Kinect Real Estate Raises $126.5M for Second Opportunity Fund

Kinect Real Estate Partners has closed its second general partner fund at $126.5 million, exceeding its $100 million fundraising target as demand for institutional-quality real estate investments continues to grow among private wealth investors.

The oversubscribed Kinect Opportunity Fund II will focus on multifamily development and value-add investments across high-growth markets in the Western United States. The fund’s pipeline includes approximately $1.6 billion of projects representing more than 3,000 apartment units in Bellevue, Redmond and Bothell, Washington, as well as Mountain View and San Diego, California.

The firm said the strong fundraising reflects increasing interest from registered investment advisors, family offices and high-net-worth investors seeking access to private real estate strategies traditionally reserved for institutional capital.

“We set out to extend a time-tested real estate strategy to the private wealth channel through a platform where operational depth and investment discipline are fully aligned,” said BJ Kuula, co-founder and managing partner of Kinect Real Estate Partners and chief executive officer of American Capital Group.

To support its continued expansion in the private wealth channel, Kinect appointed two senior investor relations executives. Ali Winrow, formerly a product specialist at Clarion Partners, and Anna-Marie Allander Lieb, previously executive managing director of real estate investments at CrowdStreet, have joined as directors of investor relations and fundraising.

Founded in 2025 by Kuula and Mike Paulus, Kinect is strategically affiliated with American Capital Group, providing access to an established real estate operating platform.

“By combining a disciplined investment approach with ACG’s operating platform, we believe the Kinect platform can provide the private wealth channel with access to compelling opportunities and a differentiated approach to value creation,” Paulus said.