McKenna Capital
McKenna Capital is a Glenview, Illinois-based private equity real estate firm that syndicates value-add multifamily, senior living, self-storage, car wash, and manufactured housing deals exclusively to accredited investors through a gated Investor Club, generating revenue from acquisition, asset management, and disposition fees plus promote interest.
- Company typePrivate
- Founded2016
- HeadquartersGlenview, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What McKenna Capital does
McKenna Capital is a privately-held real estate private equity firm headquartered in Glenview, Illinois, founded by Ryan McKenna circa 2017. The firm structures syndications in which it serves as co-general partner alongside strategic operating partners, pooling capital from accredited individual investors to acquire and operate value-add real estate assets. Its core offerings span five asset classes: multifamily apartments (the primary vertical, with named properties under the Rise brand), senior living developments, self-storage facilities, express car washes, and manufactured home parks. The firm also operates MC Debt Fund I, a private lending vehicle that broadens the menu beyond equity-only syndications.
Revenue is generated through the standard sponsor fee stack: acquisition fees (1-3% of purchase price), asset management fees (1-3% of monthly revenues, paid quarterly), disposition fees (~1% of sales price), and 20-30% promote/carried interest after an 8% preferred return to investors. Capital formation is conducted through the McKenna Capital Investor Club, a gated community requiring a questionnaire and accreditation verification before members gain access to deal flow. The go-to-market motion is content-led and relationship-driven, built on the Apartment Investors Club podcast, a YouTube channel, an educational blog, social media presence, and a free lead-magnet guide. The firm's only technology asset is a third-party investor portal (Cashflow Portal) used for document storage and investment tracking; no proprietary software, AI capabilities, or enterprise integrations are disclosed.
Scale metrics reported on the company website and in podcast appearances include $2B+ in cumulative real estate transactions, 15,000+ multifamily units, and 30+ full-cycle exited deals across roughly 70 syndications. Operating geographies are concentrated in Sunbelt growth markets (Texas, Arizona, North Carolina, South Carolina, Florida) with select Midwest exposure. The firm employs 1-10 people, reflecting a lean sponsor model where day-to-day property operations are executed by JV operating partners rather than in-house staff.
McKenna Capital firmographics
Firmographics- Name
- McKenna Capital
- Legal name
- McKenna Capital, LLC
- Website
- https://mckennacapital.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- McKenna Capital is a Glenview, Illinois-based private equity real estate firm that syndicates value-add multifamily, senior living, self-storage, car wash, and manufactured housing deals exclusively to accredited investors through a gated Investor Club, generating revenue from acquisition, asset management, and disposition fees plus promote interest.
- Ownership category
- akta.pro rank
McKenna Capital industry classification
Industry- Product category
- Real Estate Investment Services
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
- akta.pro secondary industries
- Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM), Real Estate Credit / Debt Funds (FSANAEAJ)
Keywords
Where McKenna Capital is headquartered
LocationHeadquarters
- HQ city
- Glenview
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
McKenna Capital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Real Estate Syndication Fees: McKenna Capital generates revenue through various fees associated with real estate syndication deals including acquisition fees (typically 1-3% of purchase price paid at closing), asset management fees (typically 1-3% of monthly revenues paid quarterly), and disposition fees (typically 1% of sales price). Additionally, the firm earns promote/carried interest through waterfall profit splits after preferred returns are met, with common structures being 70-80% to investors and 20-30% to the sponsor after 8% preferred return.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
McKenna Capital product offering
Product offeringCore offering
McKenna Capital is a private equity real estate investment firm that structures real estate syndications across multiple asset classes including multifamily apartments, senior living, self-storage, express car washes, and manufactured home parks. The firm acts as a co-general partner in joint ventures with strategic operating partners, pooling capital from accredited investors to acquire and manage value-add properties in growing U.S. markets. Investors gain passive ownership, ongoing distributions, and access to an investor portal for portfolio tracking.
Product overview
McKenna Capital is a private equity real estate investment firm offering real estate syndication investments. The core offering is a platform of diversified alternative investments across multiple asset classes including multifamily apartments (Rise brand properties), senior living developments, self-storage facilities, express car washes, and manufactured home parks. The firm also manages MC Debt Fund I, a private lending fund, and provides a proprietary investor portal for tracking investments. Investors can participate through standard equity investments or Self-Directed IRAs, supported by educational resources including podcasts, blog posts, and terminology guides. The company operates as a co-general partner, structuring joint venture partnerships with strategic operating partners.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Syndications Private equity real estate investment partnerships in which passive accredited investors pool capital with McKenna Capital as co-general partner to acquire and manage value-add properties across multiple U.S. asset classes and markets.
