Elevest Capital is a private multifamily real estate investment firm headquartered in Phoenix, with a major operating presence in Dallas–Fort Worth. Since 2019 we've completed 69 acquisitions totaling more than $2.7 billion and 12,953 apartment units. We currently own 15 properties and 3,613 units across the DFW metro, supported by 80+ full-time W-2 employees on the ground there. Accounting and investor relations are centralized at our Phoenix headquarters.

We've taken eleven properties full cycle — 1,159 units acquired for $165.1 million on $59.0 million of investor equity. On those exits we projected a 15.4% IRR and a 1.90x equity multiple over a five-year hold. Actual results averaged a 2.11x equity multiple returned in an average of 17.7 months. We have never lost an investor dollar. Past performance doesn't predict future results, and we underwrite every new deal to a full five-year hold regardless of how prior deals exited.

Well-located 1980s-era apartment communities in high-growth Sunbelt markets — primarily Dallas–Fort Worth and Phoenix — where we can buy below replacement cost and below recent comparable sales. We look for B-grade assets in A-grade locations: strong household incomes, major nearby employers, and landlord-friendly states. Our preference is for conservative, operationally driven business plans over heavy repositioning.

Four ways. Conservative underwriting and stress testing before we buy. Low-leverage loans with three-year interest rate caps, so a rising-rate environment can't rewrite the returns mid-hold. Significant unallocated cash reserves held at each property for takeover and emergency needs. And we invest our own capital alongside our partners in every deal.

Offerings are open to accredited investors, with minimums that generally start at $200,000. Investors typically receive an 8% preferred cash-on-cash return, return of capital contributions once the preferred is met, and an 85/15 LP/GP split thereafter. Hold periods are underwritten at two to five years. Terms vary by offering — specifics for any active deal are in that deal's documents.

Every investor receives a monthly executive summary covering KPI metrics and actual-versus-budget performance. We also provide the full property management financial package — bank statements, mortgage statements, income statement, balance sheet, and AP detail — so you can review the underlying data yourself rather than taking our word for it. Monthly distributions typically begin within a few months of closing.