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National  + South Carolina  + Apartments  | 

Eller Capital Launches $50M MF Acquisitions Fund in Southeast

Private equity real estate investment firm Eller Capital Partners has announced the launch of a new multifamily acquisitions fund focused on major metropolitan areas in the Southeast.

Eller has set a target of $50 million for a new fund and will execute a dual investment strategy that serves the firm’s institutional and private wealth partners. The fund has already acquired four multifamily communities across North and South Carolina that include Alta Surf, a 216-unit community in Myrtle Beach; Northcliffe Forest, a 288-unit community in Winston-Salem; West End Flats, a 188-unit community in Carrboro and Midtown 501, a 248-unit community in Chapel Hill.

“Current market conditions and shifting demographic patterns have spurred new demand for investment vehicles that can capitalize on the exceptional amount of growth and development occurring in the Southeast,” said Daniel Eller, founder and CEO at Eller Capital Partners. “Eller Capital’s prior track record in generating meaningful, risk-adjusted returns through our proven repositioning blueprint has earned the trust of our investment partners.”

*Pictured above is Daniel Eller

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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