FEATURED AGENT
Mitchell Rice
Founder, Elkstone Capital Partners | Commercial Real Estate
A commercial real estate syndicator who takes apartment communities and hotel conversions and makes them dramatically more valuable.
Bringing Commercial Real Estate Into Focus
Mitchell got his start underwriting hundred-million-dollar ground-up developments for a large institutional real estate arm before leaving to learn how to raise capital and build his own pipeline. Today he runs Elkstone Capital Partners, a syndication firm focused on multifamily acquisitions and a distinctive niche: converting extended-stay hotels into apartment communities. His deals stretch from a fifty-two million dollar new-build apartment complex to hotel-to-multifamily conversions that compress cap rates and unlock millions in value. He works the commercial and multifamily side of real estate rather than traditional residential listings, and this page is here for anyone curious about how that side of the business works.
Hear Mitchell Tell It Himself
Mitchell joined the Real Estate Insights podcast to pull back the curtain on commercial and multifamily real estate and explain how a regular investor can get involved.
EPISODE COMING SOON
Check back soon or follow the podcast so you do not miss it.
MITCHELL’S TAKE
“Invest what you’re not afraid to lose. If you don’t understand the numbers yourself, don’t do the investment. Make the sponsor sit down with you and walk you through the model.”
What Elkstone Capital Does Best
Frequently Asked Questions
Is Mitchell a residential real estate agent?
Mitchell focuses on commercial and multifamily real estate as a syndicator rather than traditional residential listings.
What kind of deals does Elkstone Capital do?
Elkstone focuses on multifamily acquisitions and extended-stay hotel-to-apartment conversions.