Addison Capital Investors

OUR STRATEGY

Performance You Can Count On

$88M

Transaction Volume Since Inception

133

Active Investors

553

Current Units in Portfolio

71%

% of Equity Returned to Date

About Us

ADDISON CAPITAL REPOSITIONS UNDERUTILIZED MULTI-FAMILY AND MIXED-USE ASSETS.

With diverse institutional backgrounds in financial consulting, law, engineering, and banking we take a unique approach to real estate investment. The team at ACI has built its foundation for success over the past decade by establishing best-in-class operating companies in property management, construction, leasing, and brokerage. By leveraging our vertically integrated operating companies, we control the full life cycle of the investment.

OUR INVESTMENT TEAM’S EXTENSIVE KNOWLEDGE OF VARIOUS MIDWEST MARKETS AND OUR DETAILED UNDERWRITING PROCESS, ALLOWS ACI TO STRATEGICALLY EXECUTE ON BOTH ON AND OFF-MARKET OPPORTUNITIES. 

Recent Deals

eagles ridge apartments sign with an american flag

Eagle’s Ridge Apartments

MICHIGAN

  • Details

    • Date Purchased: November 2021
    • Building Mix: 108 Units Consisting of 25 3-beds / 83 1-beds
    • Purchase Price: $10,000,000
    • Return: Projected 7.5% CAP Rate at stabilization with projected 13.5% cash-on-cash

a kitchen with white cabinets and stainless steel appliances

Suburban Chicago Scattered Site

DES PLAINES/LA GRANGE, ILLINOIS

  • Details

    • Date Purchased: 2018-2019
    • Building Mix: 4 buildings total, consisting of 57 apartments
    • Purchase Price: $6,700,000 + $3,600,000 rehab budget
    • Return: 8.1% CAP Rate and 16% cash-on-cash

a brick building with a picnic table in front of it

Euclid Place Apartments

ARLINGTON HEIGHTS, ILLIINOIS

  • Details

    • Date Purchased: October 2018
    • Building Mix: 78 Units Consisting of 4 3-beds, 26 2-beds and 48 1-beds
    • Purchase Price: $8,800,000 + $5,500,000 rehab budget
    • Return: 6.25% CAP Rate with 8.5% cash-on-cash (based on low leverage refinance)

a sign for the bristol apartment living is in front of a brick building

The Bristol

ELKHART, INDIANNA

  • Details

    • Date Purchased: September 2018
    • Building Mix: 84 Units Consisting of 12 3-beds, 57 2-beds and 15 1-beds
    • Purchase Price: $1,800,000 + $3,400,000 rehab budget
    • Return: 7.9% CAP Rate and 17.5% cash-on-cash return on originally invested equity
    • Notes: 100% of investor capital returned within 22 months of initial acquisition

a large swimming pool is in front of a large apartment building .

MODERNE

DALLAS/FORT WORTH, TEXAS

  • Details

    • Date Purchased: October 2021
    • Building Mix: 43 Units - (14) 1Beds, (29) 2 Beds
    • Purchase Price: $11,300,000
    • Return: 7.1% Cash-on-Cash Return
    • Notes: Off-Market Condo-Deconversion
a large red brick building with a lot of windows and a balcony .

357 W. Chicago Ave.

CHICAGO, ILLIINOIS

  • Details

    • Date Purchased: October 2015
    • Building Mix: 15,000 sf mixed use building (office, retail, apartments)
    • Purchase Price: $2,500,000
    • Return: Projected annual cash-on-cash return of 12%
    • Notes: Gut renovation of 4 apartments and three floors of office/retail space

Procure

Enhance

Stabilize

Deliver Returns

Addison Capital Investors (“ACI”) is a real estate investment firm headquartered in Chicago, IL focused on repositioning underutilized multi-family and mixed-use assets. We utilize a data-driven approach to identify opportunities often overlooked and undervalued by institutional firms due to market size, age and property size and financing complexities. 



Our target investment size is between 50-300 units in both urban and suburban markets. In addition to traditional multi-family acquisitions, we have extensive experience in condo-deconversions and are uniquely positioned to execute on those complex opportunities.

Our Team

ERIC WEBER headshot

Eric Weber

Principal

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DREW MILLARD headshot

Drew Millard

Principal

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STACY MONDRUS Headshot

Stacy Mondrus

CFO

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Kevin Schnell PHOTO FILLER - LAPTOP ON A DESK

Kevin Schnell

VP of Acquisitions

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With holdings across Illinois, Indiana, Texas, Wisconsin, and Michigan, we have been acquiring investment real estate since 2008. We pride ourselves on our diverse institutional backgrounds in financial consulting, law, engineering, and banking that have allowed us to take a unique approach to real estate investment. 

Investor Portal

Easy Access to Your Investment Portfolio

Our Investor Portal includes an easy-to-read Dashboard for a summary of all your investments. It’s designed to keep complex investment information simple and organized.

Understand Your Investments’ Assets

Bring your investments to life with access to detailed information. Understanding asset details will give you a more tangible investment experience and will help you have more informed discussions with our team.

Documents in One Secure Place

Paper documents lack security, can get lost, and are difficult to safely share with CPAs and other financial managers. Important investment documents are organized and stored in the Investor Portal, which is backed by state-of-the-art data security.

Real-Time Investment Performance

It’s important to have real-time visibility to your investments’ progress. The Investor Portal gives 24/7 access to easy-to-understand performance metrics with both high-level data and details.

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