6–10%
Target Cash-on-Cash
Stabilized years 1–3
Disciplined Real Estate Investing
Passive real estate.
Evaluated like a business.
TRI Capital Partners helps busy professionals understand and access multifamily real estate opportunities through disciplined underwriting, practical operating experience, and transparent communication.
Education first. Clear information. No pressure.
MBA & PMP Certified
Corporate Leadership
Hands-On Real Estate Experience
Personally Invested as an LP
Investment Snapshot
A Clear Framework Before the Details.
Each opportunity is evaluated independently, but TRI begins with a defined acquisition profile and disciplined target metrics.
15–20%
Target IRR
20–80
Units
Target property size
5 Years
Target Hold Period
$25K
Minimum Investment
Quarterly
Target Distribution Frequency
Target returns, hold period, and distribution schedule are projections only and are not guaranteed. Actual results vary by property, market conditions, financing, execution, and other risks described in the applicable offering documents.
The Problem
You Did Not Build a Career to Take on a Second Job.
Many professionals want real estate exposure, but do not have the time, resources, or desire to operate properties themselves.
No Time to Operate
You have a career, a business, and a life outside of real estate.
No Simple Way to Evaluate the Risk
It is difficult to separate sound opportunities from hype, especially in unfamiliar markets.
No Patience for Hype
You want a disciplined, realistic approach focused on long-term value.
The Investment Thesis
The Right Basis.
The Right Market.
A Plan That Can Survive Scrutiny.
TRI targets multifamily opportunities where disciplined buying and stronger operations may create long-term value.
If the numbers do not hold up under pressure, we walk away.
Capital-Efficient Markets
A basis that supports the plan.
Durable Rental Demand
Employment and housing fundamentals.
Operational Upside
Practical improvements and stronger operations.
Risk Before Return
Downside, debt, and execution reviewed first.
Target Markets
Markets Where Capital, Demand, and Operational Upside Can Align.
TRI evaluates select markets where acquisition basis, employment, rental demand, and long-term growth potential support a disciplined multifamily strategy.
Live Market Focus
Texas
Oklahoma
Missouri
Indiana
Ohio
Wisconsin
Tennessee
Alabama
Arkansas
Select Southeast
Investment Criteria
A Focused Buy Box Keeps the Process Disciplined.
A property must fit the market, operating plan, and risk framework—not simply meet a unit count.
Asset Profile
- Operational or value-add potential
- Strong submarkets supported by employment and housing demand
- Opportunities for income growth, expense optimization, or improved operations
- A realistic acquisition basis supported by current conditions
- An execution plan with measurable objectives
20+
Units
Multifamily Properties
and Apartment Communities
Financial Discipline
- Conservative underwriting assumptions
- Careful evaluation of both risk and return
- Responsible financing and leverage
- Stress-tested operating and exit assumptions
- Focus on sustainable, long-term value creation
What TRI Avoids
Unsupported rent-growth assumptions
Business plans that require every assumption to go right
Aggressive leverage without an adequate margin for error
Markets dependent on a single fragile demand driver
Opportunities where the fundamentals do not support the
projected outcome
How TRI Evaluates an Opportunity
Every Property Moves Through the Same Disciplined Review.
Each opportunity is reviewed through the same structured process before it can advance.
01
Market Screen
Review market fundamentals and alignment with TRI’s criteria.
02
Financial Review
Analyze returns, financing, and sensitivity to key assumptions.
03
Property Assessment
Assess physical condition, unit mix, and value-add potential.
04
Risk & Scenario Analysis
Stress-test assumptions and evaluate downside scenarios.
05
LOI & Due Diligence
Advance only when the opportunity meets TRI’s standards.
Current Pipeline
Opportunities Under Disciplined Review.
Teeserville, Kentucky
LOI Submitted
San Antonio, Texas
Financial Review
Fayetteville, Arkansas
Financial Review
Tulsa, Oklahoma
Financial Review
Plano, Texas
Financial Review
Jefferson City, Missouri
Financial Review
Pipeline information is informational only. Opportunities may change, be withdrawn, or be removed, and nothing shown constitutes an offer or guarantee.
Behind TRI Capital Partners
A Finance-Minded Executive, Entrepreneur, and Real Estate Investor.
Brad Ober
Managing Partner · TRI Capital Partners
Meet Brad Ober
Brad Ober
Managing Partner, TRI Capital Partners
Brad Ober’s experience spans corporate leadership, business operations, project management, and hands-on property ownership. He currently serves as an executive within a multibillion-dollar company and brings a disciplined, systems-driven perspective to investment decisions.
