Elevate Development Partners Acquired by S3 Capital | Real Estate Services M&A Deal

S3 Capital has completed the acquisition of Elevate Development Partners, a real estate services other business in Texas, for $116M. Elevate Development Partners supports student housing development and financing in Texas, aligning with S3 Capital’s private equity acquisition strategy for residential real estate services. S3 Capital acquisitions focus on value-add opportunities in TX acquisitions, including other acquisition structures tied to student housing assets. The $116 million private equity acquisition is announced and structured as construction financing to support Texas State student housing development, with deal terms reflecting alternative lending for real estate services M&A.