Fringe Capital is a fully vertical investment firm specializing in the acquisition and reposition of multifamily real estate.

Providing quality solutions for asset management, multifamily investments, and acquisitions.

Investments

The Willow

The Willow

Phoenix, AZ
86-unit Value Add
Acquired in May 2022

Village Diamante

Village Diamante

Glendale, AZ
69-unit Value Add
Acquired in April 2022

Santa Cruz Villas

Santa Cruz Villas

Phoenix, AZ
26-unit Value Add
Acquired in April 2022

Sold - $13,815,000 | % IRR | 1.89x MOIC
Village Point

Village Point

Glendale, AZ
66-unit Value Add
Acquired in March 2022

Pinchot Greens

Pinchot Greens

Phoenix, AZ
56-unit Value Add
Acquired in January 2022

De Novo on Roanoke

De Novo on Roanoke

Phoenix, AZ
20-unit Multifamily
Acquired in January 2022

Trident @ University Point

Trident @ University Point

Tempe, AZ

27-unit Value Add

Acquired in December 2021

Sold - $6,370,000 | % IRR | 5x MOIC
24 on Farmer

24 on Farmer

Tempe, AZ

24-unit Value Add

Acquired in October 2021

Camino Village

Camino Village

Phoenix, AZ

80-unit Value Add

Acquired in October 2021

Urbana Midtown

Urbana Midtown

Phoenix, AZ

28-unit Value Add

Acquired in July 2021

230 N Marsh

230 N Marsh

Reno, NV

8-unit Value Add

Acquired in June 2021

Fringe on 32nd

Fringe on 32nd

Phoenix, AZ

24-unit Value Add

Acquired in February 2021

Aviara

Aviara

Phoenix, AZ

16-unit Multifamily

Acquired in November 2020

Sold - $8,300,000 | 80.2% IRR | 2.25x MOIC
The Hayden

The Hayden

Scottsdale, AZ
25-unit Value Add
Acquired in March 2020

Chicago Ave

Chicago Ave

West Town, Chicago

6-unit Mixed Use

Acquired in February 2020

Altgeld

Altgeld

Logan Square, Chicago

8-unit Multifamily

Acquired in October 2019

About Us

Investing in Arizona, Illinois and Nevada real estate

Fringe Capital Partners and their predecessors were founded in early 2015 with the goal of providing generational multifamily investment vehicles through sponsor commitment, strategic partnerships and multiplatform management. In early 2020, Fringe expanded to the Phoenix/Scottsdale market. Leveraging 20+ years of combined experience in general contracting, property management, and real estate acquisition, Fringe is well situated to acquire, reposition, and maintain multifamily assets through vertically integrated teams in target markets.

The Team

Josh Meister, Principal
Josh Meister, Principal

Josh is a 2018 graduate from the University of Denver’s Daniels College of Business. In 2017, while attending DU, Josh joined MadHern LLC, a vertically integrated property management firm in Chicago, IL. Gaining the skills and understanding of property management, Josh used his experience as a catalyst to co-found Fringe Capital Partners in early 2019. Since his tenure at Fringe, Josh has become a licensed broker and has led the acquisition team to building an $100M+ real esate portfolio in just over 24 months in the business. Josh focuses mostly on acqusiitons, debt, underwriting, and investor relations. In his free time, Josh serves as a mentor for Superpower Consulting, a mentorship program for kids with ADHD, Dyslexia, and other learning disabilities.

Michael Madonis, Principal
Michael Madonis, Principal

Over a 17-year career, Michael has successfully developed and managed business platforms in real estate development/acquisition, property management, and fitness. From 2003-2009, Michael worked for his families Chicago based development firm, Madonis Development. Holding a position as a project manager, Michael led ground-up development projects up to $5 million. Embracing his entrepreneurial spirit, Michael developed a fitness concept generating $5.6 million in revenue and climbing in 2010. Using his development experience, Michael saw an opportunity in 2015 and co-founded MadHern LLC, a Chicago based property management company. After four years of managing 300+ units, Michael co-founded Fringe Capital Partners.

Angelic Menegatos, Chief Financial Officer
Angelic Menegatos, Chief Financial Officer

Angelic graduated from the University of Alaska, Anchorage with a Bachelor’s in Business Administration, Accounting, and obtained her Master of Science, Accounting from Western Governors University. She has spent the last seven years of her career working in public accounting with high-net worth individuals, their businesses, and investment properties. Prior to joining the Fringe Capital team, she founded an advisory & tax accounting firm providing services to budding entrepreneurs and small to medium businesses. Angelic brings a number of new skills to the team to help continue our rapid growth.

John Zemaitis, Head of Construction
John Zemaitis, Head of Construction

John is a graduate of Arizona State University’s College of Engineering with a degree in Construction Management. He started his career in 2007 as a superintendent for a high-end custom home builder in Phoenix, AZ. He then joined the KBR project team in 2009 constructing a gas to liquids refinery for Chevron in Nigeria. At completion of the project, John stayed in Nigeria to develop and implement the OnStream inspection program for Chevron’s operating refinery. While still working in Nigeria, John founded PDG Construction in 2017 specializing in home remodeling in Phoenix. After 12 years in Nigeria, John returned to Phoenix full-time in 2021. John brings his diverse project management and construction skills to the team. In his free time, John is an Open Water Marathon swimmer with many long distance swims in the US and in countries around the world, and plans for more in the future.

Ben Segal, Project Manager
Ben Segal, Project Manager

A recent graduate of DePaul University, Ben is something of a ‘jack of all trades’. He has a background in construction and property management, providing him with a strong foundation for continuing to learn more about the real estate and property management industries. His most recent position was at Peak Properties, a Chicago-based property management company. During his time at Peak, Ben learned the ins and outs of property and project management. His position at Fringe will consist of overseeing construction projects and managing the day to day property management duties for portfolio properties. Ben is also an avid outdoorsman and enjoys mountain biking, fishing, and camping.

Kim Gonzalez, Operations Manager
Kim Gonzalez, Operations Manager

As an Operations Manager, Kim oversees and manages the daily operations of all portfolio communities. She has held multiple roles in the industry as a leasing consultant, assistant manager, due diligence auditor, and property manager. Through her years in property management, Kim has managed community financials, planned unit turns and maintained property financials. Kim has built a solid background in customer service and interpersonal skills, giving her the ability to form strong relationships with both tenants and vendors. In her free time, Kim enjoys baking, home remodeling projects, and camping with her family.

Office Locations

Chicago

1406 W Fulton Market, Suite A1
Chicago, IL 60607(312) 351-4799

Phoenix

4711 N 15th Street, Suite 28
Phoenix, AZ 85041(480) 612-6265