About ADR

ADR was co-founded by James D. Klingbeil, Jr. and James D. Schrim III to provide unique real estate investment options to 1031 Exchange buyers, real estate investors and owner occupants. ADR, and its partner, Klingbeil Capital Management Ltd. (KCM), acquire medical office buildings and apartment communities and convert them into condominiums. This process creates condominium units that are offered for sale as individual units, or customized bundles of units ranging in size from $500k to $7M. This strategy allows 1031 Exchange buyers and other traditional real estate investors to own smaller pieces of larger properties that they may not have been able to purchase in their entirety. ADR's customers can buy individual fee simple units from different commercial and/or multifamily properties to assemble a diverse real estate portfolio. With properties and portfolios available from $500k to $7M, mid-sized investors have access to real estate opportunities that may not have been available to them in the past.

ADR believes the control our customers have over the size and diversity of their real estate portfolios helps them more closely meet their individual cash flow, return, risk, tax and estate planning needs.

ADR has developed what we believe is a unique way of presenting these offerings to the market. In order to offer the mid-sized real estate investor flexibility and diversification, ADR developed the MARC portfolio concept. Multi-Asset Real Estate Condominiums, or MARCs, are comprised of individual condominiums located in one or more geographic market and may be comprised of one or more asset class.