Multifamily,
underwritten by
engineers.
JLS Capital Group acquires 10–50 door apartment buildings in the resilient working towns of Michigan, Indiana, Illinois, and Kentucky — delivering quarterly cash distributions to limited partners. We buy where rent gets paid.
Institutional Quality, Boutique Alignment
We buy where rent gets paid.
Reliably, month after month.
Class B/C garden-style multifamily in MSAs of 80–250K across Michigan, Indiana, Illinois, and Kentucky. Rent reaches us from two independent sources: the blue-collar and service payrolls that keep regional economies running — logistics, healthcare, public infrastructure, manufacturing — and government-backed housing assistance. One doesn’t telecommute. The other doesn’t depend on a paycheck at all.
Consistent Cash Income
Rental income from stabilized, professionally managed properties — distributed quarterly to LPs, beginning the second quarter after acquisition.
Real-Asset Appreciation
Value-add improvements and disciplined operations grow Net Operating Income (NOI) over the 5–7 year hold — driving durable asset price appreciation.
Tax-Advantaged Yield
Accelerated cost segregation depreciation pass-through and mortgage interest deductions shelter cash flow. Real estate advantages stocks don't offer.
Inflation Protection
Leases reset on annual cycles; property reprices with replacement cost. Historically one of the strongest inflation-hedged income streams available.
Professional Management
Capital improvements, vendor contracts, lender relations, and LP reporting are fully executed by JLS Capital Group. You wire capital; we manage the asset.
Transparent LP Portal
Quarterly detailed operating letters, timely annual K-1s, and 24/7 access to document portals, distribution statements, and waterfall metrics. Zero black boxes.
LP Yield & Distribution Calculator
Simulate returns based on 6% preferred return & working-town NOI target
*Projections based on base-case underwriting. Targets are not guaranteed. Past performance does not guarantee future results.
Four steps. One engineering discipline.
Every JLS deal moves through the exact same four-stage system. The discipline is the product. We do not skip steps, chase speculative markets, or alter underwriting parameters to make a deal pencil.
Find the inefficient middle.
We target 10–50 door Class B/C properties in MSAs of 80–250K — too large for unsophisticated retail buyers, too small for institutional mega-funds.
Engineer the deal.
Conservative rent projections, stress-tested interest rates, line-item capex budgets, and full third-party engineering audits. Single-point-of-failure analysis.
Close on disciplined terms.
Capital structure is locked prior to offer. Agency or regional debt placed through established lender relationships. LP commitments syndicated transparently.
Execute NOI value-add.
Hands-on asset management. Unit interior modernization, utility rubs, monthly internal review, quarterly LP letters, and exit strictly when the model dictates.
Our goal is to deliver strong returns —
and protect LP capital above all else.
Jonathan Srabian
"Disciplined Multifamily Investing in Markets That Make Sense — applying institutional-grade underwriting to small-to-mid market deals."
Jonathan is the founder of JLS Capital Group and lead sponsor of every JLS deal. His real estate background spans over two decades of hands-on ownership and operation of rental properties — including renovations and value-add execution — alongside underwriting, broker relationship development, passive and LP investments, active participation in multifamily investor communities, and service as a former HOA president.
That ground-level operator experience is paired with 20 years of institutional operational leadership, managing complex, mission-critical engineering and infrastructure programs. He currently serves as a Senior Project Manager, leading projects across government, nuclear, aerospace, and Formula 1-related test facilities. Previously, he served as a Senior Program Manager at Amazon, leading six senior project managers across a $3B+ fulfillment center portfolio spanning more than 18 million square feet, with his team managing approximately $250 million in startup budget per building.
As lead sponsor and co-GP, Jonathan partners with experienced multifamily operators to evaluate opportunities and execute business plans — bringing an operator's instinct and an engineer's discipline to every underwriting desk.
Jonathan holds an MBA and an MS in Industrial and Systems Engineering from USC, a BS in Electrical Engineering from Purdue University, and is a Lean Six Sigma Green Belt.
Justin Brennan
The Brennan Pohle Group ($100M+ AUM) · Licensed Broker & General Contractor
Justin Brennan
Justin is a third-generation multifamily investor, blending years of experience across luxury real estate, multifamily, construction, land planning, and syndication. He helps lead The Brennan Pohle Group's day-to-day operations and strategic direction — a platform that today oversees more than $100 million in assets.
Justin is a licensed general contractor and real estate broker, and owns both a property-management company and an e-learning business. With a finance degree from Pepperdine University and dual master's degrees from the University of San Diego MBA program and the Burnham-Moore School of Real Estate, he brings a rare depth of operational, legal, and capital-markets fluency to every deal.
Inside Brennan Pohle he leads opportunity sourcing, national operations setup, market and data evaluation, and finance — applying these same disciplines across working-town multifamily strategies.
From his first $100,000 rental purchase in 2010 to overseeing $100M+ in assets today, Justin has built a record of making investors money through disciplined growth, conservative leverage, and an operator's eye for the unglamorous details that compound over decades.
Seasoned partners in law, investor relations, & asset structure
Erik P. Weingold
Securities Attorney
Corporate securities attorney practicing since 1995. Drafted PPMs used to raise millions upon millions for companies across the U.S.
Syndication Pro
Investor Relations Portal
All-in-one investor portal providing 24/7 access to tax documents, quarterly updates, investment documents, and transparent reporting.
Clint Coons
Business & Tax Attorney
Founding partner of Anderson Law Group (200+ employees), assisting real estate investors with creating and implementing solid entity structuring plans.
Featured Flagship Opportunity:
Confidential Acquisition.
A 24-unit Class A townhome community in a high-demand Indianapolis submarket, co-sponsored by JLS Capital Group and CMC Capital Group. Property name and address are released to verified limited partners under non-disclosure.
Confidential Acquisition
$4.90M Purchase Price · $2.00M EquityAcquisition of a 24-unit Class A townhome community featuring spacious 2BR and 3BR layouts (1,247 SF avg), private entries, in-unit laundry, and direct access to a premier urban trail and dining district. Co-sponsored with CMC Capital Group to capture market rent upside and execute operational efficiencies.