Brokers & Owners
For Multifamily Owners, Brokers, and Referral Partners
KADAK Multifamily is actively reviewing apartment acquisition opportunities across select U.S. markets. We value speed, discretion, underwriting discipline, and relationship-driven deal flow.
01 · For Owners Considering a Sale
Private conversations before public processes.
Not every sale should start with a broker package and a bid date. Owners come to KADAK when timing, structure, or confidentiality matter more than a wide auction — and when they want a principal on the other side of the table, not a committee.
- Succession, family transitions, and ownership consolidation
- Partnership changes, GP/LP restructures, and buy-outs
- Loan maturity pressure, rate-cap expiration, and refinance friction
- Capex fatigue on assets that need re-underwriting, not just re-listing
- Estate planning, trust events, and generational transfers
- Portfolio pruning — selectively releasing assets that no longer fit the mandate
Every conversation is confidential. Nothing moves without the owner's direction — no market chatter, no shopping, no leaks.
02 · For Brokers and Investment Sales Teams
Clarity beats theater. Every time.
We respect broker relationships and protect fees. What we don't do is waste a broker's time on deals that do not fit — you get a real answer, not a slow drip of committee questions from a group that was never going to bid.
Fast feedback
Initial principal-level response within 48–72 hours on complete packages.
A clear, published buy box
You know before you send whether the asset, size, vintage, and market fit our mandate.
Credibility with sellers
Institutional underwriting, equity certainty, and lender alignment — no soft LOIs written to advance a look.
Data-room discipline
Organized diligence, targeted questions, and a short list of what actually blocks close.
Best-and-final integrity
If we advance, we advance on price and terms we can hold. We do not use B&F as a discovery process.
No retrade behavior
Diligence issues are surfaced early and priced early — not saved for closing week.
03 · For Referral Partners
You often hear about the deal before the market does.
Lenders, attorneys, CPAs, realtors, property managers, and operators sit closer to owner intent than the brokerage community. When you meet an owner facing a decision — maturity, transition, restructure, retirement — we are a discreet, principal-level buyer to introduce.
- Commercial lenders and debt brokers navigating maturity or workout
- Real estate and estate-planning attorneys advising on ownership transitions
- CPAs and family office advisors managing 1031, DST, or basis conversations
- Residential and commercial realtors approached by owners of small portfolios
- Property managers with owners quietly considering an exit
- Operators seeking a recap or capital partner instead of a full sale
Referral partners are treated as long-term relationships. Introductions are handled with the same discretion we extend to owners themselves.
04 · What We Buy
The KADAK Multifamily buy box.
- Class A-, B+, strong B multifamily
- 100+ units preferred
- 1990+ vintage preferred
- $25M – $150M+ typical target range
- Texas, Florida, North Carolina, Georgia, Tennessee, Arizona, Indiana, Alabama
- Core-plus, light value-add, recap, assumable debt, portfolio, special situations
- Below-replacement-cost basis preferred
- Realistic taxes, insurance, capex, debt, and exit liquidity required
05 · What We Avoid
Honest about the deals that don't fit.
Being direct about what we don't buy saves brokers, owners, and referral partners real time. If a deal shows any of the below, tell us anyway — we will still respond quickly, but expect a clear pass rather than a slow maybe.
- Weak crime pockets that do not clear diligence, regardless of price
- Unsupported seller financials — pro-formas without traffic, occupancy, or lease trade-out to back them
- Tax and insurance fantasy that ignores post-sale reassessment and actual carrier quotes
- Heavy deferred maintenance without a corresponding price adjustment
- Submarkets with thin exit liquidity or dependent on a single buyer archetype
- 1970s capex traps — plumbing, roofs, and electrical that consume the entire value-add budget
- Deals that only work with hero rent growth, cap-rate compression, or aggressive stabilization timing
Next Step
Send the deal. Start the conversation.
Whether it's a full marketed package, a quiet off-market look, or a call before anything is public — we respond with clarity.
Confidentiality & Investor Communications
How your information is handled — at submission, under contract, and after close.
Who actually sees a submitted package?
Acquisitions principals only. Offering memoranda, T-12s, rent rolls, and seller-provided diligence are reviewed inside the firm and are not forwarded to outside brokers, lenders, or capital partners without the seller's or listing broker's explicit consent.
How is off-market and pre-market information handled?
Off-market and pre-market dialogue is treated as confidential by default. We do not shop the file, name the asset on calls, or reference it in market commentary. If a listing broker has representation, we route the conversation through them.
Do you sign NDAs and confidentiality agreements?
Yes. Standard mutual NDAs and seller- or broker-issued confidentiality agreements are executed at the principal level. Send the form with the package and we will return it promptly.
Will my submission be shared with KADAK's investors or capital partners?
Not at submission. Deal-level information reaches capital partners only after the opportunity is under LOI or contract, and only to the extent required to finalize equity commitments — never as part of general fundraising materials, newsletters, or marketing.
How does KADAK communicate with investors about a live deal?
Investor communications on a live transaction are limited to vetted, committed capital partners under confidentiality, and are scoped to what is needed to close. Broad investor updates reference closed assets and portfolio-level performance, not pipeline submissions.
After a pass, what happens to the materials I sent?
Passed files are retained internally for reference and to honor broker representation on future looks. They are not redistributed, repackaged, or used to source competing offers.
How is broker representation protected in investor-facing materials?
Representation is honored in the LOI, the PSA, and any subsequent capital partner materials. Brokers are named and protected through closing; we do not encourage sellers to circumvent representation at any stage.