His real estate experience includes long-term and short-term rentals, single-family investments, BRRRR-style projects, 1031 exchanges, and multifamily exposure. As both an active owner and limited partner investor, Brad understands real estate from the operator’s side and the investor’s side of the table.
At TRI Capital Partners, Brad applies a straightforward philosophy: understand the risk, manage by the numbers, and only pursue opportunities where the fundamentals support the plan.
“Understand the risk. Manage by the numbers.”
Strategic Network
Experience and Infrastructure Behind Every Transaction.
TRI Capital Partners draws on specialized multifamily, finance, legal, tax, structuring, compliance, and investor-relations experience to support opportunities from initial evaluation through ongoing investor communication.
Strategic Partner
TRI / 01
Strategic Partner
Justin Brennan
Multifamily and Syndication
Justin Brennan brings experience across multifamily real estate, construction, land planning, acquisitions, operations, finance, and syndication.
His perspective supports opportunity sourcing, market evaluation, underwriting, financing coordination, operating setup, and the infrastructure required to move a transaction from analysis through execution.
Areas of Support
Who TRI Works With
Built for Investors Who Value Clarity Before Commitment.
TRI Capital Partners partners with busy professionals who want real estate exposure without taking on the responsibilities of active ownership.
Strong Fit
A strong fit may include investors who:
- Want passive multifamily exposure
- Value disciplined, numbers-first decision-making
- Prefer transparent communication over aggressive selling
- Understand that projected returns are not guaranteed
- Want to evaluate risk alongside potential upside
- Value education and a long-term relationship with the operating team
Not the Right Fit
It may not be the right fit if you:
- Need guaranteed returns
- Expect immediate liquidity
- Are uncomfortable with the risks of private real estate
- Want a short-term speculative investment
- Prefer to invest without reviewing the operator, business plan, and offering documents
Every investment opportunity involves risk. Investors should review the applicable offering documents and consult their own legal, tax, and financial professionals before investing.
Free Investor Guide
Better questions. Better-informed decisions.
A practical guide to evaluating the operator, the opportunity, and the risk before you invest.
Know what to review before investing.
Built for busy professionals who want clarity without sales pressure.
Frequently Asked Questions
Start With Clarity.
Review the most common questions about TRI’s investment approach, target framework, investor process, and risk considerations.
01 What types of properties does TRI evaluate?
TRI focuses on multifamily properties with 20 or more units. We look for operational or value-add potential, durable housing demand, and a practical path to improved performance.
02 What markets does TRI target?
TRI’s primary markets are Missouri and Tennessee, with expansion markets that include Georgia, Ohio, and Texas. Every property is reviewed individually; being located in a target state does not automatically make it a fit.
03 What are TRI’s target returns?
TRI’s current framework uses a target cash-on-cash range of 6–10% during stabilized years 3–7 and a target IRR range of 15–20%. These targets are projections only and are not guaranteed. Actual results vary by opportunity.
04 What is the target investment period?
The current target hold period is approximately five years. The actual timing may be shorter or longer depending on property performance, financing, market conditions, and available capital options.
05 What is the minimum investment?
The current target minimum is $25,000. The actual minimum and investor eligibility requirements will be stated in the applicable offering documents.
06 Are quarterly distributions guaranteed?
No. Quarterly distributions may be targeted, but they depend on property performance, operating reserves, lender requirements, available cash flow, and the terms of the specific offering.
07 How does TRI evaluate risk?
TRI reviews the market, existing operations, financing, capital needs, income and expense assumptions, downside scenarios, exit assumptions, and the team required to execute the business plan.
08 Does TRI invest alongside its investors?
Brad brings experience as both an active owner and limited partner investor. Any sponsor investment and alignment terms for a specific opportunity will be disclosed in that offering’s legal documents.
09 What is the Investor Inquiry?
The Investor Inquiry helps TRI understand your investing experience, priorities, capital range, preferred timeline, and the questions that matter most to you. Submitting it does not create an obligation to invest.
10 What is inside the Investor Checklist?
The checklist covers important questions for evaluating an operator, market, underwriting, business plan, communication process, and potential investment risks.
11 Does completing the Investor Inquiry commit me to investing?
No. The Investor Inquiry is an information-gathering step. It is not an offer, subscription agreement, or commitment to invest.
Target returns, hold periods, and distributions are projections only and are not guaranteed. Each opportunity is governed by its applicable offering documents.
Take the Next Step
Start with a clearer investor conversation.
Tell us about your investment experience, priorities, and preferred timeline. We will use your responses to understand what matters to you and determine what information would be most useful next.
No investment commitment. Start with the path that matches where you are today.