- Investor Portal (Cashflow Portal) Web-based portal at mckennacapital.cashflowportal.com where investors can track investments and access important investment documents.
- MC Debt Fund I
Quantifiable outcome
- 15,000+ multifamily units syndicated
- +3 more outcomes
Companies that use McKenna Capital
Customer profileSegments1 record
Ideal customer profiles1 record
McKenna Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
McKenna Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Midland IRAminorRyan McKenna recommends Midland IRA as a self-directed IRA custodian for investors who want to invest syndication deals through their retirement accounts. McKenna mentions having rolled over a traditional IRA to a Self-Directed IRA for his first two multifamily investments using this custodian. The recommendation is based on personal familiarity rather than a formal partnership arrangement.
- Advanta IRAminorListed as one of several self-directed IRA custodians that Ryan McKenna is familiar with for investors who wish to invest in real estate syndications through their retirement accounts. Not a formal partnership, but a referral recommendation.
- IRA Services Trust CompanyminorListed as a self-directed IRA custodian option that Ryan McKenna is familiar with for investors seeking to use retirement funds for real estate syndication investments. Presented as a recommendation for due diligence rather than a formal partnership.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
McKenna Capital competitors and assessment
Company assessmentDirect peers
- Ashcroft Capital: Multifamily-focused real estate syndication sponsor raising capital from accredited investors through a similar co-GP and operator partnership model. Closely comparable on asset class, target investor base, and GTM motion.
- BAM Capital: Mid-market multifamily syndicator operating an investor-club model with accredited-investor capital, content-led marketing, and co-GP deal structures. Highly comparable on size, asset class, and GTM.
- BlueLake Capital: Smaller multifamily syndication sponsor operating in similar Sunbelt markets with a co-GP and operator-partnership model. Comparable in size, structure, and target investor.
- 37th Parallel Properties: Multifamily syndication sponsor focused on Sunbelt value-add deals, raising capital from accredited investors via similar content-led marketing. Closely comparable on asset class, geography, and investor club motion.
Broad incumbents
- Fundrise: Larger, technology-driven private real estate platform offering eREIT and interval-fund products to retail and accredited investors. Competes for the same investor dollar but at meaningfully greater scale and lower minimums.
- CrowdStreet: Online real estate investment marketplace aggregating multiple sponsors and individual deals for accredited investors. A broader incumbent that competes directly for syndication capital and exposes McKenna to platform-level comparison.
- RealtyMogul: Real estate crowdfunding and syndication platform serving accredited investors with both individual deals and MogulREIT vehicles. Comparable on target investor and product type.
- Roofstock: Large single-family rental investment marketplace. Adjacent in real-estate private investing for individual accredited investors, but focused on SFR rather than commercial multifamily.
- Yieldstreet: Multi-asset alternative investment platform with real estate, marine, and private credit offerings. Competes for the same accredited-investor pool seeking non-correalte income outside public markets.
Emerging players
- EquityMultiple: Real estate crowdfunding platform offering curated commercial deals to accredited investors. Comparable target market and product type, but smaller and more selective than CrowdStreet or Fundrise.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
McKenna Capital social profiles
Digital presenceMcKenna Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
McKenna Capital leadership team
Management profileNumber of profiles
Profiles1 record
McKenna Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
McKenna Capital M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about McKenna Capital
What does McKenna Capital do?
McKenna Capital is a private equity real estate investment firm that structures real estate syndications across multiple asset classes including multifamily apartments, senior living, self-storage, express car washes, and manufactured home parks. The firm acts as a co-general partner in joint ventures with strategic operating partners, pooling capital from accredited investors to acquire and manage value-add properties in growing U.S. markets. Investors gain passive ownership, ongoing distributions, and access to an investor portal for portfolio tracking.
Is McKenna Capital a public or private company?
McKenna Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was McKenna Capital founded?
McKenna Capital was founded in 2016. It employs 1 to 10 people.
Where is McKenna Capital based?
McKenna Capital is headquartered in Glenview, United States, in the North America region.
How does McKenna Capital make money?
One revenue line is on record: real Estate Syndication Fees.
Who are McKenna Capital's main competitors?
Direct peers on record are Ashcroft Capital, BAM Capital, BlueLake Capital and 37th Parallel Properties. Broad incumbents are Fundrise, CrowdStreet, RealtyMogul, Roofstock and Yieldstreet. EquityMultiple is listed as an emerging player.
Does McKenna Capital have an API?
No public API is recorded for McKenna Capital.
What industry is McKenna Capital in?
McKenna Capital's product category is Real Estate Investment Services. Its primary akta.pro industry code is BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE), with a secondary code of FSAHAIAM, Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds). Its NAICS code is 523940 and its SIC code is 6531.