About Us
Disciplined Investing. Hands-On Operations. Long-Term Wealth Creation.
Starcore Capital Group is a multifamily investment and operating company focused on acquiring and transforming well-located apartment communities in the Dallas–Fort Worth market.
We are not a firm that raises capital and disappears. We are operators first — deeply embedded in the day-to-day performance of every asset we own. Our approach combines disciplined acquisitions with hands-on operational execution to generate durable cash flow and long-term value for our investors.
Today, Starcore Capital owns and operates 450+ multifamily units with over $100M in assets under management — built from the ground up without institutional backing, one disciplined decision at a time.
Our philosophy is simple:
Best product. Best price. Best service.
When these three principles come together, properties perform better, residents stay longer, and investors benefit from stronger long-term returns.
OUR APPROACH
We follow a disciplined strategy built around three core principles:
- Buy Right
We focus on acquiring properties at a strong basis in high-growth markets with durable demand drivers. Every deal begins with conservative underwriting and a clear value-creation thesis before a single dollar is committed. - Operate Intentionally
We are hands-on operators who go line by line through P&Ls, walk assets regularly, and push back on numbers that don’t feel right. Operational discipline — not market luck — is where real value is created. While DFW rents were flat or negative over the past two years, our portfolio delivered 8.5% effective rental growth through relentless operational focus. - Protect Investor Capital
Every investment decision is evaluated through a risk-first lens. We focus on consistent, durable returns rather than chasing short-term speculation.
THE STARCORE STANDARD
At Starcore Capital, how we operate is as important as what we acquire. The Starcore Standard is the operating philosophy that guides every decision — from how we evaluate deals to how we treat residents to how we communicate with investors.
It is built on three uncompromising pillars:
Ownership Mentality
We treat every property as if it is our own home and every investor dollar as if it is our own capital. There are no absentee owners here. We are in the field, in the numbers, and in the details — because that is where performance is won or lost.
Integrity Always
We communicate what is working and what is not. We share real numbers, not adjusted fantasies. In volatile cycles, transparency is not optional — it is the foundation of every investor relationship we build. We communicate monthly, host investor webinars, and meet face-to-face across different cities because we believe performance matters and communication matters just as much.
Legacy Mindset
We are not building a portfolio for the next quarter. We are building a platform that will outlast us — one that creates lasting communities for residents, consistent returns for investors, and a standard of excellence for the multifamily industry. Every decision is made with the long term in mind.
INVESTMENT CRITERIA
Starcore Capital reviews opportunities continuously. Very few make it through our underwriting process. Here is how we evaluate every deal:
Market Focus
We invest primarily in the Dallas–Fort Worth Metroplex — one of the strongest multifamily markets in the country, driven by consistent population growth, job diversification, and business-friendly policy. We know this market deeply because we operate in it every day.
Asset Profile
We target workforce housing communities — 50 to 300+ units — that are well-located but operationally underperforming. We look for properties where hands-on management, targeted renovations, and operational discipline can unlock significant value.
Underwriting Discipline
We underwrite conservatively — stress-testing rent assumptions, expense ratios, and exit cap rates before committing. We do not chase pro forma projections. We build our returns from real operational improvement, not optimistic assumptions.
Value Creation Thesis
Every acquisition must have a clear, executable business plan. We focus on operational value-add — improving NOI through expense management, revenue optimization, and resident retention — alongside strategic physical improvements where warranted.
Investor Alignment
We co-invest alongside our investors in every deal. Our interests are always aligned — we win when our investors win.
LEADERSHIP
Starcore Capital is led by Vivek and Asha Kangralkar — entrepreneurs who built multiple businesses from the ground up before entering real estate.
Their journey did not begin with capital or institutional backing. It began with resilience, grit, and a relentless belief in building something that lasts. After Vivek’s 2012 corporate layoff, they made a decision — no more waiting for someone else to determine their future. They started a stone slabs import business from scratch, with no customers, no track record, no safety net, and a loan on their 401K. They built it into a real business through sheer determination — driving 257 miles to Houston for client meetings and returning home before 2:45pm to pick up their daughters from school. Every week. For three years straight.
That same hunger built Avacraft — a consumer brand that grew into a nationally recognized company featured by Forbes, Amazon, and major media outlets. And that same hunger built Starcore Capital.
This entrepreneurial foundation shapes how they approach real estate today: as operators and builders, not just investors.
VIVEK KANGRALKAR
Founder & CEO
Before focusing full-time on real estate, Vivek spent 18+ years in Texas Instruments a global technology and business leadership — managing teams, P&L responsibility, and strategic initiatives across 18+ countries. That experience brought deep operational discipline and analytical rigor that now drives every investment decision and property operation at Starcore Capital. Vivek was recognized as the AAGD Rental Owner of the Year and has been featured on the Old Capital Podcast, one of the most respected multifamily platforms in the country.
ASHA KANGRALKAR
Co-Founder & Managing Partner
Asha is the co-founder and equal architect of everything Starcore Capital has built. From the earliest days of building businesses with no safety net, to leading investor relations, operational systems, and strategic planning today — she has been the steady force behind the company’s growth and values. Investors don’t just get Vivek. They get both of them.
Together, they lead Starcore Capital with a simple but uncompromising philosophy:
Entrepreneurs first. Operators always. Investors alongside us.
OUR MISSION
To partner with thoughtful investors to build long-term wealth through disciplined multifamily investing — while creating communities where residents are proud to call home.
We are relentless about operational excellence, transparent in every investor communication, conservative in our underwriting, and committed to protecting every dollar of capital entrusted to us.
OUR VISION
The next decade will reward operators who truly understand how to run real estate — not just acquire it.
Starcore Capital is building a platform that acquires high-quality multifamily communities, transforms them through operational discipline, and creates lasting value for investors and residents alike.
We believe the most trusted multifamily operator in the country is not the biggest one. It is the most disciplined one.
That is what we are building.
Invest with us
Your capital deserves more than passive oversight - it deserves performance.
Joint venture
Partner with a team that leads from the front - with a proven track record, hands-on execution, and investor-first performance.
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