L
egacy Capital Partners and RHM Capital Group have merged to create Legacy RHM Capital, a fully integrated platform focused on acquiring, operating, and improving institutional‑grade multifamily assets in the Midwest and Southeast. The new firm will operate from the former Legacy Capital office in Lyndhurst, Ohio, and will target markets with strong rental fundamentals.

    Legacy Capital, founded in 2004 by David St. Pierre and Mitchell Schneider, has a 21‑year track record of raising capital through multiple funds and owning 78 properties across 19 states. St. Pierre will serve as president, CEO, and managing member of the combined entity. RHM Capital, launched in 2023 by John Joyce, Ned Huffman, Jim Doyle, Preston Hoge, and Andrew Iarussi, has closed six deals in its first two years.

    “Legacy RHM Capital blends deep industry expertise with operational precision,” said St. Pierre. “We bring institutional capital discipline and owner‑operator execution to every investment.” Schneider added that the merger will accelerate deal flow and deliver superior results for investors.

    The company’s operational backbone rests on strategic ties to RHM Real Estate Group for property management and Noble General Contractors for construction oversight. Leadership includes seasoned professionals from Legacy Capital, RHM Real Estate, and Bellwether Enterprise Real Estate Capital.

    Joyce emphasized the synergy: “Combining two proven organizations with built‑in relationships strengthens our integrated model and creates value for investors, residents, partners, and our team.” The firm’s flexible capital strategies, strong relationships, and in‑house capabilities position it to seize opportunities even in volatile markets.

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