Elevest Capital Closes Fund 60 with Strategic Acquisition of 248-Unit B+ Multifamily Asset in Dallas, TX

PR Newswire
Wednesday, August 13, 2025 at 12:53pm UTC

Elevest Capital Closes Fund 60 with Strategic Acquisition of 248-Unit B+ Multifamily Asset in Dallas, TX

PR Newswire

SCOTTSDALE, Ariz., Aug. 13, 2025 /PRNewswire/ -- Elevest Capital, a privately held real estate investment firm focused on multifamily assets, is proud to announce the successful closing of Fund 60, marked by the acquisition of a 248-unit Class B+ apartment community located in Dallas, Texas. The deal represents another strategic milestone in Elevest Capital's effort to expand its footprint in high-demand markets across the Sunbelt.

The property sits in a strong B+ location within the Dallas metro, benefiting from favorable market dynamics including population growth, diversified employment drivers, and continued rental demand. The asset presents a compelling opportunity to add value while preserving cash flow from day one.

"Fund 60 represents the kind of deal we love, an institutional-quality property in a thriving market with room to grow," said Adam Williams, Founder and CEO of Elevest Capital. "Dallas has consistently proven itself as a magnet for both talent and capital, and we're excited to deepen our presence in the region."

Elevest plans to execute a targeted renovation plan aimed at elevating unit finishes, enhancing shared spaces, and improving operational performance. These upgrades are expected to increase the property's long-term value while delivering a superior living experience for residents.

"This acquisition reflects our broader investment strategy: secure well-located assets with upside potential in markets supported by strong fundamentals," said Dana Williams, COO of Elevest Capital. "Our team is laser-focused on thoughtful improvements that drive value for both our investors and the community."

About Elevest Capital
Elevest Capital is a Scottsdale-based private equity firm specializing in multifamily investments across growth-oriented U.S. markets. With a disciplined investment approach and a commitment to hands-on asset management, Elevest delivers curated opportunities for investors seeking stable, long-term returns through real estate.

Learn more at www.elevestcapital.com or CLICK HERE TO BOOK A CALL

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SOURCE Elevest Capital