For over 50 years, Kennedy Investments has built its business on the philosophy that there are opportunities to make sound, value-driven investments at each turn of the market.

With experience comes vision and Kennedy Investments recognized an opportunity to expand and vertically integrate into the market we know best. As an “asset agnostic,” value-added commercial real estate firm focused on the Tampa Bay market and immediate surrounding area, we currently own and manage a diverse portfolio valued at over $200 million.

Our in-house Fund Management Team uses rigorous investment criteria to identify properties with strong potential cash flow or capital appreciation. Under the direction of our Fund Management Team, our funds often acquire financially distressed or mismanaged properties. Knowing we possess a deep understanding of the regional market; we can leverage our expertise both in property management and leasing capabilities to often provide investors with a return superior to that of stabilized properties. Here is more detailed information about our funds, past, present, and future:

 

KI Florida Fund I

Launched in January 2017, KI Florida Fund I closed subscriptions at $25 million. Since its launch, KI Florida Fund I has invested in 14 different commercial properties and already exited nine of them.

Here is a brief performance snapshot of KI Florida Fund I:

  • NFLA Office, LLC – Sold in Q3 2018 with an ROI of over 50% to Fund I after four and half months.
  • Ocala Logistics Center, LLC – Sold in Q1 2019 with an ROI of 45% to Fund I after just four months.
  • Utopia Farms/Taylor &Fulton – A $1.1M mortgage repaid in Q3 2019 with a 23% IRR to Fund I.
  • KI Hanna Warehouse II – Sold in Q1 2020 for $5,378,000, returning 3.74X and an IRR of 70%.
  • Hamner Outparcel, LLC – Sold in Q2 2020 for $1.39M with an ROI of 102% & 67% IRR over 18 months.
  • Island Suites, LLC – Sold in Q2 2022 for $4.05M, returning 1.63X and an IRR of 33% over 19 Months.
  • KI Celebration – Sold in Q3 2022 for $20M, Land buyout finalized in July 2023, final IRR 21.9%.
  • Laurel Run Ocala LLC – Sold in Q4 2023 for $4,720,000, generating an IRR of 14.42%.
  • Jetton Office LLC – A $2M preferred equity component repaid in Q4 2023 with an ROI of 15%.

 

KI Florida Fund II

Thanks to the successful launch of KI Florida Fund I, we followed with KI Florida Fund II on July 15, 2019. Since its closing, KI Florida Fund II has made 11 investments and has a 12th under contract.

Here is a brief performance snapshot of KI Florida Fund II:

*Details forthcoming…

 

KI Florida Fund III

Kennedy Investments is launching its third fund, KI Florida Fund III, in late 2024 with an initial capitalization of $25 million. This open-ended fund will carry on the same philosophy of its predecessors: rigorous due diligence, excellence in oversight and meticulous management to provide our investors with the best possible return. Interested in learning more about participating in this fund? Click here to request a prospectus or get more information.

 

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