Institutional Discipline
Operational Value Creation
A real estate
operating company
at our core.
Elliott Properties is a vertically integrated real estate operating company focused on multifamily acquisitions in the Mid-Atlantic and Southeast. We co-invest alongside our partners in every asset, taking a hands-on approach from acquisition through exit.
We focus on primary and secondary markets, where local relationships, operational expertise, and active management create a durable competitive edge. Our principals' personal capital is invested in every deal, ensuring full alignment with our partners and a shared commitment to improving the communities we serve.
Meet the team →Institutional Depth
Our principals bring over $5B in combined acquisition and operational experience across both gateway and high-growth Southeast markets. This institutional foundation guides how we underwrite, manage, and report on every asset, ensuring disciplined execution and transparency for our partners.
Operational Edge
Elliott Properties takes a hands-on approach at the asset level. We maintain direct oversight of property management, lead capital improvement programs on-site, and self-manage renovations — giving us meaningful control over costs, timelines, and outcomes.
Market-Specific Conviction
We concentrate on the VA/NC/SC corridor, where we have longstanding relationships with local brokers, owners, and operators over years of direct transactions. That continuity gives us consistent access to opportunities and a granular understanding of submarket dynamics that informs how we underwrite and manage assets. Target asset size: $5M–$100M, with a preference for off-market sourcing.
Leadership Team.
- 15 years of experience in commercial real estate, finance, investment banking, and commercial banking
- Former VP at MDR REIT, Director of Finance (FP&A) at Carr Properties, Investment Banking Associate at KBW, VP of Treasury & M&A at United Bankshares (UBSI)
- Experienced in strategic advisory, capital markets, M&A, and CRE acquisitions/dispositions
- Washington & Lee University · Former Series 7, 63, 79 holder
- 10 years of experience in commercial real estate investments, asset management, and finance
- Former Director of Investments at Blackfin Real Estate Investors — participated in $1.6B of transactions across the east coast
- Responsible for sourcing and closing multifamily transactions in the Mid-Atlantic and Southeast
- Prior: Portfolio Manager at United Bank — structured, underwrote, and closed CRE debt transactions
- Wofford College
- 5+ years of experience in commercial real estate investments, asset management, and finance
- Acquisitions and Asset Management Associate at GrayCo, Inc.
- Asset Management Associate at Carr Properties
- Real Estate Analyst at Colliers International
- 40+ years of commercial real estate experience sourcing, acquiring, and managing investment properties
- Former Co-Founder & President of MDR REIT, Managing Partner of Prudential Commercial Real Estate, President of Virginia Realty and Development Company
- President — Central Virginia Region, Goodman Segar Hogan Hoffler; Managing Director, GVA Advantis
- Licensed Real Estate Broker · Certified Property Manager (CPM of the Year) · Certified Value Engineer
- Auburn University (Undergraduate) · Virginia Tech (Masters, Civil Engineering)
Actively Managed
Communities.
Management
Properties
Contract
Markets
An off-market multifamily opportunity currently under contract. Details to be announced.
Express Interest →Mid-Atlantic &
Southeast markets.
We concentrate on primary and secondary markets where our relationships, local knowledge, and operational infrastructure create genuine competitive advantage over remote capital.
Our home base. We are headquartered and live in Richmond, VA — one of the fastest-growing MSAs in the country, ideally positioned between the Carolinas and the nation's capital in Washington, D.C. Virginia is a perennial top-ranked state for business, with government, defense, and healthcare-anchored employment bases providing durable multifamily demand. Limited new supply in secondary corridors creates compelling basis opportunities for well-positioned operators.
Home to all four of our portfolio communities. North Carolina ranks among the top states in the country for business climate, drawing consistent corporate relocations and sustained population in-migration from higher-cost metros. Favorable land and acquisition pricing relative to gateway markets creates compelling basis opportunities for disciplined operators. Major university anchors, manufacturing revival, and a diversifying employment base drive persistent workforce housing demand — while limited new supply across the Triad corridor keeps occupancy strong and fundamentals intact.
One of the Southeast's fastest-growing states, South Carolina benefits from a pro-business regulatory environment, no state income tax on retirement income, and accelerating population growth driven by domestic migration. Automotive, aerospace, and advanced manufacturing investment continues to diversify the employment base and expand the workforce housing renter pool — with demand outpacing new supply across both coastal and inland markets.
How we underwrite
& acquire.
Institutional discipline applied to every deal — focused on achievable returns in base-case scenarios. Primary and secondary markets, hands-on operations, and off-market sourcing are core to our edge.
Discuss a deal →Proprietary Deal Sourcing
Years of market cultivation have built a network of brokers, lenders, and operators who surface off-market opportunities before wide distribution.
Value-Add Execution
We acquire communities with repositioning potential — where capital investment and management intensity close the gap between in-place performance and market potential.
Conservative Underwriting
We stress-test exits with rate sensitivity and realistic rent growth. Returns must hold in downside scenarios. We do not rely on cap rate compression to justify acquisitions.
Active Asset Management
Daily monitoring of occupancy, collections, and operations — not weekly check-ins. We are on the ground, in the numbers, and in contact with property management every day. Capital doesn't run itself, and neither do our assets.
Construction Management
We self-manage renovations from procurement through punch list — overseeing contractors directly, protecting budgets, and compressing timelines that third parties can't match. Interior upgrades, amenity repositioning, and capital projects are executed in-house.
A disciplined
partner.
Access Investor Portal
Quarterly Reporting
Regular Cash Distributions
Direct Principal Access
True Alignment of Interest
Investor Portal
Access your investment documents, distributions, K-1s, and quarterly reports through our secure portal, powered by InvestNext.
Log In to PortalNew investors: contact us to request access
How can we
help you?
Select the nature of your inquiry below. Our team responds to all qualified inquiries within one business day.
We partner with accredited investors seeking direct multifamily exposure in the Mid-Atlantic and Southeast. Please share your investment criteria and we will follow up to discuss current and upcoming opportunities.