Elevest Capital Closes Fund 69 as Record Number of Investors Use Self-Directed IRAs and 401(k)s to Invest in Real Estate

85% of Fund 69 investors used retirement accounts to participate in the acquisition of a 320-unit Dallas apartment community.

SCOTTSDALE, Ariz., Nov. 9, 2026 /PRNewswire/ -- Elevest Capital, a Scottsdale-based private equity firm specializing in passive multifamily real estate investments, announced the successful closing of Fund 69, a 320-unit apartment community in a highly desirable Dallas, Texas, location.

The acquisition marks a significant milestone, with 85% of Fund 69 investors participating through self-directed Individual Retirement Accounts (IRAs) or retirement funds originating from 401(k) plans, the highest retirement-account participation in Elevest Capital's history.

This record highlights growing interest in diversifying retirement portfolios beyond traditional stocks and bonds through private multifamily real estate.

"One of the most common questions we hear is, 'Can I use my IRA or 401(k) to invest in real estate?'" said Adam Williams, Founder and CEO of Elevest Capital. "Fund 69 demonstrates that investors are recognizing opportunities beyond traditional retirement investments. We're proud to help investors explore alternative ways to diversify their savings and access private real estate opportunities."

About Fund 69

Fund 69 consists of a 320-unit apartment community in a desirable Dallas submarket.

The business plan focuses on optimizing property operations and implementing strategic unit upgrades to strengthen the property's competitive position and drive long-term value.

Acquired in partnership with Rise48 Equity, Fund 69 generated significant investor demand, with initial allocations oversubscribed by approximately $2 million in less than two hours.

Investing in Real Estate Through an IRA or 401(k)

Self-directed IRAs allow eligible investors to diversify retirement portfolios through alternative assets, including private multifamily real estate.

Funds from eligible former-employer 401(k) plans may be transferred into self-directed IRAs through properly executed direct rollovers, generally without triggering immediate taxation.

Investors should consult qualified custodians and tax advisors regarding eligibility, tax implications, and investment risks.

Learn more through Elevest Capital's free Self-Directed IRA Guide at elevestcapital.com/ira.

About Elevest Capital

Elevest Capital is a Scottsdale, Arizona-based private equity firm founded by Adam Williams, Founder and CEO, and Dana Williams, President and Co-Founder.

The firm specializes in passive multifamily real estate investments, focusing on apartment communities across Phoenix, Dallas, and North Carolina.

Learn more at elevestcapital.com.

This release is for informational purposes only and does not constitute an offer to sell or solicit securities. Private real estate investments involve risks, including loss of principal and illiquidity. Returns are not guaranteed. Elevest Capital does not provide tax or legal advice.

Media Contact
Elevest Capital
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480-534-7066

SOURCE Elevest Capital