Unison Realty Partners

What Unison Realty Partners does

Unison Realty Partners is a privately-held real estate investment firm founded in 2010 and headquartered in Norwell, Massachusetts. The firm acquires, owns, and operates necessity-based neighborhood and community shopping centers (valued $5M–$75M) using a core-plus and value-add strategy, targeting properties with strong demographics and credit-quality tenants. Since 2022 it has expanded into multi-family residential, acquiring 15–100 unit properties in middle-class submarkets. The company has deployed approximately $300M of capital across 23 properties (11 current, 12 realized) totaling over 2.1 million square feet, concentrated in primary and secondary markets across the Eastern U.S. with recent expansion into Colorado.

The business is operated by a three-person core leadership team: Karim Fadel (Founder and Principal, MIT Sloan MBA with prior real estate development experience at ABC Group and HSBC), Brendon McCarthy CFA (Managing Director, ex-CBRE Global Investors), and Bi Mei DeAngelis (Controller, ex-CBRE/NE). The firm generates revenue primarily through rental income from its portfolio of shopping centers and multi-family properties, supplemented by property appreciation and capital gains upon disposition. It raises capital from institutional and individual investors via direct outreach through a Juniper Square investor portal, though no external fund vehicles or institutional backers are publicly disclosed. The firm operates with no proprietary technology platforms, no disclosed AI/ML capabilities, and no patents or trademarks — the operating edge is human sourcing, underwriting, and asset management expertise rather than technology.

Name

Unison Realty Partners

Legal name

Unison Realty Partners LLC

Website

https://unisonrealtypartners.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Unison Realty Partners is a private real estate investment firm founded in 2010 that acquires and operates necessity-based shopping centers ($5M–$75M) and, since 2022, small multi-family properties in Eastern U.S. primary and secondary markets, with $300M deployed across 23 assets.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Funds — Core-Plus (FSANAEAG)

akta.pro secondary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

Keywords

• Shopping center investments
• Multi-family acquisitions
• Commercial real estate
• Value-add real estate
• Retail property management

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Real Estate Investment Returns: The firm generates returns through rental income from their portfolio of shopping centers and multi-family properties, as well as through property appreciation and capital gains upon sale of assets. Their core-plus and value-add investment strategy aims to improve properties to increase occupancy, rental income, and ultimately property value.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Unison Realty Partners is a private real estate owner and operator that acquires and manages shopping centers and multi-family properties in primary and secondary markets across the Eastern U.S. Since 2010, the firm has deployed approximately $300 million across 2.1 million+ square feet of retail and residential assets using a core-plus and value-add investment strategy, targeting necessity-based shopping centers valued at $5-75 million and middle-class multi-family properties valued at $5-20 million.

Product overview

Unison Realty Partners operates as a private real estate owner and operator with two core investment verticals: Shopping Center Investments (core-plus and value-add retail properties, $5-75M value range) and Multi-Family Property Investments (15-100 unit properties, $5-20M range). Since inception in 2010, the firm has acquired approximately $300 million of properties totaling over 2.1 million square feet, spanning current portfolio holdings and realized investments across the Eastern U.S.

Differentiator

Problem solved

Functional benefit

Products and services

• Shopping Center Investments Core-plus and value-add retail property investments targeting necessity-based, neighborhood and community shopping centers valued between $5 and $75 million, with 10,000-400,000 SF and 75%+ occupancy at acquisition, for institutional and individual investors in private vehicles. Since inception the program has acquired $300M+ of retail assets totaling 2.1M+ square feet across the Eastern U.S.
• Multi-Family Property Investments Multi-family property acquisitions targeting 15 to 100 unit middle-class apartment communities in solid-growth markets, with investments ranging from $5 to $20 million and 90%+ occupancy at acquisition. Properties are selected for co-location synergy with Unison's retail centers, and held through the firm's private investment vehicles.

Quantifiable outcome

• $300 million of properties acquired since 2010
• +2 more outcomes

Named customers15 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Brixmor Property Group: Publicly traded open-air shopping center REIT that owns and operates a national portfolio of necessity-based community and neighborhood shopping centers. Highly comparable to Unison's core-plus/value-add strategy targeting grocery-anchored and necessity retail in secondary markets, though at materially larger scale.
• Phillips Edison & Company: Publicly traded REIT focused on grocery-anchored neighborhood shopping centers, explicitly targeting necessity-based retail. Mirrors Unison's emphasis on credit-tenant necessity retail in primary and secondary markets and follows a similar value-add acquisition and repositioning approach.
• Kite Realty Group: Publicly traded open-air shopping center REIT with a portfolio of community and neighborhood centers anchored by necessity retailers. Comparable to Unison in tenant quality focus and demographic-driven site selection, though larger and publicly listed.
• Regency Centers: Premier grocery-anchored shopping center REIT that owns necessity-anchored neighborhood centers in densely populated suburban markets. Comparable to Unison in targeting demographic-rich trade areas and credit-tenant necessity retail, though at institutional scale.
• InvenTrust Properties Corp: Non-traded and now public REIT focused on open-air necessity-anchored shopping centers in select growth markets. Highly comparable to Unison's strategy of acquiring well-located, demographically-supported community retail centers, though at larger AUM.
• RPT Realty: Publicly traded shopping center REIT focused on grocery-anchored necessity retail in select primary markets. Comparable to Unison in target tenant profile (credit-anchored necessity) and core-plus acquisition approach, though geographically focused on the Midwest and Southeast.
• Mid-America Apartment Communities: Publicly traded multifamily REIT focused on garden-style apartment communities in the Sunbelt. Comparable to Unison's growing multi-family vertical, particularly the Arvada CO and Providence RI acquisitions, though at institutional scale and in different submarkets.
• Camden Property Trust: Publicly traded multifamily REIT with a portfolio of mid-rise and garden-style apartment communities across the Sunbelt and Mid-Atlantic. Comparable to Unison's multi-family investment vertical targeting 15-100 unit middle-class apartment properties, though at much larger scale.

Broad incumbents

• Federal Realty Investment Trust: One of the oldest publicly traded REITs, focused on high-quality open-air shopping centers and mixed-use properties in affluent coastal markets. Comparable category but operates in higher-quality markets with a longer hold philosophy than Unison's value-add approach.
• Kimco Realty: One of the largest publicly traded shopping center REITs in North America, with a broad portfolio of open-air centers. Operates in the same category as Unison but at vastly larger scale and with a more diversified, lower-leverage approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/unison-realty-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Unison Realty Partners