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By:
KIN Capital
The KIN Income Fund is designed to deliver income and long-term growth by acquiring well-located, cash-flowing multifamily properties initially in Montreal and other Canadian markets supported by persistent rental demand, constrained supply and resilient fundamentals. Leveraging CMHC-insured financing with top-tier local operating partners, KIN aims to acquire assets at compelling entry points while maintaining strong downside protection. The result is an institutional, value-add strategy designed to deliver income and long term growth - giving investors exposure to one of Canada’s most durable rental markets.
Location
Risk Profile
Moderate - High
Min. investment
$1,005.33
Investment Strategy
Value Add
ARR
16-18% IRR
Horizon
4 - 5 Years
The KIN Income Fund provides exposure to multifamily residential assets with strong in-place income and identifiable value-add potential. The strategy focuses on operational improvements, unit turnover, and targeted capital investments to enhance net operating income over time. By leveraging CMHC-insured financing and acquiring assets at historically attractive spreads between acquisition yields and financing costs, the Fund aims to generate consistent income alongside long-term equity growth over a 4–5 year investment horizon.
KIN operates with a private-equity mindset, reinforced by its partnership with a prominent Montreal private equity firm, combining institutional governance, disciplined capital allocation, meaningful co-investment, and performance-based economics.
The Montreal multifamily market combines low vacancy rates, affordable in-place base rents, strong turnover economics, and less institutional competition compared to larger Canadian markets such as Toronto and Vancouver.
The Fund focuses on execution-driven returns rather than market timing. Assets are acquired with in-place rents significantly below market, allowing value creation through unit turnovers, renovations, and management improvements.
KIN acquires multifamily assets at higher cap rates while locking in materially lower-cost CMHC-insured debt, creating positive leverage and immediate spread between acquisition yields and financing costs.
Investors are expected to receive consistent income once assets stabilize, with quarterly cash distributions targeted in the 6%–8% range, alongside additional value creation through operational improvements and long-term portfolio scaling.
The KIN Income Fund targets the acquisition and stabilization of income-producing multifamily properties initially in Montréal, Québec, one of Canada’s most supply-constrained and resilient rental markets. The Fund is structured to capitalize on historically wide spreads between acquisition cap rates and CMHC-insured financing, enabling durable income with strong downside protection.
KIN Asset Management executes its strategy alongside experienced operating partners, including Vered Group, and has demonstrated repeatable execution through multiple acquired and contracted assets across Montréal. These include properties located in, Rosemont–La Petite-Patrie, Saint-Léonard, Villeray–Saint-Michel, and Montréal-Nord, reflecting a growing portfolio of stabilized and value-add multifamily assets.
Through disciplined acquisitions, hands-on asset management, and targeted capital improvements, the Fund seeks to generate stable distributions while scaling toward $500M–$1B in total asset value by the end of 2026, providing investors with consistent income and long-term equity appreciation.
The Fund’s investment strategy is based on markets all across Canada characterized by:

KIN Asset Management, the asset manager of the KIN Income Fund, is led by Founder and CEO Jacob Iftah and Partner & COO David Hanick, bringing extensive institutional real estate and capital markets experience. KIN has invested in approximately 9 million square feet of developable assets with an estimated $10B in total project completion value and has structured and placed approximately $2B of equity and debt since 2020. The firm’s disciplined approach, institutional partnerships, and alignment with local operating partners position KIN to execute complex real estate strategies while prioritising investor outcomes.