For Investment Sales
KADAK Multifamily Broker Acquisition Kit
Everything your investment sales team needs before sending KADAK an opportunity.
National acquisition mandate
What KADAK is actively acquiring.
- Conventional market-rate multifamily — Class A, A-, B+ and strong Class B
- 200+ units preferred; 100+ units considered selectively on location, basis or strategic value
- $25M–$150M+ transaction range
- Generally 1990+ vintage; older assets only where location, basis and condition support institutional ownership
- Core-plus, value-add, recapitalizations, assumable debt, portfolios, off-market and pre-market situations
- Developer liquidity, lease-up, capital-stack restructurings and select special situations
KADAK does not pursue deep-value-add Class C strategies as a core mandate. We focus on good assets, strong locations and defensible basis.
Target markets & buy box downloads
Market acquisition criteria.
Acquisition Criteria Updated August 2026. No form required — download, save and share with your team.
Dallas–Fort Worth
Class A-, B+ and strong B communities · 200–500+ units preferred · $25M–$150M+
Houston
Class A-, B+ and strong B communities · 200–500+ units preferred · $25M–$150M+
Austin
Class A-, B+ and strong B communities · 200–450+ units preferred · $25M–$150M+
San Antonio / New Braunfels
B+, A- and select strong B communities · 200–450+ units preferred · $25M–$125M+
Phoenix
Class A-, B+ and strong B communities · 200–450+ units preferred · $25M–$150M+
Atlanta
B+, A- and strong B communities · 200–500+ units preferred · $25M–$150M+
Charlotte / Raleigh-Durham
Class A-, B+ and strong B communities · 200–525+ units preferred · $25M–$150M+
Tampa / Orlando
Class A-, B+ and strong B communities · 200–450+ units preferred · $25M–$150M+
Deal submission requirements
What to send with an offering.
- Offering memorandum or property summary
- T-12 and T-3 operating statements
- Current rent roll
- Asking guidance or pricing expectations
- In-place debt summary and assumption details, if applicable
- Capex history and near-term capital plan, if available
Acquisition process & response expectations
How a submission moves.
Submission
Send the package through the market page form or Submit a Deal. The market is captured automatically.
Screen
Initial screen against the market buy box — basis, submarket, vintage, unit count and structure.
Principal review
Qualified opportunities go directly to principal-level review, not an analyst queue.
Feedback
Indicative feedback within approximately 48–72 hours on complete packages — a clear yes, no, or what would change it.
FAQ
Broker questions.
What does KADAK Multifamily buy?
Conventional market-rate multifamily — Class A, A-, B+ and strong B communities, generally 1990+ vintage, 200+ units preferred (100+ selectively), in a $25M–$150M+ transaction range across our active markets.
What should a broker include in an initial submission?
Offering memorandum, T-12 and T-3, current rent roll, asking guidance, and in-place debt or assumption details where applicable. Complete packages move fastest.
How quickly does KADAK respond to a brokered offering?
Complete packages that fit the mandate receive principal-level indicative feedback within approximately 48–72 hours.
Does KADAK protect broker fees?
Yes. We respect broker relationships and fee agreements, and we are direct about whether an asset fits so your next call is a better one.
Keep my team updated
Receive updated acquisition criteria.
Acquisition criteria evolve with market conditions. Receive updated KADAK Multifamily buy boxes and acquisition notices for the markets relevant to you.
Contact
Have a Multifamily Opportunity?
Send us the package. We respond with clarity. Complete packages receive principal-level initial feedback within approximately 48–72 hours.