Looking Back at 2018...What A Year!!!
What an amazing year 2018 was for McKenna Capital and our investors! We are truly grateful for the many new relationships and partnerships formed and the ongoing relationships which keep getting stronger and stronger. We completed 12 deals, totaling 3,059 units, and provided many new opportunities to a rapidly growing investor base!
Our 12 deals comprised of (9) value-add multifamily apartment complexes (2) self-storage facilities and (1) manufactured home park fund, giving our investors a diversified offering of recession-resistant, cash flowing opportunities to enhance their portfolio and grow their wealth. All of these properties are located in high growth markets (job & population) across the U.S., totaling 6 states in all. (Texas, Arizona, Florida, New Mexico, South Carolina and Georgia)
I'm happy to announce all of our deals are currently meeting or exceeding expectations and nearly all of our investors participated in multiple deals. The #1 response from new investors is that they wish they knew about these types of opportunities sooner, so it is our mission to help spread the word. We were able to help many new investors learn about the benefits of investing in real estate syndications, and we're excited our strong investor base continues to grow at a rapid pace as our distribution list just eclipsed 1,000 investors!
As we look into the new year, here's what we're focused on:
Reviewing our operator partnerships and discussing their outlooks for 2019 (markets, deal flow, strategies)
Forming new partnerships or expanding on niches that might make sense for us and our investors.
Growing our team, tools and processes to enable us to scale and to continue to provide a great customer experience.
We're very thankful for the opportunity to be part of your investing journey and couldn't do this without you, so here's to a great 2018 and an even better 2019!
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