Adabi Capital Partners

$7.23M

Latest Transaction

Multifamily Units Closed

Southeast

Investment Footprint

Past performance is not indicative of future results. Figures reflect closed transactions as of October 2026 and do not represent a track record of realized investments.

Where We Invest

Our Target Markets.

Adabi Capital Partners targets investments across the American Southeast and Sun Belt markets, focused on investing thematically in high-quality assets where we see outsized growth potential driven by economic and demographic trends.

Contiguous US Target markets 7

Our Real Estate Investment Strategies

Diversified Capital Allocation for All Risk Tolerances.

Opportunistic

Our opportunistic business seeks to acquire undermanaged, well-located assets across our target markets. In connection with these acquisitions, we build businesses that are set up to manage the underlying properties and ultimately maximize their value by instituting best-in-class management. Post-acquisition, we also invest in the properties to improve them before selling the assets and returning capital to our limited partners.

Core+

Our Core+ business features stabilized real estate with a long investment horizon and moderate leverage, where we can unlock additional value through focused asset management. Our Core+ strategies focus on residential, retail, mixed-use, and student housing in gateway markets.

Development

Our real estate development business provides direct access to institutional-quality opportunities through joint venture sponsorship. We partner through various formats with experienced, large-scale developers focused on creating high-quality real estate.

What We Do

Highlighted Asset Classes in Focus.

Buy quality below replacement cost, improve it through direct operational involvement, and hold it on a timeline that serves investors rather than the market cycle.

A modern mixed-use multifamily building with street-level retail.

Multifamily Real Estate

Well-located Class A and B assets with in-place, durable cash flow, dislocated from current market dynamics, repositioned through best-in-class management.

Asset class: Class A and B Multifamily
Property size: 50 – 300 units
Deal size: $10M – $50M
Leverage: 65% – 75% LTV

A mixed-use development with retail and residential uses.

Mixed-Use Ground-Up Development

Mixed-use development opportunities across the Southeast supported by strong economic growth drivers. We partner with sponsors bringing market-leading development to secondary and tertiary markets, as well as primary infill opportunities.

Asset class: Mixed-Use Development
Property size: 100,000 – 500,000 sq ft
Deal size: $25M – $100M
Leverage: 65% – 75% LTV

Purpose-Built Student Housing

Attainable, well-located student housing in secondary and tertiary Southeast college markets — assets priced below replacement cost with clear operational upside and strong exit optionality to the university or institutional buyer.

Asset class: Purpose-Built Student Housing
Property size: 50 – 300 units
Deal size: $10M – $50M
Leverage: 65% – 75% LTV

Our Approach

How We Create Value.

Every deal we close clears the same disciplines. Most we look at, we pass on.

Focused on Fundamentals

We acquire assets whose fundamentals are under-priced by the capital markets — markets with diverse tenant demand, supply constraints, and credible exit liquidity. Broker narratives are inputs, not conclusions.

Value Through Operations

Value creation is a floor-plate exercise: staffing, procurement, utility recovery, resident retention. We engage directly with assets to address physical and operating issues, and return capital on a disciplined post-stabilization timeline.

Operator-Led Underwriting

Before Adabi sponsors a real estate deal, its principals have already run operating businesses of their own — with weekly P&Ls, real staffing decisions, and customers who show up every day. That seat sharpens how we underwrite and hold assets accountable quarter after quarter.

Long-Term Stewardship

We act as long-term stewards of the communities we invest in — partnering with operators, universities, and neighbors. Our capital sits next to yours, exposed to the same downside and patient for the same reasons.

Leadership

Principals.

Jonathan Adabi

Founder & Managing Principal

Jonathan Adabi is the Founder and Managing Principal of Adabi Capital Partners, where he is responsible for investment strategy, capital formation, and execution across the firm’s real estate platform. Mr. Adabi brings a background spanning both institutional capital markets and real estate finance, with a focus on structuring and executing value-oriented investments.

Prior to founding Adabi Capital Partners, Mr. Adabi was with Ackman-Ziff Real Estate Group, where he was involved in sourcing and executing equity and debt placements across a broad range of asset classes and U.S. markets. In this role, he worked on complex capital structures and transactions, providing him with deep experience in real estate financing and investment strategy.

Earlier in his career, Mr. Adabi spent several years in U.S. public equities, focusing on IPO equity capital markets and structured transactions. This experience provides a strong foundation in capital markets, underwriting, and investor positioning, which he applies to real estate investments today.

Mr. Adabi holds a Bachelor’s degree from the Tobin College of Business at St. John’s University and a Master’s degree in Real Estate from the Schack Institute of Real Estate at New York University.

Inquiries

Interested in investing alongside ACP?

We work with qualified investors and select operating partners seeking exposure to Southeast real estate on a long-hold, operator-led basis. If our thesis fits your mandate, we welcome an introduction.