Led by an operator-investor
Coonhound Capital is owned and led by Michael Cluver. Michael founded the firm to bring a hands-on, field-tested approach to small and mid-sized real estate investments in Southern Indiana and the greater Louisville region.
The firm focuses on simple, understandable business plans that emphasize stable cash flow, alignment with tenants and operating partners, and conservative use of leverage. Every potential acquisition is evaluated with an operator’s eye and an investor’s skepticism.
Coonhound Capital operates out of Jeffersonville, Indiana and pursues opportunities primarily within driving distance, enabling on-site diligence, local relationship building, and active asset oversight.
- Preference for properties that can be understood from the dirt up, not just a spreadsheet.
- Emphasis on tenant quality, local demand drivers, and practical capital improvement plans.
- Alignment with investors through transparent communication and clear return profiles.
What we look for
Coonhound Capital evaluates properties where modest, focused improvements and diligent management can meaningfully improve long-term outcomes.
Small multifamily, neighborhood retail with solid tenant bases, and select mixed-use or light industrial with clear local demand.
Opportunities where capital improvements, lease work, or better operations can create value without speculative assumptions.
Collaborations with investors and operators who value clarity, patience, and long-term thinking over short-term noise.