KCPAG Financial Advisors

KCPAG Financial Advisors

KCPAG Financial Advisors was founded in 2005 in Kansas City, Missouri, by Mark McRae, who positioned the firm at the intersection of private real estate sponsorship and capital placement. The firm originates commercial real estate debt and equity opportunities, structuring investments for a network of high-net-worth individuals and smaller institutional partners rather than running a broad multi-asset RIA platform. The firm's core activity centers on sourcing and underwriting real estate transactions, with a focus on multifamily, retail, and office properties in the Midwest and Sun Belt regions. KCPAG structures private placements — often through Regulation D offerings — across the capital stack including senior debt, mezzanine financing, and preferred equity. Its posture is sponsor-centric, acting both as general partner on select developments and as a placement agent matching accredited investors with real estate operators. Deal flow is characteristically local and relationship-driven in markets like Kansas City, St. Louis, and surrounding secondary metros. KCPAG maintains a lean team led by McRae, with the firm's scale reflected in its episodic, deal-specific deployment model. Public records do not disclose aggregate AUM or total deployment. The firm has not registered widely reported institutional separate accounts or publicly filed fund vehicles beyond typical Regulation D private placement structures. Its regulatory footprint through the SEC and FINRA shows a small registered investment advisor with limited custody of client assets. The firm's structural differentiator is its dual role as both deal sponsor and capital intermediary — a model common among regional real estate boutiques but distinct from pure fund managers. KCPAG earns fees from both the capital-raise side and the real estate transaction itself, creating an alignment mechanism tied to per-deal performance rather than management fees on a standing pool of assets.