Industries Capital operates in multi-family real estate in San Diego

Why Industries Capital Exists

Industries Capital exists to bring institutional underwriting discipline to emerging and active multifamily operators.

Most deals look strong in a broker OM.
Few survive conservative base-case math, downside stress, and refinance constraints.

We operate independently from capital allocation, brokerage, and syndication.
Our role is singular: evaluate whether a deal survives reality before time, credibility, or capital are committed.

We focus on:

  • Base-case DSCR and cash flow integrity

  • Expense validation and structural assumptions

  • Downside stress testing

  • Refinance feasibility and binding constraints

  • Clear pass / fail / conditional verdicts

No pro-forma inflation.
No upside storytelling.
No capital-raising spin.