JF 4082: Syndication Struggles, Partnership Breakdowns and the Road to Recovery ft. Mark Kenney

The Best Ever CRE Show

Best Ever CRE

Investing, Entrepreneurship, Business

4.7 • 996 Ratings

🗓️ 7 November 2025

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Matt Faircloth interviews Mark Kenney. Mark opens up about Think Multifamily’s rapid growth, the lending and partnership challenges that led to major losses, and the hard-won lessons that came out of it. He explains how rising interest rates, canceled tax programs, and lender aggressiveness created a perfect storm for multifamily operators, and why ignoring those red flags proved costly. Mark also discusses his personal low points, the importance of transparent communication with investors, and how he’s now rebuilding his business with a renewed focus on long-term stability, fixed-rate debt, and vertically integrated operations. Mark KenneyCurrent role: Co-Founder and CEO, Think MultifamilyBased in: Dallas, TexasSay hi to them at: https://thinkmultifamily.com/ | https://www.linkedin.com/in/mark-kenney-566065142/ Alternative Fund IV is closing soon and SMK is giving Best Ever listeners exclusive access to their Founders’ Shares, typically offered only to early investors. Visit smkcap.com/bec to learn more and download the full fund summary. Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Podcast production done by ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Have you ever noticed every investment pitch deck looks perfect, charts up and to the right,
0:05.0	bulletproof plans, great returns, but how do you know which projections are realistic and which
0:10.1	sponsors to trust? That's where SMK Alternative Fund 4 comes in. SMK reviewed over 350 opportunities
0:17.3	in the past six months and invested in just five high conviction deals. The fund gives
0:22.0	accredited investors access to recession-resistant real estate, industrial, multifamily, mobile home
0:28.3	parks, and private debt, with top operators. Avoid high individual deal minimums and gain
0:34.1	diversification through one allocation. SMK capital management, a family-owned firm with over 15 years of experience,
0:41.6	conducts rigorous due diligence on each investment to ensure strong performance potential
0:45.9	and capital preservation.
0:47.9	The fund targets a five-year hold with immediate cash flow, 11 to 16 percent annualized
0:52.8	returns, and tax benefits through 30 to 40% passive losses
0:57.3	in the first year. Alternative Fund 4 is closing soon. SMK is giving Best Ever listeners
1:02.6	exclusive access to founder's shares typically reserved for early investors. Visit
1:07.7	SMKKAP.com slash BEC to download the full fund summary.
1:12.6	What is happening in Best Ever listeners? This is Matt Faircloth and welcome to the best ever
1:16.5	CRE show. My name is Matt and this is my segment called Next Level CRE, taking you and your
1:23.6	business to the next level and all kinds of things that are here for the real estate space for you to learn from all the things, your life, your business, all the stuff are here for you on this segment. Quick tip, guys. Did you guys know that my buddy Ash Patel has a fast track out there? If you guys are not, I know he's like the beyond multifamily. I forgive him for that, but that's okay. If you guys want to get beyond multifamily and do some triple net stuff like he does, go to best ever CRE.com and grab a copy of AASH's triple net fast track. It's literally a couple hundred bucks. And it'll teach you everything you to know to go out there and start making offers on triple net deals, whether you're a multifamily operator already or looking
2:01.6	to diversify into other asset classes or really looking to get started in something that not
2:07.0	everybody's talking about. That's triple net. Like I'm talking office building, strip centers,
2:11.2	things are a little off the beaten path. You want a playbook about how to get yourself into those
2:15.2	kinds of assets. Check out Ash's triple net fast track
2:18.3	that's out there at best ever cRE.com. Go grab a copy right now. It's me and Ash teach a five
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.