Legacy Capital and RHM Capital Combine to Form Legacy RHM Capital

New Fully Integrated Real Estate Investment Platform To Focus on Multifamily Properties

CLEVELAND, Sept. 8, 2025 /PRNewswire/ -- Legacy RHM Capital, a fully integrated real estate investment platform focused on institutional-quality multifamily properties, announced its formation through the strategic merger of Legacy Capital Partners and RHM Capital Group.

Legacy Capital Partners was founded in 2004 by David St. Pierre and Mitchell Schneider. Over 21 years, the firm raised capital through multiple funds and invested in 78 real estate assets across 19 states. RHM Capital Group was formed in 2023 by John Joyce, Ned Huffman, Jim Doyle, Preston Hoge, and Andrew Iarussi—leaders with deep expertise in real estate operations, capital markets, and investment strategy. Over the last two years, since its inception, RHM Capital Group closed six investments.

"Our goal is to create a firm that combines deep industry experience with operational precision," said David St. Pierre, President & CEO of Legacy RHM Capital. "Legacy RHM Capital is a fully integrated platform that combines the capital discipline of an institutional investor with the execution capability of an experienced owner-operator."

Legacy RHM Capital combines a 21-year track record of disciplined real estate investments and decades of experience in capital markets with extensive hands-on property and construction management experience to offer a comprehensive approach to real estate investing. The result is a firm that is uniquely structured to identify, capitalize, acquire, and manage institutional-quality real estate investments to maximize value for investors.

"We couldn't be happier to combine forces with such a dynamic organization," said Mitchell Schneider, Managing Member of Legacy RHM Capital, co-founder of Legacy Capital Partners, and founder of First Interstate Partners, Ltd.  "With the expertise and energy within our combined team we are positioned to move quickly, execute effectively, and deliver results for our investors."

The firm's operational backbone is supported by its strategic relationships with RHM Real Estate Group (property management) and its wholly owned subsidiary Noble General Contractors (construction management), both of which will provide key support across the asset lifecycle. The leadership team includes seasoned professionals with institutional experience at Legacy Capital Partners and RHM Real Estate Group, as well as Bellwether Enterprise Real Estate Capital.

"We believe the synergy will be outstanding," said John Joyce, Managing Member of Legacy RHM Capital, co-founder of RHM Capital, and founder and CEO of RHM Real Estate Group. "Not only are we combining two highly successful organizations, we have built-in strategic relationships that strengthen our fully integrated model—helping us to create value for our investors, our residents, our partners, and our team."

By combining flexible capital strategies, strong relationships, and in-house capabilities, the firm is well-positioned to act decisively when opportunities arise—even in uncertain market cycles. The firm plans to continue expanding throughout the Midwest and the Southeast, in markets where strong fundamentals support long-term rental demand.

For more information, visit www.LegacyRHMCapital.com.

About Legacy RHM Capital
Legacy RHM Capital is a fully integrated real estate investment platform focused on acquiring, operating, and enhancing institutional-quality multifamily properties. Founded in 2025 through the merger of Legacy Capital Partners and RHM Capital Group, Legacy RHM Capital brings together capital markets expertise, construction capabilities, in-house property management, decades of collective track record in real estate investment, and is positioned for growth across the Midwest and Southeast.

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Contact :
Legacy RHM Capital LLC
25333 Cedar Road, Suite 300
Lyndhurst, OH  44124
Phone: 216.381.2202
Email: [email protected]
Website:  www.LegacyRHMcapital.com

SOURCE Legacy RHM Capital