KRI Partners
Founded in 1997
kripartners.com
Overview
investor capital managed
$12,375,000
Principal Experience
24 Years
Real Estate Experience
24 Years
Investment Programs Offered
Close-Ended Fund
Property Types
Multifamily
Regions
East, South
Strategies Employed
CRE Acquisition
Risk Profile
Value Add
Primary Markets
Tampa-St. Petersburg-Clearwater, FL, Deltona-Daytona Beach-Ormond Beach, FL, Orlando-Kissimmee-Sanford, FL, Jacksonville, FL, North Port-Sarasota-Bradenton, FL
Track record
15 investments · 15 assets
| Investment | Type | Inception Date | Investment Amount | Realization Date | Total Proceeds | Realized IRR | Realized Equity Multiply | |
|---|---|---|---|---|---|---|---|---|
 Van Aken Crossings | Direct Real Estate | 07/01/2006 | $3,255,000 | 04/01/2020 | $5,650,000 | 4.92% | 1.62x | |
 Crandell Apartments | Direct Real Estate | 12/01/2003 | $585,000 | 12/08/2005 | $1,170,000 | 521.63% | 40.22x | |
 Ashwood Apartments | Direct Real Estate | 12/01/2003 | $425,000 | 02/01/2006 | $765,000 | 172.72% | 8.84x | |
 Whispering Oaks Apartments | Direct Real Estate | 01/28/2019 | $4,950,000 | -- | -- | -- | -- | |
 Milverton Apartments | Direct Real Estate | 12/18/2003 | $658,000 | 09/12/2006 | $1,450,000 | 36.8% | 2.36x | |
 Belle Rive Club Apartments | Direct Real Estate | 06/28/2017 | $7,600,000 | -- | -- | -- | -- | |
 Arbours at Garden Grove | Direct Real Estate | 08/31/2016 | $7,425,000 | -- | -- | -- | -- | |
 Ashwood Courts | Direct Real Estate | 08/05/2004 | $1,225,000 | 08/15/2015 | $1,087,500 | 57.53% | 3.18x | |
 Barclay Apartments | Direct Real Estate | 01/23/2006 | $1,150,000 | 03/11/2014 | $1,251,000 | -- | -0.18x | |
 Balfour Apartments | Direct Real Estate | 12/01/2003 | $425,000 | 02/01/2006 | $765,000 | 307.21% | 21.13x | |
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Active investment summary
Amount of Active Investments
$19,975,000
Co-invested Capital
$962,500
Realized investments summary
Amount of Realized Investments
$23,693,500
Average IRR
429.69%
Average Equity Multiple
13.02x
Average Hold Period
54 months
Investments by property type
Multifamily
100%
Total
100%
Team
Kenneth A. Gee
Founder and Managing Member
· 1997 - Present
Opportunities
Open
Monitored
Multifamily
KRI Multifamily Real Estate Fund I
The Fund has been formed for the purpose of investing in a diversified portfolio of Class B and Cla...
Inception: 12/14/2020
Funded
Monitored
Multifamily
Arbours at Garden Grove
This walk-up, garden style property was built in 2001 and is comprised of 90 units in Winter Haven,...
Inception: 08/31/2016
Funded
Monitored
Multifamily
Belle Rive Club Apartments
This property was built in 1990 and consists of 104 units in thirteen walk up, garden style two sto...
Inception: 06/28/2017
Funded
Monitored
Multifamily
Whispering Oaks Apartments
This property was built in 1986 and consists of 75 units (mostly townhomes) located in beautiful Or...
Inception: 01/28/2019
Full Cycle
Monitored
Multifamily
Coachman Club Apartments
This walk-up garden style property is comprised of 72 units in Clearwater, Florida. It was purchase...
Inception: 05/18/2015
Full Cycle
Monitored
Multifamily
Van Aken Crossings
This property is comprised of 111 units in three elevator style buildings with attached parking gar...
Inception: 06/01/2006
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