Maximizing Investor Value.

Enhancing Resident Life.

We invest in workforce housing where strong fundamentals and disciplined execution generate stable, long-term returns across market cycles.

Experience Across Market Cycles

Experience Across Market Cycles

Who We Are

CALCAP is a vertically integrated real estate investment firm focused on acquiring and operating workforce and attainable multifamily housing in fundamentally strong U.S. markets.

Experience

Guided by a cohesive leadership team with decades of shared experience, CALCAP has built a reputation for stability, transparency, and creating long-term value for both investors and residents.

Who We Are

CALCAP is a vertically integrated real estate investment firm focused on acquiring and operating workforce and attainable multifamily housing in fundamentally strong U.S. markets.

Experience

Guided by a cohesive leadership team with decades of shared experience, CALCAP has built a reputation for stability, transparency, and creating long-term value for both investors and residents.

Platform Overview

Platform Overview

Our history reflects disciplined acquisitions, responsible stewardship of capital, and a consistent focus on enhancing resident communities.

Total Equity Raised

$650M

Total Transaction Value

$1.3B+

Total Transactions

68

Total Units Owned & Managed

7,500+

Total Assets in Current Portfolio

17

Total Investors Who Have Invested

350+

Total Investors Who Have Invested

350+

High Net Worth and Advisory Relationships

350+

Market Focus

Recent capital market dislocation and higher financing costs have led to pricing adjustments across segments of the multifamily market, creating opportunities for well-capitalized, patient investors to acquire assets at more attractive entry points.

Multifamily Value-Add Acquisitions

We pursue well-located multifamily communities where operational enhancements, disciplined capital improvements, and professional management can improve performance over time.


Our focus is on creating value through execution rather than relying on aggressive rent growth assumptions.

Distressed & Capital-Constrained Opportunities

The transition from historically low interest rates to a higher-cost capital environment has created pressure across segments of the multifamily market. Assets financed with short-term, floating-rate debt have experienced refinancing challenges as maturities approach.


We selectively evaluate opportunities where repricing and capital restructuring create improved basis and long-term alignment.

Long-Term Housing Fundamentals

Elevated construction costs, tighter financing conditions, and regulatory constraints continue to limit new housing supply across many markets. At the same time, affordability barriers to homeownership support sustained rental demand.


We believe these long-term dynamics position workforce housing as a resilient asset class within diversified portfolios.

Investment Case Studies

Off-Market Acquisition

Pinehurst - Kansas City, MO

Adaptive Repositioning

Arcadia Pointe - Las Vegas, NV

LIHTC Conversion

Crescent Ridge - Albuquerque, NM

CALCAP

Contact

We welcome inquiries from high-net-worth investors, registered investment advisors, and family offices seeking additional information about our investment strategy and current opportunities. Please complete the form below or contact one of our offices to initiate a discussion.

CALCAP

Contact

We welcome inquiries from high-net-worth investors, registered investment advisors, and family offices seeking additional information about our investment strategy and current opportunities. Please complete the form below or contact one of our offices to initiate a discussion.