Who We Are
Forklift Capital, LLC is a Chicago based real estate investment firm that focuses on acquiring, improving, and managing quality multifamily properties in select stable and growing markets in the Midwest and Southeast regions of the country.
Our Mission
Our mission is to bring the many benefits of investing in the multifamily asset class to both small and large investors alike, with a service mindset at the core of our approach.
What We Do
Forklift Capital brings select underperforming multifamily assets and accredited investor capital together to unlock value and improve communities, with the additional goal of providing cash flow and capital appreciation to investors via private multifamily investments.
Meet our Team
Robert Bryenton
Investment Advisor
RObert Bryenton
Investment Advisor
In 1996 Bob started investing in real estate, then in 2008 US Real Estate Ventures LLC was formed. Over the last decade, the focus was on buying small multifamily apartments, single-family homes, mixed-use buildings, and rehabbing and selling properties. This evolved into US Real Estate Ventures LLC’s ability to take advantage of the current real estate climate.
The company has either aligned or contracted with experts in the fields of finance, economics, networking, valuation, asset/property management, and due diligence to tackle the challenges of acquiring large multifamily deals. The company has also contracted with seasoned experts owning thousands of units in the multifamily apartment market to mentor and consult on each project.
Bob has raised investment equity to purchase more than $200,000,000 in market value. In 2015 discounted notes were added to the investment mix, allowing his investors another option to grow not only their net worth but to increase their cash flow, from throughout the US. 2016 student housing was added, and 2018 assisted living centers came into the portfolio. Bob is also a broker and part owner in several Keller Williams Market Centers, with current investments in North Carolina, South Carolina, Texas, Georgia, Louisiana, and Tennessee.
Bob graduated from Plymouth State College with a B.S. in Marketing with a concentration in Real Estate investing & development.
Jeff Kelly
Managing Principal
Jeff Kelly, MBA
Managing Principal
Jeff Kelly has a background in Finance, Consulting, and Education. His history of deal-sourcing and underwriting of multifamily properties numbers over 100, repeatedly putting his investors and team members in position to make competitive offers on assets with great potential. He’s worked with two Fortune 500 companies on innovations, with his input, testing, and analysis helping his team earn a U.S. Patent. He has done financial and marketing analytics consulting for small businesses. His family has invested in office buildings and single family houses. In 2014, he successfully rehabbed a foreclosed property. Currently, he and his accomplished multifamily acquisitions team, including multifamily operators with decades of experience as his partners, and an advisory board with thousands of units’ worth of experience, are in active acquisition mode.
Mike Butler
Investment Advisor
Mike Butler, MBA
Investment Advisor
With over 25 years of real estate investing experience, Mike has been investing in real estate at various levels since purchasing his first property, a duplex, in 1994. Since then, he has remained highly active in real estate investing through the acquisition and sale of single-family rentals and fix and flip residential homes from 1994 until 2014. During his time as a landlord, maintenance, and property manager, Mike has gained invaluable experience dealing with all the ”real world” challenges of owning and managing rental properties, Mike’s experience has given him a great foundation of investment fundamentals as he successfully expands the company in the multifamily space.
In 2018 Mike successfully added Lexington Park Apartments to his portfolio. This excellent value-add opportunity has been steadily providing an 8% annualized return on cash flow and a projected 18% IRR for his investors since the first a quarter of ownership and self-management.
As Managing Principal, Mike continues to focus on property acquisition and asset management of over $8,000,000 of real estate assets to maximize investor return. By working directly with numerous broker/dealers, Family Offices, and private equity firms, he has developed a deep network of private and institutional equity equally focused on adding quality multifamily assets to firms’ investment portfolios.
Mike graduated from Eastern University with a Master’s in Business Administration and has completed the requirements for his real estate license from Temple University Real Estate Institute.
Richard Berardinelli
Investment Advisor
Richard Berardinelli
Investment Advisor
In 2007 Rich started investing in real estate and formed Ann Marie Michael Group LLC. Over the last 11 years, the focus was on buying small multifamily apartments, single-family homes. The company currently has aligned with Carolina Multifamily Investments as a key underwriter for new acquisitions and broker relations. Today, Ann Marie Michael Group is looking to be invested in North Carolina, South Carolina, Georgia, and Alabama. Properties invested in currently or have owned: 3 Single-family houses, Salem, Oregon,
12-unit Multi-Family, Dallas, Oregon.
Currently, Richard is an active duty Master Sergeant with 24 years of service including three combat deployments and has held positions as a senior leader as team NCOIC. His most recent activity includes deployment as the Garrison Operations Sergeant Major.
Reid Kelly
Investor Relations
Reid Kelly
Investor Relations, and Partner in Forklift Capital, LLC
Reid Kelly is an entrepreneur who started out as a real estate agent, then built a medical laboratory business from scratch that continues to thrive over 10 years later. He successfully acquired a large competitor. His new venture experience also includes involvement in nightclub startups. He led a safety products design team that was granted a U.S. Patent, and has rehabbed and sold Single Family Houses.
Address
Forklift Capital, LLC
833 Central Ave.
Unit #1723
Highland Park, IL 60035