Matt Ferrari Launches PXV Multifamily
PXV aims to build $2+ billion in assets under management over the next 36 months by acquiring properties directly with its own capital and through joint ventures with limited partners. The Miami-based firm will focus initially on individual assets and portfolios made up of 1980s vintage and newer assets with 150 units or more in major markets across the US, driving alpha through operational precision.
Miami, FL (November 5, 2025)— 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-add 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 over $4Bn 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 multifamily platform, Matt stood out amongst the crowd, having actively led a highly successful national multifamily platform as co-CIO, while at the same time managing institutional relationships, sourcing new deal flow and asset managing assets across the Eastern US – the combination of which we see as incredibly unique,” said Robby Zorich, a Managing Parter at BroadVail.
PXV aims to build $2+ billion in assets under management (AUM) over the next 36 months by acquiring properties directly with its own capital and through joint ventures with limited partners. The firm, which is based in Miami, will focus initially on individual assets and portfolios made up of 1980s vintage and newer assets with 150 units or more in major markets across the US.
“While we are well capitalized, to generate strong returns in this next cycle, you need more than capital—you need operational precision and PXV will be a multifamily sharpshooter which can drive alpha through operations, not just acquisitions,” said Ferrari, the former Co-Chief Investment Officer and Head of East/Central Region Asset Management for TruAmerica Multifamily. “That DNA—operations-first—is going to be embedded throughout this company.”
Ferrari is launching PXV as he is seeing the multifamily investment market turning a corner with resetting values, increasing transaction activity and improving operating fundamentals, while at the same time nearly $750Bn of multifamily loans set to mature over the next three years.
“There was a flood of new entrants into the space during this past cycle, many of whom aren’t operators, and nearly all of whom took on excessive leverage during 2021 and 2022,” said Ferrari. “As a result, there’s more mismanagement in the market than we’ve seen in years, and combined with a mountain of deals that have upside down capital stacks, that creates opportunity. If you’re a true operator, you can identify mismanaged assets and unlock real value.”
The next few months will be spent building PXV’s asset management and acquisition teams made up of high-caliber professionals with deep expertise, according to Ferrari.
“We expect to make several major announcements after the beginning of the year,” he said.
Ferrari launches PXV after nearly a decade at TruAmerica Multifamily. He joined the firm in 2016 as its Eastern U.S. Director of Acquisitions eventually rising to Co-Chief Investment Officer. In that role, Ferrari played a pivotal role in the growth of TruAmerica, helping to open new markets and increase AUM from $6.2 billion to $15.2 billion during his tenure.
Ferrari, who has spent the vast majority of his career in the property markets, was previously Investments Director for AvalonBay Communities, Inc., out of the real estate investment trust’s Arlington, VA-based headquarters where he oversaw acquisitions and dispositions in the Mid-Atlantic region. He started his career with Archstone as operations director responsible for managing a portfolio of multifamily and retail assets in NYC, shortly after receiving his MBA from Georgetown University. He earned his BS in Business Administration from Skidmore College.
About BroadVail Capital Partners
BroadVail Capital Partners (“BroadVail”) is a private equity firm providing entity-level growth capital to real estate operators that are assembling portfolios across the United States in strategically targeted sectors. Since 2014, BroadVail has partnered with and grown six institutional real estate platforms across the U.S. in the Affordable Housing, Self-Storage, Industrial, Medical Office, Student Housing and Build-to-Rent SFR sectors. These platforms have acquired or developed 187 assets in transactions involving over $5.2 Billion in total capitalization. Headquartered in Houston, BroadVail is an active partner providing capital solutions, strategic guidance, risk management, data analytics and portfolio management expertise to its portfolio companies.
Media Contact:
Bruce Beck/DB&R Marketing Communications, Inc.
Bruce@dbrpr.com
(818) 540-8077
