Elevest Capital Announces Completion of Fund 59: A 200-Unit Class B Multifamily Acquisition in Charlotte, NC

SCOTTSDALE, Ariz., May 28, 2025 /PRNewswire/ -- Elevest Capital, a boutique private equity firm specializing in multifamily real estate, announces the successful completion of Fund 59 with the acquisition of a 200-unit Class B multifamily property in Charlotte, NC. This milestone reflects Elevest Capital's ongoing commitment to delivering high-quality housing and strong returns for investors.

Located in a sought-after submarket, the property benefits from Charlotte's strong economic fundamentals, including job growth, population expansion, and rising rental demand. With modern amenities and a stable tenant base, it aligns perfectly with Elevest Capital's strategy of acquiring value-driven assets in high-growth markets.

"Our ability to fully fund and close on Fund 59 speaks to the strength of our investor network and the sustained demand for quality multifamily investments," said Adam Williams, Founder and CEO of Elevest Capital. "Charlotte's continued growth makes this property a strong and strategic addition to our portfolio."

To enhance long-term value, Elevest Capital plans a comprehensive value-add strategy, including modernizing unit interiors, upgrading amenities, and improving operational efficiencies. These enhancements are aimed at driving occupancy, increasing rental performance, and elevating the resident experience.

"This acquisition is a clear reflection of our investment strategy—targeting strong, high-growth markets with long-term potential," said Dana Williams, COO of Elevest Capital. "With thoughtful renovations, enhanced common areas, and data-driven property management, we're focused on delivering exceptional value for both residents and investors."

About Elevest Capital
Elevest Capital is a private equity firm focused on multifamily real estate investments in high-growth markets. With a hands-on approach and deep market expertise, the firm provides investors with curated opportunities to build generational wealth through institutional-grade assets.

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

Contact Information:
Andie White 
PR@elevestcapital.com
(602) 478 - 7982 

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SOURCE Elevest Capital