Our Company
Upside Capital Holdings is the proud owner and operator of a diverse portfolio of multifamily properties in sought-after locations, including Los Angeles, CA, and Dallas, TX.
The company takes pride in fostering long-lasting partnerships with its investors by maintaining an open and honest dialogue, which has been key to its success. To ensure the continued success of our investments, Upside Capital Holdings employs a renovation business strategy to rejuvenate distressed multifamily assets, resulting in predictable and substantial returns. Our company’s investment approach to multifamily properties includes personalized service, tailored to meet the long-term return objectives of its investors. The team at Upside Capital Holdings values efficiency and attention to detail, as these are fundamental to our success in managing multifamily properties. Above all, the company is committed to enhancing the quality of life for its residents, improving living spaces, and making sure that each resident has a pleasant experience while living in our properties.
Meet The Team

Paul Kalt
As an experienced investor, Paul has deep roots in the multifamily real estate industry, having been associated with Kalt Property Management since its inception in 1962 by his parents, Sam and Illona. Paul’s investment portfolio includes ownership and management of hundreds of apartment units across Southern California.
Starting in 2021, he extended his investment footprint to Dallas by acquiring an additional 500 units. With over 25 years of hands-on experience in residential, multifamily, and commercial construction, Paul is not just an investor but also a seasoned construction professional.
Beyond his investments, he offers construction and retrofit services to numerous multifamily property owners, further solidifying his presence in the real estate and construction sectors.

Jonathan Winick
Jonathan Winick has worked as a wealth management advisor and real estate entrepreneur. He has over 20 years of financial investment experience and was an Options Market Maker with the American Exchange on Wall Street, New York, the Pacific Exchange in San Francisco, and the Chicago Board Options Exchange. He has completed the CFA Level-II exam and has worked in investment management for Merrill Lynch. Jonathan received his Law Degree and was on Law Review at the University of Arizona, where he also obtained a B.A. in Mathematics and Economics.
Jonathan is an equity owner of 3,682 apartment units across 17 multifamily properties. He has been the lead syndicator on three properties totaling 1,200 units and has raised $50M in equity investment.

Michael Bitton
Michael Bitton has extensive experience in acquisitions, repositions, and operations. He has served as the Chief Operating Officer at The Standard Oil Investment Group, where he was responsible for property development activities, including brokering, financing, repositioning, and stabilizing the group’s portfolio.
Throughout his career, Mr. Bitton has completed over $500 million in real estate transactions in California. He has also served as the project director for numerous acquisitions, overseeing the acquisition, overhaul, repurpose, and restructuring of properties, including a 40,000-square-foot commercial property in Los Angeles.
With a proven track record of acquiring undervalued properties, Mr. Bitton excels at unlocking their greatest value and delivering outstanding returns. Since Upside’s inception, he has been involved in managing and overseeing all operational and construction needs, serving as the company’s “boots on the ground

Adam Zunder
Adam Zunder is a seasoned real estate professional with nearly two decades of experience. Adam is integral to the firm’s expansion, and his roles include acquisitions, investor relations, capital raising, and the company’s overall business development.
Adam has been an active broker in the Los Angeles multifamily market over the past 15 years, successfully closing transactions surpassing $750 million. His clients included institutional investors, private equity firms, family offices, high-net-worth individuals, and local property owners. Before that, Adam held a significant position as Vice President at a boutique capital advisory firm in California. In this role, he specialized in securing financing for property owners, further broadening his comprehensive understanding of real estate finance and investment strategies. In addition to advisory roles, Adam owns and operates properties which gives him a unique perspective into all facets of the business.
A native of Los Angeles, Adam values the importance of networking and relationship building. He actively engages and excels at maintaining relationships with influential professionals across all industries.