Participant Capital is a Miami-based private equity real estate investment firm founded by Daniel Kodsi in 2018, offering individual investors and wealth managers access to institutional-grade, large-scale real estate development projects. As an affiliate of Royal Palm Companies, the firm focuses on ground-up, distressed, and value-add developments across high-growth regions like the Sun Belt states and Puerto Rico. With over $4.7 billion invested in more than 50 properties, including mixed-use, multifamily, hospitality, and commercial assets, Participant Capital aims to democratize real estate investing through diversified funds such as the Sun Belt Multifamily Development Fund I.