estate industry, focusing on commercial real estate and related operating businesses. With a very small team of two, Kanesville Capital specializes in acquiring and managing Value-Add and Core-Plus properties. The firm emphasizes strategic acquisitions in key markets, leveraging demographic and growth statistics to inform its investment decisions.
Investment Focus
Kanesville Capital offers a diversified mix of investment opportunities across multiple platforms, including Multi-Family, Storage, Retail, Ground Up, Office, Medical, and Industrial sectors. The company evaluates properties based on both upside potential and downside risk, ensuring a balanced approach to investment. The Multifamily Acquisition Platform specifically targets B-class value-add properties located in well-positioned neighborhoods, aiming for consistent rent growth and low vacancy rates.
Specialties and Services
The company has developed specialties in underwriting, due diligence, and advisory services within the commercial real estate sector. Kanesville Capital focuses on repositioning assets through operational improvements, renovations, rebranding, and ground-up development. The firm aims to deliver risk-adjusted returns to investors by targeting properties that are resistant to the impacts of online retail changes, particularly in the retail and industrial sectors.
Market Strategy
Kanesville Capital targets U.S. markets that demonstrate consistent economic growth, population increases, and job creation. The company plans to expand its operations throughout Texas, Florida, and the south-central region of the United States. Its investment strategy includes a multi-generational approach to commercial acquisitions, focusing on markets with strong underlying demographics and growth statistics.
Recent Acquisitions
In its investment activities, Kanesville Capital has acquired two apartment properties in San Antonio, totaling 388 units. This acquisition aligns with the company's strategy to invest in multifamily assets that offer value-add opportunities. The firm aims for predictable and above-average returns in its investments, particularly in the storage sector, which is characterized by low operational overhead costs.