KRI Partners
Founded in 1997
kripartners.com
Overview
investor capital managed
$17,175,000
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 Multiple | |
|---|---|---|---|---|---|---|---|---|
 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 | |
 Milverton Apartments | Direct Real Estate | 12/18/2003 | $658,000 | 09/12/2006 | $1,450,000 | 36.8% | 2.36x | |
 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 | |
 Coachman Club Apartments | Direct Real Estate | 05/18/2015 | $5,900,000 | 11/09/2017 | $8,200,000 | 32.71% | 1.96x | |
 South Moreland Apartments | Direct Real Estate | 11/01/1997 | $575,000 | 11/01/2000 | $750,000 | 47.42% | 3.21x | |
Page 1 of 2
Active investment summary
Amount of Active Investments
$7,425,000
Co-invested Capital
$237,500
Realized investments summary
Amount of Realized Investments
$44,823,500
Average IRR
368.34%
Average Equity Multiple
11.45x
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
Full Cycle
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
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
Full Cycle
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
Copyright © Verivest LLC 2021
Verivest is not registered with the SEC or any similar state agency, is not an investment advisor and does not offer investment advice. Verivest does not (and cannot) recommend any of the sponsors or investment opportunities referenced on this site. All private investments involve risk and uncertainty, including lower than projected returns and a complete risk of loss of invested capital. Investors should conduct thorough due diligence and consult with qualified legal and financial advisors before making any investment decisions.