Acquisitions Intern at Bender Companies in Chicago, IL | Kablio

Acquisitions Intern at Bender Companies in Chicago, IL | Kablio

Company

Overview

Founded 2011

Year Established

The company was established in 2011, marking its beginning as a specialist in acquiring undercapitalized multifamily properties.

$5M–$30M

Deal Range

The company typically engages in transactions ranging from $5 million to $30 million, focusing on multifamily properties.

$40K–$100K

Price Per Unit

Properties are acquired at an average price of $40,000 to $100,000 per unit, reflecting mid-range valuations.

65–80% LTV

Debt Structures

The company utilizes debt structures with loan-to-value ratios typically ranging from 65% to 80%

Targets B‑and C‑class multifamily properties from the 1980s–2000s in secondary and tertiary U.S. markets.
Their principals invest personal capital alongside partners and stay involved in asset and property management.
They pursue revenue enhancement and cost reduction via physical upgrades, rebranding, leasing strategies, and tax management.
Projects span single‑asset deals and entire portfolios, often sourced off‑market.

Culture + Values

10–20% equity

Personal Investment

Principals and upper-level staff personally invest a portion of their equity in each transaction, demonstrating a commitment to projects' success.

Supportive team
Collaborative work environment
Opportunity for growth
In-house property management creates aligned interest
Disciplined and patient approach focused on risk mitigation
Hands‑on identification of operational inefficiencies to maximize value
Nimble operations enabling swift decision‑making

Environment + Sustainability

No public net-zero target stated
No formal environmental strategy or goals available
No reported GHG emissions data, renewable energy use, or energy efficiency initiatives found
No disclosed waste management or resource conservation programs

Inclusion & Diversity

2.5/5

Glassdoor Diversity Rating

The company received an external rating for diversity and inclusion on Glassdoor.

No formal DEI strategy or programs stated
No published gender breakdown or targets
No disclosed DEI outcomes or metrics

Articles

Company Approach