Real estate investment veteran Matt Ferrari has launched PXV Multifamily, a private multifamily investment and operating firm which will target a broad spectrum of assets from middle-market value-added properties to institutional quality opportunities in select key markets throughout the United States.
PXV is capitalized with funds from BroadVail Capital Partners, a Houston-based real estate private equity firm that partners with best-in-class management teams to build institutional real estate investment platforms. This marks BroadVail’s entrance into the traditional multifamily sector, with other active platforms in the industrial, self-storage and affordable housing sectors that have collectively closed on more than $4 billion of deal flow.
“We’ve waited a long time to find the right team within this highly mature sector, but we believe our patience will be rewarded with Matt Ferrari at the helm. After a nearly three-year search for an individual to lead a