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McKenna Capital: Verified Investor Reviews on Invest Clearly
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McKenna Capital Website
McKenna CapitalMcKenna Capital Overview
McKenna Capital is a private equity real estate investment firm focused on building passive income and equity for its investors through real estate syndications. As a co-general partner, our joint venture partnerships allow investors to invest alongside us and our strategic operating partners who have a proven track record of delivering attractive risk-adjusted returns.
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Asset Classes
Multifamily
Senior Housing
Car Wash
Storage
Accepted Investors
Verified Investor
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"This company is just a marketing machine searching for DUMB RETAIL money like myself!"
I concur with the previous review of McKenna Capital ! ! ! They are really good at marketing OTHER GP's deals to collect their "promotion/marketing" fees but they are nothing short of a PATHETIC sponsor! I personally invested six figures into one of their "co-sponsored" deals and the deal has been abysmal! Distributions stopped shortly after acquisition of the property supposedly due to rising interest rates and now occupancy is struggling due to oversupply in the market with new inventory coming online that their WEAK underwriting should have seen in the first place coming down the line. However, I am not sure that McKenna can be blamed as much as the underlying sponsor can be blamed "RISE48" - however McKenna continues to promote and collect lots and lots of marketing fees from RISE48 and others promoting as many GP deals as possible with ZERO due diligence and thus ZERO accountability when things go wrong. All they care about is collecting their promote fee and this is an undisputed FACT! I know personally that Many Many Many of the investments that they promoted and collected hefty fees for "partnering" with others like RISE48 are now so far underwater that they is very little chance of any of us recouping any of our principle back let alone phantom accrued interest after paying back the senior mortgage on the properties! I could go on and on about McKenna but I think you get the point here...do NOT invest anymore of your hard earned capital with them!
Verified Investor
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"Disappointing and Unaccountable"
I would not recommend investing with McKenna Capital. They heavily promoted a ponzi scheme investment that has since vaporized. They've offered no real assistance to investors, merely forwarding emails from another operator. All they are is a messenger, refusing to take ownership of their failed due diligence or the promotion of a disastrous deal. Their service is underwhelming and severely lacks accountability. Proceed with extreme caution.