What Quad Capital Partners does

Quad Capital Partners (QCP) is a privately held, family-owned institutional real estate investment and development firm focused on a curated set of flagship U.S. university towns. Founded in 2020 by Seth and Mike Martin as an extension of the family's First Martin Corporation (est. 1968), the firm acquires, develops, and operates primarily market-rate multifamily properties across 10 target markets: Ann Arbor, Athens, Boulder, Chapel Hill, Charlottesville, Durham, Eugene, Gainesville, Knoxville, and Madison. The platform totals $1 billion in assets under management, 40+ properties, 2.6 million square feet of existing portfolio, and 880,000 square feet under development.

QCP runs two fund vehicles alongside direct development: two discretionary closed-end Opportunistic Funds targeting multifamily acquisitions and developments (with flexibility into other asset classes and structured credit within target markets), and an open-ended Core Plus Fund investing across the residential spectrum with a multifamily focus. The product portfolio spans ground-up Class A multifamily (One09 Madison 340 units, 5501 Arapahoe Boulder 300 units delivering 2028), garden-style multifamily (Rio Point Charlottesville 328 units), select-service hospitality (Marriott AC Ann Arbor 139 keys), and a notable corporate office anchor (215,000 SF Google campus in Ann Arbor). The One09 Madison project additionally integrates a 20,000 SF ground-floor retail destination, One Social District, including a food hall, an upscale steakhouse (One Prime), and a speakeasy cocktail lounge (Blue Jack).

Revenue is generated through asset management fees on fund AUM, development fees and economics from ground-up projects, and potential promote/carried interest on opportunistic fund vintages. The go-to-market is relationship-driven and field-based: QCP cultivates deep ties with flagship universities, regional hospital systems, and community stakeholders to source off-market investment opportunities, while a New York-based Head of Customer Solutions leads institutional capital raising from pension funds, endowments, and family offices. The firm does not employ consumer-facing marketing and operates with no public pricing; access is restricted to accredited institutional investors via fund structures. The customer base is therefore twofold — institutional LPs as funding counterparties, and university-town residents (faculty, researchers, medical professionals) as end-user tenants of the multifamily portfolio, with Google as a marquee corporate tenant for the Ann Arbor office asset.

Name

Quad Capital Partners

Legal name

Quad Capital Partners, LLC

Website

https://quadcp.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Quad Capital Partners is a family-owned institutional real estate investment and development firm that acquires, develops, and operates primarily market-rate multifamily across 10 U.S. university town markets, deploying capital through opportunistic and core-plus funds for institutional LPs.

Ownership category

akta.pro rank

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Asset Management Fees: Management fees from overseeing institutional real estate funds including opportunistic closed-end funds and core-plus open-ended fund
2. Real Estate Development: Ground-up development and acquisition of market-rate multifamily properties across target university town markets
3. Fund Management: Operates 2 opportunistic funds and 1 core-plus fund managing assets across target markets

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Quad Capital Partners is an institutional real estate investment and development firm that raises capital from institutional investors through Opportunistic closed-end funds and a Core Plus open-ended fund, then acquires, develops, and operates market-rate multifamily and select mixed-use properties in ten flagship U.S. university towns. The firm manages approximately $1 billion across 40+ properties and is vertically integrated across acquisitions, development, construction, and asset management.

Product overview

Quad Capital Partners is a leading institutional real estate investment and development firm operating a platform-plus-portfolio model across flagship university towns. The company manages $1 billion in assets through two fund vehicles: Opportunistic Funds (discretionary closed-end funds for multifamily acquisitions/developments) and a Core Plus Fund (open-ended fund for institutional-quality assets). The product portfolio includes distinct residential and hospitality properties: One09 Madison (340-unit luxury multifamily with One Social District retail), Google Ann Arbor Campus (215,000 SF corporate office), Rio Point Charlottesville (328-unit garden-style multifamily), Marriott AC Ann Arbor (139-key hotel), and 5501 Arapahoe Boulder (300-unit multifamily delivering 2028). All properties are strategically located within targeted university town markets characterized by limited housing supply, high barriers to entry, Tier 1 universities, regional hospital systems, and innovative STEM economies.

Differentiator

Problem solved

Functional benefit

Brands

• One09: Premier lakefront residential community in Madison, WI featuring 340 luxury apartments and the One Social District with food hall, fine dining (One Prime), and cocktail lounge (Blue Jack).
• One Social District

Products and services

• Opportunistic Funds Series of discretionary closed-end funds primarily focused on market-rate multifamily acquisitions and developments, with flexibility to invest in other asset classes and structured credit opportunities within target university town markets. Available to accredited institutional investors.
• Core Plus Fund Open-ended fund investing across the residential spectrum with particular focus on multifamily properties in target university town markets. Acquires and manages a premier portfolio of institutional-quality core real estate assets. Available to accredited institutional investors.

Quantifiable outcome

• 340 luxury apartments delivered in Madison waterfront development (One09)
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered major and core.

• GooglemajorStrategic or Co-development Partner · 1 January 2017Development and expansion of Google's 215,000 SF corporate campus in Ann Arbor, Michigan. This partnership developed one of the premier flagship creative office buildings in Ann Arbor. The project represents a significant tenant relationship in QCP's portfolio.
• First Martin CorporationcoreOthersFirst Martin Corporation (FMC), founded in 1968 by Bill Martin, is the predecessor company to Quad Capital Partners. QCP was launched in 2020 by Seth and Mike Martin to expand the family's proven university town strategy into other markets. FMC and QCP operate as a unified, family-owned platform.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Greystar: Largest US multifamily operator, developer, and investment manager with $30B+ AUM. Highly comparable as a vertically integrated multifamily platform; Christine Kolb (QCP's MD of Development) previously served as Senior Director of Development and Asset Management at Greystar.
• CA Ventures: Multifamily and student housing developer and investment manager with institutional capital partners. Comparable vertically integrated development and fund management model targeting investors in student-oriented and urban markets.
• Waterton: Nationally focused multifamily real estate investment and property management firm operating core-plus and value-add funds. Directly comparable fund structure and multifamily focus; Jeff Vaci (QCP Asset Manager) began his career in Waterton's operations and portfolio management.
• Crow Holdings: Vertically integrated real estate investment manager with multifamily, industrial, and office strategies across closed-end and open-ended funds. Comparable institutional platform running pooled vehicles with development capabilities.
• JPI: Large multifamily developer and operator with substantial pipeline of Class A urban and suburban rental communities. Comparable ground-up development model targeting institutional investors in supply-constrained markets.
• Trammell Crow Residential: National multifamily developer and investment management arm of Crow Holdings, with a development-led strategy across institutional-grade rental housing. Directly comparable as a multifamily-focused developer-operator serving institutional capital.
• Round Hill Capital: European-headquartered real estate investment manager with US multifamily and build-to-rent strategies. Relevant comparability through fund structure and rental housing focus; Michael Bennett (QCP Head of Client Solutions) previously worked at Round Hill.
• The NRP Group: Multifamily developer, owner, and operator with a national pipeline of market-rate and workforce housing. Comparable developer-operator model serving institutional investors through commingled funds and joint ventures.
• The Bascom Group: Value-add multifamily investment manager with discretionary funds and a vertically integrated acquisition, renovation, and asset management model. Closely comparable fund-driven multifamily strategy.
• LMC (Lennar Multifamily): Multifamily investment, development, and management subsidiary of Lennar, focused on building, acquiring, and managing Class A rental communities nationwide. Comparable as a vertically integrated multifamily platform with institutional capital partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/quad-capital-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quad Capital Partners