We strive to educate our investors on every aspect and phase of the acquisition process. We offer knowledge-driven investments that generate and sustain passive income streams to grow their portfolios beyond the potential of traditional investment.
The Napali Investment Process
With more than 50 years of combined real estate and business expertise, our leadership employs a selective process to acquire prime investment opportunities and create passive income streams for our investors. We review and analyze hundreds, before bidding on a few, to acquire a property that will deliver on our financial goals.
Key Advantages to Investing with Napali Capital
- Quarterly distributions
- Every Napali Capital partner invests alongside our investors
- True ownership in a limited liability company
- Equitable passive depreciation of the asset based on investment amount
- Results exceed traditional investment returns
- $75,000,000 of multifamily assets under management
Thomas Black, MD (Co-Founder and Managing Partner)
Thomas Black, MD, is co-founder and managing partner of Napali Capital, author of “The Passive Income Physician: Surviving a Career Crisis by Expanding Net Worth,” and a board-certified emergency medicine physician.
He began his career in real estate overseeing residential mortgage loans at Wells Fargo Financial as an undergraduate. Following graduation from medical school, he began investing in real estate, eventually shifting his focus from single-family to multifamily housing before co-founding Napali Capital.
Thomas a 13-year veteran of the U.S. Armed Forces. He earned his medical degree from the University of Texas Medical Branch in Galveston, Texas, where was selected as a member of Alpha Omega Alpha Medical Honor Society and graduated with honors. He then completed his residency at Indiana University Emergency Medicine Residency Program in Indiana. He continues to practice emergency medicine and serves as a Regional Medical Director for eight Baylor Scott and White Emergency Hospitals.
Thomas is a member of Forbes Real Estate Council, a real estate contributor to Forbes and a University of North Texas Board of Advancement member.
Tim Black (Co-Founder and Managing Partner)
Tim Black is co-founder and Managing Partner of Napali Capital. He brings 30 years of upper level management experience to the company including expertise in operations, strategic planning, marketing, sales, revenue management, and real estate development.
Prior to Napali Capital, Tim served as Chief Operating Officer of Great Wolf Resorts, owner and operator of 17 North American resorts. In this role, he maximized revenue through pricing, demand, digital marketing, and implementation of new revenue streams and predicted consumer behavior, demand, and pricing strategies for entire portfolio of resorts. Additionally, he worked directly with private equity and served as a key player in resort development, assisting in planning, spatial layout, guest traffic flows, and design aimed at maximizing revenue per square foot and efficiently control operating costs.
Earlier in his career, Tim worked for Six Flags Theme Parks where he served in numerous leadership roles including Park President for 3 parks, one of which was the companies largest and most profitable asset.
Tim is a graduate of LaSalle University and has served on the boards of numerous organizations including Big Brothers/Big Sisters, American Red Cross, and Village of Waunakee, Wisconsin, Planning Commission.
Contact Napali Capital
950 E. State Highway 114
Southlake TX 76092