Dhunna Capital is accepting subscriptions from accredited investors into an active cash-flowing multifamily program across Texas, Florida, North Carolina, South Carolina, Arizona, and Georgia. Managed by three principals with 28+ years of combined real estate investing experience, $100M+ deployed across private equity loans, and 2,150+ doors as CO-GP and LP.
Most multifamily syndicators have never underwritten a mortgage. The Dhunna principals are career mortgage brokers first, which shapes how every deal gets capitalized, how every rate buy-down gets negotiated, and how every exit gets engineered. Three Managing Partners, one family, decades of lender relationships.
All three Managing Partners have a mortgage brokerage background. Ruby Dhunna founded RK Mortgages, Amrit is an 8-year mortgage broker, and Kanwaljit has owned an independent brokerage for nearly two decades. Debt is structured, not outsourced.
Over an 18-year history, the principals have placed more than $100M in private equity loans and $45M in the past 24 months alone. That is active, relationship-driven capital deployment into the exact asset class the fund program targets.
Across the principal group, Dhunna Capital carries CO-GP and LP positions on 2,150+ multifamily doors. The firm is not a first-time sponsor hunting its initial deal, it is a repeat operator layering into its next vehicle.
The firm runs an in-house technology stack covering underwriting, investor reporting through Cashflow Portal, and back-office operations. Bringing the tooling in-house compresses the management expense line that hits investor returns at most mid-market sponsors.
Every acquisition passes through a documented due diligence process covering submarket rent growth, operating expenses, capital stack, debt terms, exit comparables, and downside stress testing before an LOI is signed. Fewer deals per year, higher quality per deal.
Dhunna Capital is one of the rare U.S. multifamily sponsors with a dedicated intake program for Canadian accredited investors, including the cross-border tax structuring most U.S. sponsors cannot accommodate.
The portfolio is concentrated in Florida submarkets with strong in-migration and constrained supply, extended into Charleston and a trophy Class A office in Scottsdale. Every asset is cash-flowing at the date of this briefing.
The program's investment filter is narrow by design. Target markets are limited to Texas, Florida, North Carolina, South Carolina, Arizona, and Georgia. Target assets are stabilized or lightly value-add multifamily acquired with assumable or structured agency debt. Target hold is 3-5 years, with every exit modeled against 2019 cap-rate reversion rather than 2021 pricing.
Real estate investor of 28 years, real estate broker of 29 years. CO-GP and LP on 2,150+ doors. Owns independent mortgage brokerage. Deployed $45M+ in private equity loans over the past 24 months and $100M+ over 18 years. Focuses on acquiring multifamily assets across TX, FL, NC, SC, AZ, and GA.
Managing Partner with CO-GP and LP positions on 2,000+ doors. Eight-year mortgage broker and six-year real estate broker background. Leads deal sourcing and underwriting across the program's target Sunbelt states, with a focus on stabilized multifamily and lightly value-add acquisitions.
14+ years as a mortgage broker and founder of RK Mortgages. Brings independent brokerage experience into Dhunna Capital's debt structuring across every acquisition. Responsible for lender relationships, cross-border Canadian investor intake, and agency debt pricing.
Full economic terms including minimum investment, target IRR, target cash-on-cash, preferred return, and fee schedule are disclosed inside the investor portal and the PPM. The summary below covers the published program structure.
*Historical returns refer to prior offerings managed or co-sponsored by the principals. Past performance is not indicative of future results. The success of one offering does not predict performance of another. Full terms disclosed in the PPM.
Review the active multifamily program, ask the deal-level questions that are not in public materials, and request the PPM. Calls are held by the investment team directly, not an outside sales desk.