Evervine Capital invests in multifamily real estate through disciplined acquisitions and active asset management. We connect acquisition basis, capital structure, and operating execution to a clearly defined investment thesis.
Discuss the portfolio, our role, and your objectives.
Closed assets with GP or co-GP involvement. Asset value is an estimate of full property values. How we define these figures
Our philosophy begins with the relationship between price, risk, and the cash flow an asset can sustain. We seek value through a defensible acquisition basis, a resilient capital structure, and a business plan grounded in operating execution.
We seek a defensible entry basis supported by replacement cost, submarket fundamentals, and sustainable property income. The investment thesis must connect the price paid to identifiable operating opportunity.
Acquisition & underwritingWe evaluate leverage, debt maturity, covenant headroom, and liquidity against the business plan. Downside analysis examines the effect of weaker income, higher expenses, capital needs, and less favorable exit conditions.
Our selection disciplineWe connect property performance to the investment thesis through budget variance review, capital expenditure oversight, and operator accountability. Defined responsibilities and clear reporting support decisions throughout ownership.
Asset management & oversightWe avoid investment theses dependent on unsupported rent growth, exit-cap-rate compression, or leverage without adequate refinancing headroom.
Capital preservation is an objective, not a guarantee. Real estate investments involve risk, including loss of principal.
204 units in Lubbock, Texas. Acquired in November 2025 with Evervine’s GP participation alongside Penn Capital.
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Allocated to participating 135 Indiana investors through the cost segregation study.
Sponsor-reported tax losses, not cash distributions or investment returns. Deductibility and timing depend on individual circumstances and applicable limitations.Reporting includes the challenges. The Q2 report identified a $415,000 property-tax estimate versus $385,000 projected, with a firm engaged to appeal.
Operating data: July / Q2 2026 investor report. Historical, sponsor-reported results for one property; not a portfolio return or a guarantee. NOI is not investor cash flow. The cost segregation allocation is reported separately from the Q2 operating results.
Discuss this investmentExplore the investment thesis and Evervine’s responsibilities at each property.
Explore all four investmentsGP · Acquisition & asset management
GP · Asset management & operations
Co-GP · RSN Property Group leads
GP / key principal · Asset management
Featured properties are closed investments. GP and co-GP responsibilities vary by asset; these profiles do not imply an available offering.
Evervine brings acquisitions, asset management, technology, and investor relations together within one investment platform. These in-house functions connect the original underwriting to ongoing performance review, operating priorities, and investor communication.
Our founder’s experience as both a sponsor and a limited partner informs the emphasis on clear accountability, useful reporting, and access to the people responsible for execution.
Explore our investment processEvaluate purchase basis, income durability, financing, and the assumptions behind the business plan.
Matthew StarobykhovskiyReview performance against the plan, track material variances, and coordinate operating priorities.
Hilary WhelanSupport the team with AI tools, automation, data workflows, and reporting infrastructure.
Kudzai GoweraConnect investor questions with relevant materials and the people accountable for the investment.
John CardisInvestment strategy, investor relationships, operating oversight, and technology have named leaders.
Read the leadership biographiesMeet with John Cardis and our investor relations team to examine the strategy, review our investment responsibilities, and identify the materials relevant to your diligence.
Meet with investor relationsAn introductory conversation. No investment commitment.The acquisition thesis and sponsor role at each property
Operating results, risks, and the reporting behind them
Your investment objectives and questions for the team
