About

Elevating Student Living Standards Since 2016

Revitalizing Undermanaged Assets for Strong Returns

Founded in 2016, XFD Real Estate is a privately held owner-operator specializing in student housing and conventional multifamily, with over $400 million in assets under management across seven properties in five states. Since its founding, XFD has developed, acquired, and managed over $700 million in student housing assets nationwide.

We specialize in repositioning underperforming assets through hands-on operations, strategic capital improvements, and disciplined asset management to maximize risk-adjusted returns.

Our leadership team brings over $2.5 billion in collective property management and investment experience and track record.

Track record · 2021–2026

Portfolio Highlights

Assets under management, beds and properties for every reported year. Choose a metric to chart it, then hover or tap any year to see all three side by side.

All-time asset value

$700M

$400M under management today, 57% of the all-time total

Our Team

Samuel Mtunga

Founder & CEO

Alindine Mtunga

Director of Operations, Partner

Kris Manuela

Property Accounting Manager

Jennifer Kustenbauder

Director of Leasing

Xavier Ybarra

Operations Manager

Justin Perryman

Regional Facilities Manager

Anthony Frazier

Senior Marketing Coordinator

Avery Lucas

Marketing Coordinator

THE XFD DIFFERENCE

High-Touch Approach in Business Strategy

A high-touch approach from company executives fosters thoughtful development and execution of business strategy. This hands-on involvement ensures that leaders are closely engaged with the company’s direction, aligning key decisions with long-term goals. By maintaining direct communication with teams and stakeholders, executives can adapt strategies to meet market demands, drive innovation, and ensure consistent progress.

Market exclusivity enables businesses to concentrate their efforts without the distractions of competing interests. By limiting direct competition within a specific market or product segment, companies can fully invest in innovation, customer satisfaction, and growth. This approach not only fosters stronger relationships with clients but also minimizes the risk of conflicts of interest, leading to more focused and sustainable business practices.

A highly experienced team with over $2.5 billion in acquisitions, onboarding, and operational turnaround experience brings invaluable expertise to the table. This depth of knowledge allows for smooth transitions, efficient integrations, and the revitalization of underperforming assets. Their proven track record ensures that complex business challenges are met with effective strategies, driving sustained growth and profitability across various industries.

A tailored approach to marketing and operations allows businesses to cater precisely to the unique demands of their market and clientele. By customizing strategies based on consumer preferences, industry trends, and regional factors, companies can create more effective campaigns and operational processes. This targeted focus leads to stronger customer engagement, increased brand loyalty, and enhanced operational efficiency, all of which drive long-term success.

Careers

Pioneering a New Era of Student Housing

Are you ready for a meaningful career that rewards you for your contributions? Join us, and together, we will challenge the status quo, exceed expectations, and create a future for student housing that is filled with endless possibilities.

Current Open Positions

2101 Fox Dr., Suite 103
Champaign, IL 61820

info@xfdrealestate.com

(217) 636-3136

Contact Us