Private Equity Investments in Multifamily Real Estate
Focused on long-term value, stable cash flow, and disciplined growth.
Building enduring wealth through California multifamily.
Walnut Knolls Capital is a private real estate investment firm acquiring and operating residential and small multifamily properties across California.
We invest in stable, cash-flowing assets with room for operational improvement and long-term appreciation.
Our philosophy is simple: buy well, operate efficiently, and grow value through fundamentals, not speculation.
This disciplined approach delivers durable income and steady equity growth across market cycles.
Our Investment Philosphy
Our Strategy
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Value Add Properties
We acquire under-managed assets and unlock value through targeted renovations, operational efficiency, and professional management.
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Core-Plus Hold Strategy
We underwrite conservatively and hold through full market cycles to deliver durable, risk-adjusted returns.
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Alignment & Stewardship
We invest significant personal capital in every deal, ensuring full alignment with our partners and disciplined execution.
Our Performance
Walnut Knolls Capital focuses on stable, income-producing assets that deliver durable returns and long-term appreciation through disciplined operations and conservative leverage.
Our portfolio’s weighted IRR of approximately 10% and total return on equity near 14% position Walnut Knolls Capital among the top-performing core-plus residential operators in California.
Through a mix of long-term and mid-term rental strategies, we generate 4–5% cash-on-cash returns on stabilized assets while maintaining ~55% leverage and an average 2% vacancy rate, emphasizing resilience and downside protection.
Metric
Actuals
Target
Return on Investment
14%
12-15%
Internal Rate of Return
10.3%
10-12%
Cash on Cash Returns
5%
4-6%
Leverage
55%
<60%
Vacancy
2%
<5%
All figures are net of financing and reflect realized and projected performance across actively managed assets.