Crownex Capital acquires commercial and mixed-use properties where the highest and best use is to create (or expand) residential rental cash flow.
We focus on assets with clear, executable paths to residential income through repositioning, conversion, infill, or redevelopment—not speculation.
Why This Works
Many commercial assets are mispriced due to vacancy, outdated layouts, or poor operations. At the same time, demand for housing and rentals remains durable in strong submarkets.
We aim to capture that spread by:
Buying assets with discounted basis (vacancy, distress, under-managed)
Creating value through physical improvements + better operations
Unlocking residential upside via conversion-ready layouts, zoning pathways, or redevelopment optionality
Delivering a clear rental exit: stabilized residential income
Our Deal Filters
We pursue opportunities with at least one of the following:
That can be stabilized
Layout/tenant mix we can correct
That supports infill or added units (where feasible)
Structure, access, light, egress, and unit layouts that pencil
That supports residential use or a realistic path to it
Leases, expenses, CAM recovery, management, maintenance
Execution Approach
Our value creation is typically a mix of:
Residential Rental Upside
When It's the Best Path
So We Stay Disciplined
To protect capital and timelines, we generally avoid:
Deals requiring long, uncertain entitlement battles
Unknown environmental risk without a priced plan
Heavy structural unknowns without access for inspection
Where zoning/feasibility isn't credible
Assets where residential demand and rents can't support the plan
We collaborate with:
Seeking a clean exit
With off-market or overlooked opportunities
Who value disciplined execution
Aligned with residential rental outcomes
If you bring a deal that fits the thesis, we move quickly and professionally.
Have a property that fits our commercial-to-residential rental focus?
Address + asset type
Rent roll / leases (if available)
Photos (interior/exterior) or quick video walkthrough
Asking price and timeline
Any known issues (roof, HVAC, structural, environmental, code)
Important: We don't chase everything. If we engage, it's because the asset fits our conversion/reposition thesis and we can execute with confidence.